Asia Oil Futures Slip as OPEC Deal Doubts Deepen

Oil futures eased in Asian trade Monday, as fresh doubts emerged over the prospect of a production cut by the Organization of the Petroleum Exporting Countries. (published 0350 GMT)

Igas Energy Confirms Talks With Trans European Over Asset Sales

Igas Energy PLC said Monday it is in talks with bondholder Trans European Oil & Gas over a proposed sale of the company's conventional assets. (published 0718 GMT)

OPEC Fails to Finalize Proposal to Implement Production Cut

A weekend marathon of talks between major oil producers failed to finalize plans to implement an output cut, threatening the viability of an agreement reached last month to reduce production between by as much as 2%. (published 1850 GMT Saturday)

GE NearsDeal to Combine Oil-and-Gas Business With Baker Hughes -- Update

General Electric Co. is nearing a roughly $30 billion deal to combine its oil-and-gas business with Baker Hughes Inc., creating an energy powerhouse that would give GE a cost-effective way to play any recovery in the industry. (published 0335 GMT)

China Shenhua Energy 9-Month Net Profit CNY18.65 Billion

China Shenhua Energy Co. reported a 2.4% decline in net profit for the first nine months on weak coal prices. (published 0058 GMT)

Chevron Lifts Cost Estimate for Australian LNG Project

Chevron Corp. has flagged a US$5 billion cost blowout at the under-construction Wheatstone gas-export facility, a further blow after the overrun and delays seen at the energy company's other large gas project in Western Australia. (published 0044 GMT)

Origin Energy Sales Revenue Jumps on Higher Production

Origin Energy Ltd. one of Australia's largest combined energy generators and retailers, notched up sharp jump in sales revenue as output continued to ramp up at its gas-export project on Australia's east coast. (published 2236 GMT Sunday)

(END) Dow Jones Newswires

October 31, 2016 04:14 ET (08:14 GMT)

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