[external] Petronas unit may re-issue $309 mln tender-paper - Reuters - Sat 8:09 pm
KUALA LUMPUR, May 17 (Reuters) - Petronas Carigali, a wholly-owned subsidiary of Malaysia's national oil firm Petronas [PETR.UL], may re-issue a 1 billion ringgit ($309 million) underwater maintenance contract due to higher costs, the Edge newspaper reported on Saturday.

[external] US STOCKS-Wall St ends flat as energy gains offset sentiment - Reuters - Sat 12:48 pm
* S&P books best weekly percentage gain in about a month
By Caroline Valetkevitch
NEW YORK, May 16 (Reuters) - U.S. stocks finished little changed on Friday as surging oil prices lifted energy shares and offset data that showed consumer confidence sank to its lowest in 28 years.

[external] US STOCKS-S&P briefly turns up with energy sector gains - Reuters - Sat 11:05 am
NEW YORK, May 16 (Reuters) - U.S. stocks cut losses and the S&P 500 briefly turned higher on Friday, boosted by gains in the energy sector as oil prices rose sharply.

[external] Saudi boosts oil output, ready to pump more - Reuters - Sat 10:41 am
RIYADH, May 16 (Reuters) - The world's top oil exporter Saudi Arabia said on Friday it was ready to pump more oil if needed and has already made a modest output boost.

[external] Ecuador offers oil firms tax cut to keep output up - Reuters - Sat 9:32 am
QUITO, May 16 (Reuters) - Ecuador on Friday offered foreign oil companies a cut in a controversial windfall tax, if they keep output levels up this year, in a move to boost dwindling production in the key sector.

[external] Saudi Aramco, Conoco moving forward on refinery - Reuters - Sat 9:12 am
NEW YORK, May 16 (Reuters) - Saudi Aramco and ConocoPhillips said on Friday that they would proceed with plans to build a 400,000 barrel-per-day refinery in Yanbu, Saudi Arabia, even as costs for new refining facilities soar.

[external] US STOCKS-Market falls on record oil price - Reuters - Sat 8:27 am
NEW YORK, May 16 (Reuters) - U.S. stocks fell on Friday after the price of oil hit a record and consumer sentiment data came in surprisingly weak, reviving concerns over spending.

[external] UPDATE 1-Six European utilities back AP1000 reactor for UK - Reuters - Sat 7:44 am
LONDON, May 16 (Reuters) - Six of Europe's largest utilities are pushing for Westinghouse's AP1000 reactor to be used to build the next generation of nuclear power plants in Britain, Westinghouse said on Friday.

[external] US STOCKS-Market falls further on record oil prices - Reuters - Sat 7:19 am
NEW YORK, May 16 (Reuters) - U.S. stocks extended losses on Friday and the Nasdaq dropped more than 1 percent as a fresh run-up in oil prices to record territory added to concerns over the impact of soaring fuel costs on consumers and businesses.

Earlier Headlines

All times are Singapore Time (GMT+8)

· [external] Saudi Aramco, Conoco move forward on refinery - Reuters - Sat 7:16 am
· [external] US STOCKS-Market falls on concerns about the consumer - Reuters - Sat 6:44 am
· [external] Russia's Kerimov plans to sell Polymetal- report - Reuters - Sat 6:26 am
· [external] US STOCKS-Market slips on weak consumer confidence - Reuters - Sat 6:03 am
· [external] US STOCKS-Wall St opens flat as oil offsets housing data - Reuters - Sat 5:40 am
· [external] India's annual inflation heads towards 8 pct - Reuters - Sat 5:22 am
· [external] US STOCKS-Futures rise on housing data, energy companies - Reuters - Sat 5:20 am
· [external] Rosneft willing to work with western majors-Sechin - Reuters - Sat 5:07 am
· [external] US STOCKS-Futures add to gains on housing data - Reuters - Sat 4:38 am
· [external] Total CEO says to use cash on new oil projects - Reuters - Sat 4:24 am

· [external] Total CEO sees Saudi refinery project over $10 bln - Reuters - Sat 3:43 am
· [external] Thai Oil to sell 3 bln baht bonds in late May - Reuters - Sat 3:40 am
· [external] US STOCKS-Futures boosted by energy companies, Nordstrom - Reuters - Sat 3:38 am
· [external] South Korea joins race for Turkmen gas - Reuters - Sat 3:27 am
· [external] PetroChina names new president, other appointments - Reuters - Sat 3:22 am
· [external] India finmin expects inflation to moderate - Reuters - Sat 3:06 am
· [external] U.S. futures signal upbeat start; Yahoo rallies - Reuters - Sat 2:47 am
· [external] JP Morgan sees China stocks up 20 pct this year - Reuters - Sat 2:43 am
· [external] Japan begins talks to expand gasoline exports to US - Reuters - Sat 2:35 am
· [external] China reopens Sichuan refinery, replenishes fuel stocks - Reuters - Sat 2:08 am

· [external] India Hot Stocks: Shriram City Union up after block deal on BSE - Reuters - Sat 1:51 am
· [external] India Hot Stocks: Bongaigaon Refinery up on higher profit - Reuters - Sat 1:33 am
· [external] S.Korea's GS Caltex to invest $2.82 bln in facility - Reuters - Sat 1:12 am
· [external] India Hot Stocks: Mcnally Bharat extends gains on acquisition - Reuters - Sat 12:43 am
· [external] REFILE-Indian inflation at 7.83 pct on May 3 - Reuters - Fri 11:36 pm
· [external] BG Group orders 2 LNG ships from Samsung Heavy - Reuters - Fri 11:08 pm
· [external] Indian annual inflation at 7.83 pct on May 3 - Reuters - Fri 10:36 pm
· [external] India Hot Stocks: Tech Mahindra up on BT order report - Reuters - Fri 9:38 pm
· [external] BHP shares at record on China stake talk - Reuters - Fri 8:54 pm
· [external] India Hot Stocks:Chennai Petro jumps on strong Jan-March profit - Reuters - Fri 8:49 pm