Repsol found offshore block near Brazil coast contains at least 1.2B bls oil equivalent, 1 of largest finds this year.
India crude imports down 7% in Apr - 14.6 met tons - due to shutdowns at some refineries.
Eni discovered 150-250M bls of oil in Eqypt's western desert.
Kinder Morgan reduced size of planned expansion of oil pipeline to Pacific coast. Fewer shippers than expected signed contracts that would allow Canada oil supplies to be shipped to Asia.
Chesapeake Energy says will spend nearly all '13 capital budget on oil drilling.
A further 1mb/d of Euro refining capacity needs to shut down to trim region's growing surplus capacity. Already 1mb/d of closures since '09.
Canadian Natural Resources says $85/bl needed for oil sands ops profit, $75 for shale ops.
Novozymes finished new Nebraska plant to produce enzymes for cellulosic ethanol. $200M investment.
Iran plans to build new oil export terminal on Gulf of Oman and 1mb/d pipeline to Caspian.
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