Energy Update

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VIENNA, June 3 (Reuters) - BP Chief Executive Bob Dudley said on Wednesday he sees "some softness" in oil prices in the second half of the year as global supplies continue to grow.

NEW DELHI, June 3 (Reuters) - State refiners Indian Oil Corp and Hindustan Petroleum Corp are holding talks with Iraq's national oil company to buy 4 million barrels of Basra light crude oil for India's strategic petroleum reserves (SPRs), three sources said.

BAKU, June 3 (Reuters) - British oil company BP will suspend operations at Chirag, one of its platforms in the Caspian Sea, for planned maintenance in two months, BP-Azerbaijan's head said on Wednesday.

SINGAPORE, May 22 (Reuters) - China's shift to consumer-led growth is accelerating demand for gasoline in the world's biggest energy user, with the fuel on track to challenge the dominance of diesel as an increasing number of middle class consumers buy bigger family cars.

BAKU, June 3 (Reuters) - British oil company BP will suspend operations at Chirag, one of its platforms in the Caspian Sea, for planned maintenance in two months, BP-Azerbaijan's head said on Wednesday.

VIENNA, June 3 (Reuters) - OPEC is set to carry on pumping oil nearly flat-out for months more, content that last year's shock market therapy has revived moribund demand and knocked back growing competition.

MOSCOW/ANKARA, June 3 (Reuters) - Russia's Gazprom plans to start building a pipeline to Turkey this month to get gas to Europe without going through Ukraine, company sources said, although it has no firm agreement with Ankara and faces opposition from the European Union.

BARCELONA, June 3 (Thomson Reuters Foundation) - An international commitment to provide $100 billion a year by 2020 to help vulnerable countries tackle climate change is unlikely to be met if only government funding from rich nations is counted towards it, researchers said.

BEIJING, June 3 (Reuters) - China's main anti-corruption watchdog will inspect six subsidiaries of state-owned energy giant Sinopec Group, the latest step in a continuing crackdown on the oil sector in the world's No.2 economy.

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