Energy Update
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.
Seoul, Dec 28 (Reuters) - Oil prices edged down on Wednesday
in quiet early Asian trading as the market waits to see how OPEC
and non-OPEC members carry through on planned supply cuts in the
new year.
HAVANA, Dec 27 (Reuters) - Cuba's economy shrank 0.9 percent
this year in tandem with the crisis in key trading partner
Venezuela, President Raul Castro told the National Assembly on
Tuesday in a closed-door speech, predicting a slightly brighter
outlook for 2017.
BEIRUT, Dec 27 (Reuters) - The Syrian opposition's main
political body on Tuesday urged rebel groups to cooperate with
"sincere regional efforts" to reach a ceasefire but said it had
not been invited to any conference, referring to a meeting in
Kazakhstan proposed by Russia.
BEIRUT, Dec 27 (Reuters) - The Syrian opposition's main
political body on Tuesday urged rebel groups to cooperate with
"sincere regional efforts" to reach a ceasefire deal but that it
had not been invited to any conference, referring to a meeting
in Kazakhstan proposed by Russia.
SYDNEY, Dec 28 (Reuters) - Australian supermarket giant
Woolworths Ltd is selling its chain of petrol stations
to BP plc for A$1.8 billion ($1.29 billion) in cash,
Woolworths said in a statement on Wednesday.
SYDNEY, Dec 28 (Reuters) - Australian supermarket giant
Woolworths Ltd has sold its chain of petrol stations to
BP plc for A$1.8 billion ($1.29 billion) in cash, media
reported on Wednesday.
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.
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