Energy Update
SEOUL, June 16 (Reuters) - South Korea's nuclear operator said on Tuesday it had decided to permanently shutter its oldest nuclear reactor, the nearly 40-year-old Kori No. 1 unit, in line with a recommendation by a government-led advisory panel.
GRAPHIC: Power demand, supply: http://link.reuters.com/ceb94w
SINGAPORE, June 16 (Reuters) - Marine fuel prices are set to fall further after plunging to their lowest since late 2013, with traders in Singapore, the world's largest ship refuelling hub, saying they are looking to sell quickly in the face of a global supply glut.
--Clyde Russell is a Reuters columnist.
June 16 (Reuters) - APR Energy Plc said it expected its 2015 results to be significantly below market expectations, hurt by higher-than-anticipated costs of exiting from Libya and delayed negotiations on contracts it was pursuing.
RIO DE JANEIRO, June 15 (Reuters) - Brazil's state-run oil company Petrobras will likely delay details of major cuts to its $221 billion five-year spending plan until July, two sources said, when the government plans to announce a rescue program for the industry.
BEIJING, June 16 (Reuters) - A former senior executive at the state-run China Southern Power Grid has been arrested for suspected bribery, the state prosecutor said on Tuesday, the latest official to fall victim to the government's battle against graft.
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