Energy Update
ALE has expanded its services in Australia to include the relocation of onshore oil and gas drilling rigs and associated equipment.
BEIJING, Oct 15 (Reuters) - A Hong Kong businessman involved in Sinopec's Angolan operations has been put under investigation just days after the oil giant's former chairman was subjected to a corruption probe, the financial magazine Caixin said, citing people with knowledge of the matter.
FRANKFURT, Oct 15 (Reuters) - A surcharge levied on German consumers to support renewable power will rise 3 percent next year, despite government efforts to scale back support for green power, a statement from the country's network operators (TSOs) showed on Thursday.
MELBOURNE, Oct 15 (Reuters) - An El Nino weather pattern that is expected to be the strongest in nearly 20 years looks set to hit copper mining over the coming months, but should boost production of bauxite, nickel ore and tin in 2016, industry sources said.
MADRID, Oct 15 (Reuters) - Spanish oil major Repsol said on Thursday it would sell assets worth 6.2 billion euros ($7.1 billion) and cut its exploration and production investments by around 40 percent by 2020 to pay back debt and protect its dividend.
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