Energy Update
PARIS, June 9 (Reuters) - Countries waging a regional fight against the Nigerian Islamist militant group Boko Haram will take significant steps towards establishing a joint task force when they meet on Thursday in Abuja, Benin's president said.
KUALA LUMPUR, June 9 (Reuters) - Malaysian state investment fund 1MDB is likely to abort plans for a $3 billion IPO of its power unit and focus on an outright sale of its energy assets, three people with direct knowledge of the deal said on Tuesday.
NEW YORK/MEXICO CITY, June 9 (Reuters) - Almost a year after Mexico opened its energy market to private investors, North American firms are rushing south to decide which pipeline or power plant to invest in.
BAGHDAD, June 9 (Reuters) - Iraq paid the autonomous Kurdistan region only around half its monthly share of the national budget in May as part of other spending cuts, the Iraqi finance minister said on Tuesday, potentially putting further strain on an oil exports deal.
KUALA LUMPUR, June 9 (Reuters) - Malaysia will protest against what it said was the intrusion of a Chinese coast guard ship into its waters north of Borneo, the Wall Street Journal reported, in another departure from the country's soft approach to the South China Sea dispute.
NUSA DUA, Indonesia, June 9 (Reuters) - Coal prices in Asia are already at levels that have forced some producers to curb supply and are unlikely to fall more than another $10, industry officials said on Tuesday.
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