Main Update Highlights from entire month of June, 2013

Statoil and Stadtwerke Düsseldorf conclude innovative gas‐to‐power contract ‐ Statoil and
Stadtwerke Düsseldorf have signed a 15‐year arrangement for the supply of natural gas to Stadtwerke
Düsseldorf’s upcoming 600‐MW gas power plant (CCGT) in Lausward/Düsseldorf, Germany.

Base Oil Group III prices in Europe is drifting downwards due to huge inventories.

Base Oil SN 150 FOB Europe prices down by 1% June 2013.