Energy Update
MEXICO CITY, April 30 (Reuters) - Mexico's state-owned oil company Pemex posted its 10th consecutive quarterly loss in the first quarter, as it was hit hard by lower crude prices and higher financial expenses, the firm said on Thursday.
BRUSSELS, April 30 (Reuters) - The European Commission on Thursday called for a tougher U.N. Montreal Protocol to protect the ozone layer by curbing super greenhouse gases known as HFCs, that have a global warming potential thousands of times greater than carbon dioxide.
LONDON, April 30 (Reuters) - Britain's top equity index closed slightly higher after setting a three-week low on Thursday, with Royal Mail gaining on the prospect of lower competition and energy shares tracking a rise in oil prices.
April 30 (Reuters) - Russia has been notoriously brazen in using state-owned companies as instruments of national power. President Vladimir Putin's natural-gas wars with Belarus and Ukraine made headlines and sometimes left substantial parts of Europe in the cold. But Moscow's exploits in other energy-related areas have been less noticed.
April 30 (Reuters) - Beleaguered oil producer Afren Plc swung to a full-year loss, hurt by a $1.1 billion impairment charge due to a fall in oil prices and a $900 million write-off on its Barda Rash reserves in the Iraqi Kurdistan region.
WASHINGTON, April 30 (Reuters) - The leading voice for the refining sector on Thursday said it was not realistic for U.S.
LONDON, April 30 (Reuters) - Britain's top equity index steadied after setting a three-week low on Thursday, with gains recorded by firms like Royal Mail on the prospect of lower competition offsetting companies such as Royal Bank of Scotland.
The solar panel sector has become quite a turbulent place these days, riding high one day on reports of major new plant construction, only to stumble the next on signs of conflict and financial distress. This kind of conflicting news reflects the fact that the industry is still in the midst of a major overhaul that could ultimately see a few more c
Billionaire Elon Musk thinks he can pave the way to a better energy future by turning the mattress-shaped batteries in Tesla’s electric car into upright pillars so they can be used to power homes, businesses and even utilities.
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