JULY, 2005

July 28
Nigeria: FG Accuses Oil Firms of Corruption
This Day

Roh Names Special Counsel for Oil-gate
Korea Times

Venezuela plans for oil income
Financial Times

PetroKazakhstan Inc. - Financial Results for the Second Quarter
PetroKazakhstan (press release)

Nigeria-Sao Tome delay oil contract talks
Reuters

World Bank warns E Timor of potential for corruption
Financial Times

BP Official Comments on BTC Security
US-Azerbaijan Chamber of Commerce

PDVSA to build three new refineries and expand present ones
Petroleumworld

South Africa: Inflation Slows Again, But Oil May Spoil Rates Party
Business Day

Nigeria: Oil Spill: Shell Begins Clean-Up
This Day

July 26
Unocal would have approved a higher CNOOC bid
AFP

Riyadh expects $624b foreign investment in 15 years
Khaleej Times

Crude oil sales to fetch Nigeria $37.7bn in 2005
Vangaurd

East Timor hindered by legacy of corruption
The Age

USD 0.5 bln are required to develop Kazakhstan's petrochemical industry
KazInform

BP profits nearly £6bn
Manchester Evening News

July 25
Oil prices fall as market digests yuan revaluation
AFP

Oil manoeuvre by China, India challenge Washington on energy and security fronts
AP

Chevron in $10.8bn tax evasion mess
Vangaurd

Bribery In Russia Soars To $319 Billion Per Year: Study
noticias.info

Philippine President Arroyo Vows to Stick to Economic Reforms
Bloomberg

East Timor democracy in danger as graft and poverty spread
The Australian

Kazakhstan to list 1 bln usd oil group in London - report
AFX

PDVSA oil output 600.000 bd well below the quota
Petroleumworld

Venezuela says Harvest owes $85 million in taxes
Bloomberg

July 20
Unocal accepts Chevrons' increased buy offer
Petroleumworld

CNOOC insists its offer for Unocal remains better than Chevron's
AFP

BP Has the Largest Share in the Project of the Oil Pipeline Between the Caspian Sea and Turkey
ACRBB

Oil Maneuvers By China, India, Challenge Washington
AP

Corruption in India touches highest peak unchecked?
International Reporter

French Firm Bags $800m Agbami Oil Contract
This Day

Asian slowdown helps widen global oil inventories
FT

World faces massive increase in CO2 emissions as population grows
AFP

Oman Oil, Oman Refinery, LG International sign $956 million Sohar Aromatics Project pact
Times of Oman

Committee Blames Ugborodo Riot On Chevrontexaco
Vangaurd

July 19
Nigeria to Earn $17m From Oil Exploration
Daily Champion

Oil and Military in the Agenda of Brazil's First Trade Mission to Cyprus and Israel
Brazzil Magazine

Nigeria's Oil Output Rises
This Day

Nexen Records $200m Profit
This Day

Saudi oil boom 'to continue'
Gulf Daily News

July 18
BP caught up in Asian bribery claims
Observer

Mauritania unsure about effects of oil wealth
Sapa-AP

Prosecutor links Kasyanov to corruption
FT

Alaska Drilling Lobby Paid for State Employee to Push Agenda
NewStandard

Zimbabwe: Use Fuel Cautiously, Says President
Herald

Azeri journalist murder
Euro-Reporters

Vershbow: Corruption slows Russian economy
AP

China for more economic co-op with Uzbekistan: Vice Premier
Xinhua

ANC Allies Tiptoe Around Oilgate Scandal
Business Day

Nigeria: Claim of S/West Betrayal of S/South at Confab Wrong, Fallacious - Ebenezer Babatope
Vanguard

BP-Angola to Produce 600,000 Oil Barrels Per Day
Angola Press Agency

Editorial: Where does the money go?
Los Angeles Times

July 15
South Africa opposition calls for Oilgate inquiry
Mail & Guardian

US firms renew interest in SEA
Star

Pioneers of Gold ETF Launch Oil ETF in London
Resource Investor

Thailand's growth package fails to stimulate
Asia Times

Brazil's real opens weaker on renewed political worries
AE Brazil

Brazil stocks fall early as scandal triggers profit taking
AE Brazil

Update on Antimonopoly Case
Petrokazakhstan Inc. (press release)

Jordan: Abdullah tries to keep economic, political reforms on track
Daily Star

China and Kazakhstan have potential for trade and economic collaboration: Chinese State Council Deputy Prime Minister Wu
Kazinform

July 14
Analysis: Continent's oil can be a curse, fuelling repression and corruption
Star

Oil price bedevils Thai growth
Australian Financial Review

Nigeria promotes oil adviser in cabinet reshuffle
Reuters

SOFAR delegation visiting US
Azer Tag

Die-hard habits worsen Indonesia crisis
Gulf Times

Saudi Arabia expects investments worth $ 624 billion
Saudi Economic Survey

Suitors Circle Over C$3.5 Bln PetroKazakhstan
Dow Jones

50,000 barrels of oil to be delivered daily from Kazakhstan to Baku in 2010
Today.az

