CNBC Utilities Page Wires

  • *Trump demanded OPEC boost output immediately. "I do not influence prices," Saudi Energy Minister Khalid al-Falih told reporters as OPEC and non- OPEC energy ministers gathered in Algiers for a meeting that ended with no formal recommendation for any additional supply boost. The price rally mainly stemmed from a decline in oil exports from OPEC member Iran due to...

  • ALGIERS, Sept 23- OPEC and allied oil producers including Russia ended their meeting on Sunday with no formal recommendation for any additional supply boost. Oman's Oil Minister Mohammed bin Hamad Al-Rumhy and Kuwaiti counterpart Bakhit al-Rashidi told reporters that producers had agreed they needed to focus on reaching 100 percent compliance with...

  • *Attack on Iran military parade stokes regional tensions. DUBAI, Sept 23- President Hassan Rouhani said on Sunday Iran was ready to confront the United States and its Gulf Arab allies, a day after an attack on an Iranian military parade killed 25 people, including 12 members of the elite Revolutionary Guards. Speaking before leaving Tehran to attend the annual U.N....

  • BERLIN— Porsche's chief executive says the sports car maker won't produce any new diesel models in the wake of parent company Volkswagen's diesel emissions scandal. CEO Oliver Blume told Sunday's Bild am Sonntag newspaper that, although Porsche itself never developed and produced diesel engines, its image has suffered from the scandal that erupted in 2015.

  • *Attack on Iran military parade stokes regional tensions. Speaking before leaving Tehran to attend the annual U.N. General Assembly in New York, Rouhani accused U.S.-backed Gulf Arab states of providing financial and military support for anti-government ethnic Arab groups in Iran. The Islamic Revolutionary Guards Corp has been the sword and shield of...

  • *Graphic: Shell production in Nigeria https://tmsnrt.rs/2OB5wa0. BODO, Nigeria, Sept 23- Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country's onshore industry for decades. In fact, onshore production has risen in...

  • Following are some of the highlights of Shell's history in Nigeria:. 1936- The Royal Dutch Shell Group establishes a Nigerian venture with the precursor company of BP Plc. The first shipment of oil from Nigeria takes place in 1958.. 1979- The Shell Petroleum Development Company of Nigeria is established, incorporating assets of the older Shell-BP consortium.

  • DUBAI, Sept 23- Iranian President Hassan Rouhani accused the United States of being a "bully" that wants to create insecurity in the Islamic Republic, a day after an attack on a military parade that killed 25 people, including 12 members of the country's elite Revolutionary Guards. Speaking before leaving Tehran to attend the U.N. General Assembly in New York,...

  • GENEVA— Swiss voters on Sunday were deciding on two separate proposals aimed at protecting Swiss farmers more and ensuring that food from both domestic and foreign farmers and producers is healthier, more environmentally sound and animal-friendly. Yet polls show costs concerns, government opposition and other factors have dented public support for the...

  • LIVERPOOL, England— Britain's Labour Party may hold the fate of Brexit in its hands— if only it can decide what to do. With the U.K. and the European Union at an impasse in divorce talks, many Labour members think the left-of-center opposition party has the power— and a duty— to force a new referendum that could reverse Britain's decision to leave the 28- nation bloc.

  • BEIJING/ SHANGHAI, Sept 23- China's grain imports fell sharply in August, customs data showed on Sunday, a month after Beijing imposed hefty tariffs on shipments from the United States, one of its top suppliers. China brought in 60,000 tonnes of sorghum in August, down 78.5 percent from 259,892 tonnes a year ago, according to figures published by the General...

  • *China August scrap copper imports down 29.7 pct y/y to 220,000 tonnes- customs. *China August scrap aluminum imports down 23.4 pct y/y to 130,000 tonnes- customs. *China August waste paper imports down 46.2 pct y/y to 1.4 mln tonnes- customs.

  • CORRECTED- CHINA AUG SORGHUM IMPORTS AT 60,000 TONNES- CUSTOMS.

  • CORRECTED- CHINA AUG BARLEY IMPORTS AT 550,000 TONNES- CUSTOMS.

  • CORRECTED- CHINA AUG WHEAT IMPORTS AT 140,000 TONNES- CUSTOMS.

  • CORRECTED- CHINA AUG CORN IMPORTS AT 330,000 TONNES- CUSTOMS.

  • SAN DIEGO— The Trump administration on Saturday proposed rules that could deny green cards to immigrants if they use Medicaid, food stamps, housing vouchers and other forms of public assistance. The Department of Homeland Security said current and past receipt of certain public benefits above thresholds would be considered "a heavily weighed negative...

  • But U.S. House and Senate leaders say they will direct the Federal Aviation Administration to set minimum dimensions for passenger seats as part of a new spending bill. The Senate supported limiting those fees. Ed Markey of Massachusetts said Saturday the provision was left out after negotiations with House lawmakers.

  • BRITISH PRIME MINISTER THERESA MAY'S AIDES HAVE BEGUN CONTINGENCY PLANNING FOR A NOVEMBER SNAP ELECTION- SUNDAY TIMES.

  • LONDON, Sept 22- Comcast beat Rupert Murdoch's Twenty-First Century Fox in the battle for Sky on Saturday after offering 30.6 billion pounds in a dramatic auction to decide the fate of the pay-television group. The U.S. cable giant bid 17.28 pounds a share for control of London- listed Sky, bettering a 15.67 pounds-a-share offer by Fox, Britain's Takeover Panel...