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Julia Payne

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

18 Jan 2018

Nigeria sues JP Morgan for $875 million over Malabu oilfield deal

LONDON Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

18 Jan 2018

Nigeria passes major oil reform bill after 17 year struggle

LONDON/ABUJA Nigeria has moved closer to turning an oil industry bill into law after a 17 year struggle to complete the legislation which aims to increase transparency and stimulate growth in the country's oil industry.

18 Jan 2018

Libya sets 2018 oil contracts, Glencore keeps Sarir/Messla grades

LONDON, Jan 18 Glencore is keeping the marketing rights for the Sarir and Messla crude grades for a third year even though BP and Shell are returning to lift Libyan oil in a sign the country's industry is perceived as becoming more reliable, sources said.

17 Jan 2018

U.S. approval to close Glencore's HNA deal seen by end-June: sources

LONDON Swiss trader and miner Glencore expects to secure U.S. approval by the end of June on the U.S. portion of a deal to sell a 51 percent stake in its storage and logistics business to China's HNA Group, sources familiar with the matter said.

15 Jan 2018

Noble Group nets less than expected from oil unit sale to Vitol

LONDON Struggling commodities trader Noble Group has completed the sale of its U.S.-focused oil business to the world's largest oil trader Vitol, but net proceeds from the deal are lower than a previously announced estimate, the company said on Monday.

15 Jan 2018

Noble Group nets less than expected from oil unit sale to Vitol

LONDON, Jan 15 Struggling commodities trader Noble Group has completed the sale of its U.S.-focused oil business to the world's largest oil trader Vitol, but net proceeds from the deal are lower than a previously announced estimate, the company said on Monday.

11 Jan 2018

Sinopec moves closer to winning Chevron's South Africa assets

BEIJING/LONDON China's Sinopec Corp inched closer on Thursday to victory over Glencore in their battle for Chevron's South Africa and Botswana assets, saying the South African government favoured its bid.

10 Jan 2018

Troubled Noble Group says goodbye to global oil trading

LONDON Noble Group is closing down its London oil desk and winding down its Asia oil operations, sources familiar with the matter said, as heavy losses and high debt force what was once Asia's biggest commodities trader to restructure.

20 Dec 2017

Chad, Glencore talks to renegotiate $1 billion loan fail again

LONDON A delegation from Chad and commodities trader Glencore failed to reach a deal to restructure a more than $1 billion (£746.09 million) oil-backed loan after another round of talks in Paris that ended this week, a source familiar with the matter said.

18 Dec 2017

Nigeria's rush for petrol could save Europe's sagging margins

LONDON, Dec 18 Nigeria's rush to keep its citizens supplied with fuel is expected to boost purchases of European gasoline in December, offering a potential respite to European refineries and storage terminals threatened by an oversupply that has battered margins.

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