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* Comes as govt intervention mounts, global supply seen up * Petrobras, Galp, OGX win blocks in early bidding * Areas on offer believed to hold 35 bln barrels of oil By Jeb Blount and Sabrina Lorenzi RIO DE JANEIRO, May 14 (Reuters) - Brazil on Tuesday kicked off its first
Read moreRIO DE JANEIRO, May 14 (Reuters) - Brazil's state-run oil company Petrobras, Portugal's Galp and Brazil's OGX won Brazilian onshore oil and gas exploration blocks in a frontier region of Brazil's Parnaiba Basin at an auction on Tuesday conducted by oil regulator ANP. They agreed to pay a co
Read moreOSLO, May 14 (Reuters) - Norwegian oil and gas firm Statoil has acquired a 30 percent equity share in four exploration licenses offshore Australia from BP, the company said on Tuesday. The four licenses are located in the frontier Ceduna Sub Basin within the Great Australian Bight, coverin
Read moreHOUSTON, May 13 (Reuters) - Gasoline retreated by 7 cents a gallon on Monday in the Portland, Oregon, market as Tesoro Corp's 120,000 barrel per day (bpd) Anacortes, Washington, refinery ramped up production on its gasoline-producing fluidic catalytic cracking unit, traders said. May gasoli
Read more* 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 before narrowing slightly. Crude f
Read more(Adds BP no comment) HOUSTON, May 13 (Reuters) - BP Plc's 225,000-barrel-per-day Cherry Point, Washington refinery was operating normally on Monday after a Saturday malfunction temporarily slowed production, according to sources familiar with refinery operations. A sulfur unit heater fai
Read moreHOUSTON, May 13 (Reuters) - BP Plc's 225,000-barrel-per-day Cherry Point, Washington, refinery was operating normally on Monday after a Saturday malfunction temporarily slowed production, according to sources familiar with refinery operations. A sulfur unit heater failed on Saturday at the
Read more(Adds delivery date) LONDON/BUENOS AIRES, May 13 (Reuters) - Argentina has secured a total of three liquefied natural gas (LNG) cargoes for delivery in July from oil major BP, Norway's Statoil and U.S. bank Morgan Stanley, trade sources said. A recent slump in LNG demand from top glo
Read moreLONDON, May 13 (Reuters) - Argentina has secured a total of three liquefied natural gas (LNG) cargoes for delivery this year from oil major BP, Norway's Statoil and U.S. bank Morgan Stanley, trade sources said. Latin America's No. 3 economy has struggled to source its record LNG requirement
Read moreHOUSTON, May 12 (Reuters) - Operation of several units was slowed on Saturday at BP Plc's 225,000 barrel per day (bpd) Cherry Point, Washington, refinery after a heater failed on a sulfur unit, according to a notice the refinery filed with U.S. pollution regulators. If the inline heater on
Read more* Sieges at two ministries over, govt minister denies deal * BP withdraws some Tripoli staff on security grounds * Benghazi police stations attacked for 2nd time in three days By Jessica Donati TRIPOLI, May 12 (Reuters) - Gunmen have ended a siege of Libya's foreign and ju
Read moreTRIPOLI, May 12 (Reuters) - British oil company BP said it is withdrawing some non-essential staff from Libya after Britain's government warned about deteriorating security in the capital Tripoli. "We are taking some non-Libyan staff out of the office in Tripoli following advice by the for
Read moreTRIPOLI, May 12 (Reuters) - BP is withdrawing some non-essential staff from Libya, a company spokesman told Reuters, after Britain's Foreign & Commonwealth Office warned this week about deteriorating security in the capital Tripoli. "We are taking some non-Libyan staff out of the office in
Read more* Crude futures end down, but well above intraday lows * Brent/U.S. crude spread narrows, ends back below $8/bbl NEW YORK, May 10 (Reuters) - Cash crude differentials in the United States were mixed on Friday, as the transatlantic spread between Brent and U.S. crude futures seesawed befo
Read more* June WCS last at $22.30/bbl under WTI * June synthetic last at $0.60 under WTI CALGARY, Alberta, May 10 (Reuters) - Canadian oil prices inched higher on Friday on expectations of higher demand after Suncor Energy Inc said it was restarting operations at its 140,000 barrel per day re
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