Energy Update
Nov 9 (Reuters) - Tullow Oil lowered its spending
again on Wednesday in the face of low oil prices and cut
production targets due to the slower than expected increase in
output from its new TEN oil fields offshore Ghana.
ISTANBUL, Nov 9 (Reuters) - Turkey wants U.S. policy under
Donald Trump to recognise the strategic importance of Turkey and
its main priority is an effective fight against terrorism,
President Tayyip Erdogan's spokesman said on Wednesday.
MOSCOW, Nov 9 (Reuters) - Russia is ready to do its part to
fully restore ties with Washington following the election of
businessman Donald Trump as the next U.S. President, Russian
President Vladimir Putin said on Wednesday.
Before November 8, 2016, markets were concerned that a victory for Republican Donald Trump would result in major changes in US trade and economic policy. Today, with Trump now heading for the White House, those markets have reacted.
PARIS, Nov 9 (Reuters) - The election of Donald Trump as the
President of the United States will not have an impact on the
investments of French oil and gas company Total in
Iran, the firm's head of gas, renewables and power said on
Wednesday.
Nov 9 (Reuters) - Africa-focused Tullow Oil Plc
slashed full-year spending budget and lowered the forecast for
its oil production in West Africa, as it seeks to weather an oil
price slump, while a delay in ramping up output at its
multi-billion dollar TEN oil fields offshore Ghana also weighed
on outlook.
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