Gazprom Neft Eyeing New Tax Relief For Novoportovskoye Oilfield
Russia's Gazprom Neft is considering applying to the finance ministry for a profit-based tax for Novoportovskoe, one of its largest fields.

Reuters



ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.



Reuters

LUANDA, Feb 9 (Reuters) - Angolan legislation on exploration and oil rig flanges gulf coast production rights for natural gas is "in its final stages," the president's oil secretary, Paulino Jeronimo, said on Friday.



Reuters

NEW YORK, Feb 9 (Reuters) - Oil prices slid more than 3 percent on Friday as U.S. futures fell below $60 a barrel for the first time since December on renewed concerns about rising crude supplies.



Reuters

BANGKOK, Feb 9 (Reuters) - Thailand expects to hold auctions for two gas fields this March after terms are approved, Energy Minister Siri Jirapongphan said on Friday at a seminar.



New Eni Discovery 'Confirms' Extension of Zohr Like Play in Cyprus EEZ
Eni has made a 'promising' gas discovery offshore Cyprus, which it says confirms the extension of a 'Zohr like' play in the country's exclusive economic zone.



France's Total Lifts Shareholder Rewards As Profit Jumps
Higher oil rig flanges gulf coast production drove a 28% rise in net profit at Total last year.

Reuters

PARIS, Feb 8 (Reuters) - Higher oil rig flanges gulf coast production drove a 28 percent rise in net profit at Total last year, allowing the French oil and gas group to hike dividends and announce plans to buy back shares.



US Gas Drillers Are Missing Out on Asia's Oil-Driven Boom
If you're pumping natural gas in the US, you're probably missing out on Asia's boom.

(Bloomberg) -- If you’re pumping natural gas in the U.S.



Wood announced Thursday that it has been awarded a new contract with Bluewater to provide industrial services to the Haewene Brim floating oil rig flanges gulf coast production storage and offloading (FPSO) facility in the UK North Sea.



Oil Hits 7-Week Low On Expectations Of Higher US, Iran Output
Oil prices fall to their lowest in seven weeks.

Reuters

NEW YORK, Feb 8 (Reuters) - Oil prices fell to their lowest in seven weeks on Thursday amid fears of rising global supplies after Iran announced plans to increase oil rig flanges gulf coast production and U.S.

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