Energy Update
BEIRUT, Nov 28 (Reuters) - Iran's oil minister said members
of the Organization of Petroleum Exporting Countries (OPEC)
could agree a plan to limit oil production at their meeting in
Vienna this week if they put aside political rivalries and focus
on economic factors.
CALGARY, Alberta, Nov 28 (Reuters) - The government of
Alberta, Canada's largest crude-producing province, said on
Monday its 2016-17 budget deficit would be marginally narrower
than previously forecast amid signs its economy is steadying
after more than two years of weak oil prices.
SAO PAULO, Nov 28 (Reuters) - The chief executive of
Brazil's state-run oil company Petrobras said on
Monday that the growing deficit in the country's gasoline
refining capacity is an opportunity for local ethanol mills.
MEXICO CITY, Nov 28 (Reuters) - Mexico's oil regulator
announced on Monday a final list of 16 oil companies
representing a dozen countries that have pre-qualified to bid on
the country's first-ever deep water oil auctions set for Dec. 5.
Nov 28 (Reuters) - Ottawa has struck a deal with
Saskatchewan, a fierce critic of its environmental strategy,
allowing it to continue running coal-fired electricity plants
past 2030 if it makes equivalent cuts elsewhere to greenhouse
gas emissions, the governments said on Monday.
SAO PAULO, Nov 28 (Reuters) - The Brazilian government is
preparing a program to stimulate ethanol production with the aim
of curbing the country's gasoline imports, the energy minister
said on Monday, at a time when local refining capacity is
expected to plateau.
MOSCOW, Nov 28 (Reuters) - Russian President Vladimir Putin
and his Iranian counterpart Hassan Rouhani agreed in a telephone
call on Monday to coordinate steps on global oil and gas
markets, the Kremlin said.
(Adds detail from draft resolution)
By Michelle Nichols
UNITED NATIONS, Nov 28 (Reuters) - The United Nations
Security Council is set to vote on Wednesday morning on a
U.S.-drafted resolution to impose new sanctions on North Korea
over its fifth and largest nuclear test conducted in September,
diplomats said on Monday.
Diplomats said the council's five veto-wielding powers - the
* Utilities gain as investors back safe stocks
UNITED NATIONS, Nov 28 (Reuters) - The United Nations
Security Council is set to vote on Wednesday morning on a
U.S.-drafted resolution to impose new sanctions on North Korea
over its fifth nuclear test in September, diplomats said on
Monday.
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