Energy Update
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.
Jan 31 (Reuters) - Oil and gas producer Anadarko Petroleum
Corp reported a bigger-than-expected quarterly loss on
Tuesday as cost cuts failed to offset the impact of weak oil
prices.
KIBERA, Kenya, Jan 31 (Thomson Reuters Foundation) -
Abdullahi Ibrahim's dream to set up a fruit-juice business has
so far been thwarted by water scarcity in Kenya's biggest slum,
Kibera.
Jan 31 (Reuters) - Oil and gas producer Anadarko Petroleum
Corp reported a smaller fourth-quarter loss than a year
ago, when it recorded one-time charges totaling $954 million.
SAO PAULO, Jan 31 (Reuters) - A Brazilian federal court
rejected an appeal by state-run oil firm Petrobras and upheld a
decision blocking the company's plan to sell a stake in fuel
distribution unit BR Distribuidora, according to a court
document seen by Reuters on Tuesday.
HOUSTON, Jan 31 (Reuters) - Security in Houston, America's fourth-largest city, is tight ahead of Sunday's Super Bowl 51, though officials have vowed to support peaceful demonstrations against President Donald Trump's executive order restricting entry to the United States for travelers from some Muslim-majority nations.
NEW YORK/HOUSTON, Jan 31 (Reuters) - U.S. East Coast
refiners are on a Brazilian crude buying spree, market sources
say, displacing West African cargoes as producers such as Royal
Dutch Shell and Norway's Statoil sell rising
output from fields off Brazil's coast.
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