Energy Update

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

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.

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.

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.

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.

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.

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.

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.

BRASILIA, May 30 (Reuters) - Three workers died and three were injured in an accident at the construction site of the massive hydroelectric dam Belo Monte in northern Brazil, the builder said on Saturday.

JHARIA, India, May 31 (Reuters) - Prime Minister Narendra Modi is determined to move more than 100,000 people living near coalfields in eastern India to new homes, making it easier to douse underground fires that have burned for a century and mine huge reserves of premium coal.

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