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Libya Rebels Keep Oil-Sharing Condition for Ports Opening

09/04/2014
Libyan rebels seeking self-rule for the east of the country are standing by a demand that they get a share of crude export revenue

One in Five Global Shale Basins May Succeed, Wood Mackenzie Says

09/04/2014
Only one in five global shale regions may succeed in producing significant amounts of oil and gas as countries from China

Ghana Oil Output To Hit Up To 110,000 Bpd In 2014

09/04/2014
Output from Ghana's offshore Jubilee oilfield will hit between 105,000 and 110,000 barrels per day (bpd) in 2014

Atwood CEO Hits ‘Pause’ After $4.5 Billion in New Rigs

09/04/2014
Atwood Oceanics Inc. (ATW) is putting the brakes on building more ultra-deepwater oil and natural gas drilling

Middle East Crude-Qatar cuts OSPs as expected

09/04/2014
The Middle East crude market held steady on Tuesday as traders waited for more Gulf producers to release

Asia-Pacific Crude-Steady, Conoco sells Bayu Undan

09/04/2014
The Asia-Pacific crude market held steady on Tuesday as traders sought clarity on the supply of June-loading

OMV invests EUR 400 mn in Lower Austria

09/04/2014
OMV, the integrated, international oil and gas company, is consolidating its commitment to oil and gas

France's Total combines Middle East, North Africa upstream divisions

09/04/2014
France's Total has enlarged its Middle East exploration and production division by transferring to it the

Indonesian oil producers restart almost all output disrupted by haze

09/04/2014
Indonesian oil producers have restarted almost all of the 12,000 b/d of crude output in central Sumatra that

Kuwait to invite bids for new refinery

08/04/2014
OPEC member Kuwait will invite bids for a new multibillion-dollar oil refinery next month as part

Singapore Sees LNG Trading Hub Ambition Fulfilled After 2018

08/04/2014
Singapore’s political neutrality and English-speaking workforce will help the city-state become an Asian

WTI Rebounds as Gasoline Stockpiles Seen Shrinking; Brent Gains

08/04/2014
West Texas Intermediate crude rebounded amid speculation gasoline supplies dropped for a seventh

Iran to boost crude output despite bans: Zanganeh

08/04/2014
Iranian Oil Minister Bijan Nambar Zanganeh says the Islamic Republic is poised to increase its crude oil

Japex begins Japan's 1st commercial shale oil production

08/04/2014
Japan Petroleum Exploration Co (Japex) said it has begun the country's first commercial production of

EIA: Iran's oil output at 3.2 mbpd in 2013

08/04/2014
US Energy Information Administration (EIA) announced that Iran produced 3.2 million barrels per day (mbpd) of oil in 2013 maintaining its 2nd rank in the

Kuwait’s oil output capacity rises to 3.3mn bpd

08/04/2014
Kuwait has increased its oil production capacity to 3.3 million barrels of oil a day (bpd) and is hoping to reach 3.5 million bpd in 2015, the head of

Kashagan may fail to restart this year if offshore pipes damaged

08/04/2014
Output at Kazakhstan's huge Kashagan oilfield may fail to restart this year if test results expected in May show cracks in the

Oil Search Plans Drilling to Study Size of Kurdistan Oil Find

08/04/2014
Oil Search (OSH) Ltd., Papua New Guinea’s largest energy producer, will drill four wells at its oil discovery in Iraq’s Kurdistan

Gazprom says it will honour gas deals with Germany -Handelsblatt

08/04/2014
Gazprom will honour its deals to supply gas to Germany, a newspaper reported a senior executive of the Russian exporter

Crude Drops as Libyan Rebels Hand Over Control of Ports

08/04/2014
Brent and West Texas Intermediate crudes dropped for the first time in three days after Libyan rebels
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