Energy Update
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.
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.
KHOBAR, Saudi Arabia, Dec 18 (Reuters) - Saudi Aramco plans
to commission its wind turbine pilot project, the first in the
kingdom, next month, the state oil company said on Sunday, part
of nationwide plans to diversify energy supplies and to meet an
increase in demand.
CANNON BALL, N.D., Dec 18 (Reuters) - Two weeks after a
victory in their fight against the Dakota Access Pipeline, most
protesters have cleared out of the main protest camp in North
Dakota - but about 1,000 are still there, and plan to remain
through the winter.
CARACAS, Dec 17 (Reuters) - Venezuelan President Nicolas
Maduro suspended on Saturday the elimination of the country's
largest denomination bill, which had sparked cash shortages and
nationwide unrest, saying the measure would be postponed until
early January.
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