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Ireland to review tax on oil, cautious on Norway-style rate
Reuters* Committee recommends 25-40 pct rate be doubled * Interest increasing in country's oil potential * Energy minister says must be realistic about prospects DUBLIN, May 14 (Reuters) - Ireland's energy minister launched a review of the country's low tax...Tags: Dublin (Ireland), Physical Fitness and Exercise, Politics, Investments, Parliament
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U.S. cash crude differentials mixed as Brent/WTI spread seesaws
Reuters* Crude futures settle lower after choppy trading * Brent/U.S. crude spread narrows, then ends wider NEW YORK, May 14 (Reuters) - Cash crude differentials in the United States were mixed on Tuesday, seesawing with crude futures and the transatlantic...Tags: Valero LP, BP Plc, Valero Energy Corp., TransCanada Corporation, Petroleum Industry
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Turkey says agreed with ExxonMobil, Iraqi Kurdistan on oil exploration
ReutersANKARA, May 14 (Reuters) - Turkey has agreed with the Kurdistan Regional Government (KRG) and U.S. oil giant Exxon Mobil on oil exploration in northern Iraq, Turkish Prime Minister Tayyip Erdogan said on Tuesday. "This is a step with the KRG on...Tags: Turkey, Iraq, Barack Obama, Ankara (Turkey), Petroleum Industry
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Brent steady near $103 as US retail sales support, stockpiles drag
Reuters* U.S. retail sales gain shows some strength in economy * Crude stocks in U.S. seen higher, gasoline likely down - poll * Obama pushes for Syria talks, warns of huge challenges * Coming Up: Euro zone industrial production; 0900 GMT By Manash...Tags: Foreign Exchange Market, American Petroleum, Polls, China, Inventories
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COLUMN-African minerals and the illusion of fair value: Kemp
ReutersBy John Kemp LONDON, May 14 (Reuters) - "With Africa's economies riding the crest of the global commodities wave, there is an unprecedented opportunity to convert the region's vast resource wealth into investments that could lift millions out of poverty,...Tags: Political Corruption, Kofi Annan, National Government, United Nations, Mining
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Poland to adopt bill making shale gas push investor friendly-minister
Reuters* Foreign firms pull-out worries officials * New laws aimed to ease exploring and extracting shale * American companies "especially" needed By Agnieszka Barteczko KATOWICE, Poland, May 14 (Reuters) - Poland will adopt a bill by the end of June aimed...Tags: Italy, Poland, Crime, Law and Justice
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GLOBAL MARKETS-Shares fight back, oil slides as dollar momentum returns
Reuters* Dollar index down as euro, yen edge higher * Commodities pause from selling, gold steadies * European shares dip; ZEW, euro zone industrial data eyed By Marc Jones LONDON, May 14 (Reuters) - Signs the dollar was preparing for another move higher held...Tags: Foreign Exchange Market, Federal Reserve, Productivity, Auction Service, Economy, Business and Finance
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Qatar's QPI hopes to extend Centrica deal in N. America
Reuters* Hopes to expand Centrica deal across North America * LNG from Texas plant to be sold to markets around the Atlantic * No limit on potential investments for global expansion By Regan Doherty DOHA, May 14 (Reuters) - Qatar Petroleum International...Tags: Qatar, North America, United Kingdom, Exports, Energy Resources
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NYMEX-Oil steady above $95 on US data, stockpiles drag
ReutersSINGAPORE, May 14 (Reuters) - U.S. crude futures held steady above $95 a barrel in early Asian trade on Tuesday as strong U.S. retail sales revived demand growth hopes, while concerns of an increase in stockpiles in the world's largest oil consumer kept...Tags: Unrest, Conflicts and War, Syrian Civil War (2011 - present ), Barack Obama, Polls, Wars and Interventions
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US Cash Products-Group Three gasoline rises on supply concerns
Reuters* Gulf diesel down on pipeline scheduling; gasoline ignores refinery outage * Group Three gasoline rises after arbitrage lowered supplies * Harbor differentials talked lower amid slow market HOUSTON, May 13 (Reuters) - Group Three gasoline...Tags: Securities, Kerosene, Diesel Fuel, New York Mercantile Exchange
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COMMODITIES-Oil, gold down most in 2 weeks; corn, copper rise
Reuters* Brent oil loses 1 pct on lighter U.S./China demand * Gold down similarly on stronger dollar, retail sales * Corn and copper rally, helping CRB to a steady close By Barani Krishnan NEW YORK, May 13 (Reuters) - Oil prices dropped their most in two...Tags: Thomson Corporation, Foreign Exchange Market, Stamford, Gold and Precious Material, Energy Saving
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Most U.S. cash crude differentials weaker as arb narrows slightly
Reuters* Crude futures settle lower * Brent/U.S. crude spread narrows slightly NEW YORK, May 13 (Reuters) - Cash crude differentials in the United States were mostly weaker on Monday as the transatlantic spread between Brent and U.S. crude futures seesawed...Tags: Valero LP, BP Plc, Valero Energy Corp., Petroleum Industry
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