Energy Update
LAUNCESTON, Australia, Feb 1 (Reuters) - There is
fundamental justification for the strong start to 2017 for iron
ore prices, with imports by top buyer China remaining robust and
showing no signs of easing.
The wave of fourth-quarter 2016 earnings calls is just getting started, but tax reform already seems to be the topic du jour for oil and gas companies.
(Wed, 01 Feb 2017) In January 2017, Entergy Nuclear and the state of New York reached an agreement to retire the two nuclear reactors at the Indian Point Energy Center, located in Buchanan, New York, about 25 miles north of New York City. Indian Point is one of four nuclear power plants in New York state and accounts for about 12% of total electricity generated from all sources statewide.
MELBOURNE, Feb 1 (Reuters) - Equis Energy said on Wednesday
it plans to build two solar power plants for A$400 million ($303
million) in Australia, marking the Singapore-based renewable
energy developer's first investments in the country.
LONDON, Feb 1 (Reuters) - A sharp pick up in deal-making in
the oil and gas sector in recent weeks has scope to accelerate
as oil prices recover, advisory company EY said in a report.
WASHINGTON, Jan 31 (Reuters) - Republicans pressed ahead in
their deregulatory push on Tuesday, with the U.S. House of
Representatives Rules Committee officially adding a regulation
on methane and one intended to root out pay discrimination to
the list of rules the whole chamber will vote to kill on
Wednesday.
SAO PAULO, Jan 31 (Reuters) - Shareholders in Brazil's
state-controlled oil company Petroleo Brasileiro SA
approved on Tuesday the sale of Liquigas Distribuidora SA to a
unit of Ultrapar Participações SA for 2.57 billion
reais ($816 million), according to a securities filing.
Jan 31 (Reuters) - Magellan Midstream Partners on
Tuesday said about 1,100 barrels of diesel had spilled from one
of its refined products pipelines in Worth County, Iowa last
week, lower than its earlier estimates.
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