Energy Update
LONDON, June 2 (Reuters) - Oil producer Premier Oil has struck a deal to take full ownership of its Solan oil project west of Shetlands in the North Sea, taking over a 40 percent stake from project partner Chrysaor.
MOSCOW, June 2 (Reuters) - China has started pipeline construction last week to receive Russian gas from the Power of Siberia pipeline, Russian state gas company Gazprom said on Tuesday.
June 2 (Reuters) - Energy and mining services company Amec Foster Wheeler Plc said its trading margins for 2015 are expected to erode further, as customers push for price cuts in the wake of lower crude oil prices.
BOGOTA, June 2 (Reuters) - Colombia's Constitutional Court has extended a restriction on the overnight use of the country's main coal railway, Fenoco, and has partially suspended construction work on an adjacent track for three months, media reported late on Monday.
A new oil commodity with a clunky name began grabbing headlines this spring: Colonial Pipeline shipper history. Amanda Rayborn gives us the history of this so-called history.
(Tue, 02 Jun 2015) Egypt is the largest oil producer in Africa outside of the Organization of the Petroleum Exporting Countries (OPEC) and the second-largest natural gas producer on the continent, behind Algeria. Egypt plays a vital role in international energy markets through the operation of the Suez Canal and the Suez-Mediterranean (SUMED) Pipeline.
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