Energy Update
LONDON, May 21 (Reuters) - Oil and gas workers in Britain's North Sea are to vote on strike action after unions and the Offshore Contractors' Association representing employers failed to reach an agreement on changes to working conditions.
JAKARTA, May 20 (Reuters) - China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tension that could even lead to conflict, U.S. Deputy Secretary of State Antony Blinken told a conference in Jakarta.
BAKU, May 21 (Reuters) - British oil major BP has suspended operations at West Azeri, one of its platforms in the Caspian Sea, for planned maintenance, Tamam Bayatly, a spokeswoman for BP Azerbaijan, told Reuters on Thursday.
The next 'leap second' event will occur on June 30, 2015. Will the world as we know it change in the blink of an eye?
(Thu, 21 May 2015) U.S. net imports of natural gas decreased 9% in 2014, continuing an eight-year decline. As U.S. dry natural gas production has reached record highs, lower domestic prices have helped to displace natural gas imports. Net natural gas imports totaled 1,171 billion cubic feet (Bcf) in 2014, the lowest since 1987.
May 6 (Reuters) - Pacific Rubiales Energy Corp said Mexican conglomerate Alfa Sab de CV and Harbour Energy Ltd have offered C$6.50 per share, valuing the oil and gas company at about C$2.05 billon ($1.70 billion).
The North Sea crude oil market showed mixed signals May 15, with Dated Brent versus second-month cash up $0.21/barrel at minus $0.94/b, even as Forties came off a touch.
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