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UPDATE 2-Oil slips nearly $2 on weak China data, Fed policy plan
1 hour ago - Reuters - Jun 20, 2013 3:02 AM
* China June flash HSBC PMI hits 9-month low on weak demand



RPT-Gulf Keystone says shareholder proposes four new directors
1 hour ago - Reuters - Jun 20, 2013 2:47 AM
LONDON, June 20 (Reuters) - Gulf Keystone Petroleum, a Kurdistan-focused oil explorer, said one of its shareholders had proposed four additional directors for election to the board.



Gulf Keystone says shareholder proposes four new directors
2 hours ago - Reuters - Jun 20, 2013 2:35 AM
LONDON, June 20 (Reuters) - Gulf Keystone Petroleum, a Kurdistan-focused oil explorer, said one of its shareholders had proposed four additional directors for election to the board.



Futures Movers: Oil prices struggle on energy demand, Fed worries
2 hours ago - MarketWatch - Jun 20, 2013 1:57 AM
U.S. crude-oil futures fall, as the market grapples with weak manufacturing-activity figures from China, an increase in U.S. oil supply and the signaling by the Federal Reserve that it may slow bond purchases this year.



Wilmar senior executive emerges as significant shareholder in Whitehaven
3 hours ago - Reuters - Jun 20, 2013 1:36 AM
SYDNEY, June 20 (Reuters) - A senior executive at Wilmar International Ltd, the world's biggest producer of palm oil, emerged on Thursday as a significant shareholder in Australia's Whitehaven Coal Ltd.



Wilmar senior executive emerges as significant shareholder in Whitehaven
3 hours ago - Reuters - Jun 20, 2013 1:36 AM
SYDNEY, June 20 (Reuters) - A senior executive at WilmarInternational Ltd, the world's biggest producer ofpalm oil, emerged on Thursday as a significant shareholder inAustralia's Whitehaven Coal Ltd.



Wilmar senior executive emerges as significant shareholder in Whitehaven
3 hours ago - Reuters - Jun 20, 2013 1:36 AM
SYDNEY, June 20 (Reuters) - A senior executive at Wilmar International Ltd, the world's biggest producer of palm oil, emerged on Thursday as a significant shareholder in Australia's Whitehaven Coal Ltd.


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Oil slips more than $1 on weak China data, Fed policy plan
4 hours ago - Reuters - Jun 20, 2013 12:34 AM
* China June flash HSBC PMI hits 9-month low on weak demand


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Oil slips more than $1 on weak China data, Fed policy plan
4 hours ago - CNBC - Jun 20, 2013 12:34 AM



Storm Barry heads for Mexico Gulf coast oil installations
5 hours ago - Reuters - Jun 19, 2013 11:11 PM
MEXICO CITY (Reuters) - Tropical Storm Barry, the second of the Atlantic hurricane season, strengthened as it churned toward Mexico on Wednesday, threatening to bring heavy rains to oil and power installations near the country's Gulf coast.



UPDATE 2-Storm Barry heads for Mexico Gulf coast oil installations
5 hours ago - Reuters - Jun 19, 2013 11:08 PM
MEXICO CITY, June 19 (Reuters) - Tropical Storm Barry, the second of the Atlantic hurricane season, strengthened as it churned toward Mexico on Wednesday, threatening to bring heavy rains to oil and power installations near the country's Gulf coast.


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UPDATE 2-Storm Barry heads for Mexico Gulf coast oil installations
5 hours ago - Reuters - Jun 19, 2013 11:08 PM
MEXICO CITY, June 19 (Reuters) - Tropical Storm Barry, the second of the Atlantic hurricane season, strengthened as it churned toward Mexico on Wednesday, threatening to bring heavy rains to oil and...


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UPDATE 2-Storm Barry heads for Mexico Gulf coast oil installations
5 hours ago - Reuters - Jun 19, 2013 11:08 PM
MEXICO CITY, June 19 (Reuters) - Tropical Storm Barry, the second of the Atlantic hurricane season, strengthened as it churned toward Mexico on Wednesday, threatening to bring heavy rains to oil and power installations near the country's Gulf coast.



