Energy Update
May 14 (Reuters) - Hundreds of climate change activists in
Washington state and New York mobilized on Saturday as part of a
global protest against fossil fuels, event organizers said.
ABUJA, May 14 (Reuters) - Nigeria's President Muhammadu
Buhari needs to address grievances in the Delta region where
militants have been blowing up oil pipelines in a conflict that
has become a "major concern", a senior British official said on
Saturday.
DUBAI, May 14 (Reuters) - India has approached Turkey's
Halkbank to faciliate the payment of $6.5 billion to
Iran, which it owes for crude oil imports, Iran's Fars news
agency quoted India's ambassador to Tehran as saying on
Saturday.
BUENOS AIRES, May 14 (Reuters) - Argentina has agreed to pay
$217 million to two energy companies in long-standing
arbitration cases stemming from its 2001/02 economic crisis,
part of the center-right government's efforts to lure back
foreign investors.
DUBAI, May 14 (Reuters) - Kuwait's deputy foreign minister
Khaled Jarallah said oil exporting countries must freeze
production and the market could not support a production
increase from Iran, state news agency KUNA reported on Saturday.
BEIJING, May 14 (Reuters) - China, the world's
fourth-largest oil producer, pumped 5.6 percent less crude
year-on-year in April, official data showed, as oil firms
struggled with cost pressures with crude prices hovering around
$40 a barrel.
BEIJING, May 14 (Reuters) - China produced 268 million
tonnes of coal in April, down 11 percent on the year, the
National Bureau of Statistics said on Saturday, with producers
cutting back in a concerted effort to shore up prices.
BEIJING, May 14 (Reuters) - China's April natural gas
production rose 5.6 percent over the same year-ago level to 10.6
billion cubic metres, according to data released by the National
Bureau of Statistics on Saturday.
BEIJING, May 14 (Reuters) - China generated 444.4 billion
kilowatt-hours of power in April, down 1.7 percent compared with
the same period of last year, figures from the National Bureau
of Statistics showed on Saturday.
BEIJING, May 14 (Reuters) - China produced 268 million
tonnes of coal in April, down 11 percent on the year, the
National Bureau of Statistics said on Saturday, with producers
cutting back in a concerted effort to shore up prices.
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