Libyan oil firm hopes for Ras Lanuf restart in second half of 2018 after refinery rulingReutersBENGHAZI, Libya (Reuters) - The Ras Lanuf Oil and Gas Processing Company (RASCO) welcomed on Sunday rulings in favor of the Libyan National Oil Corp (NOC) in int …

Mexico oil regulator expects to give Trafigura contract for crude tradingReutersMEXICO CITY, Dec 21 (Reuters) - Mexico's oil regulator is expected to assign oil trader Trafigura a three-year contract to commercialize crude the government obtains from t …

KLCI slips at midday despite firm ringgit, higher crude oil pricesThe Star OnlineReuters reported that oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another rise in US drilling activity kept a lid o …

The Star OnlineMoody's says oil prices to range US$40 to US$60 until 2018The Star Online“The improved oil price environment, as well as cost rationalisation, will provide an upside to earnings. In addition, we expect that upstream acquisitions will inc …

Alaska Dispatch NewsArctic bans on heavy fuel oil and large-scale fishing win support, but action is slowAlaska Dispatch NewsTwo ideas for protecting the rapidly changing Arctic Ocean — a ban on heavy fuel oil and a moratorium on commercial fishing in inte …

CNBCOil up after US missile strike in SyriaBusiness NewsOil prices have risen, trading near a one-month high and closing the week up 3 per cent after the United States fired missiles at a Syrian government air base, raising concern that the conflict could …

ReutersIran security body reviewing new IPC oil contracts: ministerReutersDUBAI Iran's top security body is still reviewing the Iran Petroleum Contract (IPC) model, Oil Minister Bijan Zanganeh was quoted as saying on Sunday, as the contracts aimed at a …

ReutersExclusive: Saudi Arabia wants oil prices to rise to around $60 in 2017 - sourcesReutersFuel price and last sale of fuel is seen on a fuel pump during early hours in desert near the village of Sila, UAE-Saudi border, south of Eastern province of Khob …

ReutersBP's Mad Dog leads the oil pack's return to the Gulf of MexicoReutersThe project, known as Mad Dog Phase 2, is the first new Gulf platform to be sanctioned in a year and a half, since rival oil major Royal Dutch Shell Plc proceeded with deve …