Energy Update
SINGAPORE, Jan 31 (Reuters) - Brent crude oil prices fell
around 5 percent from their early January peak as rising U.S.
drilling activity offset efforts by OPEC and other producers to
cut output in an effort to prop up the market.
Jan 30 (Reuters) - A jury was selected in Washington state
on Monday in the first trial over a coordinated protest that
disrupted the flow of millions of barrels of crude oil into the
United States, a proceeding activists hope will serve as a
referendum on climate change.
WASHINGTON, Jan 30 (Reuters) - Two senior U.S. lawmakers
unveiled legislative plans on Monday to scrap a rule devised
under the 2010 Dodd-Frank financial reform law requiring
publicly-traded mining, oil and gas companies to disclose
payments they make to foreign governments.
WASHINGTON, Jan 30 (Reuters) - Two senior U.S. lawmakers
unveiled legislative plans on Monday to scrap a rule devised
under the 2010 Dodd-Frank financial reform law requiring
publicly-traded mining, oil and gas companies to disclose
payments they make to foreign governments.
NEW YORK, Jan 30 (Reuters) - Commodities brokerage OTC
Global Holdings (OTCGH) said on Monday it had opened a new
office in Singapore as it seeks to expand its market share in
the Asian market, a growing part of the global commodity trade.
MELBOURNE, Jan 31 (Reuters) - Origin Energy,
Australia's top energy retailer, reported a 27 percent rise in
gas revenue in the December quarter on the previous quarter,
thanks to higher prices and the ramp-up of output at the
Australia Pacific liquefied natural gas project (APLNG).
PARIS, Jan 30 (Reuters) - A strike by electricity and gas
sector workers in France has cut nuclear and hydro power
production by nearly 4 gigawatt, French grid operator RTE and
utility EDF said on Monday.
TORONTO, Jan 30 (Reuters) - Canada's main stock index fell
more than 1 percent to a nearly two-week low on Monday, with
losses broad based after a travel curb ordered by U.S. President
Donald Trump triggered a rethink by investors of U.S. political
risk.
WASHINGTON, Jan 30 (Reuters) - House Republicans on Monday
began the process of killing five Obama-era rules on corruption,
the environment, labor and guns under the first real test of the
Congressional Review Act, a law intended to keep regulation in
check.
CARACAS, Jan 30 (Reuters) - PDVSA's new senior executive
line-up includes a Venezuelan navy rear-admiral, Hugo Chavez's
former Twitter manager and a leader of the late leftist
president's failed 1992 coup.
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