Energy Update
MOSCOW, April 16 (Reuters) - A draft of an agreement
prepared for the meeting between OPEC and non-OPEC member
countries in Qatar on Sunday sees oil production being frozen at
the January level until October, TASS news agency quoted the
Azeri energy minister as saying on Saturday.
BRASILIA, April 16 (Reuters) - Brazilian President Dilma
Rousseff hunkered down at her residence on Saturday for
last-minute negotiations with wavering lawmakers in an effort to
secure crucial support the day before an impeachment vote that
could lead to her removal from office.
ROME, April 16 (Reuters) - Pope Francis said on Saturday
that his meeting with Bernie Sanders, contesting the Democratic
candidacy for the U.S. Presidency, was not meddling in politics
and that anyone who thought otherwise should "look for a
psychiatrist".
Consolidation has created some of the world's largest airlines, but the purchase of Virgin America by Alaska Air Group makes a smaller splash for jet fuel.
SHANGHAI, April 16 (Reuters) - China wants the millions of
coal and steel workers expected to be laid off in the next few
years to be retrained, relocated or retired early as it tries to
limit unrest while it tries to combat structural problems in its
industrial sector.
TRIPOLI/GENEVA, April 16 (Reuters) - The French and German
foreign ministers arrived in Libya on Saturday for unannounced
talks with the head of the unity government Fayaz Seraj to offer
support as he seeks to stabilise the North African state, a
French diplomatic source said.
DOHA, April 16 (Reuters) - Iran will not attend a meeting
between OPEC and non-OPEC member countries about freezing oil
output levels in Qatar on Sunday, two sources familiar with the
situation told Reuters.
ABUJA, April 16 (Reuters) - Nigeria, which is going through
its worst economic crisis in years, has not turned to the
International Monetary Fund (IMF) for financial assistance
because it is "not sick", its finance minister said.
MOSCOW, April 16 (Reuters) - The New Development Bank (NDB),
formed by the BRICS group of emerging nations, has approved its
first loans - $811 million for renewable energy projects in
Brazil, China, India and South Africa, Russian news agencies
reported on Saturday.
MOSCOW, April 16 (Reuters) - State-controlled Russian
companies should keep paying at least half of their annual
profit in dividends in 2017-2019, news agencies quoted finance
minister Anton Siluanov as saying on Saturday.
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