Energy Update
LONDON, Feb 25 (Reuters) - According to the U.S. government, there are over 1.3 billion barrels of crude oil and refined products in commercial storage around the United States, an increase of more than 300 million barrels in the last two years.
By Scott DiSavino NEW YORK, Feb 25 (Reuters) - U.S. natural gas futures on Wednesday dove to within cents of their lowest level since 1999 as shale drillers pumped record amounts of the fuel and winter heating demand wilted under the warming effect of the El Nino weather pattern. Gas stockpiles are near record levels as homes and businesses haven't had much of a reason to keep heaters burning in recent months. A similar scenario is playing out in world oil markets where U.S. and Bren
SOFIA, Feb 25 (Reuters) - Bulgaria's anti-monopoly watchdog has launched an investigation into the country's only oil refinery and seven fuel retailers over possible cartel agreements to fix prices of petrol and diesel fuels, it said on Thursday.
Members of the U.S. House and Senate, largely from the Republican side of the aisle, have told the U.S. Court of Appeals for the D.C. Circuit that the U.S. Environmental Protection Agency's Clean Power Plan, published in final form last October, is illegal and should be struck down.
ACCRA, Feb 25 (Reuters) - Ghana's government will not repeat mistakes made during the last election and will maintain strict fiscal discipline ahead of the 2016 vote, President John Mahama told parliament in an annual State of the Nation address on Thursday.
BRATISLAVA, Feb 25 (Reuters) - Slovakia's economy ministry said on Thursday it had signed a memorandum of understanding for U.S. energy firm Theta Energy to potentially invest $600-800 million to modernise the Vojany power station in the east of the country.
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