Energy Update
LAGOS, Dec 16 (Reuters) - Striking workers have shut down
U.S. oil major Exxon Mobil Corp's Nigeria headquarters
in Lagos after more than 100 employees were fired, a labour
union said on Friday.
Dec 16 (Reuters) - * Saudi Aramco told Asian refiners it
will suspend a supply flexibility clause - known as
operational/lifting tolerance - from January until further
notice - sources.
Dec 16 (Reuters) - U.S. oilfield services firm Forbes Energy
Services Ltd is preparing to file for bankruptcy as
soon as this month, as it struggles with approximately $300
million in debt, people familiar with the matter said on Friday.
TORONTO, Dec 16 (Reuters) - Canada's main stock index rose
on Friday as higher oil prices helped heavyweight energy stocks
lead broad gains and gold miners recovered as the price of the
precious metal steadied.
WARSAW, Dec 16 (Reuters) - Poland could expand a consortium
of Polish companies bidding for French utility EDF's
power assets in the country, Polish Energy Minister Krzysztof
Tchorzewski said on Friday.
TOKYO, Dec 16 (Reuters) - Japan's trade ministry panel on
Friday agreed to set up a baseload power market to ensure equal
access to cheap power supplies for new power retail companies as
part of reforms to foster competition in the market.
Dec 16 (Reuters) - EDF Energy on Friday became
Britain's first big energy supplier to announce household winter
gas price cuts, breaking ranks with three rivals who have opted
to freeze prices instead.
TOKYO, Dec 16 (Reuters) - Novatek, Russia's second
biggest gas producer, said on Friday it had signed agreements
with Japan's Mitsui & Co, Mitsubishi Corp and
Marubeni Corp to cooperate in liquefied natural gas and
other energy sectors.
BEIJING, Dec 16 (Reuters) - Mixed-ownership reform is where
China's state-owned enterprises (SOE) can make breakthroughs on
reforms, a top level economic work conference said, as reported
by the official Xinhua news agency on Friday.
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