Monday, April 9, 2012

TOP NEWS PICK : APRIL 9, 2012

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Nigeria: Oil spill- Impacted communities assured of compensation 
WARRI -Magistrate Nureni Kuranga, the president, Marine Board of Inquiry into the oil spill by J. S. Amazing vessel, has assured the 248 communities comprising Itsekiri, Ijaw, Urhobo and Ilaje, impacted by oil pollution, that adequate compensation would be paid to them from International Oil Pollution (IOPC) fund | Sweetcrude

Indonesia's Feb LNG exports drop 19% on month to 1.56 mil mt 
Indonesia's February LNG exports fell 19.2% from January to 1.558 million mt, but was up 11.8% from the same period last year when the export volume was 1.394 million mt, Central Bank of Indonesia data showed Monday | Platts

Petrobras to sell crudes in Asia via VLCCs directly from Brazil: official 
Petrobras will continue selling Brazilian crudes in Asia through its offices in Singapore and Beijing, even after it ceased to be a registered oil products importer in Japan, the company told Platts Monday | Platts

Total assessing Elgin options 
Total is still accessing its options with regards to plugging a large gas leak at a North Sea facility which the French major says is diminishing | Upstream Online



Libya ‘probes oil deals’ 
Prosecutor's office asks NOC over deals with Glencore and Vitol as Total and Eni also probed, report claims | Upstream Online

Blast rocks Egyptian gas pipeline 
Yet another explosion has rocked an Egyptian pipeline transporting gas to Israel and Jordan, according to a report | Upstream Online

Brent slips below $123 on Iran nuclear talks 
(Reuters) - Brent crude slipped more than $1 on Monday as Iran agreed to resume talks with top world powers this week on the country's nuclear programme, raising hopes of a peaceful end to the standoff that has rattled oil market for months | Reuters

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