Energy Update
MOSCOW, Dec 27 (Reuters) - Russia's second biggest oil
producer Lukoil has appointed a new vice-president for
sales and supplies after state-owned rival Rosneft
clinched several major deals at its expense, three sources told
Reuters.
TOKYO, Dec 27 (Reuters) - U.S. oil prices extended gains on
Tuesday in post-Christmas trading, as OPEC and non-OPEC members
are set to start curbing output in less than a week to support
oil prices.
Dec 27 (Reuters) - Electronics giant Toshiba Corp
expects to report a one-off loss of about 100 billion yen ($850
million) on a U.S. nuclear power acquisition made by its
Westinghouse operation last year, the Nikkei business daily
reported.
DUBAI, Dec 26 (Reuters) - The Saudi Arabian stock market's
post-budget rally ran out of steam on Monday as the index neared
technical resistance, while United Arab Emirates bourses
outperformed the region.
BENGHAZI, Libya, Dec 26 (Reuters) - Forces loyal to Libya's
eastern government said they had carried out an air strike
against opponents in the central Jufra region on Monday.
BEIJING, Dec 26 (Reuters) - Industrial and Commercial Bank
of China (ICBC) has signed three
debt-for-equity swaps with Shanxi province's highly indebted
state-owned coal and steel firms, the bank said late on Monday.
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