May 25 (Bloomberg) — Contact Energy Ltd. , New Zealand’s biggest publicly traded power generator, won its bid to delay hearings into a proposed NZ$1 billion ($620 million) wind farm by a year.

Source: www.bloomberg.com

May 24 (Bloomberg) — There is a “50 percent chance” OPEC will cut production quotas this week as the group seeks to reduce excess supply, a move that could help crude prices rise to more than $70 a barrel, Libya’s top oil official said.

Source: www.bloomberg.com

Iran says oil price misleading, OPEC needs to cutIran says oil price misleading, OPEC needs to cut

Source: economictimes.indiatimes.com