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ARA gasoline stocks fall, increased export demand: BNP, trade

19/05/2013
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report

Fuel Oil Rally to End With Europe Swamping Asia

19/05/2013
The premium traders in Asia are paying for the earliest deliveries of fuel oil is poised to slide from an eight-month high as Europe floods the

Oil price probe widens to include Dutch trading house

19/05/2013
The European Commission investigation into possible oil price manipulation extended beyond three major companies to a smaller niche trading

Business As Usual in MOC Window, Say Oil Traders

18/05/2013
Oil trading is continuing as usual in the physical markets, according to oil traders, after European commissioners conducted inspections of the offices of energy giants earlier this

TOTAL: CEO Confirms Medium-Term Production Targets

18/05/2013
French oil major Total SA's (TOT) chairman and chief executive, Christophe de Margerie, Friday confirmed the group's medium-term production

Shell to Start Iraq Oil Output Amid Plans for Saudi Investments

18/05/2013
Royal Dutch Shell Plc (RDSA) will start producing crude at Iraq’s Majnoon oil field as early as next month and plans to increase energy investments

Pemex Makes Third Ultra-Deep Find at Mexico Gulf Maximino Field

18/05/2013
Petroleos Mexicanos, the world’s fourth-largest oil producer, made its third ultra-deepwater discovery on the Mexican side of the Perdido

Opec: Total aims to re-develop oilfield in Qatar

18/05/2013
France’s Total is looking to re-develop the offshore Al Khalij oil field in Qatar in a bid to stabilise and boost its

Iran nominates Nozari to compete on presidency of OPEC

18/05/2013
Iran has officially nominated the former Oil Minister Gholam-Reza Nozari for the post of the secretary-general of

Chevron says Argentina has world’s No. 2 shale oil resources

18/05/2013
Argentina has the world’s second largest reservoir of unconventional oil after the United States, concentrated

Sanctions Costing Iran $3-5 Bln Per Month, Oil Exports 1 Mln Fewer Bpd: US

18/05/2013
The United States says that the Iranian economy is in a downward spiral, with no prospect for near-term

Ghana says over $20b to be invested in petroleum sector next five years

18/05/2013
The Ministry of Energy and Petroleum has project that more than $20 billion will be injected into the

Cairn India to spend $3 bn on oil exploration in 3 yrs

18/05/2013
Vedanta group firm Cairn India will invest $3 billion (over 16,000 crore) in the next three years to expand its oil

Indonesia Forecasts One Million Barrels Oil Production Next Year

17/05/2013
The Working Unit of Upstream Oil and Gas Regulator (SKK Migas) predicts the country's oil production will increase significantly next

Angola’s share of world oil consumption in 2012 was 1.93 pct

17/05/2013
Angola provided the market with 1.729 million barrels of oil per day in 2012, which represented a 1.93 percent share of world demand, said

Singapore’s Stockpiles of Residual Fuels Rise to Five-Month High

17/05/2013
Residual-fuel inventories in Singapore, Asia’s largest oil-trading and storage center, rose for a third week to the highest level in more than five

Azerbaijan mulls $4.8bn oil refinery in Indonesia

17/05/2013
Azerbaijan is considering to build a $4.8bn oil refinery in the city of Batam, Indonesia, through its state-owned oil and gas company State Oil Company of Azerbaijan Republic

Oil falls to near $95 on choppy growth outlook

17/05/2013
The price of oil fell to near $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.
Benchmark oil for June delivery was down

North Sea oil output rise likely, says King

17/05/2013
Bank of England Governor Sir Mervyn King has highlighted the likelihood of a boost to North Sea oil output over the next two years, but warned again that the UK will not enjoy a

Richardson Says EU Could Help Energy Costs With OPEC Talk

17/05/2013
The European Union could contain energy costs by calling for action from the Organization of Petroleum Exporting Countries, former U.S.
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