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Gazprom says China started its part of Power of Siberia construction

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.

UPDATE 1-Amec Foster Wheeler sees further decline in 2015 trading margins

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.

UPDATE 1-Iran seeks to take back its share of OPEC production

DUBAI, June 2 (Reuters) - Iran will try to persuade OPEC countries to reverse production increases they implemented to fill a gap left by sanctions on Iran, the country's OPEC delegate Mehdi Asali was quoted as saying, ahead of a potential nuclear deal that could see sanctions lifted.

Amec Foster Wheeler sees further decline in 2015 trading margins

June 2 (Reuters) - Energy and mining services firm Amec Foster Wheeler Plc said its trading margins for 2015 are expected to erode further, as customers push for cuts in prices in the wake of lower crude oil prices.

Colombia court further restricts use of main coal railway - report

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.

BP to pay some exploration costs for UAE's Dana Gas in Egypt

DUBAI, June 2 (Reuters) - The United Arab Emirates' Dana Gas has signed an agreement for BP to pay for part of its exploration costs in the El Matriya onshore concession area in Egypt, the UAE firm said on Tuesday.

Colonial Pipeline is turning some in US gasoline market into history buffs

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.

Issues in International Energy Consumption Analysis: Canadian Energy Demand

(Tue, 02 Jun 2015) The residential sector is one of the main end-use sectors in Canada accounting for 16.7% of total end-use site energy consumption in 2009 (computed from NRCan 2012. pp, 4-5). In this year, the residential sector accounted for 54.5% of buildings total site energy consumption. Between 1990 and 2009, Canadian household energy consumption grew by less than 11%.

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.

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