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UPDATE 1-S.Korea's SK Innovation sees firm refining margins on tighter market

* SK Innovation Q3 operating income down 63 pct q/q

(Adds comment, detail)

UPDATE 1-Oil prices set for weekly drop on doubts OPEC can coordinate output cut

* Traders worried over whether OPEC can coordinate output
cut

UPDATE 1-Venezuela court annuls Congress probe of $11 bln missing at PDVSA

CARACAS, Oct 27 (Reuters) - Venezuela's top court on
Thursday approved an injunction against a congressional probe
that found Rafael Ramirez, the former president of state oil
company PDVSA, was responsible for corruption and malfeasance
that cost the firm $11 billion.

Oil prices dip on doubts OPEC can coordinate output cut

SINGAPORE, Oct 28 (Reuters) - Oil prices dipped early on
Friday, weighed down by lingering doubts over whether OPEC can
coordinate a crude production cut big enough to rein in
oversupply that has dogged markets for two years.

Venezuela court annuls Congress probe of $11 bln missing at PDVSA

CARACAS, Oct 27 (Reuters) - Venezuela's top court on
Thursday approved an injunction against a congressional probe
that found Rafael Ramirez, the former president of state oil
company PDVSA, was responsible for corruption and malfeasance
that cost the firm $11 billion.

RPT-Iran crude oil exports to hit 4-mth low in Nov -source

* Exports to Asia to hit 1.46 mln bpd; exports to Europe to
fall

UPDATE 2-GE explores acquisition of Baker Hughes - source

Oct 27 (Reuters) - General Electric Co has approached
No. 3 oilfield services provider Baker Hughes Inc to
discuss the possibility of an acquisition, according to a person
familiar with the matter.

Sungrow successfully installs the world’s largest PV & energy storage microgrid plant

Sungrow announced that the world’s largest PV & energy storage microgrid power plant with 13 MW of PV inverters and 7 MW of energy storage inverters, was installed in Shuanghu, China.

GE in talks to buy oilfield services provider Baker Hughes-WSJ

Oct 27 (Reuters) - General Electric Co is in talks to
buy oilfield services provider Baker Hughes Inc, the
Wall Street Journal reported on Thursday, citing people familiar
with the matter. (http://on.wsj.com/2eVuf8x)

Canada groups file lawsuits in bid to halt Petronas LNG project

VANCOUVER, Oct 27 (Reuters) - Canadian aboriginal and
environmental groups filed lawsuits on Thursday seeking to
overturn government approval of a $27 billion liquefied natural
gas project led by Malaysia's Petronas, that they say will hurt
the environment and destroy crucial salmon habitat.

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