Energy Update
AMSTERDAM, June 3 (Reuters) - The Netherlands will be
allowed to import up to 20 percent more electricity from
neighbouring Germany starting on June 4, the country's market
regulator said on Friday.
MOSCOW, June 3 (Reuters) - The outcome of the Thursday's
meeting of the Organization of the Petroleum Exporting Countries
in Vienna won't have any impact on global oil prices, Russian
Deputy Prime Minister Arkady Dvorkovich was quoted as saying on
Friday.
SINGAPORE, June 3 (Reuters) - The Niger Delta Avengers
militant group said on Thursday through social media that it had
blown up a third crude pipeline in Nigeria's Bayelsa state in
the Delta area.
MOSCOW, June 3 (Reuters) - A fire broke out at a coal mine
in Russia's southern Siberian region of Kemerovo on Friday and
more than 50 miners were still underground, Russian news
agencies quoted a source in local emergencies services as
saying.
MUNICH, June 2 (Reuters) - BMW has transformed its
"i" division into a development centre for self-driving cars, a
board member told Reuters, a major strategic shift for the unit
previously focused on making a family of lightweight electric
vehicles.
For years global oil majors have brushed off speculation that an imminent peak in global oil reserves spells the beginning of the end of the hydrocarbon age.
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