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By Douwe Miedema WASHINGTON, May 20 (Reuters) - Large energy companies look set to slip through the maze of new rules for derivatives trading, a group of U.S. senators said, urging regulators to tighten oversight to cover all the market. As of this year, the U.S. Commodity Futures Tra
Read more* Crude futures settle higher after choppy trade * Brent/U.S. crude spread narrows to less than $8/bbl NEW YORK, May 20 (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 and the
Read moreMOSCOW, May 20 (Reuters) - Rosneft, the state-owned Russian crude producer which earlier this year bought TNK-BP, announced several senior management appointments on Monday after former TNK-BP executives decided to leave positions they had been offered. The world's biggest listed crude prod
Read moreBy P.J. Huffstutter May 18 (Reuters) - Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. The complaint, filed Friday in U.S. District Court in Beaumont, Texas, alle
Read more* Crude futures settle higher after choppy trade * Brent/U.S. crude spread remains less than $9/bbl NEW YORK, May 17 (Reuters) - Cash crude differentials in the United States were mixed on Friday in light trading as the transatlantic spread between Brent and U.S. crude futures seesawed,
Read more* Deal increases Tesoro's market share, but remains No. 2 * California puts conditions on deal By Diane Bartz and Erwin Seba WASHINGTON/HOUSTON, May 17 (Reuters) - U.S. refiner Tesoro Corp. has received formal approval from antitrust regulators in Washington and Sacramento on Fr
Read more(Updates factbox with news of Freeport LNG getting DOE approval for export to non-FTA nations) May 17 (Reuters) - Freeport LNG became the second project on Friday to receive approval from the U.S. Department of Energy (DOE) to export domestic natural gas to non-free trade agreement (FTA) nati
Read more* Source says Dutch trader Argos Energies being investigated * Sen. Wyden calls for Justice Dept to look at US price impact * Finnish refiner Neste Oil says asked for information * Oil market liquidity not affected -Platts By Simon Falush and Timothy Gardner LONDON/W
Read moreWASHINGTON, May 17 (Reuters) - U.S. refiner Tesoro Corp has received formal approval from California's attorney general to buy a BP Plc refinery for more than $2 billion. Attorney General Kamala Harris said her office and the California Energy Commission would monitor gas prices, volume an
Read moreHOUSTON, May 17 (Reuters) - Independent western U.S. refiner Tesoro Corp said on Friday that it has signed a side letter agreement with California Attorney General Kamala Harris on its planned $2.4-billion purchase of BP Plc's Los Angeles-area refinery and other assets. "We've signed a side
Read moreWASHINGTON, May 16 (Reuters) - The chairman of the U.S. Senate's energy committee asked the Justice Department on Friday to investigate whether alleged price manipulation by three oil companies in Europe has boosted fuel prices for U.S. consumers. "Efforts to manipulate the European oil ind
Read moreMay 17 (Reuters) - The U.S. Federal Trade Commission on Friday said it approved Tesoro Corp's purchase of BP Plc's 240,000 barrel per day Los Angles area refinery and other assets in a 3-0 vote. The commission found the deal would not substantially lessen competition among seven refiners fo
Read moreWASHINGTON, May 17 (Reuters) - U.S. refiner Tesoro Corp. has received formal antitrust approval to buy a BP refinery in southern California without conditions. The Federal Trade Commission, which assessed the deal to ensure that it complied with U.S. antitrust law, approved the deal witho
Read moreMADRID, May 17 (Reuters) - Spanish energy regulator CNE on Friday accused three oil companies of colluding to hike fuel prices at the pump to protect their profits during a period of steep falls in demand in the midst of a deep recession. The alleged price fixing at Spanish petrol stations
Read more(Adds Italy Eni's joint study with CNPC) BEIJING, May 17 (Reuters) - Italian oil firm Eni has entered a joint study with China's CNPC to explore a shale gas block in the southwestern province of Sichuan, officials said on Friday, becoming one of the latest foreign firms to enter China's sh
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