Energy Update
TORONTO, Jan 27 (Reuters) - Canada's main stock index
slipped on Friday as some heavyweight natural resource stocks
weighed, while electronics manufacturer Celestica Inc
jumped to a 12-year high.
OTTAWA, Jan 27 (Reuters) - A review of TransCanada Corp's
proposed Energy East pipeline will start again from the
beginning, Canada's energy regulator said on Friday, a move that
could delay the project by several years.
ALGIERS, Jan 27 (Reuters) - Algeria expects to increase
exports of natural gas in 2017 as it looks to build on its top
spot in sales to Spain last year and strong sales to Italy and
Portugal, a source at state energy firm Sonatrach said.
OTTAWA, Jan 27 (Reuters) - Canada's energy regulator on
Friday scrapped a partially completed hearing into TransCanada
Corp's proposed Energy East pipeline and said the
process would start again from the beginning.
ATHENS, Jan 27 (Reuters) - Greek 10-year bond yields shot up
and stocks tumbled on Friday, a day after euro zone finance
ministers acknowledged the country's fiscal progress but failed
to break an impasse with the International Monetary Fund over
its future bailout targets.
DUBAI/KHOBAR, Saudi Arabia/LONDON, Jan 27 (Reuters) - The
first independent audit of Saudi Aramco's oil
reserves has confirmed the state oil company's own figures,
sources familiar with the situation said, ahead of its planned
share market listing next year.
The U.S. Department of Agriculture’s (USDA) National Institute of Food and Agriculture in February will issue a request for applications for funding of biomass research and development.
ExxonMobil will continue its ongoing research into advanced algae biofuels through an agreement with California-based Synthetic Genomics Inc.
JUBA, Jan 27 (Reuters) - South Sudan plans to more than
double oil production to 290,000 barrels per day (bpd) in fiscal
2017/2018, the finance minister said on Friday, indicating a
target higher than the level recorded shortly before conflict
erupted in late 2013.
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