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Egypt Country Analysis Brief

(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.

Crude oil adjustment balances independently developed supply and disposition components

(Tue, 02 Jun 2015) The crude oil adjustment is perhaps the most frequently misunderstood component of the U.S. crude oil balance published in EIA's Weekly Petroleum Status Report. This adjustment reflects the combined uncertainty around each of the crude oil data elements that EIA uses to assess the balance between U.S. crude oil supply and its disposition.

Despite probe, Hanergy sold shares to staff days before crash

HONG KONG, June 2 (Reuters) - Days before shares in solar power group Hanergy Thin Film (HTF) halved in Hong Kong, its Beijing-based parent offered and sold stock in HTF to employees, even as the unit was being investigated by the local securities regulator.

COLUMN-Japan's nuclear plan is bad news for LNG, coal: Russell

--Clyde Russell is a Reuters columnist.

Indonesia to seek oil supply deals at OPEC meeting

JAKARTA, June 2 (Reuters) - Indonesia will meet with Middle East oil producers on the sidelines of an OPEC meeting in Vienna this week to negotiate possible long-term crude supply agreements for its refineries, a senior government official said.

UPDATE 2-Oil dips on strong OPEC outlook, firm demand prevents bigger fall

* Saudi Arabia's Naimi expects demand to rise further (Adds Naimi demand outlook, Citi comment, updates prices)

UPDATE 2-CNRL, Cenovus return to oil sands sites, fires still burn

CALGARY, Alberta, June 1 (Reuters) - Firefighters made progress battling wildfires in northern Alberta on Monday that have shut in 10 percent of total oil sands production, and workers began returning to some sites to assess damage.

Oil prices dip on high OPEC, U.S. production outlook

SINGAPORE, June 2 (Reuters) - Crude oil prices dipped in early Asian trading on Tuesday as an expectation of rising OPEC output and a potential increase in U.S.

New Iraqi crude meets cool reception in Asia

SINGAPORE, June 2 (Reuters) - Asia has given Iraq's launch of its new Basra Heavy crude oil grade a poor reception after the No. 2 OPEC producer appears to have misjudged demand, supplying too much, too soon.

RPT-COLUMN-U.S. shale and OPEC, the altered balance of power: Kemp

LONDON, June 1 (Reuters) - Two landmark events this month will underscore the extent to which the oil market's balance of power has been transformed by the shale revolution.

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