Energy Update
WASHINGTON, July 12 (Reuters) - The United States said on
Tuesday a court ruling that China has no historic title over the
waters of the South China Sea should be treated as final and
binding and not be a reason to raise tensions.
Wood Group has been awarded an extension to its master service agreement (MSA) contract with Apache in the North Sea.
WASHINGTON, July 12 (Reuters) - U.S. Democratic presidential
candidate Hillary Clinton said Tuesday she welcomes an
international tribunal's ruling denying China's claims in the
South China Sea, saying the waters were "critical" to the U.S.
economy.
July 12 (Reuters) - Valero Energy Corp said on
Tuesday it bought Kinder Morgan Inc's 50 percent stake
in Parkway Pipeline LLC, previously a joint venture between the
two companies.
July 12 (Reuters) - Valero Energy Corp bought the
remaining 50 percent stake in Parkway Pipeline LLC and said it
would gain increased access to eastern United States by
connecting the pipeline to Colonial Pipeline Co's Gulf
Coast-to-U.S. Northeast system.
MEXICO CITY, July 12 (Reuters) - Former Mexican electricity
official Enrique Ochoa is set to be ratified as head of Mexico's
ruling Institutional Revolutionary Party (PRI), the party said
on Tuesday.
HAVANA, July 12 (Reuters) - Cuba's 65,000-barrels-per-day
(bpd) Cienfuegos refinery will be partially shut for 120 days
this year due to maintenance and produce only minimum output, a
top official at Venezuelan state oil firm PDVSA said on Tuesday.
DUBAI/PARIS, July 12 (Reuters) - Iran said on Tuesday it had
reached an agreement with France to take part in a
multi-national nuclear fusion project, a year after it struck a
deal with six world powers to curb its own atomic programme.
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