LONDON, Dec 5 (Reuters) - OPEC will meet non-OPEC countries
to finalise a global oil output-limiting pact on Dec. 10 in
Vienna, the first such meeting since 2002, OPEC's secretary
general said on Monday.
Egypt hopes OPEC’s move to cut oil output will actually breathe life into the moribund traffic in its Suez Canal and provide badly needed foreign currency.
MEXICO CITY, Dec 5 (Reuters) - A long-awaited auction of
Mexico's untapped deep water oil fields on Monday has been
fueled by a nearly $3 billion boom in geological data mapping
almost inaccessible deposits to open up what the industry sees
as the world's "last great proven frontier."
MELBOURNE, Dec 5 (Reuters) - India's Adani Enterprises Ltd
reached a milestone on Monday in its bid to build a
controversial $16 billion coal project in northern Australia,
winning approval for part of a rail link to service the planned
mine.
TOKYO, Dec 5 (Reuters) - Japan's Mizuho Bank and Sumitomo
Mitsui Banking Corp are working on a deal to provide 800 million
euros ($845 million) in loans to Russian gas giant Gazprom,
sources familiar with the matter said on Monday.
HOUSTON, Dec 5 (Reuters) - The U.S. Army's denial of an
easement for the Dakota Access Pipeline, after permitting and
legal obligations were followed, sets an uncertain precedent for
new projects despite President-elect Donald Trump's promise to
support energy infrastructure.
* Graphic on North Korea's coal exports: http://tmsnrt.rs/2gBHw6G
BEIJING, Dec 5 (Reuters) - China is aiming to produce 4
million tonnes of ethanol by 2020, doubling output from the
current level, even as it keeps tight control over the use of
food grains to make the biofuel, a government plan showed on
Monday.
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.