Energy Update
SINGAPORE, June 3 (Reuters) - The Niger Delta Avengers
militant group said on Thursday through social media that it had
blown up a third crude pipeline in Nigeria's Bayelsa state in
the Delta area.
MOSCOW, June 3 (Reuters) - A fire broke out at a coal mine
in Russia's southern Siberian region of Kemerovo on Friday and
more than 50 miners were still underground, Russian news
agencies quoted a source in local emergencies services as
saying.
MUNICH, June 2 (Reuters) - BMW has transformed its
"i" division into a development centre for self-driving cars, a
board member told Reuters, a major strategic shift for the unit
previously focused on making a family of lightweight electric
vehicles.
For years global oil majors have brushed off speculation that an imminent peak in global oil reserves spells the beginning of the end of the hydrocarbon age.
(Fri, 03 Jun 2016) Although pipelines, tankers, and barges are widely used to transport liquid fuels to, from, and within the United States, several types of liquid fuels, including crude oil, ethanol, and biodiesel, are transported by rail in large volumes. EIA recently expanded its rail data for crude oil, ethanol, and biodiesel to provide monthly data going back to January 2010.
NEW YORK, June 3 (Reuters) - U.S. diesel futures have
soared about 40 percent in the last two months, prompting
independent refiners to pounce, selling future output on the
view that resurgent domestic demand and higher exports may turn
out to provide only a brief boost.
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