UPDATE 1-Norway gets bids from 38 oil firms in licensing roundCNBC(Adds names of some bidders, minister quotes). OSLO, Sept 7 (Reuters) - A total of 38 oil companies have submitted bids for exploration acreage offshore Norway in a so-called predefined area …

Wall Street JournalCaspian Nations Move to Settle Dispute on Oil and Gas ReservesWall Street JournalCaspian reserves as of 2012 were estimated at 48 billion barrels of oil and 292 trillion cubic feet of natural gas, said the Energy Information Administrati …

Is Venezuelan Oil Production Falling Even Faster Than Expected?OilPrice.comThe bad news from Venezuela continues. In July, Venezuela's oil production came in lower than PDVSA had targeted, according to Argus Media. While PDVSA had hoped that it, along …

Economic TimesUS sanctions on Iran oil will hurt India more than you thinkEconomic TimesPoliticians and bureaucrats may work on "the continuation of Iran's exports of oil and gas," but it's companies, not governments, that buy Iran's …

Economic TimesCrude oil: US sanctions on Iran oil will hurt India more than you think ...Economic TimesBy Julian Lee The first U.S. sanctions have been reimposed on Iran with little sign of either side softening its position. Curbs on oil exports will foll …

BloombergShell Sees Gas as Answer in Nigeria After Decades of Oil StrifeBloombergThe Anglo-Dutch oil major is seeking to develop Nigeria's domestic energy market around natural gas. It's plentiful, harder to steal, better for the environment and ca …

CNBCJudge throws out New York City's climate change lawsuit against 5 major oil companiesCNBCA federal judge on Thursday threw out a lawsuit brought by New York City against five major oil companies for their role in contributing to climate change. New …

BloombergCanadian LNG Seen Having Knock-on Boost to Country's Oil OutputBloombergCondensate, an ultra-light form of oil, is produced when natural gas is pulled out of the ground. Without LNG, the combined crude and condensate output wouldn't rise h …

Tank overflow at well near Keene causes brine, oil spillSan Francisco ChronicleKEENE, N.D. (AP) — State officials are monitoring cleanup of a spill at an oil well in McKenzie County. Samson Oil and Gas USA, Inc. on Thursday reported the spill of about 41,0 …

The GuardianScience Museum under pressure to shun big oil sponsorshipThe GuardianThe group said the museum's internal reports on the oil firms, released under freedom of information rules and seen by the Guardian, show the Science Museum knew about the …