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Oil holds at $120 amid Iran cutbacks
Oil held close to $120 a barrel as Iran's top customers in Asia moved to cut back on supplies due to tighter sanctions by the West | Upstream Online Nigeria 'losing 7 percent of crude to theft' Oil companies in Nigeria are battling against rising theft costing an estimated 150,000 barrels of crude a day, a top oil official said Tuesday | AFP
Tullow completes $2.9bn Uganda farm-out UK-based explorer Tullow Oil has completed the long-delayed farm-out of two-thirds of its Ugandan exporation licences to Total and China National Offshore Oil Corporation in a $2.9 billion deal | Upstream Online
Tullow Oil announces Jupiter-1 discovery offshore Sierra Leone Tullow Oil plc (Tullow) announces that the Jupiter-1 exploration well in Block SL-07B-11 offshore Sierra Leone has successfully encountered hydrocarbons. This has been confirmed by the results of drilling, wireline logs and samples of reservoir fluids | Industry News
Iran inks $800m oilfield deal Iran has inked an $800 million deal with a compatriot outfit to develop a trio of oilfields in the Persian Gulf, a report has claimed | Upstream Online
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