Energy Update
LONDON, May 23 (Reuters) - Almost two-thirds of the advisory
firms who assist in stock exchange listings in London say they
are struggling to guide Chinese firms through the process, a
survey showed, in the latest sign of problems with such initial
public offerings.
Statoil has, on behalf of the Aasta Hansteen licence, decided to cancel the contract with Seadrill for the West Hercules drilling rig.
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 against reforms to labour laws.
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.
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