NEW YORK/YENAGOA, Nigeria, May 19 (Reuters) - Nigeria's oil
production showed further signs of strain on Thursday as
intruders blocked access to Exxon Mobil's terminal
exporting Qua Iboe, the country's largest crude stream.
Companhia Energetica de Minas Gerais (Cemig) of Brazil recently released its first quarter earnings and revealed it has already spent almost half of its forecast investment total for 2016, spending BRL2.15 billion (US$610 million) from January to March, according to BNamericas.
The Obama administration tried to strike a cautious compromise Wednesday in setting quotas for a controversial renewable fuels program that pits Big Oil against Corn Belt interests. The Environmental Protection Agency (EPA) proposed compelling refiners to blend 18.8 billion gallons of biofuel into the U.S. gasoline and diesel supply next year.
* Prospect of U.S. Fed rate hike puts pressure on
commodities
PARIS, May 19 (Reuters) - The French government will remain
a long-term shareholder in the merged Technip-FMC group and sees
as important that it keeps a strong French presence, a source at
the economy ministry said on Thursday.
KHARTOUM, May 19 (Reuters) - Sudan will not seek to renew
the mandate for the international peacekeeping mission in Darfur
in June as it believes the insurgency there is winding down and
civilians are safe, its foreign minister said on Thursday.
TORONTO, May 19 (Reuters) - Canada's main stock index fell
on Thursday to a one-week low, including losses for energy and
financial stocks as Federal Reserve interest rate hike
speculation weighed on commodity prices.
CALGARY, Alberta, May 19 (Reuters) - Firefighters battling a
wildfire that has threatened oil sands facilities north of Fort
McMurray, Alberta, looked to cooler weather, a change in winds
and the promise of rain to help them on Thursday.
DUBAI, May 19 (Reuters) - Middle East stock markets lost
ground on Thursday after oil prices retreated and global equity
prices fell on speculation the United States might raise
interest rates as early as June.
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