News From ShrutiSuresh

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  Iran’s Rouhani calls for unity to face ‘unprecedented’ U.S. pressure

  Trump increased economic and military pressure on Iran, moving to cut off all Iranian oil exports this month while beefing up the U.S. Navy and Air Force presence in the Gulf

• Credit agencies must be responsible in Pemex reviews – energy minister

  

• Poland’s Tauron considers selling some coal mines

  

• Trade war cuts U.S. liquefied natural gas exports to China

  

• Drop in hydropower weighs on French renewables output in Q1

  

• Aquila Capital fund to raise cash for renewables investment via London IPO

  

• London court orders asset freeze for Russia’s Antipinsky oil refinery

  

• Poland says no threat to oil product supply despite pipeline halt

  

• Iran sent oil shipment to Syria, easing fuel crisis

  

More from ShrutiSuresh

• Germany not receiving Druzhba oil, but managing

  The refinery industry represented by the Mineraloelwirtschaftsverband in Berlin was able to keep flows of mineral oil products to consumers intact for the time being

  

• ONGC sells Russian Sokol crude at highest premium since 2014

  Global oil supplies have tightened after U.S. imposed sanctions on oil exports from Iran and Venezuela and as Russia struggles with oil contamination issues

  

• How Total’s CEO pounced on Anadarko’s African energy assets

  Patrick Pouyanne pounced after Occidental Corp trumped Chevron’s $33 billion bid for Anadarko in April with an offer that includes raising financing by selling some of Anadarko’s operations worth up to $15 billion

  

• Britain concerned by Turkey’s intention to drill off Cyprus

  Turkey and the internationally recognised Greek Cypriot government have overlapping claims of jurisdiction for offshore oil and gas research in the eastern Mediterranean, a region thought to be rich in natural gas

  

• Hungary’s freed crude oil reserves enough for two months: Ministry

  Oil shipments from Russia via the Druzhba pipeline were halted last month because of contaminated crude

  

• Czech government could release more oil reserves for Unipetrol

  Unipetrol, part of Polish group PKN Orlen, was granted access to state reserves at the end of April

  

• Global Power Synergy to buy power project from Thai Oil for $757 mn

  The move by state-owned PTT Pcl’s energy unit Global Power Synergy is the latest in a string of deals to buy power-generating assets

  

• US has seized North Korean coal vessel that was accused of violating sanctions

  The ship, which was first confiscated by other foreign maritime authorities in April 2018, is now in the possession of the United States and is currently approaching U.S. territorial waters, a Justice Department official said

  

• Oil gains despite mounting US-China trade tensions

  China on Friday said it “deeply regrets” the U.S. move, adding that it would take necessary countermeasures, without elaborating

  

• Renewable revolution: Danish isle eyes fossil fuel-free future

  The 21 turbines have brought Samso international environmental acclaim – not only do they cover all local electricity needs, they also offset planet-warming emissions from fossil fuel use in transport, farm equipment and buildings

  

• Montenegro power utility EPCG’s first quarter profit down 66.5 per cent to $12 mn

  The utility said its revenue fell 1.4 percent to 90.4 million euros while costs jumped 31.7 percent to nearly 80 million euros compared to Jan.-March 2018

  

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