Energy Update
June 19 (Reuters) - A tropical depression formed over the
southwestern Gulf of Mexico on Sunday and was expected to
develop into a tropical storm within 24 hours or less before
moving over eastern Mexico and the city of Veracruz on Monday.
ABUJA, June 19 (Reuters) - Nigerian President Muhammadu
Buhari arrived back in the capital Abuja on Sunday after a
nearly two-week stay in Britain where he had treatment for an
ear infection and a holiday.
PARIS, June 19 (Reuters) - French CGT union workers have
suspended a four-week strike at the Fos-Lavera oil terminal in
southern France, a union official told Reuters on Sunday.
ABUJA, June 19 (Reuters) - Nigerian President Muhammadu
Buhari arrived back in the capital Abuja on Sunday after a
nearly two-week stay in Britain where he had treatment for an
ear infection and a holiday, a Reuters witness said.
DUBAI, June 19 (Reuters) - Shares in Abu Dhabi banks soared
on Sunday after National Bank of Abu Dhabi (NBAD) and
First Gulf Bank (FGB) confirmed they were in merger
talks. Other Gulf stock markets were mixed while an interest
rate increase dragged Egypt down.
CAIRO, June 19 (Reuters) - Egypt's Suez Canal Authority has
set new toll rates for oil tankers as part of a six-month
experiment that came into effect on Thursday, it said on its
website.
BENGHAZI, Libya, June 19 (Reuters) - Libya's U.N.-backed
unity government condemned an attack by a newly-formed militia
group on eastern military forces close to key oil facilities, as
clashes resumed on Sunday for a second day.
FRANKFURT, June 19 (Reuters) - German cement producer
Heidelbergcement said on Sunday it had obtained all
competition approvals for closing its merger deal with peer
Italcementi after reaching an agreement with the U.S.
Federal Trade Commision (FTC).
JOHANNESBURG, June 19 (Reuters) - Eskom hailed a milestone
in its efforts to overcome South Africa's chronic electricity
shortages on Sunday, saying it had linked up the last of four
units at its new Ingula hydro-electric power plant to the grid.
LUANDA, June 18 (Reuters) - Human rights activist Rafael
Marques has asked Angola's Attorney General to revoke the
appointment of Isabel dos Santos as head of Sonangol, accusing
the president of acting unconstitutionally by putting his
daughter in charge of the state energy firm.
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