UPDATE 2-Storm Barry heads for Mexico Gulf coast oil installations
5 hours ago - Reuters - Jun 19, 2013 11:08 PM
MEXICO CITY, June 19 (Reuters) - Tropical Storm Barry, the second of the Atlantic hurricane season, strengthened as it churned toward Mexico on Wednesday, threatening to bring heavy rains to oil and power installations near the country's Gulf coast.



Statoil Makes Canada Oil Discovery
6 hours ago - WSJ - Jun 19, 2013 10:36 PM
Norwegian oil giant Statoil ASA said it made a big discovery of light oil offshore Newfoundland.


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US Oil Steady Below $99
7 hours ago - CNBC - Jun 19, 2013 9:26 PM



New indictments for ex-BP executive, engineer over Gulf spill
8 hours ago - Reuters - Jun 19, 2013 8:03 PM
(Reuters) - Federal prosecutors unveiled new criminal indictments on Wednesday against a former BP Plc executive and a former BP engineer charged with obstructing investigations into the April 2010 Gulf of Mexico oil spill.



MALAYSIA PRESS-Kulim to take New Britain Palm Oil Ltd private?-The Star
8 hours ago - Reuters - Jun 19, 2013 7:59 PM
NOTE: Reuters has not verified these stories and does not vouch for their accuracy.



MALAYSIA PRESS-Kulim to take New Britain Palm Oil Ltd private?-The Star
8 hours ago - Reuters - Jun 19, 2013 7:59 PM
NOTE: Reuters has not verified these stories and does not vouch for their accuracy.



UPDATE 1-Storm Barry heads for Mexico Gulf coast oil installations
10 hours ago - Reuters - Jun 19, 2013 6:02 PM
MEXICO CITY, June 19 (Reuters) - Tropical Storm Barry, the second of the Atlantic Hurricane season, churned toward Mexico on Wednesday, threatening to bring heavy rains to key oil and power installations near the country's Gulf coast.



UPDATE 1-Storm Barry heads for Mexico Gulf coast oil installations
10 hours ago - Reuters - Jun 19, 2013 6:02 PM
MEXICO CITY, June 19 (Reuters) - Tropical Storm Barry, the second of the Atlantic Hurricane season, churned toward Mexico on Wednesday, threatening to bring heavy rains to key oil and power...


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UPDATE 1-Storm Barry heads for Mexico Gulf coast oil installations
10 hours ago - Reuters - Jun 19, 2013 6:02 PM
MEXICO CITY, June 19 (Reuters) - Tropical Storm Barry, the second of the Atlantic Hurricane season, churned toward Mexico on Wednesday, threatening to bring heavy rains to key oil and power installations near the country's Gulf coast.



UPDATE 1-Storm Barry heads for Mexico Gulf coast oil installations
10 hours ago - Reuters - Jun 19, 2013 6:02 PM
MEXICO CITY, June 19 (Reuters) - Tropical Storm Barry, the second of the Atlantic Hurricane season, churned toward Mexico on Wednesday, threatening to bring heavy rains to key oil and power installations near the country's Gulf coast.


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SandRidge CEO Ousted After Probe
10 hours ago - WSJ - Jun 19, 2013 5:48 PM
SandRidge Energy chief Tom Ward was ousted by the company's board and given an about $90 million severance package following a probe of the oil-and-gas producer's dealings with businesses controlled by members of his family.


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The US Is No Longer The King Of Shale Oil & Gas
10 hours ago - ZeroHedge - Jun 19, 2013 5:47 PM
If you thought the US was the king of shale, we are sorry to burst your bubble... it no longer wears the crown. China has more proven oil reserves than the US. As the following chart shows - from the EIA's 730-page report, which assesses the shale fo



SandRidge CEO Tom Ward ousted, Bennett takes job
11 hours ago - Reuters - Jun 19, 2013 5:09 PM
(Reuters) - The board of directors of SandRidge Energy Inc on Wednesday said it removed Tom Ward as chief executive, and named its president, James Bennett, to replace him, citing a need for new leadership at the U.S. oil and gas company, which has u



