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Reliance Jio extends free data offer to March 2017

MUMBAI, Dec 1 (Reuters) - India's Reliance Industries
said its telecoms unit Jio will extend its free data
service to all new and existing customers till March 2017, in a
bid to attract more customers to its 4G telecom service amid
stiff competition from incumbents.

Brent oil trading trashes volume records after OPEC, Russia agree output cut

SINGAPORE, Dec 1 (Reuters) - Trading volumes of Brent crude
oil futures pulverised records on Thursday after some of the
world's top producers on Wednesday struck a deal to cut output
for the first time since 2008, seeking to bolster prices stuck
at historically modest levels.

UPDATE 1-Glencore says $1 billion basic dividend in 2017, debts on track

LONDON, Dec 1 (Reuters) - Commodities trader and miner
Glencore > said on Thursday it would pay out $1 billion
in basic dividends in 2017, had exceeded asset sales targets and
would meet its goal this year to cut net debt.

RPT-Glencore says on track to cut debts, beats asset sales guidance

LONDON, Dec 1 (Reuters) - Glencore > said on
Thursday it had sold assets worth $6.3 billion this year,
compared with previous guidance of $1-2 billion, and its debt
reduction plan was nearly completed.

Net oil importer Indonesia leaves producer club OPEC, again

JAKARTA, Dec 1 (Reuters) - Indonesia has suspended its
membership of the Organization of Petroleum Exporting Countries
(OPEC), less than a year after rejoining the cartel, as the net
oil importer said it could not agree to the group's production
cuts.

BRIEF-Glencore announces new distribution policy for 2018

* Debt reduction plan nearing completion and capital
structure repositioned

Azerbaijan energy minister: no plan to increase oil output in 2017

BAKU, Dec 1 (Reuters) - Azerbaijan has no intention of
increasing crude oil output in 2017, Energy Minister Natig
Aliyev said on Thursday.

BHP Australia copper mine hit by another power outage

SYDNEY, Dec 1 (Reuters) - BHP Billiton
said on Thursday that its Olympic Dam copper mine was without
power for four hours due to a blackout in the state of South
Australia.

Lanka IOC raises premium product retail prices after diesel tax increase

COLOMBO, Dec 1 (Reuters) - Sri Lankan fuel retailer Lanka
IOC put up prices for its premium brands on Thursday, three
months after the government increased the duty on oil products,
and said it will have to raise other petrol prices if the
government fails to hike official prices.

New U.S. border-crossing pipelines bring shale gas to more regions in Mexico

(Thu, 01 Dec 2016) U.S. pipeline capacity for natural gas exports to Mexico has rapidly expanded in the past few years and currently stands at 7.3 billion cubic feet per day (Bcf/d). This existing cross-border capacity primarily supplies the Northeast and Central regions of Mexico. New capacity projected to be completed in the next several years will help to supply Mexico’s Central and Northwestern regions.

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