Energy Update
BNEGHAZI, Libya, Dec 7 (Reuters) - Clashes broke out on
Wednesday near the Libyan town of Ben Jawad, west of some of
Libya's major oil ports, a spokesman for a force that guards the
ports said.
ABU DHABI, Dec 7 (Reuters) - OPEC's deal to cut oil
production will go ahead even if Russia becomes the only
non-OPEC country to commit to reduce output at a meeting this
week, Nigeria said on Wednesday, while the UAE voiced optimism
that other producers would participate.
TOKYO, Dec 7 (Reuters) - State-run Japan Oil, Gas and Metals
National Corp (JOGMEC) said it signed a contract with the
world's top exporter Saudi Aramco on Wednesday to extend a crude
oil storage deal on the island of Okinawa by three years.
LONDON, Dec 7 (Reuters) - British Prime Minister Theresa May
said on Wednesday she would deepen defence cooperation with Gulf
countries and work with them to push back "against Iran's
aggressive regional actions".
Dec 7 (Reuters) - Hong Kong stocks rose for the second day
on Wednesday, lifted by energy and raw materials sectors, but
trading was thin as investors were cautious ahead of the
European Central Bank's policy meeting on Thursday.
Dec 7 (Reuters) - Carillion Plc, a British building
support services company, said the pace of new order intake had
slowed in the second half of the year, partly due to a spending
delay by the government following Britain's vote to leave the
European Union.
ATYRAU, Kazakhstan, Dec 7 (Reuters) - Kazakhstan's giant
offshore Kashagan field is expected to produce 8.9 million
tonnes of oil in 2017 (about 192,000 barrels per day), Kazakh
Energy Minister Kanat Bozumbayev told Reuters on Wednesday.
Dec 7 (Reuters) - Carillion Plc, a building support
services company, said the pace of new order intake had slowed
in the second half of the year, partly due to a spending delay
by the government following Britain's vote to quit the European
Union.
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