Energy Update
YENAGOA, Nigeria June 4 (Reuters) - A militant group that
has claimed responsibility for several attacks on Nigeria's oil
infrastructure urged other groups on Saturday not to attack
soldiers or kidnap people.
June 4 (Reuters) - Fire crews have extinguished a fire that
raged in Oregon after a Union Pacific Corp train
carrying crude oil derailed on Friday and burst into flames, the
Federal Rail Administration said.
RIYADH, June 4 (Reuters) - The United Arab Emirates (UAE)
President Sheikh Khalifa bin Zayed al-Nahyan has left the
country for a private trip abroad, state news agency WAM
reported on Saturday, a rare report on the leader's movements
since he suffered a stroke in 2014.
ISTANBUL, June 4 (Reuters) - Turkish energy company Unit
International has reached a $4.2 billion deal with Iran's energy
ministry to build seven natural gas power plants there, in what
it said was the biggest investment in Iran since the lifting of
sanctions.
SEOUL/HONG KONG, June 4 (Reuters) - The starting date for an
overseas investor roadshow for Hotel Lotte Co Ltd's
proposed $4.8 billion initial public offering has been
"adjusted", a spokesman for South Korea's Lotte Group said on
Saturday, without giving a reason.
SEOUL, June 4 (Reuters) - The starting date for an overseas
investor roadshow for Hotel Lotte's proposed $4.8 billion
initial public offering has been "adjusted", a spokesman for
South Korea's Lotte Group said on Saturday.
June 3 (Reuters) - A Union Pacific train carrying crude oil
derailed and caught fire outside Portland, Oregon, on Friday,
forcing the closure of an interstate highway and evacuation of a
school in the first rail accident involving crude in a year.
CHICAGO, June 3 (Reuters) - A coalition of U.S.
environmental groups said Arch Coal's plan to emerge
from bankruptcy fails to describe how the coal producer would
finance its mine clean-up obligations, according to a court
filing.
June 3 (Reuters) - Ratings agency Moody's downgraded
oilfield service providers Halliburton Co and Baker
Hughes Inc, about a month after a deal between the two
companies was torpedoed by opposition from U.S. and European
antitrust regulators.
BERLIN, June 3 (Reuters) - Lockheed Martin Corp, the
largest U.S. arms maker and parent of Sikorsky, has begun to
study the possibility of selling commercial helicopters to Iran,
but said the market may be small and the company still needed
guidance from the U.S. government.
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