Energy Update
ABUJA, June 8 (Reuters) - A Nigerian militant group has
rejected an offer to start talks with the government to end a
series of attacks on oil facilities, a statement said on
Wednesday.
PRAGUE, June 8 (Reuters) - Czech coal miner OKD, the
insolvent unit of New World Resources (NWR) ,
urgently needs a state loan of up to 1 billion crowns ($42.1
million) to keep operating, Industry Minister Jan Mladek said on
Wednesday.
June 8 (Reuters) - Britain's energy market regulator Ofgem
said that it was consulting on National Grid Plc's
request to recover the rising costs of two contracts for grid
services that it agreed with SSE Plc and Drax Group Plc
.
BRUSSELS, June 8 (Reuters) - Growth in natural gas demand
will slow to an average 1.5 percent a year globally through
2021, as stagnation in Europe and uncertainty about Chinese
consumption offsets robust growth in India, the International
Energy Agency (IEA) said on Wednesday.
NAIROBI, June 8 (Reuters) - A nationwide blackout that hit
Kenya on Tuesday was caused by a monkey tripping a transformer
at a hydropower plant, leading to the loss of more than 180
megawatts from the grid, power producer Kenya Electricity
Generating Company (KenGen) said.
(Wed, 08 Jun 2016) While evacuees from the ongoing fires in Fort McMurray have begun to return to the city, a state of emergency remains in place throughout Alberta, Canada, and the temporary shutdown of the area's oil sands production sites continues. EIA estimates that disruptions to oil production averaged about 0.8 million barrels per day (b/d) in May, with a daily peak of more than 1.1 million b/d.
CARACAS, June 7 (Reuters) - Venezuelan President Nicolas
Maduro announced on Tuesday the creation of a ministry devoted
just to mining, as the OPEC nation pushes to develop untapped
mineral resources to diversify away from the oil industry, which
provides nearly all its foreign exchange.
WASHINGTON, June 7 (Reuters) - Indian Prime Minister
Narendra Modi said on Tuesday that his country's India's planned
purchase of six nuclear reactors from Toshiba Corp's
Westinghouse Electric would mark a mark new era in nuclear and
scientific cooperation with the United States.
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