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US natgas rig count gains, oil rigs hit 6-month low
The number of rigs drilling for natural gas in the US rose after posting a 13-year low, but the oil-directed rig count slid to a six-month low, data from Houston-based oil services firm Baker Hughes showed | Equities
Yemen's main oil export pipeline shut after bombings
Flows through Yemen's main oil export pipeline were stopped after the line was blown up in two places on Sunday night, the state news agency and local government sources said | Reuters
Oil Fluctuates as Japan Contraction Counters China, U.S. Data
Oil in New York fluctuated after its first weekly gain in a month as signs of an improving economic outlook in China and the U.S. countered concern that a contraction in Japan will curb demand | BloomberBusinessWeek
Kazakhstan: Atyrau region hosts oil and gas meeting on local content
Kazakhstan will fully supply the domestic market with light oil starting from 2015 following the reconstruction of the three domestic refineries | Caspionet
Total confirms talks over Nigerian assets
The chief executive of French oil major Total said he would not deny a report company was in talks to sell assets in Nigeria, worth about $2.4 billion, to China's Sinopec | Upstream Online
Shell shuts Nigerian pipeline
Shell shut its Imo River oil pipeline in Nigeria at the end of last month due to damage caused by thieves and deferred 25,000 barrels per day of production | Upstream Online
Brent oil slipped below $109 a barrel on Monday due to demand growth concerns as President Barack Obama struggles to reach a deal to avert a looming US fiscal calamity, overshadowing upbeat data from key consumer China | Upstream Online
Exxon's PNG LNG project costs balloon to $19 billion
SYDNEY (Reuters) - Exxon Mobil said it faces a $3.3 billion spike in costs at its LNG project in Papua New Guinea, the latest Asia-Pacific project to be hit by cost overruns as competition is set to grow from new gas supplies coming on tap in North America and Africa | Chicago Tribune
Saudi happy with current oil price: Naimi
The global oil market is in a good shape and Saudi Arabia is happy with the current oil price, Saudi Oil Minister Ali Al-Naimi said on Sunday, expressing satisfaction over a Gulf effort which kept prices in check | EINNEWS
ExxonMobil records another spill at Qua Iboe field
Mobil Producing Nigeria Unlimited has recorded another oil spill at its Qua Iboe oil field | SweetCrude
25 Indian firms for Abu Dhabi World Future Energy Summit
Tata Solar and the Chennai-based Regen Powertech are among the over-25 companies that have confirmed participation in the World Future Energy Summit that is scheduled to be held in Abu Dhabi between January 15 and 17, 2013 | Hindu Business Line
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Iceland signs on to Africa geothermal plan
REYKJAVIK, Iceland, Nov. 12 (UPI) -- Iceland has signed on with the World Bank to play a major role in a major geothermal energy project targeting East Africa, its foreign affairs minister says | UPI
SPDC completes 8th Nigerian oil mining lease sale
THE HAGUE, The Netherlands, November 9, 2012 /PRNewswire/ --The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell) (NYSE: RDS.A) (NYSE: RDS.B), has completed the assignment of its 30% interest in Oil Mining Lease 30 (OML30) in the Niger Delta to Shoreline Natural Resources Limited (Shoreline). Total cash proceeds for Shell amount to some US$567 million | YourOilandGasNews
Sudan: China, Sudan Agree to Increase Oil Production - Officials
Khartoum — Sudan and China have agreed to work towards increasing the former's oil production and boosting cooperation in the field of mining, officials said | AllAfrica
Heritage heading for Kurdistan exit
London-listed Heritage Oil will transfer its remaining 49% stake in the Miran Block, in the Kurdistan region of Iraq, to Genel Energy | Upstream Online
Malaysia's Petronas resubmits $5.2 billion off for Progress Energy: report
Malaysia's state-owned Petronas has resubmitted its proposed $5.2 billion takeover of Canada's Progress Energy Resources, saying it will add more independent directors to the Canadian company's board to alleviate concerns about transparency and governance, the Financial Times reported Monday | Platts
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