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Ticket to ride: Energy outlooks and the few who benefit

If you’ve been involved in any conversations about energy in 2015, there’s very much a sense the industry is gritting its teeth and just trying to get through this period of sustained low prices.

New legislation affects U.S. Strategic Petroleum Reserve

(Wed, 09 Dec 2015) Two recently enacted laws authorize significant sales of crude oil from the Strategic Petroleum Reserve (SPR) over the next decade. The Bipartisan Budget Act authorizes the sale of 58 million barrels of SPR oil between FY 2018-2025 for deficit reduction purposes and an estimated 40-50 million barrels of oil in FY 2017-2020 for SPR modernization.

COLUMN-China's record fuel exports are bearish for oil markets: Russell

LAUNCESTON, Australia, Dec 9 (Reuters) - - It's tempting to view the growth in China's crude oil imports this year as mainly a result of increased strategic stockpiling, but that overlooks the rising importance of refined product exports.

Japan Nov average LNG spot arrival price at lowest since March 2014

TOKYO, Dec 9 (Reuters) - The price of liquefied natural gas (LNG) spot cargoes arriving in November in Japan, the world's biggest buyer, fell to its lowest since the Japanese government started publishing figures last year, official data released on Wednesday showed. The average price for cargoes arriving last month fell to $7.50 per million British thermal units (mmBtu), down from $7.90 per mmBtu in October and the lowest since March last year, the trade ministry said in a release.

China's Guanghui Energy signs preliminary LNG deal with Petronas

BEIJING, Dec 9 (Reuters) - China's LNG provider Guanghui Energy Co Ltd said it has agreed to import LNG from the Malaysia government-owned Petronas.

UPDATE 2-Brazil's Congress names impeachment panel stacked against Rousseff

* Veteran lawmaker in graft probe reportedly opts for plea (Adds details of Supreme Court proceedings)

Australia shares claw back early losses on energy bounce

SYDNEY/WELLINGTON, Dec 9 (Reuters) - Australian shares erased early losses on Wednesday after energy and mining stocks recovered lost ground, though investors remained wary of volatility in the commodity world.

RPT-Saudi Arabia shipping more Nov-Dec crude to Asia to meet robust demand

* Saudi raises supply to Asia by a few million barrels - source

Oil prices edge up amid ongoing commodity downturn

SINGAPORE, Dec 9 (Reuters) - Crude prices found at least temporary support early on Wednesday after the dollar weakened and China's commodity imports came out surprisingly strong, but oversupply means prices are expected to remain low for some time.

UPDATE 5-CP says willing to take Norfolk bid to shareholders

CHICAGO/MONTREAL/BOSTON, Dec 8 (Reuters) - Executives of Canadian Pacific Railway touted the benefits of the firm's proposed bid for U.S. railroad Norfolk Southern Corp during a call Tuesday with analysts, but made it clear they would court activist investors and shareholders to fight a proxy battle to complete the deal.

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