Energy Update
ABUJA, Aug 1 (Reuters) - Nigeria's government has resumed
cash payments for former militants in the restive Niger Delta,
an official said on Monday, in a bid to end a wave a wave of
militant attacks on oil and gas facilities.
Aug 1 (Reuters) - About half of the oil that leaked from a
Husky Energy Inc pipeline into a western Canadian river
more than a week ago has been recovered, but there is no
immediate deadline for when the cleanup will conclude, officials
said on Monday.
HOUSTON, Aug 1 (Reuters) - BP Plc curtailed
production over the weekend on the 60,000 barrel-per-day (bpd)
reforming unit at the 413,500 bpd Whiting, Indiana, refinery for
repairs, sources familiar with plant operations said on Monday.
MILAN, Aug 1 (Reuters) - Italian oil refiner Saras
has paid back 100 million euros ($112 million) of the debt it
owes Iran for cargoes of crude oil taken before sanctions were
imposed on the country in 2012, the company's managing director
said on Monday.
DUBAI, Aug 1 (Reuters) - Kuwait is to increase the prices of
gasoline by as much as 73 percent from September, showing how
the oil price slump is affecting the energy-rich Gulf state's
finances.
The Swiss team behind the record-breaking Solar Impulse round-the-world flight in a plane that used no fuel said they will press on with plans for drones powered by the sun’s rays.
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