Energy Update
CARACAS, Nov 27 (Reuters) - Venezuela's Puerto La Cruz
refinery was hit by a blackout on Sunday night, a union leader
and workers said, adding to refining troubles in the oil-rich
country although the complex was barely operational before the
outage.
SINGAPORE, Nov 28 (Reuters) - Oil prices fell over 1 percent
on Monday, extending declines from last Friday as doubts
re-emerged over the ability of major producers to cut output at
a planned meeting on Wednesday aimed at reining in global
oversupply.
Nov 27 (Reuters) - U.S. authorities said on Sunday they had
no plans to forcibly remove activists protesting plans to run an
oil pipeline beneath a lake near the Standing Rock Sioux
reservation in North Dakota, despite telling them to leave by
early December.
DHAHRAN, Saudi Arabia, Nov 27 (Reuters) - Saudi Arabia's
energy minister Khalid al-Falih said on Sunday that he believed
the oil market would balance itself in 2017 even if producers
did not intervene, and that keeping output at current levels
could therefore be justified.
BRASILIA, Nov 27 (Reuters) - President Michel Temer said on
Sunday that he and leaders of Brazil's Congress will not allow
an amnesty for election slush funds sought by some lawmakers to
avoid prosecution for receiving graft money.
KUWAIT, Nov 27 (Reuters) - Opposition candidates are
estimated to have won around 20 seats out of 50 in Kuwaiti
elections that saw most parliament members replaced, in a vote
analysts said reflects anger at austerity measures to curb a
budget deficit.
DERA ISMAIL KHAN, Pakistan, Nov 27 (Reuters) - Six
Pakistanis working for a Polish oil and gas surveying company
have been kidnapped in northwestern Pakistan, military sources
told Reuters, years after a Polish engineer from the same
company was beheaded by Pakistani militants.
DRURIDGE BAY, England, Nov 27 (Reuters) - In northeastern
England, a battle is raging between grass roots campaigners and
a company intent on digging a new open cast mine as world coal
prices soar.
DERA ISMAIL KHAN, Pakistan, Nov 27 (Reuters) - Six Pakistani
workers from a Polish oil and gas surveying company have been
kidnapped in northwestern Pakistan, military sources told
Reuters, years after a Polish engineer from the same company was
beheaded by Pakistani militants.
KUALA LUMPUR, Nov 27 (Reuters) - Malaysian Prime Minister
Najib Razak said on Sunday that he will "not necessarily" call a
snap election next year, amid talk that he would seek an early
vote as splits in the opposition have hobbled efforts to oust
him over a long-running financial scandal.
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