Energy Update
WASHINGTON, Dec 20 (Reuters) - U.S. President Barack Obama
on Tuesday permanently banned new oil and gas drilling in
federal waters in the Atlantic and Arctic Oceans, in one of his
last environmental pushes before he leaves office next month.
SAO PAULO, Dec 20 (Reuters) - The Brazilian construction
firm Odebrecht and petrochemical company Braskem have agreed to
pay the U.S. and Swiss governments 700 million reais ($209
million) each to settle their roles in a sweeping corruption
case, the Folha de S.Paulo newspaper reported on Tuesday.
WASHINGTON, Dec 20 (Reuters) - The United States on Tuesday
blacklisted seven Russian businessmen and eight companies and
government enterprises over Russia's annexation of Crimea and
the conflict in Ukraine, the U.S. Treasury said in a statement.
TRIPOLI/TUNIS, Dec 20 (Reuters) - Libya's National Oil
Corporation said on Tuesday that pipelines leading from the
western fields of Sharara and El Feel had been reopened after a
two-year blockade, paving the way for a major boost to
production.
LONDON, Dec 20 (Reuters) - Weak La Nina conditions have
persisted over the Pacific Ocean in the final quarter of 2016
but are likely to fade during the first three months of 2017.
TRIPOLI, Dec 20 (Reuters) - Libya's National Oil Corporation
said on Tuesday that pipelines leading from the western fields
of Sharara and El Feel had been reopened after a two-year
blockade, paving the way for a major boost to production.
* Precious metals miners
OSLO, Dec 20 (Reuters) - Norwegian Prime Minister Erna
Solberg replaced the ministers for energy, EU affairs and
justice in her right-wing government on Tuesday in a reshuffle
nine months before the next general election.
PARIS, Dec 20 (Reuters) - French oil and gas major Total
said on Tuesday it will buy a 23 percent stake in
Tellurian Investments, a private U.S. gas projects operator, for
$207 million as it pursues its drive to secure more downstream
gas market share.
MOSCOW, Dec 20 (Reuters) - Russia will cut oil exports to
markets outside the former Soviet Union (FSU) by 0.7 percent in
January-March from the fourth quarter of 2016, pipeline company
Transneft said on Tuesday, as Moscow prepares to reduce output
as part of a global pact.
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