Energy Update
SINGAPORE, Aug 29 (Reuters) - Oil prices fell early on
Monday as output from Iraq rose and as Iran said it would only
cooperate in upcoming producer talks to freeze output if fellow
exporters recognised its right to fully regain market share.
Aug 28 (Reuters) - Hedge fund manager D.E. Shaw & Co LP is
weighing a bid for SunEdison Inc's controlling stake
in TerraForm Power Inc, the bankrupt U.S. renewable
energy producer's most valuable asset, according to people
familiar with the matter.
Matador Resources Company (Matador Resources) announced the successful start-up last week of the Black River cryogenic natural gas processing plant Matador built in its Rustler Breaks prospect area in the Delaware Basin of Eddy County, New Mexico.
SIRTE, Libya, Aug 28 (Reuters) - At least 34 Libyan fighters
were killed and more than 180 wounded on Sunday as they closed
in on the last Islamic State militant holdouts in the coastal
city of Sirte, according to field hospitals.
SANAA, Aug 28 (Reuters) - Yemen's Houthi-run governing
council said on Sunday it was ready to restart peace talks with
the country's exiled government provided a Saudi-led coalition
stopped attacking and besieging Houthi-held territories.
SANAA, Aug 28 (Reuters) - Yemen's Houthi-run governing
council said on Sunday it was ready to restart peace talks with
the country's exiled government provided a Saudi-led coalition
stopped attacking and besieging Houthi-held territories.
BEIJING, Aug 28 (Reuters) - China's cabinet has launched a
nationwide inspection to make sure this year's economic growth
target will be met, even as it presses ahead with structural
reforms, Xinhua news agency said on Sunday.
BAGHDAD, Aug 28 (Reuters) - Iraq asked Saudi Arabia on
Sunday to replace its ambassador in Baghdad after his comments
about Iranian involvement in Iraqi affairs and the alleged
persecution of Sunni Muslims angered local Shi'ite Muslim
politicians and militia leaders.
DUBAI, Aug 28 (Reuters) - The Saudi Arabian ambassador to
Iraq, reacting to a reported request by Baghdad that Riyadh
withdraw him, told Al Arabiyah television on Sunday that the
kingdom's policies on Iraq would not change, and Saudi ties with
Iraqi politicians were amicable.
BEIJING, Aug 28 (Reuters) - China Petroleum and Chemical
Corporation, or Sinopec Corp, said on Sunday its net
profit fell 21.6 percent in the first half of 2016, hurt by a
steep decline in international oil prices.
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