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Trump proposes to end visa lottery; favours skilled workers
Fri, Jan 26, 2018
Trump has been against diversity visa as he believes that this does not attract the best and the brightest to the US.
China's Sinopec looking to sell Nigeria business: Sources
Wed, Dec 06, 2017
Sinopec and other oil groups including China National Petroleum Corporation and CNOOC made large acquisitions between 2009 and 2013 with the help of low-cost loans from Chinese state-owned banks.
Bajaj Auto hopes to rev up sales in FY18 after bumpy ride
Sun, May 21, 2017
After a rough ride last fiscal, Bajaj Auto spokesperson has said that the company hopes to improve its sales in fiscal year 2017-18 (FY18) on back of recoveries in both domestic and export markets.
Thai Airways to probe jet engine maker Rolls-Royce corruption
Thu, Jan 19, 2017
Thailand`s flagship airline on Thursday said it had launched a probe into revelations that Rolls-Royce paid millions of dollars in bribes to win contracts, including to airline employees and government officials.
OPEC oil output inches down after November deal
Wed, Jan 18, 2017
OPEC oil production fell in December but remains well above levels envisaged under a recent deal due to take effect from January, the cartel`s new monthly report showed on Wednesday.
OPEC oil output falls from record high ahead of planned cuts: Reuters survey
Thu, Jan 05, 2017
OPEC`s oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria`s oil industry and top exporter Saudi Arabia trimming exports.
OPEC, non-OPEC agree first global oil pact since 2001
Sun, Dec 11, 2016
OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.
Nigeria, Morocco mull gas pipeline mega-project
Sun, Dec 04, 2016
Nigeria and Morocco are in talks over a huge project to extend a West African gas pipeline to stretch up towards Europe, officials say.
India's Sept Iran oil imports fall 4.1% on Aug, says shipping data
Wed, Oct 12, 2016
India's purchases of Iranian oil fell 4.1% in September, slipping from August when imports from Tehran hit their highest in at least 15 years, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.
Nigeria takes on oil majors over 'illegal exports'
Fri, Sep 30, 2016
Chevron and Total on Friday failed to have a court throw out a case implicating them in the alleged failure to declare billions of dollars of crude exports from Nigeria.
Goldman Sachs cuts Q4 crude oil price forecast by $7 on supply glut
Tue, Sep 27, 2016
Goldman Sachs on Tuesday slashed its fourth quarter (Q4) 2016 oil price forecast by $7 per barrel, citing a mounting crude surplus that could outweigh any short-term price support from a potential deal among top producers to limit output.
Oil prices drop on returning Libya, Nigeria supplies
Fri, Sep 16, 2016
Oil prices fell on Friday on worries that U.S. rig counts would continue to rise and that returning Libyan and Nigerian exports would stoke a global supply glut.
Oil dips back below $50 on economic worries
Tue, Jul 05, 2016
"The deterioration in the global economic outlook, financial market uncertainty and ripple effects on key areas of oil demand growth are likely to exacerbate already-lacklustre industrial demand growth trends," Barclays said in a report.
International oil markets to balance out by end of 2016: IEA
Tue, Jun 14, 2016
A huge overhang in oil stocks lingering across the world will keep a cap on any further oil price rises, the IEA said on Tuesday, even as supply and demand move towards balance by the end of the year.
Oil hits 2016 peaks on fading supply glut fears
Sat, May 21, 2016
"Production outages in Canada and Nigeria continue to support prices," wrote Capital Economics analysts Caroline Bain and Julian Jessop in a research note.
Oil rises on outages; API reports big US crude build
Wed, May 11, 2016
The market pared gains briefly in post-settlement trade after the American Petroleum Institute (API), an industry group, said the US crude inventories rose by 3.45 million barrels to record highs of 543.1 million during the week ended May 6.