Energy Update
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.
Jan 27 (Reuters) - Diversified manufacturer Honeywell
International Inc posted fourth-quarter revenue that was
roughly flat compared with a year earlier, while analysts were
expecting an increase, hurt by weakness in its aerospace and
energy businesses.
FORT BERTHOLD, North Dakota, Jan 27 (Reuters) - When the
U.S. oil boom hit North Dakota a decade ago, wells sprang up
quickly on the edges of the Fort Berthold Indian Reservation, an
expanse of prairie and rolling hills three times larger than Los
Angeles.
WASHINGTON, Jan 27 (Reuters) - As some Native American
tribes renew their push for more control over the natural
resources on their lands, they will also urge Congress and
President Donald Trump to prohibit state taxation of energy and
resource development on reservations.
STUTTGART, Jan 27 (Reuters) - German car parts maker Bosch
reported a slide in profits for 2016 as it invested in
the development of products for connected and electric vehicles.
BEIRUT, Jan 26 (Reuters) - Lebanon relaunched its first oil
and gas exploration and production licensing round after a
three-year delay, its energy minister said on Thursday,
kick-starting the development of a hydrocarbon industry stalled
by national political paralysis.
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