Energy Update
Brian Scheid and Herman Wang look at the upcoming OPEC meeting, US negotiations with Iran, the future of Cuba's oil development, US exports and how to keep the spark alive.
May 11 (Reuters) - Noble Energy Inc said it would acquire Rosetta Resources Inc for about $2 billion in an all-stock deal that will give it an entry into the Eagle Ford Shale field and the Permian Basin oil and gas region in Texas.
LONDON, May 11 (Reuters) - Prime Minister David Cameron appointed Amber Rudd as Britain's energy minister on Monday as he began announcing the final roles in his cabinet following the Conservative Party's unexpected election victory last week.
DUBAI, May 11 (Reuters) - Saudi Arabia and Kuwait plan to shut down the Wafra onshore oilfield which they share for two weeks of maintenance on Monday night or Tuesday, a Kuwaiti industry source said on Monday.
HOIMA, Uganda, May 10 (Reuters) - Before the discovery of large amounts of oil in Lake Albert, Hoima was a forlorn and remote town in Western Uganda, whose main sources of income were farming and the trickle of tourists heading to nearby national parks.
SYDNEY, May 11 (Reuters) - Fortescue Metals Group Chairman Andrew "Twiggy" Forrest on Monday called on Australians to urge the government to stop expansion plans by iron ore miners Rio Tinto and BHP Billiton, saying they were jeopardizing the economy.
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