Energy Update
NEW YORK, March 2 (Reuters) - Warren Buffett, Berkshire Hathaway's billionaire chief executive officer, told CNBC on Monday that the company had sold its entire stake in Exxon Mobil Corp because it could use the money in both an acquisition and stock purchases.
WARSAW, March 2 (Reuters) - Polish coal producer Kompania Weglowa is to cut costs, boost output and strengthen its finances as part of a government restructuring plan to help the company produce a core profit of 2 billion zlotys ($540.42 million) in 2017.
Last week there was a Fast Food industry fly-in to DC — arguing for a repeal of the Renewable Fuel Standard on the grounds of food price impact. Politico reports:
China’s polysilicon imports via ports in Shandong province amounted to 2,883 tons for the first 11 months of 2014, an increase of 73.6 percent over the same period of 2013, according to data from Jinan Customs. These imports were valued at 440 million yuan (approx. US$70.4 million), up 89 percent from a year earlier, while the average import price was 154.7 yuan (approx. US$24.8) per kilogram, up 8.8 percent.
MOSCOW, March 2 (Reuters) - Russia's second biggest gas producer, Novatek, expects 2015 capital expenditure to fall 15 percent to 50 billion roubles ($802 million), Chief Financial Officer Mark Gyetvay said on Monday.
MOSCOW, March 2 (Reuters) - Yamal LNG, a project to produce 16.5 million tonnes of liquefied natural gas per year, is proceeding without delays, Mark Gyetvay, chief financial officer of Russia's No.
BENGHAZI, Libya, March 2 (Reuters) - Former Libyan general Khalifa Haftar was appointed as army commander for the country's internationally recognised government on Monday in a decision that may complicate U.N. talks to end fighting in Libya.
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