Energy Update
NEW YORK, May 8 (Reuters) - More U.S. drivers will hit the roads this Memorial Day holiday than in the past decade, fueled by a growing economy and low gasoline prices, the nation's largest motorists' advocacy group said in a forecast released on Friday.
LONDON/ABUJA, May 8 (Reuters) - Fuel shortages are set to worsen in Nigeria as international traders and local marketers back away from imports over fears that the cash-strapped new government will halt costly subsidy payments.
How do you design outdoor piping to account for changing elevation, uneven terrain, seismic and thermal movement, and the reroutes required of a drilling fluid system? This was the challenge faced by engineers and contractors for Indonesia's largest geothermal power plant, Wayang Windu. The pipe-joining method would need to offer flexibility and superior maintainability, and project personnel sought a method that would not be susceptible to inclement weather or pose undue safety hazards.
* Shares trade at 37 times earnings vs.
LONDON, May 8 (Reuters) - Underground disposal of waste water produced from oil and natural gas wells has been blamed for triggering thousands of small earthquakes in Oklahoma and a number of other U.S. states since 2009.
MOSCOW, May 8 (Reuters) - Russia and China signed a $25 billion deal to boost Chinese lending to Russian firms and a host of other accords deepening economic cooperation on Friday as Moscow's ties with the West fray over the Ukraine crisis.
MOSCOW, May 8 (Reuters) - Gennady Timchenko, the co-owner of Russia's second largest gas producer Novatek, said on Friday China National Petroleum Corp (CNPC) was not planning to increase its stake in the Yamal LNG project.
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