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Medvedev says oil, gas to continue impacting food, climate
Russia's president Dmitry Medvedev said Wednesday that nuclear energy could be "a serious addition" to fossil fuel after pointing out the potential for its use worldwide to the leaders of the...More...

Global crude futures rebound following Iranian missile test fire

Swedish Lundin, partners hit oil, gas in UK North Sea

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Swaps sellers aim to sustain tanker earnings amid rising fuel costs
Freight forward agreements (FFAs) on crude tankers for the coming year have gained upward momentum as swaps sellers aim to sustain tanker earnings amid rising costs for bunker fuel and players extrapolate the unprecedented strength of spot freight rates into the future, industry sources said. Read more...

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Iraq cuts interim contract term to one year
Iraqi oil minister Hussein Shahristani has told the oil ministry's licensing directorate to reduce the duration of the short-term technical service agreements being negotiated with international oil firms to one year from two, an informed source said July 1.
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