Libyan protesters shut down on Wednesday the eastern Raguba oilfield.

BENGHAZI, Libya, May 23 (Reuters) - Libyan protesters shut down on Wednesday the eastern Raguba oilfield which had 5,000 barrels per day (bpd) of crude oil rig flanges gulf coast production feeding Brega port, said a spokesman for the owner, state-run Sirte Oil.

US crude oil stockpiles climbed unexpectedly last week as net imports jumped, the EIA says.

NEW YORK, May 23 (Reuters) - U.S.

LIMA, May 23 (Reuters) - The government of Peruvian President Martin Vizcarra cancelled five offshore oil contracts on Wednesday that his predecessor had awarded to London-based Tullow Oil before resigning, citing insufficient consultations with coastal residents.

Libya's National Oil Corp (NOC) says there was a 'minor distribution delay' from Raguba field.

BENGHAZI, Libya, May 23 (Reuters) - Libya's National Oil Corp (NOC) said on Wednesday there had been a "minor distribution delay" from Raguba field but oil rig flanges gulf coast production was unaffected despite threats from protesters.

NEW YORK, May 23 (Reuters) - Oil benchmarks fell on Wednesday after an unexpected build in U.S. crude and gasoline inventories despite strong demand, and as traders weighed a possible increase in OPEC crude output to cover any shortfalls in supply from Iran and Venezuela.

ExxonMobil plans to reduce the amount of natural gas it burns as waste by a quarter within two years.

(Bloomberg) -- Exxon Mobil Corp.

Australia's Santos terminates discussions with Harbour Energy.

May 22 (Reuters) - Australia's Santos said on Tuesday it terminated discussions with Harbour Energy and rejected the U.S.

CAIRO, May 22 (Reuters) - Egypt has set October 1 and October 8 deadlines for two major international tenders for oil and gas exploration spanning 27 onshore and offshore blocks, the oil ministry said on Tuesday.

Cuadrilla Resources has submitted an application to the Secretary of State for the Department for Business, Energy and Industrial Strategy for the consent to hydraulically fracture the UK’s first ever horizontal shale gas well.

SINGAPORE, May 22 (Reuters) - Singapore authorities have levied new charges against a group of fuel thieves operating at Royal Dutch Shell's oil refinery in the city-state, raising the value of the stolen fuel to over $40 million from around $10 million in earlier charges, according to court documents reviewed by Reuters on Tuesday.