Energy Update
WILLISTON, N.D., Nov 11 (Reuters) - North Dakota's public universities have launched a scholarship program to enroll laid-off oilfield workers in energy classes, contending their best path to a new job is learning mechanical and computer skills.
JAKARTA, Nov 11 (Reuters) - Indonesia could take China before an international court if Beijing's claim to the majority of the South China Sea and part of Indonesian territory is not resolved through dialogue, Indonesia's security chief said on Wednesday.
KUALA LUMPUR, Nov 11 (Reuters) - Malaysia's Petroliam Nasional Bhd (Petronas) reported on Wednesday a 91 percent plunge in third-quarter net profit due to weak global crude oil prices. The state-owned oil firm made a net profit of 1.4 billion ringgit ($321.10 million) in July-September compared to 15.1 billion in the same period a year earlier. It was the third straight quarter of profit declines for Petronas this year. Revenue for the quarter fell by 25 percent to 60.1 billion ringgit
BEIJING, Nov 11 (Reuters) - Chinese Foreign Minister Wang Yi said the Philippines' case against China at an arbitration tribunal over rival claims in the South China Sea had strained relations and that it was up to the Philippines to heal the rift.
Nov 11 (Reuters) - Oil explorer Ophir Energy Plc said it would cut capital expenditure next year and that spending this year would be towards the lower end of its forecast as falling oil prices continued to hurt.
BEIJING, Nov 11 (Reuters) - China's implied oil demand rose 0.9 percent in October from a year ago, recovering from a slight dip the previous month as auto sales in the world's second-largest economy rose at their fastest pace since December 2014.
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