Energy Update
Molybdenum oxide prices firmed February 23, although trading volumes were lower than expected after the flurry of inquiries and interest seen at the end of last week.
HOUSTON, Feb 24 (Reuters) - The largest U.S. refinery strike in 35 years could spread if talks over improved safety conditions do not resume soon, United Steelworkers union (USW) International President Leo Gerard said on Tuesday.
Marathon Petroleum is planning to integrate its two refineries located in Texas, US, aimed at boosting diesel fuel output.
TORONTO, Feb 24 (Reuters) - Turquoise Hill Resources Ltd on Tuesday agreed to sell the remainder of its stake in SouthGobi Resources, in an attempt to finally sever ties with the Mongolian coal miner that was once worth over C$3 billion ($2.4 billion).
WILLISTON, N.D., Feb 24 (Reuters) - Continental Resources Inc posted a fourth-quarter profit well above Wall Street's expectations on Tuesday, as a one-time gain from the sale of crude hedges helped offset tumbling oil prices .
CARACAS, Feb 24 (Reuters) - About a dozen foreign energy companies in Venezuela have been authorized to exchange foreign currency at a new, more advantageous rate in bolivars in order to boost cash flow and speed up projects, a high-level PDVSA source said on Tuesday.
Feb 24 (Reuters) - U.S. solar company First Solar Inc on Tuesday reported sharply higher quarterly earnings in part due to the sale of a large California solar power plant to Southern Co.
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