TOKYO, Nov 13 (Reuters) - Idemitsu Kosan Co (5019.T), Japan's third-largest refiner, said on Friday it would buy British oil explorer Petro Summit Investment UK Ltd, a subsidiary of Japanese trader Sumitomo Corp (8053.T).
Petro Summit produces a crude oil equivalent of approximately 5,000 barrels per day on a rights ownership basis in the North Sea. (Reporting by Osamu Tsukimori)
NEW YORK (Reuters) - If the men accused of plotting the September 11 attacks wonder what conditions they might face when they are moved to New York from Guantanamo Bay for trial, they can expect solitary confinement, 23-hour-a-day lockdowns, constant video surveillance and almost no visitors.
New oil and gas reserve rules were supposed to improve transparency, but the unforeseen consequences of the regulations could add a layer of uncertainty for investors. Full Article
Beset by political and economic setbacks, one of the world's biggest pipeline projects is on hold, and it's unclear if the project will ever break ground. Full Article
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