Energy Update
HONG KONG/BEIJING, Jan 21 (Reuters) - China's plans to set up funds to manage coal and steel capacity closures and stockpiling schemes offer nervous markets some clarity on the likely future make-up of the country's sprawling and predominantly state-run metals and mining industries.
MOSCOW, Jan 21 (Reuters) - Russia's top oil producer Rosneft has the resources to meet its 2016 debt obligations of $13.7 billion in full this year, the company told Reuters on Thursday, as the value of the rouble against the U.S.
TRIPOLI, Jan 21 (Reuters) - An attack by suspected Islamic State militants on Thursday has caused fires at four storage tanks at Libya's Ras Lanuf terminal, National Oil Corporation Chairman Mustafa Sanalla said.
SANDEFJORD/OSLO, Norway, Jan 21 (Reuters) - Norwegian oil firms Statoil and Det norske are looking at more acquisitions after recent deals, their chief executives told Reuters, hunting for bargains after a plunge in energy prices.
CAIRO, Jan 21 (Reuters) - Air strikes by Saudi-led forces hit oil storage facilities at Yemen's Ras Isa port on the Red Sea on Thursday, killing at least five people, oil workers said.
DAVOS, Switzerland, Jan 21 (Reuters) - The United States is committed to playing a global economic leadership role by its commitment to the IMF, U.S.
Jan 21 (Reuters) - Southwestern Energy Co said it would lay off 1,100 employees, or nearly 40 percent of its workforce, as it slows down drilling activity in response to a prolonged slump in oil prices.
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