Energy Update
SINGAPORE, April 29 (Reuters) - Vietnamese diesel imports from Singapore jumped almost four-fold in the January to April period, compared with the corresponding period of 2014, as a new trade deal with the Association of Southeast Asian Nations (ASEAN) redraws oil flows.
HELSINKI, April 29 (Reuters) - Finnish utility Fortum on Wednesday reported better than expected first-quarter profit as a new plant in Russia helped offset the impact of low energy prices in the Nordic region.
* Family tree graphic: http://graphics.thomsonreuters.com/RNGS/2012/NOV/SAROYALS_GC.jpg
COPENHAGEN, April 29 (Reuters) - Aker Solutions posted first-quarter earnings far below expectations on Wednesday as the Norwegian oil services firm continued to struggle with a sluggish oil industry coping with low oil prices.
BANGKOK, April 29 (Reuters) - Southeast Asian stock markets extended losses on Wednesday, with Indonesian large caps underperforming, as the Federal Open Market Committee wraps up its two-day meeting later in the day. However, Thai banks regained early lost ground before an interest rate decision.
Like the green shoots of spring, the mill price increases are small. But poking up from the barren landscape of the past few months, they are being seen as welcome relief by sheet producers and distributors alike.
(Wed, 29 Apr 2015) U.S. energy consumption has slowed recently and is not anticipated to return to growth levels seen in the second half of the 20th century. EIA's Reference case projections in the Annual Energy Outlook 2015 show that domestic consumption is expected to grow 0.3% per year through 2040, less than half the rate of population growth.
(Wed, 29 Apr 2015) South Africa has a large energy-intensive coal mining industry. The country has the world's ninth-largest amount of recoverable coal reserves and holds 95% of Africa's total coal reserves. South Africa exports more than 25% of its coal production, domestically consuming the remainder particularly in its electricity sector. Most of South Africa?s coal exports are sent to Asia, with India being the largest recipient.
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