UPDATE 1-Nigeria lawmakers look into recovering $21 bln revenues from oil groupsReutersThe committee will ask the minister to provide details of financial transactions between the state oil firm and international oil companies and report back to parliament …

Russian rouble firms buoyed by end-year tax payments and steady oilReutersMOSCOW, Dec 20 (Reuters) - The Russian rouble opened unchanged to the dollar on Wednesday and slightly firmed shortly afterwards, moving within a narrow trading band, propped by end- …

New York TimesHere's What Oil Drilling Looks Like in the Arctic Refuge, 30 Years LaterNew York TimesThese satellite images of a small part of the Arctic National Wildlife Refuge show the site of what, so far, is the only oil well ever drilled in the re …

ReutersParalysis at PDVSA: Venezuela's oil purge cripples companyReutersThe ongoing purge, in which prosecutors have arrested at least 67 executives including two recently ousted oil ministers, now threatens to further harm operations for the OPEC coun …

PT2SB signs financing agreement for Malaysia oil storage terminalReutersSINGAPORE, Dec 12 (Reuters) - * Dutch oil and chemical storage company Royal Vopak said that PT2SB, a joint venture between it and Malaysia's Petroliam Nasional Berhad (Petronas), …

AMN Al-Masdar NewsIraq's Kurdistan makes $100 million monthly payment to oil producers despite crisisReutersKurdistan has presold a large part of its future oil output to trading houses such as Vitol, Glencore, Petraco and Trafigura as well as Russian …

Reuters.comUS oil service firms face hit from Venezuela debt restructuringReuters.comOil accounts for over 90 percent of the nation's export revenues. Socialist President Nicolas Maduro on Thursday said the country plans to potentially restructure some …

ReutersBP joins Shell in helping Mexico execute oil hedge: sourcesReutersOn Tuesday, Brent oil prices stood at $64 per barrel. For more than a decade, Mexico's government has paid for a hedge every year in a bid to guarantee its revenues from oil expor …

Russian rouble recovers as oil prices climb higher for second dayReutersMOSCOW, Oct 10 (Reuters) - The Russian rouble on Tuesday recovered from its weakest levels since late September as oil prices climbed higher for the second day in a row. At 0750 GMT, t …

Russia's Litasco oil trader to explore areas of cooperation with Saudi AramcoReutersMOSCOW (Reuters) - Russia's Litasco oil trader has signed a memorandum with Saudi Aramco to explore various possible areas of further cooperation in oil supply trad …