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Iran's oil exports hold at higher levels as nuke deal extended
The July 25 agreement between Iran and six world powers to extend their interim six-month nuclear deal by four months effectively rules out the likelihood of any significant increase in...Read More »
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FEATURE: Fight over US offshore plan to focus on Gulf of Mexico, Atlantic, Alaska
The Obama administration later this week is expected to fully delve into
the three-year process to develop the next five-year plan for offshore oil and
gas leasing, an effort expected to center on whether to allow drilling in US
Atlantic waters and offshore Alaska.
Hague court orders Russia to pay $50 bil in Yukos case
* Russia expected to seek to overturn the decision in courts
Vietnam's Petrolimex cuts gasoline, diesel, kerosene prices; fuel oil unchanged
Vietnam's state-owned Petrolimex, which accounts for more than half of
domestic oil product sales, has cut its gasoline, diesel and kerosene retail
prices but kept fuel oil rates unchanged, effective Monday, the company said
in a statement on its website Monday.