Energy Update
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.
LONDON, March 13 (Reuters) - Trading house Noble Group is under no pressure from banks to sell assets and is not planning further divestments as it negotiates more than $4 billion of new and refinanced loans with lenders, a senior source close to the process said.
BRASILIA, March 13 (Reuters) - Brazilian prosecutors late on Saturday accused executives from construction conglomerate Odebrecht and state-run oil company Petrobras of misconduct and demanded they pay 7.3 billion reais ($2 billion) in damages.
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