Energy Update
BEIJING, Nov 25 (Reuters) - A Donald Trump presidency does
not mean the United States will withdraw from the South China
Sea, but rather will continue pursuing "regional hegemony",
Chinese academics who drafted a report for an influential
government think tank said on Friday.
* Sees palm demand from biodiesel sector at 10.6 mln T by
2020
* Indonesia pushing to boost biodiesel usage
* Should support palm oil prices
SYDNEY, Nov 25 (Reuters) - Airlines flying to and from
Australia's Melbourne Airport on Friday were told they could
only receive half of their normal jet fuel after a series of
supply disruptions, three aviation industry sources said.
SEOUL, Nov 25 (Reuters) - South Korea's Daesung Industrial
Gases, nearly half-owned by Goldman Sachs, will be put up for
auction with first-round bids due in early December - a deal
reportedly worth about 1.5 trillion won ($1.3 billion).
SEOUL, Nov 25 (Reuters) - South Korea's finance minister
said on Friday he expects business conditions to worsen due to
local interest rates tracking rising U.S. yields, and volatility
gripping financial market.
CARACAS, Nov 24 (Reuters) - Venezuela's PDVSA said on
Thursday it was taking legal action seeking compensation for a
$1 billion scheme in which two oil magnates paid bribes to
obtain lucrative contracts from the state oil company.
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