Energy Update
Dec 9 (Reuters) - Chevron Corp plans to slash its budget by 24 percent next year, part of a revamped strategy to rein in spending and position the energy giant to be nimble as oil prices show little sign of rising in the near future.
Dec 9 (Reuters) - Chevron Corp said on Wednesday it would slash its budget by 24 percent next year as it aims to control spending after oil prices fell more than 50 percent in the past 18 months.
Dec 9 (Reuters) - French oilfield services company Technip is exploring a sale and has held talks with U.S.
BRASILIA, Dec 9 (Reuters) - Brazil's Supreme Court suspended impeachment proceedings against President Dilma Rousseff until it rules on the validity of a secret ballot that stacked a congressional committee with opponents seeking to oust the leftist leader.
SYDNEY, Dec 10 (Reuters) - Tesla Motors Inc on Thursday listed Australia's largest power and gas retailer Origin Energy as one of the distributors for its solar battery storage product which the company is launching globally in two other countries.
With the EU's controversial MiFid II financial rules tentatively due to come into effect in January 2017, what impact might the Directive have on the region's gas and power traders?
WASHINGTON, Dec 9 (Reuters) - The U.S. government is looking into reports that Iran conducted a ballistic missile test last month, White House spokesman Josh Earnest said on Wednesday.
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