Oil & gas
EU regulator raids oil giants over price manipulation
15 May 2013
The European Commission yesterday raided the offices of oil giants including Royal Dutch Shell, BP and Statoil over concerns that they colluded in manipulating the oil price benchmark in violation of EU antitrust rules
US shale boom to hit OPEC prices over next 5 years: IEA
15 May 2013
The US shale boom is likely to rock the global oil trade over the next five years, benefiting US refiners and displacing OPEC as the major supplier of oil, according to the International Energy Agency
Diesel price goes up by 90 paise per litre
10 May 2013
Indian Oil Corporation said the Rs0.90 a litre (excluding VAT) increase in the retail selling price of diesel covers government permitted increases for April and May
Apache Corp plans to sell assets worth $4 bn
09 May 2013
Petronas to buy OGX's Brazilian offshore field stake for $850 mn
08 May 2013
Malaysian oil giant Petronas will acquire 40 per cent of OGX’s interest in two oil blocks in Brazil from OGX, Brazil's second-biggest oil company
