Energy Update
Aug 10 (Reuters) - Ammonia maker CVR Partners LP said on Monday it would acquire nitrogen fertilizer producer Rentech Nitrogen Partners LP for about $533 million, excluding debt and Rentech's Pasadena plant.
MOSCOW, Aug 10 (Reuters) - Russia's largest gas producer Gazprom beat expectations with a 71 percent jump in first-quarter net profit after weakness in the rouble more than compensated for a drop in sales volumes to Europe.
BEIRUT/WASHINGTON, Aug 9 (Reuters) - Dozens of companies tied to Iran's elite Revolutionary Guards, a military force commanding a powerful industrial empire with huge political influence, will win sanctions relief under a nuclear deal agreed with world powers.
SEOUL, Aug 10 (Reuters) - The deadline for the next round of bids for Tesco PLC's South Korean business has been extended to Aug. 24 from Aug.
WASHINGTON, Aug 9 (Reuters) - In her 2008 bid for the White House, Hillary Clinton cast herself as a blue-collar Democrat who was unabashedly pro-coal, a stance that helped her beat opponent Barack Obama easily in primaries in states that produced or were reliant on coal.
In the Northern Hemisphere, summer is in full force, and luckily for us, news is also heating up in the world of oil.
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