Energy Update
LONDON, Jan 30 (Reuters) - Efforts to stem the world's
surplus of crude oil have thus far only moderately balanced the
market - but have turned typically lower-quality crude into the
most sought after barrels.
By Devika Krishna Kumar and Ross Kerber
NEW YORK/BOSTON, Jan 30 (Reuters) - Most U.S. corporate
bosses have stayed silent on President Donald Trump's
immigration curbs, underscoring the sensitivities around
opposing policies that could provoke a backlash from the White
House.
While the leaders of Apple Inc, Google
and Facebook Inc emailed their staff to denounce the
suspension of the U.S. refugee program and the halting of
(Mon, 30 Jan 2017) The electricity industry is planning to increase natural gas-fired generating capacity by 11.2 gigawatts (GW) in 2017 and 25.4 GW in 2018, based on information reported to EIA. If these plants come online as planned, annual net additions in natural gas capacity would be at their highest levels since 2005.
RIO DE JANEIRO, Jan 29 (Reuters) - Former billionaire Eike
Batista, once Brazil's richest man, is scheduled to arrive in
Rio de Janeiro early on Monday, where he is wanted by police in
connection with charges including an alleged bribe of about $16
million to a former governor.
RIO DE JANEIRO, Jan 29 (Reuters) - Former billionaire Eike
Batista, once Brazil's richest man, is expected to arrive in Rio
de Janeiro on Monday, where he is wanted by police in connection
with charges including an alleged bribe of about $16 million to
a former governor.
BEIRUT, Jan 30 (Reuters) - U.S. President Donald Trump and
Saudi King Salman spoke for over an hour by telephone on Sunday,
agreeing to step up counter-terrorism and military cooperation
and enhance economic relations, a senior Saudi source said.
CARACAS, Jan 29 (Reuters) - Venezuela's president on Sunday
created an executive vice president post and named new vice
presidents to lead PDVSA in what he described as a shake-up of
the state oil company and an effort to root out corruption in
the OPEC nation's principal industry.
RIO DE JANEIRO, Jan 29 (Reuters) - Brazil's national
development bank in a statement on Sunday said it would no
longer vote on a government committee established to ensure
local content in contracts for oil and gas.
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