From The Daily Telegraph
(Bloomberg)
• Yukos Oil is asking Britain’s Financial Services Authority to block the initial public offering of Russia’s state oil company, Rosneft, which acquired Yukos’s largest production unit 18 months ago.
• BP, Europe’s biggest oil company, said its natural-gas project in Algeria started production.
• PetroChina will work with Royal Dutch Shell, Europe’s second-biggest oil company, to double the capacity of a plant in the north-eastern coastal city of Dalian, making it China’s largest refinery.