July 13
Direct Caspian to Mediterranean Oil Pipeline Opens
AHN

Foreign oil companies initiated arbitration claims against the Bolivian government
Petroleumworld

CNOOC to increase the offer for Unocal takeover - FT
Petroleumworld

Saudi oil company for more cooperation with China
IANS

Govt adopts pro-cyclical economic policy: report; Kuwait oil cash to soar
Arab Times

Five Insurers, Nigeria Re Lead Blocs for Oil & Gas Business
Vanguard

July 12
2005 oil licensing round and the challenges of transparency
Vanguard

Russia, Kazakhstan and Uzbekistan Expand Energy Cooperation
Kazinform

Putin opts for China-First oil plan, Japan and India relegated
Russia Journal

Azerbaijanis study state's permanent fund
AP

Rebel gunmen aim to seize control of Nigeria's vast oil reserves
Telegraph

IMF Executive Board Completes Fourth Review and Financing Assurances Review Under Gabon's Stand-By Arrangement
noticias.info

July 11
Zimbabwe Grinding to a Halt As Fuel Runs Dry
Zimbabwe Standard

Low spare capacity seen keeping oil markets volatile for years
AFP

OPEC chief to resume talks on boosting output
AFP

PM reflects on 'significant progress' of G8 summit
noticas.info

Nigeria And China Sign Crude Oil Sale Pact
Nigeria First

July 8
Summit reaches compromises on African aid, global warming
AP

OPEC reiterates will ensure stable oil market amid terror attacks
Platts

G8 to boost Africa aid by $50bn
SA

TEXT- Economy, oil communique from G8 summit
Reuters

Oil talks for PM, Chavez on Petrocaribe
Trinidad Express

Oilgate: UN Probes Iraq Deals
Mail & Guardian

G-8 ends with agreement on aid, climate, Mideast
CTV.ca

July 7
Caution on $60 per barrel oil
Vanguard

G-8 leaders begin work amid pressure to reach consensus
CNS

G8 debt relief 'won't save Africa itself'
AP

The Kazakhstan-China Pipeline Will be Operational This Year
PRNewswire

Foreign Investment Quadruples in Indonesia
AP

Saudi Arabia Seeks $624bn Investment
Arab News

6bn tons of oil reserves in Azerbaijan
AzerNews

Chevron boss rules out Unocal carve-up if Chinese defeated
AFP

Shell to become the Largest Stock in FTSE-100
Petroleumworld

July 6
Bush says African corruption fight vital for aid
Reuters

Africa Tackles Graft, With Billions in Aid in Play
New York Times

Brazil stocks fall as PT hit by corruption allegations, rumors
AE Brazil

Russia, Kazakhstan sign $23 bln oil deal
Reuters

World Bank chief urges integrated approach to aid
Globe and Mail

G8 should send signal to calm oil markets says Schroeder
Reuters

G8: Volatile Oil Threatens Growth
Reuters

Azerbaijan declines IMF loan
UPI

Venezuela's Ramirez: Heavy oil Orinoco Faja tender bids in 2006, PDVSA producing at the Faja
Petroleumworld

US Business Leaders See Pockets of Opportunity in Africa
VOA

Minister to announce oil sector strategy Jul 11-16 - Ecuador
BN Americas

July 5
Africans Say G8 Is Out of Touch
World Bank (press release)

Bush says he won't change position on global warming
Los Angeles Times

2005 oil licensing round and the challenges of transparency
Vanguard

Crude oil prices above US$59 a barrel on heating oil supply fears
AP

Options players lay bets on oil at $80 a barrel
Bloomberg

Germany May Raise Oil Issue At G8 Meeting
AP

$2bn deal with Exxon is a tonic for ageing Indonesia oil patch
Reuters

China, Kazakhstan form strategic partnership for oil, gas - report
AFX

Oil companies to pay back taxes claimed by Venezuela
AFP

China tells US lawmakers to back off CNOOC's takeover bid of Unocal
AFP

Iran Guzzles Gas at Its Own Cost
Washington Post

Oil Prices Could Undercut Debt Relief for Africa, Agency Says
Business Day

July 1
Paris Club agrees Nigeria debt deal in principle
Reuters

OPEC suspends talks on fresh output rise
AFP

US prosecutors drop criminal investigations against Shell
Herald

Oil prices rise, remain well below record high points
AFP

Increasing Aid Goes Hand in Hand with Fighting Corruption, Says Oxfam
Oxfam America (press release)

Nigeria gets $20bn debt pardon
Vanguard

KazMunaiGaz (Kazakhstan), Statoil ASA (Norway) inked Memo on mutual understanding
Kazinform

Venezuelan gov still defining migration to joint ventures partnerships
Petroleumworld