Energy Update
PARIS, Nov 29 (Reuters) - French foreign affairs minister
Jean-Marc Ayrault called on Tuesday for an immediate United
Nations Security Council meeting to discuss the situation in the
Syrian city of Aleppo, which has been devastated by fighting.
PARIS, Nov 29 (Reuters) - French foreign affairs minister
Jean-Marc Ayrault called on Tuesday for an immediate United
Nations Security Council meeting to discuss the situation in the
Syrian city of Aleppo, which has been devastated by fighting.
SINGAPORE/TOKYO, Nov 29 (Reuters) - For the first time since
2008, OPEC is set to strike a deal to cut oil output that may
boost prices. It may also give itself a bloody nose in Asia,
where big buyers are ramping up supplies from elsewhere and say
they don't want to pay more for fuel.
SYDNEY, Nov 29 (Reuters) - Warm seas around Australia's
Great Barrier Reef have killed two-thirds of a 700-km (435
miles) stretch of coral in the past nine months, the worst
die-off ever recorded on the World Heritage site, scientists who
surveyed the reef said on Tuesday.
ASTANA, Nov 29 (Reuters) - Kazakhstan's Energy Minister,
Kanat Bozumbayev, has not yet decided whether to attend the
meeting of OPEC members and other oil producers in Vienna, he
told Reuters on Tuesday.
There are short-term incentives, under the pressure of summitry, to come up with something - anything! - but the underlying problems mean that any deal reached is unlikely to have much substance or longevity.
(Tue, 29 Nov 2016) U.S. pipeline exports of natural gas continued to grow in 2016, and they have doubled since 2009. Almost all of this growth is attributable to increasing exports to Mexico, which have accounted for more than half of all U.S. natural gas exports since April 2015. In August, the United States exported 4.2 billion cubic feet per day (Bcf/d) of natural gas to Mexico via pipelines.
SHANGHAI, Nov 29 (Reuters) - China expects the output value
of its energy saving and environmental protection industry to
rise from 4.5 trillion yuan ($653 billion) last year to more
than 10 trillion by 2020, lifting its share of gross domestic
product from 2.1 percent to 3 percent.
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