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Oil India Said to Study Purchase of Shell’s Nigerian Blocks

14/04/2014
Oil India Ltd. (OINL), the nation’s second-biggest state-run explorer, is studying an acquisition of Nigerian oil

UAE energy minister hopes Western partners keep oilfields role

14/04/2014
The energy minister of the United Arab Emirates said he hoped Western oil companies historically in charge of

WTI Oil Rises to Five-Week High on Consumer Sentiment

12/04/2014
West Texas Intermediate crude climbed to a five-week high as U.S. consumer confidence rose in April while

IEA predicts lower oil demand growth for 2014

12/04/2014
Crude oil prices were range-bound in March, with supply outages in the MENA and Russia-Ukraine tensions countering seasonally weaker demand.

Platts Survey: OPEC Pumps 29.56 Million Barrels of Crude Oil Per Day in March

12/04/2014
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) plunged 550,000 b/d from

Lukoil begins seismic survey on oil exploration block

12/04/2014
Lukoil begins seismic survey on oil exploration blockLUKOIL Overseas (operator of LUKOIL Group's overseas

Asia-Pacific Crude-Stronger; Surgut sells ESPO higher

12/04/2014
The Asia-Pacific crude market strengthened on Friday after Russian ESPO crude sold at a slightly higher

How the Russia-Ukraine spat is impacting oil forecasts

12/04/2014
The fallout from the diplomatic dispute between Russia and neighboring Ukraine will continue to affect the oil

Middle East Crude-Al-Shaheen June exports down

12/04/2014
The Middle East crude market held steady on Friday as traders eyed an al-Shaheen tender that will close on

EIA's forecasts on Azerbaijan's oil output made public

12/04/2014
The U.S. Energy Information Administration (EIA) predicts Azerbaijan's oil production to amount to 0.8 million

Gas and oil discovery in the Valemon area

12/04/2014
Operator Statoil has together with the Valemon Unit partners made a gas and oil discovery in the Valemon

Mexico bets $1.4 billion on Asian markets: Pemex

12/04/2014
Mexico plans to build a $1.4 billion "energy corridor" between the Gulf Coast and the Pacific, state energy

Venezuela Needs 2014 Brent Oil Price of $121: Deutsche

12/04/2014
Venezuela, holder of the world’s largest oil reserves, requires the price of Brent crude to average $121 a

Gas Loses Decades-Old Link to Crude Oil in Landmark Contract

12/04/2014
A contract for France’s largest natural gas company to buy the commodity from Azerbaijan shows the

Support For WTI, Brent Prices: Commerzbank

11/04/2014
It’s been a tale of two oil benchmarks in 2014: Earlier this month, Brent oil hit a five-month low

Crude combat

11/04/2014
US oil drillers are demanding export satisfaction. Energy Secretary Ernest Moniz threw down the

Arab oil industry faces ‘regionalism' crisis

11/04/2014
Arab political crises are affecting the oil industry in the region by dismantling this key regional industry

Russian Gazprom Neft says Asian oil buyers ready to pay in euros

11/04/2014
Russian oil producer Gazprom Neft said it had received positive responses from Asian clients about

WTI Heads for Weekly Gain as Discount to Brent Shrinks on Libya

11/04/2014
West Texas Intermediate headed for a weekly gain amid speculation that U.S. fuel demand will increase as

US LNG will not cause European gas price drop: IEA economist

11/04/2014
Despite the expected growth of US LNG exports, Europe has "no hope" of seeing gas prices near
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