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Strikes hamper Libyan output revival-oil company head

24/05/2013
Strikes have kept a lid on Libya's rising oil production in recent months but it should still surpass pre-war levels to hit 1.7 million barrels per day

Platts, Argus, ICIS Plan Reviews to Combat Manipulation

24/05/2013
Energy price-reporting organizations including Platts said they ordered independent reviews of their methods after calls by regulators last

UK's North Sea well sector activity up 9% in 2012 to new record

24/05/2013
Well services activity in the UK North Sea grew by 9% last year to hit a record high, and well services providers are optimistic over further gains

UK Fuel Retailers Body Offers Oil-Price Analysis to EU Probe -Report

24/05/2013
The Petrol Retailers' Association, the body that represents U.K. filling stations, said it has offered its analysis of fuel pricing to the European

Platts Report: China Oil Demand Rose 2.1% in April Versus a Year Ago

24/05/2013
China's apparent oil demand* in April rose by 2.1% to an average 9.66 million barrels per day (b/d) or 39.54 million mt, a just-released

Iraq aims to boost oil output

24/05/2013
Iraq is planning to increase its oil production capacity to 10 million barrel per day in 2017 up against three million barrel per day as of today, officials say. Iraq, which has the fifth

Platts : Analysis of U.S. EIA data: U.S. gasoline stocks jump 3.015 million barrels on imports, production

24/05/2013
U.S. gasoline inventories jumped an unexpected 3.015 million barrels during the reporting week ended May 17,

Brazil to Hold First Pre-Salt Oil Exploration Auction in October

24/05/2013
Brazil will hold its first auction of pre-salt oil exploration acreage under the country's new production-sharing

Whats ahead for oil prices?

24/05/2013
Oil prices have been drifting lower recently. Since February this year, crude oil prices have slipped by 11 to 12

Indonesia energy regulator trims 2014 oil target -media

24/05/2013
Indonesia's energy regulator says the country's oil production target next year is too optimistic, and wants it

Oil Search Seen Tempting Asia’s Top Energy Deal: Real M&A

24/05/2013
The fastest revenue growth in the oil industry is putting Papua New Guinea’s Oil Search Ltd. (OSH) in line for

Indonesia: Oil sector not yet ready to apply cabotage rule

24/05/2013
Indonesia, a former member of the Organization of the Petroleum Exporting Countries (OPEC), may experience

The Port Arthur Steam Cracker in Texas is Now Processing Ethane from Shale Gas

24/05/2013
To capitalize on the shale gas revolution in the United States, the BASF TOTAL Petrochemicals LLC (BTP) joint

OGX says Tubarao Martelo to produce 30,000 bpd by April

23/05/2013
Brazil's second largest oil and gas company OGX SA will produce 30,000 barrels a day from its Tubarão Martelo field by April, the company's

Iran to begin output at Kish gas field by year-end

23/05/2013
Early production will start at Iran's Kish gas field in the current Iranian calendar year, which began on March 21, IRIB reported. Iran Offshore Oil

Iran's Daily Crude Refining Capacity Exceeds 1.8mln

23/05/2013
A senior Iranian energy official announced that the country has considerably boosted its oil refining capacity.
The remarks were made by Head

Oil falls below $93 as China manufacturing weakens

23/05/2013
The price of oil fell below $93 per barrel Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a

SOCAR in Turkey designed for Russian oil URALS

23/05/2013
The State Oil Company of Azerbaijan (SOCAR) and a construction consortium have signed an agreement on construction of oil refinery Star in

Maine pipeline eyes plan to ship Canada oil sands crude

23/05/2013
The little-known operator of a pipeline linking Montreal and Maine is studying how to make the line the first route to get Canadian oil sands

EIA: Summary of Weekly Petroleum Data for the Week Ending May 17, 2013

23/05/2013
U.S. crude oil refinery inputs averaged over 15.2 million barrels per day during the week
ending May 17, 2013, 4 thousand
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