Oil Futures Pause in Asia as Traders Await OPEC News

Oil futures stalled in Asia trading hours Wednesday, as traders await further updates ahead of the upcoming meeting of the Organization of the Petroleum Exporting Countries next week. (published 0331 GMT)

Eland Oil & Gas: Opuama 3-Well Produces Oil; Eyes on Export Solution

Nigeria-focused oil and gas producer Eland Oil & Gas PLC said Wednesday that the $2.3 million reworked Opuama-3 well produced 11,000 barrels of oil a day during testing and that further material increases in output from the OML 40 license will depend on finding an alternative export method given the continued pipeline shutdown. (published 0738 GMT)

JKX Oil & Gas Increases Oil, Gas Output by 2.4% in October

Ukraine and Russia-focused oil and gas producer JKX Oil & Gas PLC said Wednesday it produced 2.4% more oil and gas in October on a daily basis than the previous month. (published 0738 GMT)

Malaysia's Bumi Armada Posts 3Q Net Loss Versus Profit a Year Ago

Malaysia's oil and gas services firm, Bumi Armada Bhd., said Wednesday it posted a net loss of 96.71 million ringgit in the third quarter ended September against a net profit of MYR69.99 million a year ago. (published 0354 GMT)

Exxon Reports Fire With Injuries at Louisiana Refinery

Exxon Mobil Corp. said a small fire broke out Tuesday afternoon at its refinery in Baton Rouge, Louisiana, injuring four workers. (published 2346 GMT Tuesday)

Iran and Iraq Stumbling Blocks to OPEC Production Cut -- Update

Iran and Iraq emerged as major stumbling blocks to an OPEC agreement on reducing crude-oil output, as cartel members gathered ahead of their official meeting to tackle the thorny puzzle of how to share the pain of reducing their production (published 2230 GMT Tuesday)

(END) Dow Jones Newswires

November 23, 2016 03:15 ET (08:15 GMT)

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