Energy Update
NEW YORK/HOUSTON, Nov 30 (Reuters) - In a corner of the
prolific Bakken shale play in North Dakota, oil companies can
now pump crude at a price almost as low as that enjoyed by OPEC
giants Iran and Iraq.
Nov 30 (Reuters) - U.S. crude oil stockpiles fell
unexpectedly last week, while distillate inventories rose
sharply, the Energy Information Administration's data showed on
Wednesday.
UNITED NATIONS, Nov 30 (Reuters) - The United Nations
Security Council imposed new sanctions on North Korea on
Wednesday aimed at cutting the Asian country's annual export
revenue by a quarter in response to Pyongyang's fifth and
largest nuclear test in September.
JOHANNESBURG, Nov 30 (Reuters) - Eskom veteran Matshela Koko
has been appointed acting chief executive of South Africa's sole
power utility with effect from Dec. 1, the Public Enterprises
Minister said on Wednesday.
UNITED NATIONS, Nov 30 (Reuters) - The United Nations
Security Council imposed new sanctions on North Korea on
Wednesday that aim to cut the Asian state's annual export
revenue by more than a quarter in response to Pyongyang's fifth
and largest nuclear test in September.
LONDON, Nov 30 (Reuters) - Royal Dutch Shell, the
world's second-biggest publicly listed oil company, is studying
acquisitions in the green energy sector, its CEO told Reuters,
as it bows to shareholder demands for a strategy beyond fossil
fuels.
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