Cyprus inks deal with Noble Energy on LNG plant
11 hours ago - MarketWatch - Jun 19, 2013 5:08 PM
SAN FRANCISCO (MarketWatch) -- Cyprus approved Wednesday a deal with Houston-based Noble Energy Inc.and Israeli companies Delek Drilling LP and Avner Oil Exploration LLP to build a liquefied natural gas terminal on the island, according to media repo



Canadian Natural chairman says high costs hurt Canada oil sector
11 hours ago - Reuters - Jun 19, 2013 4:51 PM
CALGARY, Alberta, June 19 (Reuters) - Murray Edwards, chairman of Canadian Natural Resources Ltd, the country's No. 2 oil company, said on Wednesday Canada's oil exploration and production sector has...



Canadian Natural chairman says high costs hurt Canada oil sector
11 hours ago - Reuters - Jun 19, 2013 4:51 PM
CALGARY, Alberta, June 19 (Reuters) - Murray Edwards, chairman of Canadian Natural Resources Ltd, the country's No. 2 oil company, said on Wednesday Canada's oil exploration and production sector has underperformed its U.S. counterpart because much o


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COMMODITIES-Oil, gold dip on Bernanke stimulus remarks, grains up
11 hours ago - Reuters - Jun 19, 2013 4:48 PM
By Barani Krishnan NEW YORK, June 19 (Reuters) - Oil prices came under pressure on Wednesday while gold and copper fell after Federal Reserve Chairman Ben Bernanke said the central bank could begin to scale back its stimulus measures for the U.S. eco



COMMODITIES-Oil, gold dip on Bernanke stimulus remarks, grains up
11 hours ago - Reuters - Jun 19, 2013 4:48 PM
By Barani KrishnanNEW YORK, June 19 (Reuters) - Oil prices came under pressureon Wednesday while gold and copper fell after Federal ReserveChairman Ben Bernanke said the central bank could begin to scaleback its stimulus measures for the U.S. economy



COMMODITIES-Oil, gold dip on Bernanke stimulus remarks, grains up
11 hours ago - CNBC - Jun 19, 2013 4:48 PM


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Kevin Grandia: [Infographic] Keystone XL Pipeline Means Less Jobs Than They Say
12 hours ago - Huffington Post - Jun 19, 2013 4:33 PM
Keystone is an "export pipeline" that will take tar sands oil from Alberta and pump it down to a tax-free zone in Texas and out to foreign markets. In other words, the EU, China and Latin America get the oil, the foreign-owned oil companies get the c



SandRidge CEO Tom Ward ousted, Bennett takes job
12 hours ago - Reuters - Jun 19, 2013 4:33 PM
June 19 (Reuters) - SandRidge Energy Inc's board of directors on Wednesday said Chief Executive Officer Tom Ward will be replaced by company president James Bennett, citing a need for new leadership at the U.S. oil and gas company.


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UPDATE 8-Oil pressured by Bernanke comments, crude stocks up
12 hours ago - CNBC - Jun 19, 2013 4:11 PM


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Norway opens more Arctic waters to oil exploration
13 hours ago - Reuters - Jun 19, 2013 3:05 PM
OSLO, June 19 (Reuters) - Norway's parliament voted on Wednesday to open an offshore Arctic zone bordering Russia to oil and gas exploration, paving the way for the area to be included in the next licensing round.


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Norway opens more Arctic waters to oil exploration
13 hours ago - Reuters - Jun 19, 2013 3:05 PM
OSLO, June 19 (Reuters) - Norway's parliament voted onWednesday to open an offshore Arctic zone bordering Russia tooil and gas exploration, paving the way for the area to beincluded in the next...


