Energy Update
WASHINGTON, Dec 13 (Reuters) - President-elect Donald Trump
announced Exxon-Mobil Corp's Rex Tillerson as his choice for
secretary of state on Tuesday, praising the business leader as a
successful international dealmaker who has led a global
operation.
Fuel subsidies in Nigeria remain a thorny issue. State support for gasoline and diesel prices places a huge burden on the national finances.
WASHINGTON, Dec 13 (Reuters) - U.S. Republican
President-elect Donald Trump on Tuesday formally announced
Exxon-Mobil Corp chairman and CEO Rex Tillerson as his
nomination to serve as U.S. secretary of state.
System designers have more options today than ever before when architecting solar systems. While this may seem like a great advantage, these options necessitate an ever growing number of decision points in the design process.
Dec 13 (Reuters) - Event organiser UBM Plc said it
would buy Asian exhibitions company Allworld for $485 million in
cash, strengthening its position in Asia and providing an entry
into the Middle East.
Dec 13 (Reuters) - China's Sinopec Corp
is weighing a takeover of Gulf Keystone Petroleum
, an oil company focused on Iraqi Kurdistan, Bloomberg
reported on Tuesday.
DUBAI, Dec 13 (Reuters) - State-owned Qatar Petroleum said
on Tuesday that Qatar's oil production would fall from Jan. 1 in
line with last month's agreement for OPEC members to cut output.
MOSCOW, Dec 13 (Reuters) - Vagit Alekperov, the
long-standing chief executive and major shareholder of Russia's
No.2 oil producer Lukoil, said he had declined to sell
his stake in the company around three years ago and there were
no more such proposals.
LONDON, Dec 13 (Reuters) - Global oil demand will rise more
strongly than expected in 2016 and 2017, although it is too soon
to assess the impact of a joint cut in supply by the world's
largest producers, the International Energy Agency said on
Tuesday.
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