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  • No offers on oil block 11 in Iraq energy bids-government

    No offers on oil block 11 in Iraq energy bids-government

    No companies put in offers for oil Block 11 in Iraq's new energy bidding round, the oil ministry said on Wednesday.

    May 30, 2012 5:37
  • Asia-Crude-Chinaoil

    Oil falls on Spain, China worries

    Brent on track for biggest monthly loss in 2 yrs; Losses trimmed after European Commission recommendations; Risk aversion grips markets as fears on Spanish banks mount; Hopes fade for China stimulus package; Coming up: API weekly inventory data; 2030 GMT

    May 30, 2012 5:37
  • Brent-crude-ends-lower-on-Spanish-credit-woes

    Brent oil falls to lowest since December

    Brent crude oil futures extended losses on Wednesday, reaching their lowest since December on worries about the future of Spain's banks and dimming prospects of Chinese stimulus measures.

    May 30, 2012 5:25
  • Japan's Iran crude imports dive in April

    Japan’s Iran crude imports dive in April

    Iran crude imports fell 6.3 pct yr/yr in March; Japan oil buyers braced for EU ban from July; More closely-watched METI oil data due on Thursday

    May 30, 2012 1:32
  • BP-resuming-operations-in-Libya-NOC

    BP to resume operations in Libya

    Shell to quit fields but says not leaving Libya; BP's Libya role triggered earlier political row over Megrahi; BP says security situation "manageable"

    May 30, 2012 1:27
  • UN-agency-plans-major-warning-on-Flame-virus-risk

    UN agency plans major warning on Flame virus risk

    UN agency official says most serious warning ever; Says Flame could possibly attack critical infrastructure; UN agency to issue confidential warning to governments; Some industry observers skeptical about implied dange; Trend Micro says IXESHE virus attacked Asian governments

    May 30, 2012 1:23