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Brazils ANP: Exxon Mobil, BP, BG Out of Pre-Salt Oil Auction

Brazil's ANP: Exxon Mobil, BP, BG Out of Pre-Salt Oil Auction

Oil majors Exxon Mobil (XOM), BP Plc (BP) and BG Group (BG.LN) won't bid in Brazil's sale of one of the world's largest offshore oil discoveries, the director of Brazil's National Petroleum Agency said Thursday.

Saudi Crude Output, Exports Rise in July Vs June

Saudi Crude Output, Exports Rise in July Vs June

Oil production in Saudi Arabia, the world's largest exporter of crude, jumped to 10.034 million barrels a day in July, compared with 9.642 million barrels a day a month earlier, while exports rose 2.1% during the same period, official data showed Wednesday.

EU Opens Probe into Water Concession Deal for Portugals EDP

EU Opens Probe into Water Concession Deal for Portugal's EDP

European Union authorities are opening a probe into the 2007 concession to Portuguese utility EDP Energias de Portugal S.A. (EDP.LB) of public water resources, saying the price paid may not have been "adequate."

BP and CNPC Gets $4.5 Billion Payment for Investment in Iraq Field

BP and CNPC Gets $4.5 Billion Payment for Investment in Iraq Field

Oil Major BP PLC (BP) and partner China National Petroleum Corp., or CNPC received a total of $4.5 billion until the end of 2012 for their investments in the supergiant Rumaila oil field in southern Iraq, a senior Iraqi oil official has said.

E.ON to Sell Lignite Mine, Power Plant to Unit of Czech EPH

E.ON to Sell Lignite Mine, Power Plant to Unit of Czech EPH

German utility E.ON SE (EOAN.XE) said Wednesday it has agreed to sell an opencast lignite coal mine and a power plant to a wholly-owned subsidiary of Czech energy investor EPH for an undisclosed price.

Brazils Petrobras Uncomfortable With Spying Allegations

Brazil's Petrobras Uncomfortable With Spying Allegations

The president of Brazilian state-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, says she's "uncomfortable" with news that the company may have been the target of spying by the U.S., but said she doesn't believe any crucial technology was stolen.

Genel Energy and DNO International in Kurdistan Gas Supply Pact

Genel Energy and DNO International in Kurdistan Gas Supply Pact

Oil group Genel Energy PLC (GENL.LN) said Wednesday that it and Norway's DNO International ASA (DNO.OS) have signed a Gas Sales and Purchase Agreement with the Kurdistan Regional Government to supply gas from the Summail field in the Dohuk license in the Kurdistan Region of Iraq.

­­­IEA Overhauls its Energy Data Website

­­­IEA Overhauls its Energy Data Website

The International Energy Agency announced on Tuesday that as part of a comprehensive overhaul of the statistics pages of its website, more than 20 years of data for more than 140 countries and regions worldwide are now available online for the first time.

Libyan PM Calls on Foreign Technical Help to Restore Security

Libyan PM Calls on Foreign Technical Help to Restore Security

Shut down oil production in Libya will soon resume, but Libya's internal security situation won't improve unless it receives technical support from the international community, the country's prime minister said Tuesday.

Romanias GSP to Drill Four Wells in Aegean Sea

Romania's GSP to Drill Four Wells in Aegean Sea

Romanian drilling contractor Grup Servicii Petroliere (GSP) has won a 120-day contract to drill four wells in Greece's sole oil and gas field Prinos for Energean Oil&Gas, GSP said on Monday.

Saboteurs Blow Up Yemen Export Oil Pipeline

Saboteurs Blow Up Yemen Export Oil Pipeline

Saboteurs on Sunday blew up a main oil pipeline in Yemen carrying crude to the Red Sea coast, halting its flow, an industry official and tribal sources said.

Kuwait to Start Offshore 2D Seismic Surveys in Sept

Kuwait to Start Offshore 2D Seismic Surveys in Sept

Kuwait will begin conducting the first survey of its offshore waters in decades this month, part of the Gulf state's plans to boost its hydrocarbon output, the exploration unit of state-owned Kuwait Petroleum Corp. said Sunday.