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Qatar Petroleum plans four IPOs worth $50bn

10/05/2013
Qatar Petroleum (QP) has plans to list four of its subsidiaries on the Qatar Exchange (QE) in coming years. QP is expected to issue initial public offerings

Repsol net income increases 1.6% to 631 million euros

10/05/2013
Repsol posted net income of 631 million euros in the first quarter of 2013, a rise of 1.6% from the year-earlier period at current cost of

Kenya ready to produce oil ‘now’

10/05/2013
Kenya could start producing oil earlier than expected, with the company currently exploring oil saying it’s ready to start production “now” if the road network is

What can make WTI Crude Oil prices to average $90/bbl in 2013

10/05/2013
US crude oil inventories are increasing across the board. Commercial crude stocks in the US are sitting at 395 million bbls, an all-time

Analysis of U.S. EIA data: U.S. crude stocks slow climb, remain at record levels

10/05/2013
U.S. commercial crude oil stocks rose 230,000 barrels over the week ended May 3, data from the U.S. Energy

Bangladesh to re-offer six shallow water oil, gas blocks overlooked in bidding round

10/05/2013
Bangladesh state-owned Petrobangla has sought permission to re-offer six shallow water oil and gas exploration

Alberta oil production rose more than 10 per cent last year

10/05/2013
Overall production in the oilsands increased significantly in 2012, pushing Alberta’s oil reserves to the highest

Expert says innovation, new discoveries to propel offshore energy sector

09/05/2013
Technological innovation and new discoveries are the two factors that will keep the offshore energy industry afloat, said an

Oman's Crude Oil and Condensates Production/ Report

09/05/2013
The Monthly Report released by the Ministry of Oil and Gas pointed out that the Sultanate's crude oil and condensates production in

Oil production from Azerbaijan’s key block continues to fall

09/05/2013
The Azerbaijan International Operating Company (AIOC), which develops oilfield block Azeri-Chirag-Guneshli fields in the Azerbaijan sector of

Colombia April Oil Output Climbs 5.2% on Year to 1 Million Barrels/Day

09/05/2013
Colombia's oil output averaged 1.006 million barrels a day in April, about the same as the previous month and 5.2% more compared with

Taqa Quarterly Net Falls as North Sea Oilfield Halt Hurts Sales

09/05/2013
Abu Dhabi National Energy Co. (TAQA), the state-owned utility and oil producer, said first-quarter profit fell to about a fifth of last

Oil near $96 per barrel amid supplies uptick

09/05/2013
The price of oil fell Thursday after reports showed supplies of U.S. crude rose slightly last week.
Benchmark oil for June delivery was down 42 cents to $96.20 per barrel

Consolidation likely as US oil and gas operators grapple with new regulation

09/05/2013
US oil and gas professionals are losing their appetite for risk and are worried about rising operating costs, as they grapple

Iran working on new oil contract formula to draw foreign investors

09/05/2013
Iran is preparing a modified oil contract formula to attract foreign investment into its energy sector to improve on the

Statoil sanctions the Julia field development in the Gulf of Mexico

09/05/2013
Statoil and operator ExxonMobil have decided to sanction the Julia field development in the Gulf of Mexico.
The field, located

Asian sweet crude market falls on low West African prices, spot oversupply

09/05/2013
The Asia Pacific sweet crude market is expected to stay on a downward trajectory as it faces more competition

EIA: Summary of Weekly Petroleum Data for the Week Ending May 3, 2013

09/05/2013
U.S. crude oil refinery inputs averaged 15.2 million barrels per day during the week ending May 3, 2013, 470 thousand barrels

CNPC Said in Talks to Buy Brazil’s Barra for $2 Billion

09/05/2013
China National Petroleum Corp. (CNPC), China’s largest oil producer, is in talks to acquire Barra Energia

Middle East sees biggest growth in demand for Scottish oil & gas supply chain exports

09/05/2013
The Middle East region saw the biggest increase in Scottish oil and gas supply chain exports in 2011-2012,
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