Energy Update
VIENNA, Oct 29 (Reuters) - Russian energy officials have
told a technical meeting between OPEC and non-OPEC officials on
Saturday that Moscow was still willing to freeze its output
levels if OPEC agreed to cap its production, two OPEC sources
said.
VIENNA, Oct 29 (Reuters) - Officials from OPEC and
non-member oil producing countries met on Saturday aiming to
build support for an OPEC plan to reduce output one day after
OPEC members were unable to agreed on how to implement the deal.
BEIJING, Oct 29 (Reuters) - China's imports of North Korean
coal run counter to global sanctions, a senior U.S. official
said on Saturday, adding that a U.S. missile system deployed in
South Korea should "motivate" Beijing to pressure Pyongyang over
its nuclear programme.
Oct 28 (Reuters) - Tesla Motors Inc Chief Executive
Elon Musk on Friday unveiled new energy products aimed at
illustrating the benefits of combining his electric car and
battery maker with solar installer SolarCity Corp.
Oct 28 (Reuters) - Tesla Motors Inc Chief Executive
Elon Musk on Friday unveiled new energy products aimed at
illustrating the benefits of combining his electric car and
battery maker with solar installer SolarCity Corp.
Oct 28 (Reuters) - A Native American tribe and other
activists opposed to a multibillion-dollar oil pipeline project
in North Dakota vowed on Friday to continue their fight through
direct action, legal challenges and growing celebrity support, a
day after police arrested 141 of their members.
SAO PAULO, Oct 28 (Reuters) - The Brazilian government
awarded licenses for companies to build and operate 6,126 km
(3,829 miles) of power transmission lines, finding investors for
21 of 24 lots offered in an auction on Friday.
CHICAGO, Oct 28 (Reuters) - Paragon Offshore Plc
said on Friday it was evaluating its options after a U.S. judge
rejected the offshore rig contractor's plan to exit bankruptcy,
an unusual setback for a corporate Chapter 11 proceeding.
VIENNA/DUBAI, Oct 28 (Reuters) - OPEC officials meeting in
Vienna to work out the details of their plan to reduce oil
production failed to reach agreement after hours of talks on
Friday, amid objections by Iran which has been reluctant to even
freeze its output, OPEC sources said.
NEW YORK, Oct 28 (Reuters) - Industrial giant General
Electric Co and oilfield services company Baker Hughes, both
beset by difficulties during oil's two-year price rout, may have
a clear path out of the doldrums: join forces.
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