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Venezuela oil exports stable in Mar despite sanctions, blackouts

CARACAS, Apr 03 (Reuters): Venezuela's state-run energy company, PDVSA, kept oil exports near 1.0 million barrels per day in March despite US sanctions and power outages that crippled its main export terminal, according to PDVSA documents and Refinitiv Eikon data.The OPEC member stabilised exports in March after shipments fell about...

Emirates wins Best First Class Award

Emirates has been awarded the Best First Class in the world at the 2019 TripAdviser Travelers' Choice awards for Airlines, said a press statement. The airline also clinched several other awards including Best Regional Business Class Middle East, Best First Class Middle East and nabbed the overall Travelers' Choice Major...

Tata Steel supports logic of JV with ThyssenKrupp

MUMBAI, Apr 03 (Reuters): India's Tata Steel Ltd said on Wednesday that it supports the logic behind a joint venture with ThyssenKrupp, days after the companies submitted proposals to the European Commission to get a nod to the proposed partnership."We continue to engage in a constructive dialogue with the European...

China’s LNG imports could reach 110b cubic metres by 2025: CNPC

SHANGHAI, Apr 03 (Reuters): China's imports of liquefied natural gas (LNG) could reach 110 billion cubic meters, or about 80 million tonnes a year, by 2025, a senior executive from China National Petroleum Corp (CNPC) said on Wednesday.The growth will be driven by a stringent environmental policy and an accelerated...

Peru community rejects talks over copper mine blockade

LIMA, Apr 03 (Reuters): An indigenous community in Peru that has blocked roads to Chinese miner MMG Ltd's Las Bambas copper mine has decided not to negotiate with the government further until the group's lawyers are freed from jail, the head of the community, said on Tuesday.The government had held...

Brent nears $70 as oil prices rise for fourth day

LONDON, Apr 03 (Reuters): Oil prices rose for a fourth day on Wednesday, pushing Brent toward a nearly five-month high of $70 a barrel as support from OPEC-led supply cuts and US sanctions overshadowed a report showing an unexpected rise in US inventories.Brent futures gained 38 cents, or 0.55 per...