Energy Update
LIMA, Feb 2 (Reuters) - Peru plans to lower the royalty payments it receives from oil companies by July in order to help them survive the oil price crisis and might allow some to postpone part of their payments, the country's energy agency, Perupetro, said on Tuesday.
UK oil major BP has announced plans to cut 3,000 more jobs as a result of reduced earnings in 2015 due to slump in oil price.
Jacobs Engineering Group has received a contract to perform a pre-final investment decision (Pre-FID) study for the onshore gas treatment plant of the Baltic Gas project located in the Polish sector of the Baltic Sea.
Researchers from the USC University of Southern California found a way to directly convert carbon dioxide (CO2) from air into methanol fuel.
NEW YORK, Feb 2 (Reuters) - A U.S.
NEW YORK, Feb 2 (Reuters) - A U.S. judge ordered Petrobras , the state-run Brazilian oil company, to face class-action litigation by investors seeking to recoup billions of dollars in losses stemming from a bribery and political kickback scandal.
NEW YORK, Feb 2 (Reuters) - A U.S. judge on Tuesday cleared the way for investors to sue Brazil's state-run oil company Petrobras as a group in litigation over billions of dollars in losses stemming from a bribery and political kickback scandal.
* U.S. Treasury yields fall to 9-month lows (Updates with close of U.S.
Rentricity Inc. reports it has begun work on installation of its first micro-hydro in-pipe projects, in Colorado and Utah.
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