Interesting industry headlines from this week:
Oil rigs back in service in U.S., Canada as prices stabilize [CBC]
"The number of North American oil rigs in use is up for the first time since December, as oil's sustained period in the $58 to $60 range encouraged drillers to turn on the taps." Read more
U.S. Construction Spending Hits New Postrecession High [The Wall Street Journal]
"U.S. construction spending advanced 0.8% to a seasonally adjusted annual rate of $1.036 trillion in May, the highest level since October 2008, the Commerce Department said Wednesday." Read more
Cuba Beckons to U.S. Ag [Agriculture.com]
"While imports from the U.S. are limited by longstanding policy, a lack of dollars, and credit challenges, the Cuban government wants its agriculture sector to grow." Read more
UN calls for ban on logging and mining in Tasmania's world heritage area [The Guardian]
"The UN has called for a blanket ban on logging and mining in Tasmania’s world heritage area and demanded the Tasmanian government rethink its new management plan for the vast wilderness." Read more
Iran eyes $100bn of Western involvement in oil industry [FT.com]
"The move marks a big shift for a regime traditionally wary of of foreign groups participating in its energy sector." Read more
