Energy Update

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* Central bank to keep tightening to fight inflation (Adds comments on inflation, details)

CILACAP, INDONESIA, Nov 26 (Reuters) - Saudi Aramco is looking for further investment opportunities in Indonesia's downstream refining and petrochemicals industry, the company's CEO said on Thursday, after initiating a $5.5 billion project to upgrade the country's largest refinery.

DUBAI, Nov 26 (Reuters) - Speculation that Saudi Arabia could devalue its currency may owe more to a poor public relations effort by Saudi authorities than to the economic pressures on the kingdom.

MOSCOW, Nov 26 (Reuters) - Russia may impose various economic restrictions on Turkey, including measures to restrict the planned TurkStream gas pipeline, Russia's Economy Minister Alexei Ulyukayev said on Thursday.

MEXICO CITY, Nov 26 (Reuters) - Hurricane Sandra strengthened to a Category 4 storm early on Thursday, the strongest recorded in the eastern Pacific Ocean this late in the year, as it headed toward Mexico's coast, the U.S.

STAVANGER/OSLO, Norway, Nov 26 (Reuters) - Private equity investors are buying up assets in Norway's crisis-hit oil sector, betting on a recovery in crude prices and cutting deals with energy firms whose focus is elsewhere and are happy to generate some cash.

ANKARA, Nov 26 (Reuters) - Turkish President Tayyip Erdogan on Thursday dismissed "emotional" and "unfitting" suggestions that projects with Russia could be cancelled following Turkey's downing of a Russian warplane near the Syrian border.

LAUNCESTON, Australia, Nov 26 (Reuters) - - The dominant theme of commodity markets in recent months, in virtually every article or conversation at events, has been how much lower can prices possibly go.

ANKARA, Nov 26 (Reuters) - Turkish President Tayyip Erdogan on Thursday dismissed as "emotional" and "unfitting of politicians" suggestions that projects with Russia could be cancelled in the wake of Turkey's downing of a Russian warplane near the Syrian border.

PARIS, Nov 26 (Reuters) - A group of 39 French firms, including oil and gas major Total and nuclear group Areva, pledged to invest at least 45 billion euros ($48 billion) during the next five years in renewable energy and low-carbon technologies.

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