Energy Update
OSLO, May 27 (Reuters) - Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday.
(Adds quote from forecaster Gerry Bell, details on last major hurricane and Superstorm Sandy) By David Adams May 27 (Reuters) - The Atlantic hurricane season will be less active than usual this year due to cooler seas and a strong El Niño effect, the U.S. government weather forecaster said on Wednesday.
There's an economic argument to be made for lifting US crude export restrictions, then there’s the argument that American oil could provide security to the US and its allies.
The UK is expecting a referendum by 2017 to decide whether there should be a British exit from the EU, but how would it impact the electricity and gas market?
MIAMI, May 27 (Reuters) - The Atlantic Ocean will see a below-average number of hurricanes this season due to cooler seas and a strong El Niño effect, the U.S.
ANKARA, May 27 (Reuters) - A major Turkish conglomerate has been suspended from state tenders, the government said on Wednesday, days after President Tayyip Erdogan accused its head of being a "coup lover" and described columnists for its media arm as charlatans.
HOUSTON, May 27 (Reuters) - The National Weather Service issued a new flash flood warning on Wednesday for Houston as the fourth most-populous U.S. city searched for bodies from deadly storms that turned neighborhoods into lakes.
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