Energy Update
DUBAI, May 29 (Reuters) - Kuwait National Petroleum Company
(KNPC) is in final stages of talks with international
institutions for $6.4 billion in the second tranche of loans to
finance its multi-billion dollar Clean Fuels project, state news
agency KUNA reported on Sunday.
MOSCOW, May 29 (Reuters) - Russian Energy Minister Alexander
Novak believes that it is too early to write off OPEC despite
internal differences within the group, he said on the ministry's
Twitter feed, days before the organisation meets to discuss its
production policy.
ABUJA, May 29 (Reuters) - Nigeria's government will continue
a crack down on militants attacking oil pipelines in the Delta
but also talk to leaders in the region to address their
grievances, President Muhammadu Buhari said on Sunday.
PARIS, May 29 (Reuters) - French Prime Minister Manuel Valls
is determined not to join a long list of politicians who have
conceded defeat to protesters, he told the Journal Du Dimanche
(JDD) newspaper, as the government prepares to dig in its heels
on labour reform.
DUBAI, May 29 (Reuters) - Moderate conservative Ali Larijani
was re-elected on Sunday as the temporary speaker of Iran's new
parliament which is dominated by first-term deputies.
PARIS, May 29 (Reuters) - A plan to overhaul labour rules is
crucial to proving France's ability to reform, and the
government will stand by it despite street protests and refinery
blockades, Finance Minister Michel Sapin said in an interview.
PARIS, May 28 (Reuters) - France's fuel supply crisis is not
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out protests at ports and fuel depots by strikers opposed to
labour reform plans.
MOSCOW, May 28 (Reuters) - Russian Energy Minister Alexander
Novak said on Saturday he was not planning to take part in an
OPEC meeting in Vienna in June, RIA news agency reported.
PARIS, May 28 (Reuters) - France's fuel supply crisis is not
yet over, the transport minister warned on Saturday, while Prime
Minister Manuel Valls was quoted as saying he was ready to ride
out protests at ports and fuel depots by strikers opposing
labour reform plans.
YENAGOA, Nigeria, May 28 (Reuters) - Militants attacked the
major Nembe pipeline in Nigeria's Delta region, two officials
said on Saturday, hours after the Niger Delta Avengers militants
claimed a strike on the facility.
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