Bomb hits Libyan oil pipeline, halting flow to port
A bomb exploded at an oil pipeline from Libya's El Sarir field on Saturday, halting flows to Hariga port as the country struggles to restore crude exports battered by factional fighting.
Rosneft's 2015 budget based on $50 per barrel oil price - CEO
Russia's top oil producer Rosneft is basing its budget for this year on an average oil price of $50 per barrel, the company's Chief Executive Officer Igor Sechin said on Wednesday.
Exclusive: Rosneft raising money from Swiss trader as debt payment looms
Rosneft is raising money from Swiss trader Trafigura days before it must repay a $7 billion debt, industry sources said, seeking new funding options after the Russian central bank said its borrowing via the domestic bond market had added to pressure on the struggling rouble.
Global stocks, oil rally on Greek plan; dollar falls
Stock markets rallied around the world on Tuesday while the U.S. dollar fell after the new Greek government dropped calls for a write-down of its foreign debt, easing concerns about growing instability in the euro zone.
BP deepens capex cuts, surprises with Rosneft profit
BP said it would deepen capital investment cuts this year to adapt to lower oil prices after a surprise contribution from its stake in Russia's firm Rosneft helped it to beat quarterly profit forecasts.
Shell signs $11 billion deal to build petrochemicals plant in Iraq
Royal Dutch Shell (RDSa.L) signed a deal with Iraq on Wednesday worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, boosting the country's aim to become a major regional energy player and diversify its income.
China urges India to take steps to satisfy standards of nuclear group
China called on India on Monday to take more steps to satisfy the standards of a global organization that controls atomic exports after U.S. President Barack Obama said the United States was in favor of India joining the group.
Oil falls again as IMF cuts forecast; Iran hints at $25 oil
Oil fell as much as 5 percent on Tuesday after the International Monetary Fund cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted prices could drop to $25 a barrel without supportive OPEC action.
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