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Iraq oil exports hit record 4.051 million bpd in November

BAGHDAD, Dec 1 (Reuters) - Iraq's oil exports reached a
record high 4.051 million barrels per day (bpd) in November, the
oil ministry said in a statement on Thursday.

Indians wait patiently as steel moves to front of queue

To their surprise, delegates and speakers flying into Mumbai last month for Platts Steel Markets Asia conference were witnesses to history in the making.

UPDATE 1-Russia says to cut oil output from Nov-Dec levels

MOSCOW, Dec 1 (Reuters) - Russia plans to cut its oil output
from November-December levels as a part of its agreement to
stabilise global oil market together with OPEC, Energy Minister
Alexander Novak told reporters on Thursday.

Renewable Energy in US Gained 24 Percent Through First Nine Months of 2016

The U.S. Energy Information Agency (EIA) on Nov. 29 released electric generation statistics through the end of September 2016. Generation from geothermal, solar, and wind energy increased by 24 percent compared with the first nine months of 2015. Non-hydro renewable energy, including biomass, has made up 8.5 percent of U.S. electric generation thus far in 2016.

Rolls-Royce to cut another 800 jobs at marine unit

LONDON, Dec 1 (Reuters) - British engineering company
Rolls-Royce said it would cut a further 800 jobs in its
marine business to save an extra 50 million pounds ($63 million)
a year, responding to weak demand from shipping and energy
customers.

UPDATE 1-India's Reliance Jio extends free services, as telecoms price war intensifies

* Existing and new customers to get free service till March
2017

EXCLUSIVE-Indian government officials propose break up of Coal India-sources

NEW DELHI, Dec 1 (Reuters) - Senior Indian government
officials tasked by the prime minister with reviewing energy
security are recommending the break up of the country's coal
monopoly, Coal India Ltd, within a year.

Russia says to cut oil output from Nov-Dec levels

MOSCOW, Dec 1 (Reuters) - Russia will cut its oil output
from November-December levels, Energy Minister Alexander Novak
told reporters on Thursday.

Oil price rally likely short-lived as OPEC deal not enough to reduce glut

* Production cuts, if implemented, still not enough to
reduce glut

UPDATE 1-Turkish company Dogan's shares slide on reports executive detained

ISTANBUL, Dec 1 (Reuters) - An executive of Turkey's Dogan
Holding has been detained in an investigation related to July's
failed coup, state media reported on Thursday, sending the
company's shares tumbling on fears it could be a target in the
government's crackdown.

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