Energy Update
SINGAPORE/TOKYO, April 26 (Reuters) - One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world's top industrialised nations.
SYDNEY, April 27 (Reuters) - Australian stocks are set to open higher on Monday as firmer iron ore prices and a strong finish on Wall Street puts the market on track to test the 6,000 barrier. Australia's local stock index futures rose 0.4 percent to 5,962.0, a 28.7-point premium to the close of the underlying S&P/ASX 200 index on Friday. The benchmark jumped 1.5 percent in the last session to post its best performance in five weeks.
State-owned oil and gas firm Indian Oil (IOC) has commenced crude processing at its $5.2bn Paradip refinery in the state of Odisha, India.
Growing at a compounded annual growth rate (CAGR) of about 14%, petrochemicals industry in India may reach $100bn by 2020 from the current size of about $40bn, according to a recent study by apex industry body ASSOCHAM.
WASHINGTON, April 26 (Reuters) - U.S. Secretary of State John Kerry will meet with Iranian Foreign Minister Mohammad Javad Zarif on Monday in New York, a senior State Department official said on Sunday.
WASHINGTON, April 26 (Reuters) - U.S.
NEW YORK, April 26 (Reuters) - The average price of regular-grade gasoline in the United States rose about 5 percent in the past two weeks to $2.58 per gallon, according to the Lundberg survey released on Sunday.
NICOSIA, April 26 (Reuters) - A leftist moderate promising to push for a peace deal in ethnically-split Cyprus was leading the Turkish Cypriot presidential election runoff on Sunday, with more than 65 percent of votes counted.
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