Energy Update
LONDON, Aug 28 (Reuters) - The head of EDF Energy
has urged the British government to approve the Hinkley Point C
nuclear power project, an explict appeal by the French energy
giant ahead of a decision due within weeks.
SYDNEY, Aug 28 (Reuters) - Australia's centre-left Labor
Party won a convincing vote in the Northern Territory election
on Saturday, a result that will likely add to existing
uncertainty over development of the region's onshore gas
industry and could ward off foreign investment.
CARACAS, Aug 27 (Reuters) - Venezuela and Iran continue to
seek consensus on ways to stabilize oil markets and strengthen
OPEC, Venezuelan President Nicolas Maduro said on Saturday,
following a meeting with Iranian Foreign Minister Mohammad Javad
Zarif.
YENAGOA, Nigeria, Aug 27 (Reuters) - Nigeria's military said
on Saturday it had launched a new offensive against militants in
the oil-producing Niger Delta, killing five and arresting 23.
DUBAI, Aug 27 (Reuters) - Iran has detected and removed
malicious software from two of its petrochemical complexes, a
senior military official said on Saturday, after announcing last
week it was investigating whether recent petrochemical fires
were caused by cyber attacks.
BAGHDAD, Aug 27 (Reuters) - Iraq is willing to play an
active role within OPEC to support oil prices, its oil minister
Jabar Ali al-Luaibi said on Saturday, without clarifying whether
it was prepared to back a possible agreement to freeze output.
PARIS, Aug 27 (Reuters) - Negotiations over milk purchase
prices between Europe's largest dairy group Lactalis and French
farmers collapsed late on Friday without an agreement, a union
official said.
SYDNEY, Aug 27 (Reuters) - Australian Prime Minister Malcolm
Turnbull said on Saturday it was imperative for Australia to cut
its high debt levels, urging newly elected opposition lawmakers
to support his economic reform agenda when parliament resumes
next week.
Aug 26 (Reuters) - Tropical Storm Lester has developed an
eye and is now a hurricane as it moved west in the Pacific Ocean
away from the mainland of Mexico, the National Hurricane Center
(NHC) said in an advisory on Friday.
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