| Nigeria >> 9/27/2012 - Nigeria, Africa’s top oil producer, plans to increase its share of offshore oil profits because of “prevailing realities” in the industry, Petroleum Minister Diezani Alison-Madueke said. ... |
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Azerbaijan >> 9/26/2012 - Kazakhstan oil supply is estimated to increase by 10 tb/d in 2012 to average 1.61 mb/d, unchanged from the last MOMR. The Tengiz oil field’s output was curtailed due to maintenance in August and outpu... |
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Iraq >> 9/26/2012 - Royal Dutch Shell Plc (RDSA) isn’t in talks with authorities in Iraq’s semi-autonomous Kurdish region about energy projects in the northern area, an Iraqi government spokesman said. ... |
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Austria >> 9/23/2012 - Following the substantial 7-10% m-o-m rally in August, crude oil futures prices have barely moved in September. Both Nymex WTI and ICE Brent front-month inched up marginally by around half a percentag... |
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Japan >> 9/19/2012 - In July, commercial oil stocks in Japan rose for the fifth consecutive month, up 0.9 mb, to stand at 178.3 mb, the highest level since May 2011. With this build, inventories are at 0.6 mb or 0.4% abov... |
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United States >> 9/18/2012 - US total commercial oil stocks fell for the second consecutive month in August, declining by 13.6 mb to end the month at 1,091.8 mb. As a result, inventories stood at 12.4 mb or 1.1% below the level o... |
| Saudi Arabia >> 9/18/2012 - Saudi Arabia is acting to lower oil prices, a senior Gulf source said, adding that the majority of OPEC producers wanted oil prices around $100 per barrel. The Gulf source told reporters the oil marke... |
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United Arab Emirates >> 9/18/2012 - Crescent Petroleum, a key shareholder in Dana Gas, is optimistic that the Sharjah-based natural gas producer can meet repayment of its $920 million convertible Islamic bond in October, Crescent's pres... |
| United Arab Emirates >> 9/14/2012 - FAL Oil Co., a United Arab Emirates-based energy trader that’s under U.S. financial restrictions for links to Iran, faces the forced sale of a fuel tanker held in Singapore to repay $57.6 million to D... |
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Russia >> 9/13/2012 - Total former Soviet Union’s (FSU) oil supply is estimated to increase by 0.11 mb/d in 012 to average 13.35 mb/d, representing a downward revision of 25 tb/d from the previous month. The revision came ... |
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Kazakhstan >> 9/12/2012 - Kazakhstan’s oil production is projected to remain relatively steady in 2012, compared with the previous year, with a minor increase of 10 tb/d to average 1.61 mb/d, unchanged from the previous MOMR. ... |
| Austria >> 9/11/2012 - Forecast for 2012 Demand for OPEC crude for 2012 remains almost unchanged from the previous report as demand and non-OPEC supply saw only a minor adjustment. In quarterly terms, the first ... |
| Brazil >> 9/11/2012 - Brookwater Ventures Inc announces that its wholly owned subsidiary, Agua Grande Exploraçao e Produçao de Petroleo Ltda. ("Agua Grande"), has been notified by the operator of block 166 in the Recôncavo... |
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Sudan >> 9/10/2012 - African oil production is anticipated to drop by 170 tb/d in 2012 to 2.42 mb/d, indicating an upward revision of 85 tb/d from the previous MOMR. The revision was introduced to the South Sudan and Suda... |
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Iraq >> 9/7/2012 - Iraq has said it would provide better incentives to foreign oil and gas firms than it did in a previous tender in May. Not one Western major made a bid in that round, with only a handful of the 12 une... |
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Austria >> 9/4/2012 - Non-OPEC oil supply in 2013 is expected to grow by 0.92 mb/d to average 54.10 mb/d, indicating an upward revision of 120 tb/d to the average, while expected growth has remained unchanged from the prev... |
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Yemen >> 9/2/2012 - Middle East oil supply is expected to decrease by 170 tb/d from 2011 to average 1.52 mb/d in 2012, representing an upward revision of 25 tb/d from the previous month. Within the Middle East, supply fr... |
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Vietnam >> 9/1/2012 - Other Asia’s oil supply is expected to remain relatively steady in 2012, averaging 3.66 mb/d, compared with a year earlier, with a minor increase of 20 tb/d, indicating a downward revision of 10 tb/d ... |
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Oman >> 8/31/2012 - Tethys Oil AB issues a secured three-year bond loan of SEK 400 million. The bonds are issued at 100 percent of the nominal value and run with a fixed interest rate of 9.50 percent per year. Settlement... |
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China >> 8/30/2012 - Despite its high oil imports, China’s oil demand eased in June, as half of its imports ended up in the country’s stockpile during that month. However, as the summer peaks, the country’s demand is expe... |
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