Energy Update
BRUSSELS, Sept 30 (Reuters) - U.S. shale gas will displace a
growing portion of the world's expanding energy demand, cutting
into the need for oil products from refineries, BP's head of
refining economics said on Friday.
KUALA LUMPUR/MILAN, Sept 30 (Reuters) - Malaysian state oil
firm Petroliam Nasional Bhd is considering selling its majority
stake in a $27 billion Canadian liquefied natural gas (LNG)
plant, three people familiar with the matter said this week.
BRUSSELS, Sept 30 (Reuters) - European Union states aimed on
Friday to agree a shortcut to ratify the Paris climate deal next
week, keen for a rare political breakthrough at a time of
discord over migration and Britain's vote to leave the bloc.
SYDNEY, Sept 30 (Reuters) - The world's fourth biggest
copper deposit Australia's Olympic Dam remained indefinitely
idle on Friday and production at some of the country's major
steelworks halted, after a massive power outage, disrupting
supply lines of raw materials to Asia.
BEIJING, Sept 30 (Reuters) - China has set its
fourth-quarter fuel export quota for refiners at a total of 3.47
million tonnes, bringing the year's total to 46.075 million
tonnes.
MOSCOW, Sept 30 (Reuters) - Lukoil, Russia's
second biggest oil producer, is not ready to reduce its oil
output but will join oil market stabilisation measures if Russia
joins them, RIA news agency quoted Lukoil Chief Executive Vagit
Alekperov as saying.
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