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Iraq Budget Deepens Dispute Over Kurdish Oil Revenues

Iraq Budget Deepens Dispute Over Kurdish Oil Revenues

The Iraqi parliament Thursday passed a budget for 2013 that allocated to Kurdistan just a fraction of the oil revenue requested by the semi-autonomous region, a move that deepens a dispute that has disrupted oil exports from the north of the country.

OPEC Oil Shipments to Rise By 420,000 B/D In 4 Weeks To March 23

OPEC Oil Shipments to Rise By 420,000 B/D In 4 Weeks To March 23

Seaborne oil shipments from the Organization of the Petroleum Exporting Countries will rise by 420,000 barrels a day in the four weeks to March 23, compared with the previous four-week period, U.K.-based tanker tracker Oil Movements said Thursday.

Greece: Solar Energy Jumps by 300 MW in January

Greece: Solar Energy Jumps by 300 MW in January

Solar installations in Greece jumped by 300 MW in January, as investors hurried to conclude their projects before the end of the month, when the 18 month period provided by the government to lock the previous, higher feed in tariff would end.

BP CEO: In Talks with Rosneft on Russian Arctic Projects

BP CEO: In Talks with Rosneft on Russian Arctic Projects

BP PLC (BP), which is taking a near-20% stake in Russia's OAO Rosneft (ROSN.RS), is in talks with the state-controlled firm on joint offshore projects in the Arctic, BP Chief Executive Bob Dudley said Thursday in an interview with Rossiya-24 television channel.

Rosneft, Exxon Mobil Sign Important Deal - Sechin

Rosneft, Exxon Mobil Sign Important Deal - Sechin

Neftegaz America Shelf LP, an indirect independent subsidiary of Russian state oil company Rosneft, is acquiring 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by Exxon Mobil, under an agreement signed Wednesday, Rosneft's chief Igor Sechin told reporters.

After Chavez, a Question of His Countrys Oil

After Chavez, a Question of His Country's Oil

Some of the most significant ramifications of the death of Hugo Chavez for the U.S., both short-term and long-term, may have little to do with the late ruler's politics and more to do with his country's oil.

Eni To Stay In Venezuela Post Chavez –Bernstein

Eni To Stay In Venezuela Post Chavez –Bernstein

BernsteinResearch expects Eni (E) to continue operating in Venezuela following the death of President Hugo Chavez as the Latin American country requires its investment and expertise to tap into the vast hydrocarbon reserves.

EU Confirms Started Registering China Solar Panels, Components

EU Confirms Started Registering China Solar Panels, Components

The European Commission confirmed it had asked national authorities Tuesday to start registering Chinese solar panels and their main components but said this had no bearing on the anti-dumping investigation.