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Crude slips after rally
Brent crude futures extended losses and slipped below $124 on Tuesday, snapping a surge that threatened to hurt the global economy while concerns over supply from the Middle East helped stem the slide | UpstreamOnline
Nigeria: ANEEJ decry secrecy surrounding renewal of Mobil leases
28 February 2012, Sweetcrude, Benin -The Africa Network for Environment and Economic Justice (ANEEJ) a Benin based Non-Governmental Organisation has frowned at the secrecy surrounding the recent renewal of expired Oil Mining licences (OMLs) 67, 68 and 70 held by Mobile Producing Nigeria (MPN) in joint venture with the Nigerian National Petroleum Corporation (NNPC) for another 20 years | SweetCrude
Exxon openly seeking Kurdistan oil talks following months of silence
Exxon Mobil has unveiled in its annual report plans to explore for oil in Iraq's Kurdistan, breaking months of silence over the investment that has outraged Baghdad, Reuters has reported | Ameinfo
Obama supports TransCanada's bid to push ahead with part of oil pipeline
White House welcomes construction of portion of pipeline between Oklahoma and Texas, but activists condemn 'betrayal' | The Guardian
Nigeria urges Chevron to help fire victims
KOLUAMA, Nigeria (Reuters) - Nigeria's president visited the site of a fire caused by an accident at Chevron's offshore Funiwa oil facility and urged the company to give more aid to the communities affected. | Reuters
Chevron Corporation through its Nigerian subsidiary Chevron Nigeria Limited today confirmed first production from the deepwater offshore Usan project in Nigeria | MarketWatch
Keystone to Re-Apply for Permit to Build Controversial Pipeline
(WASHINGTON) -- House Speaker John Boehner criticized President Obama Monday for his comments praising TransCanada Corporation’s continued efforts to build a 1,661-mile, $7.6 billion Keystone XL oil pipeline from the tar sands of Alberta, Canada, through the U.S. to the oil refineries in the Gulf of Mexico | WTMA
Cushions to stem Iran oil price spike are proving elusive
The oil market has reacted to the recent imposition of sanctions by the US and European Union in ways none of the leaders on either side of the Atlantic apparently contemplated | Financial Times
ExxonMobil announces VP’s retirement
27 February 2012, Sweetcrude, HOUSTON - US giant, Exxon Mobil Corporation, says its vice president, Human Resources, Lucille J. Cavanaugh has announced her intention to retire effective April 1, 2012, with more than 34 years of service | SweetCrude
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