Energy Update
OSLO/LONDON, April 29 (Reuters) - The British civil aviation
authority said it was suspending flights of Airbus
Super Puma helicopters of the same type that crashed off the
west coast of Norway on Friday.
April 29 (Reuters) - Spot U.S. crude oil futures' discount
to the next trading month, known as contango, hit its smallest
levels since January on Friday, reducing the advantages of
storing oil in the United States for later delivery.
WASHINGTON, April 29 (Reuters) - The White House said on
Friday that the United States and Russia have been working to
renew the cessation of hostilities in Syria, despite the deadly
bombing this week of a hospital in Aleppo.
April 29 (Reuters) - U.S. energy firms cut oil rigs for a
sixth week in a row to the lowest level since November 2009, oil
services company Baker Hughes Inc said Friday, as
drillers remained cautious in returning to the well pad despite
crude futures climbing to their highest levels this year.
Drillers cut 11 oil rigs in the week to April 29, bringing
the total rig count down to 332, Baker Hughes said in its
closely followed report.
OSLO, April 29 (Reuters) - An Airbus Super Puma
helicopter that crashed off the Norwegian coast on Friday,
killing at least 11 of the 13 people on board, had maintenance
servicing delayed twice last year, an official at the Norwegian
Civil Aviation Authority told Norwegian daily VG.
It's not stallions but sinter feed that has been the star turn in China -- not well-reared horses but reinforcing bar the center of attention. Ciaran Roe reveals all.
OSLO, April 29 (Reuters) - Production at the
Statoil-operated Gullfaks B platform in the North Sea
is shut for an undetermined period following a helicopter crash
in which 13 platform staff are presumed dead, a senior company
official said.
LONDON/TRIPOLI, April 28 (Reuters) - Libya's National Oil
Corporation has ambitious plans to restore output to pre-2011
levels after years of violence and disruption, officials said.
NAIROBI, April 29 (Reuters) - Kenya will start a search next
week for companies to design a crude oil export pipeline costing
some $2.1 billion and which should be completed by 2021, Energy
and Petroleum Minister Charles Keter said on Friday.
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