Energy Update
MEXICO CITY, Dec 8 (Reuters) - Mexico's state-owned oil company, Pemex, has discovered two shallow-water oil deposits that will eventually produce 40,000 barrels a day, the company's top executive said on Tuesday.
HOUSTON, Dec 8 (Reuters) - Kinder Morgan Inc slashed its dividend 75 percent on Tuesday, marking the first time the U.S.
Dec 8 (Reuters) - The plunging price of crude oil is causing pain at every kind of U.S. mutual fund this year, humbling even the industry's best portfolio managers as their mistimed bets in the energy sector continue to cause losses for investors.
NEW YORK, Dec 8 (Reuters) - U.S. stocks closed lower in a choppy trading session on Tuesday as oil prices pressured energy stocks for a fifth day and weak Chinese trade data reignited fears of a global economic slowdown, pushing down materials stocks.
Dec 8 (Reuters) - A federal judge has ruled that former Enron Corp chief executive Jeffrey Skilling violated U.S. securities laws, finally closing the U.S. Securities and Exchange Commission's 11-year-old case involving the energy giant's 2001 collapse, the SEC said on Tuesday.
NEW YORK, Dec 8 (Thomson Reuters Foundation) - C limate-change opponents are better at spreading their point of view than those who see climate change as real and troublesome, according to a study underlining the challenge of rallying public support as world leaders meet in Paris to discuss the environmental threat.
PARIS, Dec 8 (Reuters) - French Foreign Minister Laurent Fabius said on Tuesday he hoped to secure a final climate deal among nearly 200 countries participating in a conference in Paris by a Friday deadline.
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