Energy Update
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.
LONDON, Nov 28 (Reuters) - Royal Dutch Shell is
considering selling out of its oil fields in Iraq as part of its
global $30 billion asset disposal programme, industry sources
said on Monday.
LONDON, Nov 28 (Reuters) - Denmark's A.P. Moller-Maersk
and DONG Energy are in talks to merge
their oil and gas operations in a deal that would create a
business worth more than $10 billion including debt, sources
familiar with the matter said.
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