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Manipulation probe draws attention to oil firms' trading desks
Reuters* Disclosure levels at oil majors lags those of secretive traders * Risk appetite bigger at top Wall Street banks * Pressure for stricter oversight rises both in US, EU By Dmitry Zhdannikov and Claire Milhench LONDON, May 22 (Reuters) - Europe's...Tags: U.S. Department of Justice, Glencore International AG, Global Energy Incorporated, Energy, Upstream Oil and Gas Activities
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Turkey eyes oil, gas deals with Iraqi Kurdistan in 2013
ReutersANKARA, May 22 (Reuters) - Turkey is looking to sign commercial contracts this year with Russian and U.S. companies operating in northern Iraq for joint oil and gas exploration, Turkish Energy Minister Taner Yildiz told Reuters. "We are likely to be...Tags: Turkey, Ankara (Turkey), Iraq, Upstream Oil and Gas Activities, Barack Obama
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RPT-Shale gas, energy costs vex EU leaders
Reuters* Energy trade deficit is 400 billion euros * Shale gas complicated in EU, could weaken Russian position * Single energy market should improve cross-border flows By Barbara Lewis BRUSSELS, May 21 (Reuters) - European leaders will discuss plans to...Tags: Russia, Energy, Energy Saving, Republic of Ireland, European Parliament
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Talisman's faulty Yme platform to go in 2014
Reuters* New development plan for Yme field seen in 2014-2015 * No new cost estimate yet for the project - Talisman Energy * Yme costs $2.4 bln so far, nearly triple original costs By Gwladys Fouche OSLO, May 22 (Reuters) - Talisman Energy expects to...Tags: Talisman Energy Incorporated, BP Plc
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GLOBAL MARKETS-Dollar, German bond yields ease before Bernanke
Reuters* Dollar index dips 0.1 pct, German bond yields ease * Markets bets on 'no-change' signal from Fed chief * European shares ease off multi-year highs * Gold, copper gain on hopes of Fed support By Richard Hubbard LONDON, May 22 (Reuters) - The dollar...Tags: Japan, Foreign Exchange Market, Central Bank, Ben Bernanke, Morgan Stanley Dean Witter & Company
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Indonesia re-arrests Chevron exec amid tension with Big Oil
ReutersBy Fergus Jensen JAKARTA, May 22 (Reuters) - Authorities have bypassed a court order and re-arrested an executive at Chevron Corp's Indonesian unit in a graft case that highlights growing tension with big oil companies in a country struggling to...Tags: Susilo Bambang Yudhoyono, Politics, Upstream Oil and Gas Activities, Elan Corporation Plc, Human Rights
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Azeri SOCAR to borrow $20 billion to boost exports to Europe
ReutersBAKU (Reuters) - Azeri state energy firm SOCAR plans to borrow more than $20 billion over the next five years to finance energy projects to help boost gas exports to Europe, a challenge to plans by neighboring Russia. SOCAR, one of the world's oldest oil...Tags: World Bank Group, Credit Ratings, Russia, Ratings, Moscow (Russia)
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INTERVIEW-Gas discoveries give Israel new regional clout -minister
Reuters* Israel hopes gas finds will strengthen diplomatic hand * Decision on export quotas to be made in a "few weeks" By Crispian Balmer TEL AVIV, May 22 (Reuters) - Israel's newfound natural gas reserves will boost its regional clout and could help it...Tags: Benjamin Netanyahu, Vladimir Putin, Turkey, Government, Israel
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Gas discoveries give Israel new regional clout -minister
ReutersTEL AVIV (Reuters) - Israel's newfound natural gas reserves will boost its regional clout and could help it improve ties with neighboring states in need of new energy sources, Energy Minister Silvan Shalom said. Once totally dependent on fuel imports,...Tags: Benjamin Netanyahu, Vladimir Putin, Turkey, Israel, Government
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GLOBAL MARKETS-Dollar steadies before Bernanke, Wall St seen higher
Reuters* Dollar index steady before Bernanke testimony * U.S. stock futures signal more Wall St gains * German bond yields ease, Treasuries firm * European shares ease off multi-year highs By Richard Hubbard LONDON, May 22 (Reuters) - The dollar hovered near...Tags: Japan, Credit Ratings, Foreign Exchange Market, Central Bank, Ben Bernanke
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Delay in mine project shadows hopes for Afghan economy
McClatchy Foreign StaffKABUL, Afghanistan The giant copper mine that the Afghan government has made the centerpiece of its plans for building an economy nearly from scratch is at least five years behind schedule, and the state-owned Chinese company that won the bidding has...Tags: International Economic Institution, World Bank Group, Plant Openings, Wars and Interventions, Non Ferrous Metal
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CANADA STOCKS-TSX may open higher ahead of Fed minutes, Bernanke
ReutersMay 22 (Reuters) - Canada's main stock index looked set to open higher on Wednesday on hopes that the U.S. Federal Reserve will continue with its monetary easing policy, ahead of the release of minutes of its May meeting and testimony from U.S. Federal...Tags: Sears Canada Inc., Bank of Nova Scotia, TransCanada Corporation, Ratings, Staples Inc.
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