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MOSCOW, Dec 27 (Reuters) - Russia's Gazprom said on Tuesday
it had filed proposals with the European Commission aimed at
resolving a five-year EU case over the Russian gas giant's
alleged monopoly practices.

CARACAS, Dec 27 (Reuters) - Venezuela said on Tuesday it
will cut 95,000 barrels per day of oil production in the New
Year in fulfillment of a producers' deal to reduce global output
and strengthen prices.

MEXICO CITY, Dec 27 (Reuters) - Mexican gasoline prices will
rise by as much as 20.1 percent next month compared to the
highest recorded prices in December, the government said on
Tuesday, as part of a program to end years of government-set
prices at the pump.

BAGHDAD, Dec 27 (Reuters) - Iraqi Prime Minister Haider
al-Abadi said on Tuesday it would take three months to rout
Islamic State, as U.S.-backed forces battle to dislodge the
militants from their city stronghold of Mosul.

MAIDUGURI, Nigeria, Dec 27 (Reuters) - More than 3,000
people in northeast Nigeria who were forced to flee the
seven-year insurgency waged by Islamist militants have returned
to their hometown following the reopening of major roads in the
area, the army said on Tuesday.

CARACAS, Dec 27 (Reuters) - Venezuela said on Tuesday it
will cut 95,000 barrels-per-day of oil production in the New
Year in fulfilment of a producers' deal to reduce global output
and strengthen prices.

MUMBAI, Dec 27 (Reuters) - Tata Sons on Tuesday accused its
former chairman Cyrus Mistry of breaching confidentiality rules
and said it would take legal action against him, intensifying a
battle between the conglomerate and the top executive it sacked
in October.

MOSCOW, Dec 27 (Reuters) - Russian oil producer Gazprom Neft
said on Tuesday it planned to increase oil production
by 4.5-5 percent next year, less than it had intended before
Russia joined a deal to cut global production with OPEC.

Qatargas has announced the start-up of commercial operations at Laffan Refinery 2, marking the expansion of its refining capacity in Qatar.

MUMBAI, Dec 27 (Reuters) - Tata Sons on Tuesday filed a
legal notice against Cyrus Mistry, accusing the former chairman
of the Tata conglomerate of breaching confidentiality rules,
according to a letter from Tata Sons' law firm seen by Reuters.

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