Energy Update
Dec 14 (Reuters) - Oil major Exxon Mobil Corp said
on Wednesday that President Darren Woods would become chief
executive and chairman in January after the retirement of Rex
Tillerson, who is U.S. President-elect Donald Trump's pick for
secretary of state.
Dec 14 (Reuters) - Oil major Exxon Mobil Corp said
Chief Executive Rex Tillerson, who is U.S. President-elect
Donald Trump's pick for Secretary Of State, would retire at the
end of the year.
TRIPOLI, Dec 14 (Reuters) - Protesters blockading pipelines
to Libya's Sharara and El Feel oil fields have promised to
reopen them and production could restart in the coming days,
security officials and an oil industry source said on Wednesday.
BUENOS AIRES, Dec 14 (Reuters) - A World Bank tribunal
ordered Venezuela to pay steelmaker Tenaris SA $162
million for expropriating two investments in the country,
according to a statement published by the Buenos Aires stock
exchange on Wednesday.
TRIPOLI, Dec 14 (Reuters) - Protesters blockading pipelines
to Libya's Sharara and El Feel oil fields have promised to
reopen them and production could restart in the coming days,
security officials and an oil source said on Wednesday.
TBILISI, Dec 14 (Reuters) - Georgia expects state revenues
and spending to rise next year amid tax reform and forecasts 4
percent economic growth in the budget passed by the parliament
on Wednesday.
WASHINGTON, Dec 14 (Reuters) - President-elect Donald Trump
on Wednesday named former Texas Governor Rick Perry to head the
U.S. Department of Energy, handing the job to a climate change
skeptic with close ties to the oil industry who once proposed
abolishing the department.
LONDON, Dec 14 (Reuters) - UK prosecutors have closed a
17-month investigation into alleged bribery and corruption at
Soma Oil & Gas, a private UK exploration company seeking oil in
Somalia, despite finding "reasonable grounds" to suspect
wrongdoing.
A consortium of banks has agreed to finance about Rs 1.60 billion (US$23.7 million) for the 10-MW Langtang Khola hydropower project on the Langtang River located in the Rasuwa district in the Himalaya region of Nepal.
LONDON, Dec 14 (Reuters) - UK prosecutors have closed a
17-month investigation into alleged bribery and corruption at
Soma Oil & Gas, a private UK exploration company seeking oil in
Somalia, despite finding "reasonable grounds" to suspect
wrongdoing.
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