Energy Update
JAKARTA, Dec 19 (Reuters) - Indonesia's government is
drafting a regulation that could ease a looming export ban for
not only copper concentrates, but also partly processed or raw
nickel and bauxite, the Jakarta Post reported, citing a draft
regulation.
TOKYO, Dec 19 (Reuters) - Japan's Fair Trade Commission said
it would hold a news conference at 4 p.m. (0700 GMT) on Monday
regarding its decision on whether to approve Idemitsu Kosan Co's
planned takeover of rival refiner Showa Shell.
LONDON, Dec 16 (Reuters) - U.S. refiners are likely to see
stronger demand for middle distillates such as heating oil and
diesel in 2017 after two years of declining domestic
consumption.
SINGAPORE, Dec 19 (Reuters) - Oil prices inched up on Monday
in anticipation of tighter crude supply going into 2017
following the decision by OPEC and other producers to cut output
to prop up prices.
LA PAZ, Dec 18 (Reuters) - Bolivian President Evo Morales
said on Sunday he may run for a fourth consecutive term in
elections in 2019 despite losing a referendum in February that
would have reformed the country's constitution to allow him to
run again.
SemGroup and NGL Partners announced that its jointly owned venture, Glass Mountain Pipeline will construct a 44-mile pipeline extension of the Glass Mountain Pipeline system in Oklahoma.
CARACAS, Dec 18 (Reuters) - Security forces have arrested
more than 300 people during protests and lootings over the
elimination of Venezuela's largest currency bill, President
Nicolas Maduro said on Sunday.
JAKARTA, Dec 16 (Reuters) - Chappy Hakim, a retired air
force chief who says he knows next to nothing about mining, now
heads Indonesia's biggest copper producer, entrusted to use his
connections to guide it through regulatory uncertainty to a
renewed contract for its mine.
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