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Speculators boost U.S. natgas net longs -CFTC

May 13 (Reuters) - U.S. natural gas speculators boosted net
long positions for the first week in three, betting prices will
rise as production eases and demand picks up, absorbing some of
the record amount of fuel left in inventories after a warm
winter.

UPDATE 3-Canada's Trudeau tours Alberta oil town ravaged by wildfire

BONNYVILLE, Alberta, May 13 (Reuters) - Canadian Prime
Minister Justin Trudeau, getting a first-hand look at the damage
from a devastating wildfire, praised firefighters on Friday for
defending the energy hub of Fort McMurray.

UPDATE 3-Trump resists releasing taxes, turns to climate change skeptic

WASHINGTON, May 13 (Reuters) - Donald Trump on Friday pushed
back against renewed calls that the presumptive Republican
presidential nominee release his income tax returns before the
election, and picked a prominent climate change skeptic to help
him formulate his energy policy.

U.S. energy bankruptcy wave surges despite recovering oil prices

HOUSTON, May 13 (Reuters) - The wave of U.S. oil and gas
bankruptcies surged past 60 this week, an ominous sign that the
recovery of crude prices to near $50 a barrel is too little, too
late for small companies that are running out of money.

Norway helicopter crash investigation focuses on rotor blade mounting

OSLO, May 13 (Reuters) - An investigation into the cause of
a fatal North Sea helicopter crash is focusing on the parts of
the aircraft that connected the rotor blades to the main body of
the helicopter, investigators said on Friday.

UPDATE 1-U.S. oil drillers cut rigs for 8th week to Oct 2009 lows -Baker Hughes

(Adds U.S. land rig count from Baker Hughes)
By Scott DiSavino
May 13 (Reuters) - U.S. oil drillers cut rigs for an eighth
week in a row to the lowest level since October 2009, oil
services company Baker Hughes Inc said Friday, even with
futures at six-month highs as some energy firms focus on
completing wells rather than drilling new ones.
Drillers cut 10 oil rigs in the week to May 13, bringing the

Investors warm up to Alberta government bonds after wildfire

TORONTO, May 13 (Reuters) - Portfolio managers see value in
Alberta government bonds after a massive wildfire in the oil
sands region spooked investors already worried by the Canadian
province's oil-related contraction and rising deficit.

U.S. oil drillers cut rigs for 8th week to Oct 2009 lows -Baker Hughes

By Scott DiSavino
May 13 (Reuters) - U.S. oil drillers cut rigs for an eighth
week in a row to the lowest level since October 2009, oil
services company Baker Hughes Inc said Friday, even with
futures at six-month highs as some energy firms focus on
completing wells rather than drilling new ones.
Drillers cut 10 oil rigs in the week to May 13, bringing the
total rig count down to 318, Baker Hughes said in its closely

Political paralysis feared as Croatian vote fails again

ZAGREB, May 13 (Reuters) - Croatia's ruling coalition failed
to gather enough of its lawmakers in parliament to pass any
legislation for the third week running on Friday, raising fears
of political paralysis.

Cornell and Iceland Team to Model Geothermal Energy

With an aim to create clean, renewable geothermal energy projects, and to cooperate in research and education, Cornell and Geothermal Resource Park (GRP) Iceland have signed a memorandum of agreement that mirrors the successful Icelandic model for integrating energy solutions.

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