Energy Update
YENAGOA, Nigeria May 21 (Reuters) - Former militants called
for a halt to a resurgence of attacks on oil and gas facilities
in Nigeria's southern Niger Delta, saying it is an unnecessary
distraction for President Muhammadu Buhari's administration.
MADRID, May 21 (Reuters) - Spanish state-owned train
operator Renfe will have to restart an auction for a
contract to supply up to 30 high speed trains, El Pais reported
on Saturday, after a court ruled against a clause favouring
trains made in Spain.
NEW DELHI, May 21 (Reuters) - Indian refiners have cleared
part of the $6.4 billion owed to Iran for crude oil imports in
euros through Turkey's Halkbank, three sources privy
to the payment said on Saturday.
BAGHDAD, May 21 (Reuters) - At least four people were killed
and 90 injured among anti-corruption protesters who stormed
Baghdad's heavily fortified Green Zone on Friday, hospital
sources said on Saturday.
CALGARY, May 20 (Reuters) - `Evacuees returning to the
charred Canadian oil sands city of Fort McMurray next month may
have to contend with black bears who have been prowling the
streets in search of food.
ABUJA/ONITSHA, Nigeria, May 20 (Reuters) - Nigeria's
President Muhammadu Buhari on Friday said he ordered a
heightened military presence in the restive Niger Delta region
to deal with a resurgence of attacks on oil and gas facilities,
a day after yet another pipeline explosion.
CHICAGO, May 20 (Reuters) - Bankrupt coal producer Peabody
Energy Corp said in a court filing Friday it
believes its long-term debt should be included in its current
liabilities, a position that favors unsecured creditors to the
tune of $1 billion.
VANCOUVER, May 20 (Reuters) - Canadian aboriginal groups and
their allies said on Friday they have the power to block
proposed oil pipelines on land where they have proven title,
dismissing comments by Prime Minister Justin Trudeau who said no
community has a veto.
NEW YORK, May 20 (Reuters) - Out-of-control wildfires that
have consumed over a million acres of land in Canada's Alberta
are costing oil companies as much as $50 million a day in lost
production, according to analysts.
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