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Norway opens more Arctic waters to oil exploration
13 hours ago - CNBC - Jun 19, 2013 3:05 PM



Oil futures end lower after rise in supplies
13 hours ago - MarketWatch - Jun 19, 2013 2:50 PM
NEW YORK (MarketWatch) -- Crude oil for July deliveryfell 20 cents to settle at $98.24 a barrel on the New York Mercantile Exchange on Wednesday. But the contract was volatile in electronic trading as Federal Reserve Chairman Ben Bernanke conducted a



Petrosonic tanks 26% on paid endorsement report
15 hours ago - MarketWatch - Jun 19, 2013 12:52 PM
SAN FRANCISCO (MarketWatch) -- Shares of Petrosonic Energy Inc.tumbled 26% Wednesday on an exclusive MarketWatch report that the oil-technology company paid celebrity money manager Tobin Smith to endorse its stock. Petrosonic paid Smith's company $50


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UPDATE 7-Oil weaker on inventory build, U.S. Fed remains the focus
15 hours ago - CNBC - Jun 19, 2013 12:52 PM



Sky's the limit for civil drones
16 hours ago - Reuters - Jun 19, 2013 12:30 PM
PARIS (Reuters) - From their roots in spying and stealth military attacks, unmanned planes are spreading into the civilian sphere and could soon be put to work in tasks as diverse as inspecting oil pipelines, catching rhino poachers and even flying t


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Sky's the limit for civil drones
16 hours ago - Fox Business - Jun 19, 2013 12:30 PM
From their roots in spying and stealth military attacks, unmanned planes are spreading into the civilian sphere and could soon be put to work in tasks as diverse as inspecting oil pipelines, catching rhino poachers and even flying travelers.


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AIRSHOW-Sky's the limit for civil drones
16 hours ago - Reuters - Jun 19, 2013 12:18 PM
PARIS, June 19 (Reuters) - From their roots in spying and stealth military attacks, unmanned planes are spreading into the civilian sphere and could soon be put to work in tasks as diverse as inspecting oil pipelines, catching rhino poachers and even



AIRSHOW-Sky's the limit for civil drones
16 hours ago - Reuters - Jun 19, 2013 12:18 PM
PARIS, June 19 (Reuters) - From their roots in spying and stealth military attacks, unmanned planes are spreading into the civilian sphere and could soon be put to work in tasks as diverse as inspecting oil pipelines, catching rhino poachers and even


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Dicker: Oil Is the New Gold
16 hours ago - TheStreet - Jun 19, 2013 12:06 PM
NEW YORK (TheStreet) -- I was talking to Jim Cramer about oil and its indefatigable price strength. No matter the news from the Fed or the motion in the stock market, it seems that oil continues to plod along, slowly going higher -- with West Texas I


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UPDATE 1-Petrobras, Sinopec in talks to build $20 bln refinery
17 hours ago - Reuters - Jun 19, 2013 11:35 AM
SAO PAULO, June 19 (Reuters) - Petróleo Brasileiro SA, Brazil's state-run oil company, and China Petroleum and Chemical Corp are in talks to build a $20 billion, 300,000-barrels-a-day refinery in the South American country, according to a securities



UPDATE 1-Petrobras, Sinopec in talks to build $20 bln refinery
17 hours ago - Reuters - Jun 19, 2013 11:35 AM
SAO PAULO, June 19 (Reuters) - Petróleo Brasileiro SA, Brazil's state-run oil company, and China Petroleum and Chemical Corp are in talks to build a $20 billion, 300,000-barrels-a-day refinery in the...



UPDATE 1-Petrobras, Sinopec in talks to build $20 bln refinery
17 hours ago - Reuters - Jun 19, 2013 11:35 AM
SAO PAULO, June 19 (Reuters) - Petróleo Brasileiro SA, Brazil's state-run oil company, and China Petroleum and Chemical Corp are in talks to build a $20 billion, 300,000-barrels-a-day refinery in the South American country, according to a securities



UPDATE 1-Petrobras, Sinopec in talks to build $20 bln refinery
17 hours ago - Reuters - Jun 19, 2013 11:35 AM
SAO PAULO, June 19 (Reuters) - Petróleo Brasileiro SA, Brazil's state-run oil company, and China Petroleum and Chemical Corp are in talks to build a $20 billion, 300,000-barrels-a-day refinery in the...