Energy Update
SAN FRANCISCO, May 4 (Reuters) - The U.S.
SK Engineering and Construction has awarded a contract to Zamil Industrial Investment to supply various structural products for the Package 9 of Jazan refinery and terminal project in the southern region of Saudi Arabia.
US-based MDU Resources and Calumet Specialty Products Partners have commenced operations of the greenfield fuels refinery in Stark County, North Dakota.
May 4 (Reuters) - Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs.
SAN FRANCISCO, May 4 (Reuters) - The U.S.
HOUSTON, May 4 (Reuters) - A bill giving Texas the sole right to regulate the oil and gas industry and take away the power of municipalities to pass anti-fracking rules moved a step closer to becoming law on Monday after it passed the Senate.
RIYADH, May 5 (Reuters) - France and Saudi Arabia believe that any future deal between Iran and six major powers must ensure not to destabilise the region further and threaten Iran's neighbours, the two countries said ahead of a summit in Riyadh on Tuesday.
NEW YORK, May 4 (Reuters) - Not all investors agree with hedge fund manager David Einhorn's take on Pioneer Natural Resources' Co, which he described as "A business that burns cash and doesn't grow, (that) isn't worth anything."
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