Energy Update
Baoli Bitumina Singapore, a joint enterprise of Baoli Asphalt and Bitumina companies, is planning to acquire small oil refineries in Russia's Far East, aimed to create a refinery grid.
Gazprom Neft has signed series of agreements with Vietnam Oil and Gas Group (Petrovietnam), strengthening their collaboration on joint oil and gas exploration, production and development projects.
Indonesia's state-owned oil and gas giant Pertamina is planning to reduce output of some of its crude-oil processing facilities, as part of its efforts to cut the operating costs.
President Barack Obama said the U.S. economy is being buffeted by slowdowns overseas and made a pitch for his proposals on infrastructure, education and energy as the remedy to sustain growth.
MOSCOW, April 6 (Reuters) - Gazprom said on Monday it plans to sell its 10.52 percent stake in Germany's natural gas supplier Verbundnetz Gas (VNG), in line with the Russian company's strategy to pull back from operations in Europe.
WASHINGTON, April 6 (Reuters) - The United States and Iran are on the same page about the framework agreement for a nuclear deal agreed last week, U.S. Energy Secretary Ernest Moniz said on Monday, seeking to minimize differences in portrayals of the deal by both sides.
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