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COLUMN-Oil rallies as hedge funds are caught short: Kemp

LONDON, May 11 (Reuters) - Oil's sharp rally since the middle of March has been driven by a race among bearish hedge funds to cover loss-making short positions rather than any great bullishness about the outlook.

UPDATE 1-China crude imports to pick up as storage, buyers emerge

SINGAPORE, May 11 (Reuters) - China's appetite for crude oil is expected to pick up later this year as storage comes online and new buyers emerge, even after its inbound shipments surpassed United States imports last month for the first time, analysts and traders say.

Leaders of Ghana and Ivory Coast hold talks on maritime dispute

GENEVA/ABIDJAN, May 11 (Reuters) - The presidents of Ivory Coast and Ghana held talks in Geneva on Monday on a maritime border dispute that has frozen new oil drilling in a contested area, a spokesman for mediator Kofi Annan said.

What next for the UK oil sector after Conservatives secure surprise victory?

Examining the implications for the UK's oil sector of the Conservatives' victory in the UK general election, the rise of the SNP and what might happen next in the UK North Sea.

Fuel-cell maker Plug Power's adjusted loss widens as costs double

May 11 (Reuters) - Fuel cell maker Plug Power Inc reported a bigger adjusted quarterly loss as costs more than doubled.

Mailbag time: OPEC meetings, Iran, Cuba, oil exports and love

Brian Scheid and Herman Wang look at the upcoming OPEC meeting, US negotiations with Iran, the future of Cuba's oil development, US exports and how to keep the spark alive.

Noble Energy to buy Rosetta Resources for about $2 bln

May 11 (Reuters) - Noble Energy Inc said it would acquire Rosetta Resources Inc for about $2 billion in an all-stock deal that will give it an entry into the Eagle Ford Shale field and the Permian Basin oil and gas region in Texas.

UK PM Cameron names Amber Rudd as Energy minister

LONDON, May 11 (Reuters) - Prime Minister David Cameron appointed Amber Rudd as Britain's energy minister on Monday as he began announcing the final roles in his cabinet following the Conservative Party's unexpected election victory last week.

India's Numaligarh Refiners says puts out fire in hydrocracker unit

NEW DELHI, May 11 (Reuters) - India's Numaligarh Refiners Ltd said on Monday it had extinguished a fire at the hydrocracker unit at its 60,000-barrel-per-day plant in the northeastern state of Assam and had resumed the process of starting up the entire plant in phases.

Saudi, Kuwait to shut joint oilfield for 2 weeks -Kuwait source

DUBAI, May 11 (Reuters) - Saudi Arabia and Kuwait plan to shut down the Wafra onshore oilfield which they share for two weeks of maintenance on Monday night or Tuesday, a Kuwaiti industry source said on Monday.

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