Energy Update
CARACAS, Dec 8 (Reuters) - - Venezuelan President Nicolas
Maduro said on Thursday he had agreed with Iran to call for a
summit of heads of state from OPEC and non-OPEC countries in the
first quarter of next year to decide on strategy for the oil
market.
TOKYO, Dec 9 (Reuters) - Oil prices extended gains on
Friday, buoyed by growing optimism that non-OPEC producers might
agree to cut output following a cartel agreement to limit
production.
NEW YORK, Dec 8 (Reuters) - VelocityShares said on Thursday
it was launching two new exchange-traded notes as an
"alternative" to a pair of popular products used to bet on oil
prices that are being delisted this week.
NEW YORK, Dec 8 (Reuters) - Saudi Arabia is informing its
customers of cuts to their January crude oil supplies to comply
with the latest OPEC agreement, according to a PIRA note late on
Thursday.
NEW YORK, Dec 8 (Reuters) - VelocityShares said on
Thursday it was launching two new exchange-traded notes as an
"alternative" to a pair of popular products used to bet on oil
prices that will be delisted this week.
The solar and renewable energy industries are constantly evolving — and sometimes changing abruptly – and this will continue in the new year that is soon upon us. Here’s what can we expect from 2017:
* European car industry: http://tmsnrt.rs/2fyO3za
CALGARY, Alberta, Dec 8 (Reuters) - Canadian oil producer
Cenovus Energy Inc said on Thursday it planned
to increase its 2017 capital budget by about 24 percent and will
resume work on the expansion of its oil sands project in
Christina Lake.
WASHINGTON, Dec 8 (Reuters) - A group of 12 Republican and
15 Democratic U.S. senators signed a letter sent to
President-elect Donald Trump on Thursday urging him to take a
tough line against Russia over what they termed its "military
land grab" in Ukraine.
Dec 8 (Reuters) - Abdalla Salem El-Badri, who stepped aside
as OPEC Secretary General in August, said Thursday at a
conference a crude oil production cut of about 600,000 barrels
per day from non-OPEC members is a "must".
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