Energy Update
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.
BRASILIA, June 18 (Reuters) - The Brazilian government plans
to transfer 2.9 billion reais ($849 million) in emergency funds
to the state of Rio de Janeiro to pay for infrastructure and
security during the Olympic Games, a government official told
Reuters on Saturday.
BELGRADE, June 18 (Reuters) - China sought to strengthen its
economic presence in central and eastern Europe on Saturday by
signing 22 agreements on finance and infrastructure with Serbia.
SAO PAULO, June 17 (Reuters) - Brazil's Environment Ministry
fined mining company Samarco 142 million reais ($41.6 million)
for damages to three protected areas resulting from a tailings
dam burst in November, the ministry said on Friday.
Soybean exports typically start rising out of South America in the second quarter and peak in June and July as the new harvest comes down to ports.
According to shipping sources, India's continuous appetite for ex-US Gulf petcoke has been due to a lack of available stems in other exporting markets, such as Saudi Arabia.
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