Energy Update
July 15 (Reuters) - Oil producer Afren Plc warned that its near-term production would likely be "materially lower" than expected as uncertainty over the results of a business review made it unable to assess its financial position.
HONG KONG, July 15 (Reuters) - The Hong Kong securities regulator has directed the city's stock exchange to extend a nearly two-month suspension of all dealing in shares of Hanergy Thin Film Power Group Ltd, the mainland Chinese solar technology company being investigated by the watchdog after its shares plummeted in May.
(Wed, 15 Jul 2015) Rail and pipeline shipments of crude oil from the Rocky Mountain region (PADD 4) have steadily increased as regional crude oil production has increased. The recently released Petroleum Supply Monthly, which contains data for April 2015, shows that 122,000 barrels per day of crude oil was moved by rail from PADD 4 to other regions of the country, representing 19% of total crude shipments from the region.
BEIJING, July 15 (Reuters) - China's implied oil demand grew 3.5 percent in June, as rising air travel and vehicle usage boosted fuel consumption, but a drop in passenger car sales amid a recent stock market rout could limit demand growth over the next few months.
BEIJING, July 15 (Reuters) - China's natural gas production rose 4.9 percent in June from a year earlier to 9.9 billion cubic metres, data from the National Bureau of Statistics showed on Wednesday.
BEIJING, July 15 (Reuters) - China produced 327 million tonnes of coal in June, down 4.9 percent from the same period last year, with major producers slashing output to minimise losses, according to data from the country's statistics bureau.
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