Energy Update
HOUSTON, Feb 25 (Reuters) - The largest U.S. refinery strike since 1980 continued through its 25th day on Wednesday with no movement toward renewed talks to end a walkout by 6,550 union workers at 15 plants, including 12 refineries accounting for one-fifth of domestic capacity.
WASHINGTON, Feb 25 (Reuters) - A key U.S. Senate committee postponed a hearing planned for Thursday on trade and its chairman said talks were continuing on the final form of a bill to streamline the passage of trade deals through Congress.
BRASILIA, Feb 25 (Reuters) - Brazil has no plans to pump new capital into Petrobras, even after a debt-rating downgrade by Moody's Investors Service threatens to limit the cash-strapped oil company's access to finance and raise its borrowing costs, two government officials told Reuters on Wednesday.
After the US National Ethanol Conference, the industry sets its eye on exporting and timing production maintenance to make some use of thin margins.
This analysis, updated weekly, includes stories evaluating the Light Houston Sweet crude oil market and the factors contributing to its price movements.
BRASILIA, Feb 25 (Reuters) - Brazil's top prosecutor is expected to file charges in coming days against politicians implicated in the Petrobras corruption scandal, a political bombshell that could involve members of Congress and President Dilma Rousseff's government.
The European Commission has unveiled “A Framework Strategy for a Resilient Energy Union with a Forward-Looking Climate Change Policy,” which is a key plank in the development of its plans for Europe’s energy sector through 2030.
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