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17.10.2013 Belarus to Receive Less Oil from Russia Than Expected in 2013 - Official

In 2013 Russia will export less oil to Belarus than planned, the government news agency BelTA has reported, citing First Deputy Prime Minister Vladimir Semashko as telling the 18th Belarusian Energy and Ecology Congress on October 16.

17.10.2013 ONGC Finds Oil off Andhra Pradesh in India

Oil and Natural Gas Corporation (ONGC), facing a prolonged stagnancy in oil production, has got a shot in the arm with one of its blocks in the Krishna-Godavari basin off the Andhra Pradesh coast, close to Reliance Industries’ much-touted KG-D6 field, having been found t

17.10.2013 Rosneft May Increase Share in Belarusian Refinery

Rosneft could be interested in Belarus' state stake in Mozyr oil refinery, a profitable duty-free destination for the Russian companies, Interfax news agency quoted Rosneft's head Igor Sechin as saying on October 16, Reuters reported on October 17.

17.10.2013 China Not Top Oil Importer - Xinhua

Media reports of China surpassing the United States as the world's biggest oil importer as shown by data from a US government agency were somewhat overrated, Xinhua reported on October 17, citing experts.

17.10.2013 Oil Price Overheated – Russian Deputy Minister

Political risks are pushing oil prices up, but they will decrease in a mid-term perspective, Prime has cited Russian Deputy Economic Minister Andrei Klepach as saying on October 16.

15.10.2013 Asia-Pacific Oil Imports to Near Mideast 2011 Crude Output by 2035 - ADB

Net oil imports in the Asia-Pacific will rise to more than 25 million barrels per day in 2035, or close to the current crude output in the Middle East, as energy demand growth outpaces the rest of the world, Reuters has cited the Asian Development Bank as saying on Octob

15.10.2013 Cambodia Wants Sinopec to Build Oil Refinery by 2018

Cambodian Prime Minister Hun Sen on Monday urged China Petroleum & Chemical Corporation, or Sinopec Corp, the Asia's largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia by 2018, Xinhua reported on October 15

15.10.2013 Lukoil to Boost Exports to China

Russia's second largest oil producer Lukoil expects to increase oil exports to China, with its oilfield project in Iraq about to be put into production, China Daily reported on October 15, citing the company's chief executive as saying on Monday.

15.10.2013 No Oil Found in Israeli Coastal Well

Israeli oil drilling company Shemen Oil and Gas Resources Inc. said late Sunday that a promising offshore well in the Mediterranean Sea does not contain any oil, The Times of Israel reported on October 14.