Energy Update
DAVOS, Switzerland, Jan 18 (Reuters) - Iran and Saudi Arabia
should be able to work together to help end conflicts in Syria
and Yemen, after successfully cooperating over Lebanon last
year, Iran's foreign minister said.
LONDON, Jan 18 (Reuters) - OPEC signalled a falling oil
supply surplus in 2017 on Wednesday as the producer group's
output declines from a record high and outside producers show
positive initial signs of complying with the first joint
supply-reduction deal since 2001.
WASHINGTON, Jan 18 (Reuters) - Oklahoma Attorney General
Scott Pruitt, President-elect Donald Trump's choice to lead the
Environmental Protection Agency, will face tough questions from
lawmakers on Wednesday about his ties to the energy industry, in
what is expected to be another highly contentious confirmation
hearing for Trump's Cabinet-in-waiting.
PARIS, Jan 18 (Reuters) - France's interior minister
described Wednesday's deadly car bomb explosion at an army camp
in Gao, northern Mali, as a "major and highly symbolic attack"
in an area visited days ago by French President Francois
Hollande.
KIEV/MILAN, Jan 18 (Reuters) - A power blackout in Ukraine's
capital Kiev last month was caused by a cyber attack and
investigators are trying to trace other potentially infected
computers and establish the source of the breach, utility
Ukrenergo told Reuters in emailed comments on Wednesday.
NAIROBI, Jan 18 (Reuters) - Africa's biggest wind power
scheme, the Lake Turkana Wind Power project in Kenya, should be
fully connected to the national electricity grid and producing
power by the end of June, a director at the consortium building
the project said on Wednesday.
MILAN, Jan 18 (Reuters) - Russia's Rosneft has
sold its 12 percent stake in Italian refiner Saras for
1.53 euros a share, three market sources said on Wednesday,
raising around 175 million euros ($187 million).
FRANKFURT, Jan 18 (Reuters) - European prompt power prices
fell sharply early on Wednesday as thermal supply rose and
traders said cold weather was already factored in, while prices
on the forwards curve gained as the rest of the market adjusted
to recent high spot levels.
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