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Saudi-US N-talks to start within weeks

RIYADH / REUTERS Saudi Arabia aims to start talks with Washington within weeks on an agreement to allow US firms to participate in its nascent civilian nuclear energy programme, with the first tender expected in 2018, the kingdom’s energy minister said. Saudi Arabia is interested in reaching a civilian nuclear cooperation agreement with Washington, and Riyadh has invited US firms ...

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Aramco begins global hunt for natural gas

Bloomberg Saudi Aramco is looking for natural gas assets from Russia to East Africa and the US as the kingdom’s state-owned energy giant hunts for ways to meet soaring domestic demand. The comments by Khalid Al-Falih, who’s both Aramco chairman and Saudi energy minister, are a tacit admission Aramco has failed to find enough domestic gas reserves despite years of ...

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Mexico light oil vanishes from markets, leaving US to plug gap

Bloomberg Pemex’s crude menu has just gotten simpler. If it’s the traditional, heavier Maya you’re after, step right up, but traders with a palate for lighter, sweeter crudes will have to look elsewhere. Isthmus exports fell almost 16 percent in November from the previous month while Pemex stopped sending Olmeca, Mexico’s light- est crude, for a third consecutive month, according ...

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