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Italy, Libya to work together on migration, renewable energy: PMs

Italy and Libya will work together on illegal immigration and renewable energies, Prime Minister Mario Draghi and Libyan Prime Minister Abdul Hamid Dbeibah told reporters at a joint press conference after meeting here on Monday. ....

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Mexican judge freezes price rule changes due to benefit Pemex

2 Min Read
FILE PHOTO: Tanker trucks of Mexican state oil firm Pemex s are pictured at Cadereyta refinery, in Cadereyta, on the outskirts of Monterrey, Mexico April 20, 2020. REUTERS/Daniel Becerril
MEXICO CITY (Reuters) - A judge provisionally suspended modifications to Mexico’s hydrocarbons law that were intended to eliminate asymmetric price regulations against state oil company Petroleos Mexicanos (Pemex), court documents showed on Monday.
The modifications are part of President Andres Manuel Lopez Obrador’s efforts to roll back the previous government’s liberalization of the energy market, which aimed to increase private investment in the industry and boost competition.
The asymmetric regulation, which was contained in a transitory article in the hydrocarbons law, sought to offset Pemex’s dominant power in the market for oil and gas products and fuels. Congress removed the curbs in late April. ....

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Jury still out on return of Iranian barrels, Saudi Arabia's oil minister says

Tehran, which resumed negotiations with the US to reinstate its nuclear deal, is looking to conclude talks before its presidential elections begin on June 18.
Opec+, which is headed by Saudi Arabia and Russia, will gradually return 2 million barrels a day (mb/d) of the adjustments to the market, with the pace being determined according to market conditions , the group said in a communique on Tuesday.
The group said conformity to its current levels of production cuts reached 114 per cent in April.
Following the meeting, Brent, the international benchmark, surged 2.76 per cent to reach $71.23 per barrel at 6.32pm UAE time. The benchmark rallied to levels last seen in May 2019 on expectations of tighter demand. ....

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More grants given out from Viking Energy community fund

PROJECTS from Unst to Fair isle have received grants from the latest round of payments from the Viking Energy community benefit fund. In Fair Isle the local development company is to receive £1,500 towards buying a fuel bowser and trailer which will allow fuel deliveries around. ....

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Welcome To IANS Live - NATION - Good nutrition practices Vs fad diets for weight Loss

Every organism in the animal kingdom is attuned to eating as per its habitat and that order is seldom disturbed, except in human beings who are perpetually pursuant of some magical formula so they can get into a certain shape and form. So this urgency of ....

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