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Aramco starts fuel trading from UAE

DUBAI: Saudi Aramco hired two Singapore-based traders and began dealing in fuel at the Middle East’s main bunkering port as the world’s biggest oil exporter expands further into the trading business.

Aramco signs US LNG purchase agreement with Sempra Energy

DUBAI: Saudi Aramco agreed to buy liquefied natural gas from Sempra Energy’s Texas export terminal and will discuss taking a stake in the project.

Mexican president calls for steps to keep power prices low

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Monday contracts private companies have with state-run power utility CFE should be revised to keep electricity prices low, sending shares in one firm tumbling.

Trump to nominate ex-energy lobbyist Bernhardt to head Interior

WASHINGTON (Reuters) - President Donald Trump said on Monday he would nominate David Bernhardt, a former energy lobbyist, to be secretary of the interior, the department that oversees U.S. public lands.

Wall Street ekes out gains ahead of Singapore summit

NEW YORK: All three major U.S. stock indexes closed slightly higher on Monday as investors eyed the looming United States-North Korea summit on Tuesday in Singapore while shrugging off the weekend's factious meeting of the Group of Seven nations.

Sempra Energy to buy Oncor for US$9.45bil

BENGALURU: Sempra Energy said it will buy Oncor for US$9.45bil in cash after Energy Future Holdings Corp, which indirectly owns Oncor, abandoned a deal to sell the power transmission company to Warren Buffett’s Berkshire Hathaway Inc.

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