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Widening crude import rights in China: A game-changer for independent refiners?

Platts editor Song Yen Ling analyzes China's policy change on crude oil import rights and its impact on operations of independent refiners.

UPDATE 1-Hunting's operating profit falls on oil sector slump

April 15 (Reuters) - Oilfield services company Hunting Plc said its first-quarter operating profit fell about 60 percent, hurt by falling global rig counts and reduced capital expenditure across the sector.

New UN site for flights in conflict zones issues warnings on Libya, Egypt

BERLIN, April 15 (Reuters) - A new United Nations website distributing warnings about risks to aircraft in conflict zones issued its first advisories on Wednesday, for countries including Libya, Iraq, Egypt and South Sudan.

BUZZ-Asia Resource Minerals: Shoots up after possible bid proposal

** Asia Resource Minerals Plc's (ARMS) stock shoots up 88 pct, after the Indonesia-focused coal miner emerges as the subject of a possible 210 mln stg ($310.36 mln) bid from a vehicle funded by tycoon Eka Tjipta Widjaja's Sinarmas Group

BUZZ-Hunting: falls on Q1 profit woes

** Hunting down as much as 8 pct as its first-quarter operating profit fell about 60 pct

Russia says is in "unprecedented" consultations with OPEC

MOSCOW, April 15 (Reuters) - Russia's energy ministry has been holding active consultations with the Organization of Petroleum Exporting Countries and Latin American oil producers which Deputy Prime Minister Arkady Dvorkovich described on Wednesday as "unprecedented".

Kerry says confident Obama can negotiate final nuclear deal on Iran

LUEBECK, Germany, April 15 (Reuters) - U.S. Secretary of State John Kerry said on Wednesday he was confident U.S. President Barack Obama would be able to negotiate a final nuclear deal with Iran after a framework accord was agreed between Tehran and six world powers earlier this month.

Lukoil says oil output in Russia may decline by less than 2 mln T in 2015

MOSCOW, April 15 (Reuters) - Russia's No.2 oil producer Lukoil may see its crude output decline by less than 2 million tonnes in Russia this year, a company official said on Wednesday.

British oil firm rows back on sizing up English countryside find

LONDON, April 15 (Reuters) - The small British oil firm that caused a commotion in the media when it said it had found a possible world class oil resource in the southern English countryside, conceded on Wednesday that it was not in a position to properly size it up.

Hunting's first-quarter oper profit falls on oil sector slump

April 15 (Reuters) - Oilfield services company Hunting Plc said its first-quarter operating profit fell about 60 percent, hurt by the drop in global rig counts and reduced capital expenditures across the sector.

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