Energy Update

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Sun Capital Partners' affiliate has acquired the downstream oil & gas business units of Curtiss-Wright (CW), which include DeltaValve, TapcoEnpro International (TEI), and GROQUIP.

Brian Scheid and Herman Wang look at Shell's contentious plans to drill offshore Alaska this summer, which have drawn fierce opposition from environmentalists.

VIENNA, June 1 (Reuters) - Saudi Arabia's oil minister Ali al-Naimi said on Monday he expects oil demand to pick up in the second half of 2015 while supply decreases, in a sign that the kingdom's strategy of defending market share was working.

ONITSHA, Nigeria, June 1 (Reuters) - Up to 70 people were killed in Nigeria, many of them burnt alive, when a fuel tanker crashed into a busy bus station in the southeastern city of Onitsha on Sunday and exploded, Red Cross officials said.

VIENNA, June 1 (Reuters) - Saudi Arabia's oil minister Ali al-Naimi said on Monday he expects oil demand to pick up in the second half of 2015 while supply decreases, in a sign that the Saudi strategy of defending market share through lower oil prices was working.

June 1 (Reuters) - Bank of America Corp has hired Brad Hutchinson from Barclays Plc to co-head its Americas energy investment banking business alongside Oscar Brown, according to an internal memo seen by Reuters.

CALGARY, Alberta, June 1 (Reuters) - Firefighters made progress tackling wildfires in the key oil-producing region of northern Alberta on Monday, although a number of oil sands projects stayed shut down, keeping around 10 percent of total oil sands production offline.

WASHINGTON, June 1 (Reuters) - The White House is confident it can still pursue Iran nuclear talks despite U.S.

OSLO, June 1 (Reuters) - France suggested on Monday that world leaders should attend only the start of a summit on climate change in Paris in six months, hoping to avoid a repeat of the last failed attempt in 2009 when they came at the end and left empty-handed.

June 1 (Reuters) - Propane retailer Ferrellgas Partners LP agreed to buy Bridger Logistics LLC for about $837.5 million to expand its midstream services business, involving the shipping and storage of oil, giving it a new foothold in the crude oil market.

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