VIENNA (Reuters) – A panel of several ministers from OPEC, Russia and other producers failed on Wednesday to clinch an agreement about whether to make additional oil output cuts to prop up tumbling crude prices, an OPEC source said. The source said Russia, which has been resisting additional cuts that are backed by Saudi Arabia […]
By Alexander Winning JOHANNESBURG (Reuters) – Eskom’s new chief executive took charge of the crisis-plagued utility on Monday, embarking sooner than planned on the mammoth task of fixing a national power deficit and restructuring debts that have hobbled South Africa’s economy. Andre de Ruyter, appointed by President Cyril Ramaphosa in November, will oversee a government […]
By Timothy Gardner WASHINGTON (Reuters) – Any companies that rush to finish building a Russian natural gas export pipeline to Germany that came under U.S. sanctions this month risk being penalized, senior U.S. officials said on Sunday. President Donald Trump signed a bill late this month imposing sanctions on the Nord Stream 2 gas pipeline […]
