Energy Update
Aug 5 (Reuters) - U.S.
LONDON/ABUJA, Aug 5 (Reuters) - The Nigerian president's sudden, unexpected and seemingly unilateral decision to ban nearly 100 oil tankers from the country's waters has sown confusion in the operations of Africa's largest crude exporter.
DUBAI, Aug 5 (Reuters) - Iranian President Hassan Rouhani has accepted an invitation to visit Rome, Italy's foreign ministry said on Wednesday, in what would be his first trip to an EU capital as he tries to mend diplomatic and economic ties with the West.
In a new pilot program, a California utility is paying drivers of BMW electric cars to delay charging their vehicles when the power grid is under pressure.
One hundred owners of BMW AG’s i3 hatchback receive $1,000 upfront to participate in Pacific Gas & Electric Co.’s 18-month trial, which starts this week and is confined to the San Francisco Bay Area. Peter Berman, a 70-year-old, semi-retired Los Altos psychologist, was selected from about 400 applicants.
OSLO, Aug 5 (Reuters) - Swedish oil and gas firm Lundin Petroleum missed second-quarter core earnings forecasts, hit by lower than expected production, and cut its average daily output estimate for this year.
TOKYO, Aug 5 (Reuters) - Japanese Prime Minister Shinzo Abe asked U.S.
There is little doubt that additional crude supplies from Iran will intensify competition among Middle Eastern producers.
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