Energy Update
ABUJA, May 22 (Reuters) - A Nigerian union that defied a
court ban to launch a general strike in protest at a hefty
increase in fuel prices has suspended the industrial action
after five days, its president said on Sunday.
YENAGOA, Nigeria, May 22 (Reuters) - A crude oil pipeline in
Nigeria's southern state of Bayelsa operated by the local
subsidiary of Italy's Eni was attacked on Sunday, the
Nigeria Security and Civil Defence Corps (NSDC) said.
KHARTOUM, May 22 (Reuters) - The United Nations said on
Sunday that Sudanese authorities had declined to renew a permit
for the head of its humanitarian coordination office in
Khartoum, Ivo Freijsen, saying he was being effectively expelled
from the country.
YENAGOA, Nigeria, May 22 (Reuters) - A crude oil pipeline in
Nigeria's southern state of Bayelsa operated by the local
subsidiary of Italy's Eni was attacked on Sunday, the
Nigeria Security and Civil Defence Corps (NSDC) said.
PARIS, May 22 (Reuters) - Prime Minister Manuel Valls said
on Sunday France had enough fuel reserves to tackle shortages at
hundreds of gas stations caused by workers blocking oil
refineries and depots in protest at an unpopular labour reform.
DUBAI, May 22 (Reuters) - Stock markets in the Gulf fell on
Sunday as investors took profits, taking their cue from a dip in
Brent oil futures at the end of last week, while
concerns over security risks put pressure on Egyptian shares.
JERUSALEM, May 22 (Reuters) - Israel has approved a deal it
hopes will fast-track development of the huge Leviathan offshore
natural gas field and end years of regulatory uncertainty that
has stifled the country's nascent oil and gas industry.
ABU DHABI, May 22 (Reuters) - Thousands of layoffs at
state-linked companies in Abu Dhabi are a fresh sign the Gulf's
wealthy oil states are hunkering down for a long period of
austerity as low crude prices pressure their economies.
May 21 (Reuters) - An experimental airplane powered solely
by energy from the sun landed in Ohio on Saturday night on the
latest leg of its historic bid by pilots and developers to fly
around the globe without a drop of fuel.
CARACAS, May 21 (Reuters) - The United States "dreams of
dividing" a "Chavista" military fiercely loyal to Venezuela's
socialist government, president Nicolas Maduro said on Saturday,
as the military comes under scrutiny in the crisis-gripped OPEC
nation.
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