Energy Update

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SINGAPORE, June 1 (Reuters) - Iran has deferred at least one
of its fuel oil loadings for June to Asia, according to a trade
source with direct knowledge of the matter.

VIENNA, June 1 (Reuters) - Venezuelan energy minister
Eulogio Del Pino said on Wednesday OPEC has a de facto oil
output freeze as its overall production stood steady in the past
few months.

* Major Middle East producers ramp up output ahead of OPEC
meeting

SAO PAULO, June 1 (Reuters) - An appeals court ruling on
whether a Liberian mortgage is valid for a Brazilian-owned oil
production ship, due on Wednesday, could cast doubt on the
future of secured lending for such vessels in the world's
largest deepwater market.

BEIJING, June 1 (Reuters) - China is planning changes to the
way it handles oil reserves by allowing private companies to
build and operate some of its strategic stockpiles, while also
requiring companies to maintain compulsory inventories,
potentially boosting its future imports.

LAC LA BICHE, Alberta, June 1 (Reuters) - Thousands of
evacuees who fled a massive wildfire in the Canadian oil hub of
Fort McMurray are set to return home on Wednesday, though
concerns ranging from contaminated drinking water to insurance
claims linger as the city seeks to rebuild.

(Wed, 01 Jun 2016) Most of the uranium loaded into U.S. nuclear power reactors is imported. During 2015, owners and operators of U.S. nuclear power reactors purchased 57 million pounds of uranium. Nearly half of these purchases originated from two countries, Canada and Kazakhstan, providing 17 million pounds and 11 million pounds of uranium, respectively.

NUSA DUA, Indonesia, June 1 (Reuters) - Something has
changed in the coal industry.

BERLIN, June 1 (Reuters) - Chancellor Angela Merkel hammered
out the framework for a deal with state premiers on Wednesday on
reforms to Germany's renewable energy law aimed at curbing the
costs and controlling the speed of the future roll-out of green
power sources.

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