Energy Update
Market conditions have generally been very bearish across the entire dry bulk sector for the last six months, largely due to vessel oversupply and plummeting bunker prices.
COLOMBO, March 14 (Reuters) - Sri Lanka will send troops to guard 100 key power transmission centres across the island nation, officials said on Monday, a day after the worst power outage in 20 years, as the head of the state-owned utility board refused to rule out sabotage.
RIYADH, March 14 (Reuters) - A senior Saudi Arabian prince on Monday condemned comments attributed to U.S.
March 14 (Reuters) - Saudi Arabia kept its crude oil production steady in February, pumping 10.22 million barrels per day (bpd), an industry source told Reuters on Monday, after the top oil exporter struck a preliminary deal with other producers to freeze output.
AHMEDABAD, Pakistan, March 14 (Thomson Reuters Foundation) - I n her home in the remote Hunza valley, Gul Mehreen smiles as she places a tea kettle on the electric stove in her immaculate kitchen.
* Graphic on debt issuance, maturities: http://tmsnrt.rs/1Rb4n8S
The clearest indication yet that the Obama administration has little intention of allowing oil and gas exploration off the coast of Virginia is contained in the president’s proposed 2017 budget.
(Mon, 14 Mar 2016) Total electricity sales in 2015 fell 1.1% from the previous year, marking the fifth time in the past eight years that electricity sales have fallen. The flattening of total electricity sales reflects declining sales in the industrial sector and little or no growth in sales to the residential and commercial building sectors, despite growth in the number of households and growth in commercial building space.
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