Energy Update
BRASILIA, March 18 (Reuters) - Brazilian President Dilma Rousseff launched an anti-corruption offensive on Wednesday to counter rising discontent over a kickback scandal engulfing state-run oil company Petrobras that has implicated her allies and undermined her popularity.
MOSCOW, March 18 (Reuters) - President Vladimir Putin will meet on Thursday with a close aide to Chinese President Xi Jinping, the Kremlin said on Wednesday, underlining Russia's increased effort to establish closer ties with Beijing as its relations with the West have deteriorated.
Coming on the heels of Demand Energy’s announcement that it is installing 1 MW of energy storage capacity in a series of Glenwood residential apartment buildings in New York City, a report released today concludes that the distributed energy storage market will increase almost 10-fold over the next three years.
BRASILIA/ZURICH, March 18 (Reuters) - Swiss prosecutors have uncovered over 300 accounts at more than 30 Swiss banks that they suspect are linked to the massive corruption and money-laundering scandal at Brazil's state-run oil company Petroleo Brasileiro SA.
LONDON, March 18 (Reuters) - Britain's top share index rallied on Wednesday as oil shares and financial companies drew a boost from changes announced as part of the UK government's new budget.
BOGOTA, March 18 (Reuters) - Colombia expects income from the oil sector to fall 60 percent this year because of the sharp drop in crude prices, while the industry believes an alarming slowdown in exploration jeopardizes the sector's future, officials said on Wednesday.
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