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Washington finds unlikely ally in OPEC as biofuels debate rages

NEW YORK, June 1 (Reuters) - The Obama administration has found an unlikely ally in its efforts to keep pushing more biofuel into the nation's gasoline supply: OPEC.

Oil prices fall as OPEC output rises and is seen to stay high

SINGAPORE, June 1 (Reuters) - Crude oil prices dipped in early Asian trading on Monday as rising OPEC output and an expectation that the group would keep production high added to sentiment that the market remained over supplied despite ongoing falls in U.S. rig operations.

Toyo to use Intergraph’s solutions to build refinery in Malaysia

Toyo Engineering has selected Intergraph to provide two project execution tools to build large-scale steam cracker complex in Malaysia for Petronas.

U.S. gas prices edge up to $2.84 a gallon -survey

May 31 (Reuters) - The average price of a gallon of regular-grade gasoline in the United States rose 4 cents from two weeks ago to $2.84 a gallon, which was the highest since Nov.

CORRECTED-U.S. gas prices up 22 cents over past three weeks -survey

May 17 (Reuters) - The average price of a gallon of regular-grade gasoline in the United States rose 22 cents over the past three weeks to $2.80, according to a Lundberg survey released on Sunday.

OPEC oil output in May reaches highest since 2012 - survey

LONDON, May 31 (Reuters) - OPEC oil supply in May climbed further to its highest in more than two years as increasing Angolan exports and record or near-record output from Saudi Arabia and Iraq outweighed outages in smaller producers, a Reuters survey showed.

UPDATE 1-OPEC likely to keep output unchanged at June 5 meeting-delegates

VIENNA, May 31 (Reuters) - OPEC is likely to keep its output target unchanged when it meets on Friday because the global oil market appears to be in good shape and prices are expected to firm up from current levels, a senior Gulf OPEC delegate told Reuters.

OPEC likely to keep output unchanged in June - senior Gulf OPEC delegate

VIENNA, May 31 (Reuters) - OPEC is likely to keep its output target unchanged when it meets on Friday as the global oil market appears to be in good shape and prices are expected to firm up from current levels, a senior Gulf OPEC delegate told Reuters.

Tanzania awards $9 bln rail projects to Chinese companies

DAR ES SALAAM, May 31 (Reuters) - Tanzania has awarded contracts to build new railway lines worth about $9 billion to Chinese firms, its transport minister said, expanding Beijing's presence in East Africa's second-biggest economy.

Saudi-led coalition warplanes hit bases in Yemeni capital Sanaa

SANAA, May 31 (Reuters) - Warplanes from a Saudi-led coalition struck military bases aligned with Yemen's Houthi rebels in the capital Sanaa overnight and early Sunday morning, residents said.

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