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Oil Spill Detected near Exxon Operations in Nigeria
EKET, Nigeria - An oil spill has been detected along the coast of southern Nigeria near operations for U.S. giant Exxon Mobil Corp., the company said Monday, but the cause and size of the leak remained unclear | Rigzone
Iran tensions push up oil price
Fears of supply crunch and hopes of stimulus combine to send up price of barrel of crude | EINNews
OSX scores $900m FPSO job
Petrobras has awarded a more than $900 million contract to OSX to convert two floating production units, with the option for a third | Upstream Online
Eon said on Monday that the continuing eurozone crisis had damped demand for energy in Europe and hit the German utility’s profits from power generation as it warned it would look at closing plants | Financial Times
Nine killed in clashes at S Africa platinum mine
Nine people, including two policemen, have been killed in clashes between labour unions at a South African mine operated by Lonmin, the world’s third largest platinum producer. It is by far the deadliest spate of violence in a turf war rocking the sector | Financial Times
BP sells California refinery for $2.5bn
BP is to sell a Californian oil refinery to Tesoro of the US for $2.5bn, part of a plan to cut back its downstream business and raise money to cover the cost of the Deepwater Horizon disaster | Financial Times
‘Nigeria’s improved oil output may push earnings up 20%’
13 August 2012, Sweetcrude, LAGOS -CURRENT improvement in Nigeria’s crude oil production to 2..7 million barrels per day may lead the country to reap increased revenue from oil during the year | SweetCrude
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