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Sinopec Bullish Bets at Three-Year High on Stake Sale

25/04/2014
Traders in China Petroleum & Chemical Corp. (386) options are betting reforms to loosen restrictions on private investment in state

Sudan Expects to Increase Oil Production By the End of This Year

25/04/2014
Sudan's minister of oil, Makkawi Mohamed Awad, has announced that the Sufian oilfield in Block 6, which falls under the concession

Oil production at Kashagan field to be resumed in late 2015

25/04/2014
Full resumption of oil production at Kazakhstan's giant Kashagan field in the Caspian Sea is expected at the end of 2015. This was

Crude Oils Advance on Ukraine Tension, Economic Reports

25/04/2014
Brent crude rose to the highest level in seven weeks, widening the premium to West Texas Intermediate, as

Platts Analysis of US EIA Data: U.S. crude oil stocks climb 3.52 million barrels despite rallying USGC crude oil runs

25/04/2014
U.S. commercial crude oil stocks rose 3.52 million barrels to 397.66 million barrels

Asia-Pacific Crude-Steady; Bach Ho tender eyed

25/04/2014
The Asia-Pacific crude market held steady on Thursday with traders awaiting the result of a Vietnamese tender to gauge market direction.

Platts Adds Bakken Price Assessment in the Williston Basin to its Shale Offerings

25/04/2014
Platts announced it has expanded its North American shale crude oil offering to include an assessment of

Mexico's Pemex seeking partners in all areas to boost competitiveness

25/04/2014
Mexican state-owned oil giant Petroleos Mexicanos said it is looking to forge partnerships and associations

PetroChina First-Quarter Profit Falls 5% on Lower Oil Price

25/04/2014
PetroChina Co. (857), the country’s biggest oil and gas producer, posted a 4.9 percent decline in first-quarter

Ecuador's Crude Output Rises 2% in Fourth Quarter of 2013

24/04/2014
Ecuador's average oil output rose about 2% to 544,400 barrels a day in the fourth quarter of last year compared with the

Buffett: moving oil by rail safely major industry concern

24/04/2014
Warren Buffett, chairman of conglomerate Berkshire Hathaway, said that safety is a major priority for the rail industry, after a recent

Iraq needs drastic rethink on crude resources

24/04/2014
As if to commemorate the 11th anniversary of the invasion and occupation of Iraq, the ‘Economist’ in

Obama stalls drilling on federal lands: Kemp

24/04/2014
The White House likes to claim a share of the credit for the drilling revolution that has transformed North

Russia's refinery runs down 0.6 pct in March from February

24/04/2014
Russian oil refinery runs in March fell month-on-month by 0.6 percent, or 34,423 barrels per day (bpd),

WTI Trades Near Two-Week Low as Stockpiles Climb; Brent Steady

24/04/2014
West Texas Intermediate traded near the lowest in more than two weeks as crude inventories increased

Shale Boom Sends U.S. Crude Supply to Highest Since 1930s

24/04/2014
The U.S. is stockpiling the most crude in more than eight decades, thanks to the shale boom.

India to make May-July oil payments to Iran - sources

24/04/2014
India is set to pay Iran $1.65 billion over the next three months under an interim nuclear deal that eases

Abu Dhabi Said to Complete Technical Review of Oil Bids in Weeks

24/04/2014
Abu Dhabi’s state oil producer is almost finished reviewing technical aspects of international companies’

Azerbaijan’s Socar secures $3.9 billion loan to build refinery in Turkey

24/04/2014
Azerbaijan’s state-owned oil company, commonly known as Socar, is in the final stages of negotiations

Cairn India Sees Flat Full-Year Output as Quarterly Profit Gains

24/04/2014
Cairn India Ltd. (CAIR), operator of the nation’s biggest oil field on land, reported a 19 percent increase in fourth-quarter
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