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OSLO, Oct 14 (Reuters) - Norway's Aker BP fell short of its third-quarter oil and gas output target and will take an impairment charge of $80 million, it said on Monday, sending its shares down more than 4%.Daily output fell to 146,100 barrels of ...
Read more* Will launch tender offer for 25.2% of Adani Gas* Total to also buy 12.2% stake from Adani family* India spending heavily to cut carbon emissions* Adani Gas shares surge more than 12% on news of deal (Adds Wood Mackenzie comments, deal details)By C...
Read moreBAKU, Oct 11 (Reuters) - BP said on Friday it would shut down its West Chirag platform in Azerbaijan for 15 days starting on Oct. 15 for planned maintenance."In accordance with the plan, production from the West Chirag platform will be suspended o...
Read more* To take $2-$3 bln charge* Ahead of schedule on $10 bln divestment target (Recasts, adds detail, shares)By Ron BoussoLONDON, Oct 11 (Reuters) - BP will take charges of $2 to $3 billion in the third quarter, the British energy firm said on Friday,...
Read moreLONDON, Oct 11 (Reuters) - BP expects to hit its $10 billion disposal programme by the end of 2019, almost one year ahead of schedule, which will however result in a $2-$3 billion charge in the third quarter.As a result of the agreed divestments, ...
Read moreRIO DE JANEIRO, Oct 10 (Reuters) - A consortium of Royal Dutch Shell Plc, Chevron Corp and Qatar Petroleum won oil exploration and production rights in the C-M-713 block off the coast of Brazil on Thursday, paying the government a signing bonus o...
Read more(Adds Total statement, info on unsuccessful bidders)By Gram Slattery and Marta NogueiraRIO DE JANEIRO, Oct 10 (Reuters) - Ten companies on Thursday agreed to pay more than $2 billion for the exploration and production rights in 12 offshore oil blo...
Read more(Updates with auction results)By Gram Slattery and Marta NogueiraRIO DE JANEIRO, Oct 10 (Reuters) - Ten companies on Thursday agreed to pay more than $2 billion for the exploration and production rights in 12 offshore oil blocks in Brazil, in what...
Read more(Updates with Equinor and Chevron no comment)By Gram Slattery and Marta NogueiraRIO DE JANEIRO, Oct 10 (Reuters) - BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off t...
Read more* Chevron's ACG stake valued at over $2 bln - sources* Exxon continues to seek buyer for its stake in fieldBy Ron Bousso and Dmitry ZhdannikovLONDON, Oct 9 (Reuters) - Hungarian energy firm MOL is in talks to acquire Chevron's stake in a giant oilf...
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(Sharecast News) - A Democratic victory in the next US presidential elections could turn into a 'big headache' for the oil majors on both sides of the Atlantic, analysts at Berenberg said.
Read more(Adds detail)By Helen ReidCAPE TOWN, Oct 9 (Reuters) - Senegal has delayed the launch of an oil and gas licensing round due on Wednesday until Nov. 4 as contract documents still need to be finalised, oil minister Mahamadou Makhtar Cisse said."We n...
Read moreCAPE TOWN, Oct 9 (Reuters) - Angola wants to cash in on the roughly 3 billion cubic feet per day of associated natural gas it produces, most of which is now flared, the petroleum minister said on Wednesday.The announcement of efforts to generate m...
Read more* Oil, gas sector has no unified carbon accounting standard* Firms have no comparable emissions reduction targets* Are oil groups responsible for emissions from fuel use?* Oil majors' carbon emissions: https://tmsnrt.rs/2l6A9v0By Shadia Nasralla and ...
Read moreOct 7 (Reuters) - British oil major BP shut a vacuum distillation unit (VDU) on Sunday as part of a planned overhaul on a gasoline-producing unit at its 430,000 barrel per day (bpd) Whiting refinery in Indiana, sources familiar with plant operati...
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