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US corn belt senators accuse Government of setting biofuels mandate too low

The US Renewable Fuel Standard’s inevitable day in court got a preview airing the week ending June 19th, as Corn Belt senators accused the Obama administration of illegally setting the 2014, 2015 and 2016 volumes below statutory levels.

U.S. crude oil production growth helps Gulf Coast imports

(Mon, 22 Jun 2015) In recent years, higher domestic production of light, tight crude oil has led to a reduction in crude oil imports. Certain types of crude oil have been affected more than others; for example, the increased economic availability of domestic light, tight crude oil has virtually eliminated Gulf Coast imports of light crude oil.

Energy Transfer Equity confirms bid for Williams Co

June 22 (Reuters) - Energy Transfer Equity LP, a portfolio company that owns energy assets, said it has made an all-equity offer of $53.1 billion, including debt, to merge with Williams Companies Inc.

UPDATE 2-Williams Co rejects $48 bln unsolicited offer

June 21 (Reuters) - Natural gas pipeline company Williams Companies Inc said on Sunday it is exploring strategic options after it received an unsolicited takeover proposal for $64 per share or $48 billion.

Venezuela state-oil firm, Rosneft plan natural gas joint venture

CARACAS, June 21 (Reuters) - Venezuelan state oil company PDVSA said on Sunday it had signed a raft of investment agreements with top Russian oil producer Rosneft, including a plan to create a joint venture to produce natural gas in the South American country.

UPDATE 2-Nigeria's Buhari advised to end fuel subsidy - sources

ABUJA, June 21 (Reuters) - Nigeria's new president, Muhammadu Buhari, has been advised by his transition committee to end a fuel subsidy programme and privatise Nigeria's four refineries, senior sources in his party told Reuters on Sunday.

Nigeria's Buhari advised by transition committee to end fuel subsidy - sources

ABUJA, June 21 (Reuters) - Nigeria's new president, Muhammadu Buhari, has been advised to end a fuel subsidy programme and privatise Nigeria's four refineries in a report by his transition committee, senior sources in his party told Reuters on Sunday.

Syria fuel shortages due to rebel infighting threaten lives - MSF

AMMAN, June 21 (Reuters) - Disruption of fuel supplies due to fighting between rebel groups in northern Syria is threatening the closure of hospitals and paralysing the work of ambulances and rescue services, an international medical charity said on Sunday.

Kuwaiti activist sentenced to 3 years for insulting emir - newspapers

KUWAIT, June 21 (Reuters) - A Kuwaiti court sentenced a prominent female human rights activist to three years in jail on charges of insulting the country's ruler on Sunday, newspapers in the country reported.

Brussels says blocked Russian accounts being unfrozen

BRUSSELS, June 21 (Reuters) - Russian state accounts frozen in Belgium to cover a court settlement compensating shareholders in defunct oil company Yukos are in the process of being unblocked, Belgium's foreign minister said.

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