CORRECTED-Indonesia regulator says Cepu oilfield faces setback – Reuters


Jakarta Globe
CORRECTED-Indonesia regulator says Cepu oilfield faces setback
Reuters
JAKARTA Jan 28 (Reuters) – ExxonMobil Indonesia's Cepu block will likely not reach full production until August or September 2014, behind the initial schedule for May 2014, an official from the oil and gas regulator told Reuters on Monday. "Initially
Officials Bracing for Fallout From ExxonMobil SagaJakarta Globe
UPDATE 1-Indonesia calls for Exxon to replace local chiefReuters UK

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Texas Oilfield Services Provider Gets New Chief Accounting Officer – KWTX

Texas Oilfield Services Provider Gets New Chief Accounting Officer
KWTX
HOUSTON (January 28, 2013)—Houston-based oilfield services provider Flotek Industries Inc. announced Monday it is getting a new chief accounting officer to replace departing Johnna Kokenge. Kokenge is leaving to pursue other interests, the company
Flotek Industries Announces Appointment Of H. Richard Walton As Chief Daily Markets (press release)

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Opec upbeat on 2013 crude oil price – Financial Times


Business Recorder
Opec upbeat on 2013 crude oil price
Financial Times
Weak global growth and increased domestic oil production in the US, traditionally Opec's largest customer, have led some analysts to forecast downward pressure on the price of oil this year, as well as an erosion of Opec's ability to influence prices.
OPEC Sees Oil Markets Well Supplied, No Price Collapse in 2013Bloomberg
OPEC chief: market balanced; no oilprice slumpMarketWatch
Oil Trades Near Four-Month High as OPEC Sees No Price CollapseBusinessweek
Platts
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Oil prices rise above $96 per barrel ahead of the release of US jobs, GDP data – Washington Post

Oil prices rise above $96 per barrel ahead of the release of US jobs, GDP data
Washington Post
BANGKOK — The price of oil rose slightly Monday, a sign of investor confidence in the U.S. economy's recovery ahead of the release of data on jobs, home sales and the country's overall growth. Benchmark oil for March delivery was up 14 cents to $96.02
Quick LookMalaya

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Texas Railroad Commission takes steps to modernize – LubbockOnline.com


Pampa News
Texas Railroad Commission takes steps to modernize
LubbockOnline.com
The Railroad Commission of Texas regulates one of the most advanced industries in the world — oil and gas drilling. Yet the commission's software systems, many of its rules and even its name are from another era. As the 122-year-old agency confronts a
Texas Railroad Commission resistant to name changeHouston Business Journal
Plan to revamp Railroad Commission includes new nameAmarillo.com (blog)

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Oil Futures Retreat on Stockpile Issue – Wall Street Journal


AFP
Oil Futures Retreat on Stockpile Issue
Wall Street Journal
Many investors had expected that the flow of oil through Seaway would quickly lower U.S. oil stockpiles as more refineries gained access to the oil at Cushing, the delivery point for the benchmark U.S. crude futures, allowing prices to rise. Initially
Oil prices edge above $96 a barrel amid recent signs of growth in the US and Victoria Times Colonist
Oil rise above $96 despite growing stockpilesMiamiHerald.com
Oil price dips, trading muted on US public holidaySioux City Journal
MarketWatch –Timesonline.com
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Oil Trades Near Highest Price in Four Months on Economic Outlook – Bloomberg


CNBC.com
Oil Trades Near Highest Price in Four Months on Economic Outlook
Bloomberg
Oil traded near the highest price in four months in New York after posting the longest run of weekly gains since April 2009, lifted by speculation that a global economic recovery will boost fuel demand. West Texas Intermediate crude was little changed
Weekly Commodity Update: Oil higher, gold slides but all are outclassed by Peninsula On-line

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Crude oil prices end year on steady note – Arab Times Kuwait English Daily

Crude oil prices end year on steady note
Arab Times Kuwait English Daily
KUWAIT CITY, Jan 26: Crude oil prices were reasonably stable through December, rounding off a quiet 4Q 2012. The price of Kuwait Export Crude (KEC) traded in the narrow range of $104 to $108 per barrel (pb) through the month and into early January,
Kuwait oil price drops to USD 108.26 [Kuwait News Agency]Equities.com

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Texas Railroad Commission resistant to name change – Houston Business Journal


Pampa News
Texas Railroad Commission resistant to name change
Houston Business Journal
The Texas Railroad Commission faces several key issues this year in overseeing the state's oil and gas industry. James Jeffrey: Contributing Writer- Austin Business Journal: Email. Oil and gas exploration is as hot a topic among voters and legislators
Texas Railroad Commission takes steps to modernizeSan Antonio Express
Plan to revamp Railroad Commission includes new nameAmarillo.com (blog)

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Court rejects energy industry challenge to oil lease withdrawals – Summit County Citizens Voice


Summit County Citizens Voice
Court rejects energy industry challenge to oil lease withdrawals
Summit County Citizens Voice
Court rejects energy industry challenge to oil lease withdrawals on western public land. Posted on January 25, 2013 by Bob Berwyn. Contested oil and gas plays at issue in federal appeals court. A federal court this week ruled on the disposition of

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Texas Railroad Commission takes steps to modernize – San Antonio Express

Texas Railroad Commission takes steps to modernize
San Antonio Express
The Railroad Commission of Texas regulates one of the most advanced industries in the world — oil and gas drilling. Yet the commission's software systems, many of its rules and even its name are from another era. As the 122-year-old agency confronts a
Texas Railroad Commission resistant to name changeHouston Business Journal
Plan to revamp Railroad Commission includes new nameAmarillo.com (blog)

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Oil dips as slowing new home sales offset boost from stock markets; gasoline … – Washington Post


CBC.ca
Oil dips as slowing new home sales offset boost from stock markets; gasoline
Washington Post
The price of oil fell slightly Friday as a report showing a cooling off in new home sales offset the positive influence of ebullient U.S. stock markets. Benchmark oil fell 7 cents to close at $95.88 in trading on the New York Mercantile Exchange. It
Oil price falls on ample supply, US uncertaintyCBS Moneywatch
Oil prices rise on strong indicatorsThe Australian
Oil: Price drops 1.5 percent; gains could be tapering offTulsa World
Boston Globe –Moneynews –STLtoday.com
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Mercuria in Talks to Sell Stake, Sees $90 Oil Price Floor – Bloomberg

Mercuria in Talks to Sell Stake, Sees $90 Oil Price Floor
Bloomberg
Oil markets will maintain “a certain stability with last year” even as prices may be “marginally lower,” he said today. Crude probably won't drop below a range of $90 to $100 a barrel because the Organization of Petroleum Exporting Countries would cut
UPDATE 1-Mercuria sees strategic stake deal in 6 monthsReuters UK

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