Energy Update
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.
LONDON, Aug 28 (Reuters) - The head of EDF Energy
has urged the British government to approve the Hinkley Point C
nuclear power project, an explict appeal by the French energy
giant ahead of a decision due within weeks.
SYDNEY, Aug 28 (Reuters) - Australia's centre-left Labor
Party won a convincing vote in the Northern Territory election
on Saturday, a result that will likely add to existing
uncertainty over development of the region's onshore gas
industry and could ward off foreign investment.
CARACAS, Aug 27 (Reuters) - Venezuela and Iran continue to
seek consensus on ways to stabilize oil markets and strengthen
OPEC, Venezuelan President Nicolas Maduro said on Saturday,
following a meeting with Iranian Foreign Minister Mohammad Javad
Zarif.
YENAGOA, Nigeria, Aug 27 (Reuters) - Nigeria's military said
on Saturday it had launched a new offensive against militants in
the oil-producing Niger Delta, killing five and arresting 23.
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