Energy Update
Coal producers focused on the Chinese market are scratching their heads: ever since China started imposing restrictions on imports, suppliers have gone on a wild hunt for buyers.
WASHINGTON, March 27 (Reuters) - British Foreign Secretary Philip Hammond said on Friday that Saudi Arabia felt it necessary to intervene in Yemen to avoid Iranian-backed rebels taking over the country along its southern border.
BRAZZAVILLE, March 27 (Reuters) - The President of Congo Republic, Denis Sassou Nguesso, said on Friday he expected a referendum on a change to the constitution that would allow him to stand next year for a third term at the helm of the oil-producing nation.<
MILAN/LONDON, March 27 (Reuters) - Britain's available natural gas storage capacity will fall to its lowest level in almost a decade this summer, increasing the system's reliance on supply from the continent and the risk of price spikes next winter.
BENGHAZI, Libya, March 27 (Reuters) - Forces loyal to a rival Libyan government controlling the capital Tripoli have withdrawn from frontline bases near the country's biggest oil ports, a spokesman said on Friday, raising hopes the ports might soon be reopened.
March 27 (Reuters) - The number of rigs drilling for oil in the United States declined by 12 this week to 813, the smallest decline since December, oil services firm Baker Hughes said in its closely watched survey on Friday.
March 27 (Reuters) - The number of U.S.
SAO PAULO, March 27 (Reuters) - Brazilian police on Friday arrested the CEO of Grupo Galvão, the latest executive arrested in a corruption probe focused on state-run oil firm Petroleo Brasileiro SA.
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