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  • *Questions mount if Iraq can increase oil output at all. MOSCOW/ NEW DELHI, June 17- Some oil companies are pulling foreign staff from Iraq, fearing Sunni militants from the north could strike at major oilfields concentrated in the Shi'ite south despite moves by the Baghdad government to tighten security.

  • NEW YORK, June 16- A new chapter in the North American oil revolution is about to open on the Texas coast, with two major pipelines poised this summer to deliver an unprecedented influx of heavy Canadian crude to U.S. refineries- and potentially beyond.

  • EU'S OETTINGER SAYS MAY HAVE A PROBLEM IN EUROPE IF GAS STORAGE NOT FILLED.

  • RIO DE JANEIRO, June 13- A judge approved a restructuring plan for Oleo e Gas Participacoes SA, the oil company controlled by Brazilian tycoon Eike Batista, according to a statement by the Rio de Janeiro court that heard the bankruptcy proceedings. Creditors of the company, formerly known as OGX Petroleo e Gas Participacoes SA, approved the plan on June 3.

  • LONDON/ DUBAI, June 12- Shelf Drilling plans to raise at least $500 million in an initial public offering on the London Stock Exchange, joining other Gulf-based oil services firms seeking a listing on the bourse.

  • If the court rules in favor of Halliburton and against a group of shareholders, then the oilfield services company won't be the only business to gain.

  • June 9- Morgan Stanley is selling its controlling stake in oil storage and transport company TransMontaigne Inc to NGL Energy Partners LP for $200 million, essentially ending its long run as the biggest physical oil trader on Wall Street.

  • HOUSTON, June 5- A faulty blowout preventer and weaknesses in how companies analyze potential hazards in offshore oil and gas operations contributed to BP Plc's deadly Gulf of Mexico oil spill more than four years ago, the U.S. Chemical Safety Board said on Thursday. The BP investigation was its first involving an offshore accident.

  • HOUSTON, June 5- A faulty blowout preventer and weaknesses in how companies analyze potential hazards in offshore oil and gas operations contributed to BP Plc's deadly Gulf of Mexico oil spill more than four years ago, the U.S. Chemical Safety Board said on Thursday. The BP investigation was its first involving an offshore accident.

  • *Industry needs long-term contracts- Aker CEO Eriksen. OSLO, June 5- Oil producers must award longer service contracts if they want to cut costs- and should look to Brazil's Petrobras as an example- but they are struggling to change, said the CEO of Norway's Aker, a major shareholder in several energy firms.

  • WASHINGTON, June 4- The Keystone XL oil pipeline would be vulnerable to attacks threatening water supplies for millions of homeowners and farmers, according to a report by NextGen Climate, a political group led by billionaire activist Tom Steyer.

  • RIO DE JANEIRO, June 3- Creditors of Brazilian tycoon Eike Batista's Oleo e Gas Participacoes SA approved a restructuring plan for the oil company that could lead to a quick resolution of the largest bankruptcy in Latin America's history, lawyers said on Tuesday.

  • RIO DE JANEIRO, June 3- A majority of creditors of Brazil's Oleo e Gas Participacoes SA approved the terms of restructuring plan for the bankrupt oil and gas exploration and production company, its lawyers said Tuesday.

  • BRUSSELS, June 2- Russia and Ukraine agreed on Monday to examine a payment plan to settle Kiev's multi-billion gas debts and fix a price for supplies until June 2015, offering the promise of averting an energy crisis over the crucial winter period.

  • MOSCOW, June 2- Russia's Gazprom gave Ukraine on Monday an extension into next week to resolve a gas price dispute at the heart of the two countries' confrontation, a day before Moscow was due to switch off the gas unless Kiev paid in advance.

  • Iran's oil exports turn higher in May -sources Thursday, 29 May 2014 | 1:41 PM ET

    *More oil may be heading to China and Turkey. LONDON, May 29- Iran's crude oil exports increased in May after a decline in April, according to sources who track tanker movements, moving above the level allowed by November's interim deal on curbing Tehran's nuclear programme.

  • Lifting oil export ban would spark U.S. economy - IHS Thursday, 29 May 2014 | 12:11 AM ET

    Only Congress can fully reverse the restraint on exporting crude. Congress put the ban in place after price shocks from the 1973 Arab oil embargo led to the notion that the United States was running out of oil.

  • LONDON, May 28- Brent oil rose on Wednesday, holding above $110 a barrel on renewed optimism about steady demand growth in the United States, the world's top oil consumer, coupled with further disruptions to Libyan supplies. Brent crude gained 23 cents to $110.25 by 0814 GMT after ending 30 cents lower as some profits were booked following a long holiday weekend.

  • *Libya oil guards protest at Hariga port, disrupt operations. SINGAPORE, May 28- Brent futures rose on Wednesday, holding above $110 a barrel on renewed optimism over steady demand growth in the world's top oil consumer the United States following healthy economic data, with supply disruption concerns providing additional support.

  • *Libya oil guards protest at Hariga port, disrupt operations. SINGAPORE, May 28- Brent futures rose on Wednesday, holding above $110 a barrel on renewed optimism over steady demand growth in the world's top oil consumer the United States following healthy economic data, with supply disruption concerns providing additional support.