*Iraq says will bolster crude output. NEW YORK, June 18- Oil prices ended slightly higher on Tuesday in sluggish trading as the market awaited the Federal Reserve's policy statement on O/RWednesday that is expected to show whether it will reduce its monetary stimulus.
LONDON, June 18- Iraq aims to ramp up oil production by nearly 45 percent by the end of next year- without any input from its autonomous Kurdistan region- which suggests a lasting compromise in their long-running oil feud may be a way off.
*Market keeps an eye on standoff in Syria, fears growing conflict. NEW YORK, June 18- Oil prices were moderately higher on Tuesday after paring earlier gains made on positive U.S. economic data. Global financial markets have been on edge since Fed Chairman Ben Bernanke suggested the central bank would be looking to pull back its stimulus program.
Analysts Iain Reid, Brendan Warn, Laura Loppacher, Matthew Lambourne and Daniela Almeida said in their note that major oils have been a poor investment in recent years, underperforming the S&P as a group by as much as 24 percent since the beginning of 2012. They said the performance in 2013 has again been poor, underperforming the S&P 500 by 11 percent thus far this year.
NEW YORK-- Shares of Codexis Inc. jumped Friday after the company said it reached an important milestone in development of detergent alcohols made from biomass. THE SPARK: Codexis and its partner Chemtex said they have scaled up production of CodeXol detergent alcohols.
HONG KONG, June 14- Hong Kong shares could rebound from a eight-month closing low on Friday, tracking a Wall Street rebound after upbeat U.S. economic data, but benchmark indexes are headed for their fifth-straight weekly loss.
BEIJING, June 13- Royal Dutch Shell has signed a letter of intent with a private Chinese energy firm to build a liquefied natural gas import terminal in east China, a Shell China official said on Thursday.
MUMBAI/ NEW DELHI, June 10- Indian state company ONGC withdrew a statement issued on Monday saying it and Oil India Ltd had signed an agreement to buy a 10 percent stake in a Mozambique gas field from India's Videocon Group for $2.48 billion.
MUMBAI/ NEW DELHI, June 10- Indian state companies ONGC Videsh Ltd and Oil India Ltd have agreed to buy a 10 percent stake in a Mozambique gas field from India's Videocon Group for $2.48 billion, the parent company of ONGC Videsh said on Monday.
LIMA, June 7- Brazil's Petrobras plans to leave Peru, six high-level sources inside and outside of the company said, as the overextended state-run firm sheds assets abroad to focus on its domestic market.
June 7- No pilot was required when the Aeryon Scout took off into the leaden skies of Alaska to inspect a stretch of oil pipeline. The 20- minute test flight, conducted by BP Plc last fall, was a glimpse of a future where oil and gas companies in the Arctic can rely on unmanned aircraft to detect pipeline faults, at a fraction of the cost of piloted helicopter flights.
Ten years ago, Chart Industries Inc was on the verge of bankruptcy after taking on too much debt during a spree of acquisitions that included an equipment maker for storing cryogenic liquids like liquefied natural gas.
LONDON, June 6- Britain's energy watchdog Ofgem on Thursday launched a review of how price reporting agencies set wholesale gas and electricity prices, while separately investigating allegations of market rigging and beefing up its enforcement role.
LONDON, June 6- Britain's energy watchdog Ofgem has broadened its investigation of gas and power price manipulation, following allegations made by a whistleblower last year, including the role played by price reporting agencies, it said on Thursday.
*Statoil move deals blow to Labour-led government. OSLO, June 5- Statoil delayed a $15.5 billion Arctic oil project on Wednesday due to a planned tax increase, dealing a blow to the Norwegian government's hopes of creating a new oil region in the far north.
*Tullow says Uganda could earn $50 bln from existing finds. LONDON, May 31- Africa-focused Tullow Oil Plc took a step this week towards the extra openness on government payments anti-corruption legislators want, releasing figures by country, and by payment type, for the first time.
The turning point likely came on New Year's eve, when Royal Dutch Shell's drillship ran aground in rough waters off Alaska, setting off a public relations storm that inflicted much pain on the firm, made more acute by how little it had to show for the $4.5 billion it has spent on the Arctic since 2005..
The turning point likely came on New Year's eve, when Royal Dutch Shell's drillship ran aground in rough waters off Alaska, setting off a public relations storm that inflicted much pain on the firm, made more acute by how little it had to show for the $4.5 billion it has spent on the Arctic since 2005..
*Struggling with Nigeria, production downtime, Alaska record. LONDON, May 30- A decade ago, Royal Dutch/Shell's boss was fighting to close the gap between the truth about his company's oil and gas reserves and the much larger figure in its accounts.
SAN RAMON, Calif./ DALLAS, May 29- About 30 percent of shareholders of both Exxon Mobil Corp and Chevron Corp on Wednesday backed calls for more disclosure surrounding their use of hydraulic fracturing, the top two U.S. oil companies said.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."