Energy Update
CARACAS, Dec 11 (Reuters) - Venezuela, mired in an economic
crisis and facing the world's highest inflation, will pull its
largest bill, worth two U.S. cents on the black market, from
circulation this week ahead of introducing new higher-value
notes, President Nicolas Maduro said on Sunday.
WASHINGTON, Dec 11 (Reuters) - The central question facing
Exxon Mobil Corp Chief Executive Rex Tillerson if he
becomes U.S. secretary of state is whether a lifelong oil man
with close ties to Russia can pivot from advancing corporate
interests to serving the national interest.
Kenya and the World Bank are in talks about financing a $150 million solar-and-wind project in the country’s remote, off-grid northeastern region.
NEW YORK, Dec 11 (Reuters) - Rick Perry, who proposed
eliminating the U.S. Energy Department during his unsuccessful
bid for the 2012 Republican presidential nomination, has emerged
as a leading candidate to head the agency under President-elect
Donald Trump, a transition official said on Sunday.
AMMAN, Dec 11 (Reuters) - The governor of the Homs province
said on state television on Sunday that Islamic State had
captured the ancient city of Palmyra on Sunday and the army was
fighting to regain control.
DUBAI, Dec 11 (Reuters) - Stock markets in Saudi Arabia and
Qatar posted broad-based gains on Sunday after OPEC and non-OPEC
oil producers a day earlier reached their first deal since 2001
to curtail oil output jointly in a drive to prop up prices.
RIYADH, Dec 11 (Reuters) - British Foreign Secretary Boris
Johnson reiterated Britain's close ties to Saudi Arabia on a
visit on Sunday and said candour was also important, days after
making comments widely seen as critical of the conservative Gulf
Arab country.
RIYADH, Dec 11 (Reuters) - British Foreign Secretary Boris
Johnson reiterated Britain's close ties to Saudi Arabia on a
visit on Sunday and said candour was also important, days after
making comments widely seen as critical of the conservative Gulf
Arab country.
DOHA, Dec 11 (Reuters) - Ahmed, a Qatari civil servant, used
to arrive at his office at a government ministry in Doha late in
the morning and leave for home after lunch, collecting a monthly
salary of 40,000 rial ($11,000) and a generous housing and
travel allowance.
SEOUL, Dec 11 (Reuters) - Heavily indebted South Korean
shipper Hyundai Merchant Marine Co Ltd (HMM) said on Sunday it
has agreed with the 2M shipping alliance to form a cooperative
relationship that falls short of full-fledged membership.
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