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Brent slips under $106, stimulus expectations fade
LONDON (Reuters) - Brent crude oil fell under $106 a barrel on Monday, erasing early gains as hopes faded that the United States and Europe would soon announce measures to shore up their fragile economies, which could boost the outlook for oil demand | Reuters
Account for Oil revenue periodically … Anglican Bishop tells GNPC
Yinka –Sarfo, has called for proper, systematic and transparent accounts of oil revenue by the Ghana National Petroleum Corporation (GNPC) to the Public Interest and Accountability Committee (PIAC) at least every three months | The Chronicle
Nigeria: Oil Firms Underpay FG U.S.$ 2.33 Billion
Lagos — Nigeria Extractive Industry Transparency Initiative, NEITI, has disclosed that from its audit report between 2006 and 2008, the Nigerian National Petroleum Corporation, NNPC, received $3.789 billion as dividends from Nigeria Liquefied Natural Gas, NLNG, which it did not confirm that the payments were made to the Federation account | Vanguard
China's CNOOC Engineering (CNOOEC) said on July 27, 2012, through a statement on its website that one of its working vessels – HYSY 699 – had sunk after it was hit by Typhoon Vicente | Rigzone
Analysts Cautious on Total after 2Q Results
Analysts on Monday responded to Total's second quarter results with caution, after the French major reported Friday that 2Q earnings were smaller by nine percent at $3.7 billion | Rigzone
Tower increases Namibia block stake
Tower Resources has entered an agreement with fellow London-listed company Arcadia Petroleum to double its stake in Block 0010, off Namibia | Upstream Online
Iran's oil minister to visit Turkey, meet officials
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