Energy Update
ANKARA, July 28 (Reuters) - A natural gas pipeline stretching between Iran and Turkey has come under attack inside Turkish territory late on Monday and gas flow was halted, Turkish energy minister Taner Yildiz and state gas company Botas said.
Russian giant Rosneft's recent deals in Asia suggest it is potentially shifting the balance of its crude oil sales in the region, Daniel Colover observes.
(Tue, 28 Jul 2015) The productivity of natural gas wells in the Marcellus Shale and the neighboring Utica Shale is steadily increasing because of ongoing improvements in precision and efficiency of horizontal drilling and hydraulic fracturing occurring in those regions. Since January 2012, natural gas production in the Marcellus and Utica regions has accounted for 85% of the increase in production reported in EIA's Drilling Productivity Report and has driven recent growth in total U.S.
(Tue, 28 Jul 2015) Russia is a major producer and exporter of oil and natural gas, and its economy largely depends on energy exports. Russia was the world's largest producer of crude oil including lease condensate and the third-largest producer of petroleum and other liquids (after Saudi Arabia and the United States) in 2014, with average liquids production of 10.9 million barrels per day.
July 28 (Reuters) - Canadian-based copper miner, First Quantum Minerals, said that power cuts imposed by Zambia's state-run electricity company have hit its mining operations in the north western province of the country.
ABUJA, July 27 (Reuters) - Nigeria has begun the process of sharing $2.1 billion with federal, state and local governments to reduce a growing backlog of debts and restructure short-term loans, a spokesman for the vice president said on Monday.
WASHINGTON, July 27 (Reuters) - Some of the biggest U.S.
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