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Hit to Indonesia's oil and gas revenue threatens deficit, crude output

SINGAPORE/JAKARTA, April 30 (Reuters) - Indonesia's oil and gas revenues are expected to drop by at least a third this year as a fall in production costs fails to keep pace with plunging oil prices and threatens to limit future output.

UPDATE 3-U.S. oil hits 5-month high as dollar weakens

* Analysts warn of exposure to jackup rigs (Recasts throughout, changes dateline, previous SINGAPORE)

UPDATE 2-Writedown pushes Statoil into red, dividend maintained

* Maintains dividend, shares rise (Adds CEO, analysts, share, detail)

UPDATE 2-Refining cushions Shell profits after oil price slide

* Refining and trading profits rise 68 pct, upstream down 88 pct

UPDATE 1-Sandvik shares rise after Assa Abloy CEO Molin proposed as chairman

* Assa CEO Molin seen as strong at driving operational efficiency

Sudan maintains balancing act with Saudi, Iran

* Diplomats expect Sudan to try to balance Saudi and Iran ties

UPDATE 1-Russia's Eurasia Drilling extends deadline on Schlumberger deal

MOSCOW, April 30 (Reuters) - Russia's Eurasia Drilling said on Thursday it had agreed to extend a deadline on a proposed deal to sell a stake to international oilfield services firm Schlumberger from to April 30 to May 31.

Signs point to increasing UAE oil supply; Iraq struggles to meet production targets

While the United Arab Emirates' major petroleum projects are going ahead as planned, Iraq is facing oil production growth challenges.

Russia's Eurasia Drilling extends deadline on Schlumberger deal

MOSCOW, April 30 (Reuters) - Russia's Eurasia Drilling said on Thursday it had agreed to extend a deadline on a proposed deal to sell a stake to international oilfield services firm Schlumberger from to April 30 to May 31.

The alphabet soup of oil patch recovery

The oil industry has always had buzz words and unique verbal shorthand. Remember the "Year of the MLP" (2007) and "Drill, Baby, Drill" (2008)?

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