Energy Update
In March, work is expected to resume on the unfinished US$255 million 12-MW Tokwe-Mukosi hydroelectric facility, located in Masvingo, Zimbabwe, if the Zimbabwean government can raise $60 million needed to complete the facility’s dam and pay contractors.
Feb 8 (Reuters) - Noranda Aluminum Holding Corp, which smelts and refines aluminum and mines bauxite, filed for bankruptcy on Monday and joined a growing list of commodity-related businesses in Chapter 11.
WASHINGTON, Feb 8 (Reuters) - U.S. President Barack Obama and Italian President Sergio Mattarella met on Monday in the White House and discussed efforts to work together to combat the Islamic State in Libya.
Feb 8 (Reuters) - Natural gas producer Chesapeake Energy has tapped existing adviser Kirkland & Ellis to explore restructuring options, people familiar with the matter told Reuters.
Platts to publish new price reference for Dated Brent CIF Rotterdam from March 14, 2016. This new assessment will complement the existing Dated Brent FOB.
The board of directors at Sacramento Municipal Utility District has decided not to proceed with construction of the 400-MW Iowa Hill pumped-storage hydro project.
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