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India approaches Halkbank to handle oil payment to Iran - Fars

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.

Argentina agrees $217 mln arbitration deal with energy companies

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.

Kuwait deputy FM says Iran, oil producers must not increase production

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.

UPDATE 1-China April crude oil output lowest since July 2013

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.

UPDATE 1-China April coal output down 11.0 pct on year - stats bureau

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.

China April natural gas output up 5.6 pct on year - stats bureau

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.

China April power output -1.7 pct on yr at 444.4 bln kWh - stats bureau

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.

China April coal output down 11.0 pct on year - stats bureau

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.

China April crude oil output down 5.6 pct on yr - stats bureau

BEIJING, May 14 (Reuters) - China's April domestic crude oil
production fell 5.6 percent on year to 16.59 million tonnes,
according to data released by the National Statistical Bureau on
Saturday.

UPDATE 1-U.S. concern grows over possible Venezuela meltdown -officials

WASHINGTON, May 13 (Reuters) - The United States is
increasingly concerned about the potential for an economic and
political meltdown in Venezuela, spurred by fears of a debt
default, growing street protests and deterioration of its oil
sector, U.S. intelligence officials said on Friday.

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