Oil Ministry rethinks on terms for extending oil field contractsEconomic TimesProduction Sharing Contracts (PSCs) for as many as 28 fields including western offshore Panna/Mukta and Tapti oil and gas field operated by BG Group of UK are due for extension a …

The Daily StarIraq oil revenues fall short of budget projections: PMThe Daily Star"So far, our oil revenues are below what was passed in the budget," Abadi said in televised remarks, without providing exact figures on the shortfall. Iraq's pa …

Telegraph.co.ukNicola Sturgeon admits independence oil figures were wrongTelegraph.co.ukThis newspaper reported yesterday how the independent Office for Budget Responsibility (OBR) has dramatically revised down its predictions for how much oil and gas will …

Christian Science MonitorAlgeria leads exporters' charge to rally oil pricesChristian Science MonitorAlgerian President Abdelaziz Bouteflika's government has begun a series of talks with oil producing countries, whether they're members of OPEC …

Wall Street JournalOil Prices Gain on Demand ExpectationsWall Street JournalOil futures held losses Wednesday as weekly inventory data showed U.S. crude supplies at a new record high. U.S. crude-oil stockpiles rose for the seventh straight week, gaining 8. …

Wall Street JournalOil Prices Slip as US Supplies Rise to RecordWall Street JournalOil futures held losses Wednesday as weekly inventory data showed U.S. crude supplies at a new record high. U.S. crude-oil stockpiles rose for the seventh straight week, gai …

The EconomistOPEC and the oil glutThe EconomistNIGERIA is among the OPEC members hardest hit by the fall in the oil price: a decline which the cartel's hands-off approach to production has prompted. In the run-up to the presidential election (postponed …

Wall Street JournalOil Prices Move Higher After China Economic DataWall Street JournalThe latest manufacturing gauge in China, the world's second biggest oil consumer, showed a modest improvement in February. The preliminary HSBC China Manufacturing PM …

Telegraph.co.ukSNP accused of hypocrisy after demanding Westminster help over North Sea oilTelegraph.co.ukMr Ewing urged the UK to cut the supplementary charge levied by the Treasury on oil firms and implement an exploration tax credit to "bring up th …

Sydney Morning HeraldCheap oil will fuel global economy: World BankSydney Morning HeraldThe slump in oil prices is set to boost the global economy, with crude-importing countries expected to substantially benefit, says the World Bank. A 10 per cent drop in …