Oil: Price rises above $95 a barrel, tracking stocks – Tulsa World


Independent Online
Oil: Price rises above $95 a barrel, tracking stocks
Tulsa World
Oil's gain could be fleeting if recent concerns about demand resurface. China, which has seen a decline in manufacturing activity, releases data on factory production later this week. In the U.S., demand for gasoline has been weaker compared with last
Oil price fallsIndependent Online
Oil price rises to near $97 per barrelLas Vegas Sun
The price of oil rises to above $95 a barrel as traders await data from US and The Republic
Montana Standard
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Falling Oil Price, Theft Worry Okonjo-Iweala – Leadership Newspapers


Leadership Newspapers
Falling Oil Price, Theft Worry Okonjo-Iweala
Leadership Newspapers
Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala has expressed her worries over falling crude oil price in the international market, with the attendant impact on the Excess Crude Account. Speaking during a visit to the Headquarters of the
Okonjo-Iweala: Low Oil Price, Theft May Reduce ECA's AccretionTHISDAY Live
Okonjo-Iweala commends FIRS, raises concern about declining oil revenuePremium Times

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India Approves ONGC Plan for Kazakh Oil-Field Stake – Wall Street Journal (India)

India Approves ONGC Plan for Kazakh OilField Stake
Wall Street Journal (India)
NEW DELHI—India's government has approved ONGC Videsh Ltd.'s proposal to buy a minority stake in an oil field in Kazakhstan from ConocoPhillips for $5.5 billion, a senior executive at the unit of Oil & Natural Gas Corp. said Monday. The deal now needs
India Approves ONGC Bid for Stake in Kazakh Oil FieldFox Business
OVL resumes crude oil production in SudanZee News
OVL bets big on shale booty found with Imperial EnergyDaily News & Analysis

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Iran offers oilfield, pipeline to India for raising oil import – Deccan Herald


The New Indian Express
Iran offers oilfield, pipeline to India for raising oil import
Deccan Herald
Iran offers oilfield, pipeline to India for raising oil import. New Delhi: May 28, 2013 PTI. Rattled by India's sharp cut in purchase of its oil, Iran on Monday offered oilfields on lucrative terms, routing gas pipeline through sea to avoid Pakistan
Iran offers oil fields at lucrative terms to IndiaINDOlink
Iran re-ignites oil trade with IndiaThe New Indian Express
Iran offers sweeteners to push more oilTimes of India
Livemint –Indian Express
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UAE Supports High Oil Prices and Believes Demand will Remain Weak in 2013 – OilPrice.com


Trade Arabia
UAE Supports High Oil Prices and Believes Demand will Remain Weak in 2013
OilPrice.com
On 31st May, OPEC (the Organisation of Petroleum Exporting Countries) will meet to review its target for oil production for the year, which will help ensure that supply from its members is sufficient to meet demand. As OPEC prepares for this meeting
Oil: Price falls below $94 a barrel on US holidayTulsa World
UAE Oil Minister Says Oil Prices Are Not a Threat to Global EconomyFox Business
Current oil price no threat to economy: UAE ministerTrade Arabia
Wall Street Journal –Tehran Times
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Railroad Commission Adopts New Well Construction Rules – StateImpact Texas


KUHF-FM
Railroad Commission Adopts New Well Construction Rules
StateImpact Texas
The Texas Railroad Commission passed a long-awaited rule on Friday to strengthen the construction of oil and gas wells. The rule, known as the “well-integrity rule,” passed by a unanimous vote among the three commissioners. It will take effect next
Will Texas Lawmakers Save the Railroad Commission?KUHF-FM
Could this be the end for the Texas Railroad Commission?Fort Worth Star Telegram
Lawmakers haven't saved Texas Railroad Commission yetDallas Business Journal
San Antonio Express (blog) –FuelFix (blog) –Dallas Morning News
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Will Texas Lawmakers Save the Railroad Commission? – KUHF-FM


KUHF-FM
Will Texas Lawmakers Save the Railroad Commission?
KUHF-FM
In a statement Friday, the Texas Oil and Gas Association urged lawmakers to extend the remit of the Railroad Commission for at least six years. The association "remains very concerned that to date, the Railroad Commission has not been included in a
Could this be the end for the Texas Railroad Commission?Fort Worth Star Telegram
Railroad Commission Adopts New Well Construction RulesStateImpact Texas
Lawmakers haven't saved Texas Railroad Commission yetDallas Business Journal
San Antonio Express (blog) –FuelFix (blog) –Dallas Morning News
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Could this be the end for the Texas Railroad Commission? – Fort Worth Star Telegram


FuelFix (blog)
Could this be the end for the Texas Railroad Commission?
Fort Worth Star Telegram
The Railroad Commission, which regulates the state's oil and gas industry, was created in 1891 and is guided by a three-member commission currently made up of Barry T. Smitherman, David Porter and Christi Craddick, daughter of former House Speaker
Railroad Commission Adopts New Well Construction RulesStateImpact Texas
Railroad Commission heading to graveyardHouston Chronicle (blog)
Railroad Commission approves well integrity rulesFuelFix (blog)
Dallas Business Journal –Dallas Morning News –NGI’s Shale Daily (subscription)
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Tribune: Will Texas lawmakers save the Railroad Commission? – Midland Reporter-Telegram


KSAT San Antonio
Tribune: Will Texas lawmakers save the Railroad Commission?
Midland Reporter-Telegram
If lawmakers do not act soon, the agency that regulates oil and gas in Texas could disappear. A legislative review of that agency, the Texas Railroad Commission, failed this session, and a measure that might be used to keep the agency alive until 2015
New in The Texas TribuneTexas Tribune

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Oil majors face class action lawsuit over alleged price rigging – Telegraph.co.uk


Telegraph.co.uk
Oil majors face class action lawsuit over alleged price rigging
Telegraph.co.uk
The EC is investigating whether the companies colluded to distort the benchmark of oil and other products by reporting distorted prices to agency Platts for more than a decade. The Brent benchmark is used as the basis for trades and contracts for
Dear Brussels, you asked about the oil price. . .Financial Times
BP, Shell, Statoil face US lawsuit after EU oil price probeFuelFix (blog)
Trading firm sues BP, Shell and Statoil in oil pricing probeHouston Business Journal
Chicago Tribune –Royal Dutch Shell plc .com –NASDAQ
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Oil: Price ends week down 2 percent on tepid demand outlook – Tulsa World


Washington Post
Oil: Price ends week down 2 percent on tepid demand outlook
Tulsa World
NEW YORK — The price of oil fell 2 percent this week, as oil traders worried about global demand and shared the stock market's concerns about possible changes to the Federal Reserve economic stimulus program. The loss Friday was just 10 cents,
US oil price edges down amid Fed stimulus uncertaintyXinhua
Oil price falls to three-week lowArab News
Oil tracks gains in stocks, erases early losses; US pump price at $3.66 as Washington Post
OilPrice.com –Yahoo! News –CBS Moneywatch
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