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VLADIVOSTOK, Russia, Sept 2 (Reuters) - Russian Economy Ministry has received proposals on how to privatise a 19.5 percent stake in Russian state oil company Rosneft, the minister Alexei Ulyukayev told reporters on Friday. The state plans to sell a 19.5 percent stake in Rosneft later this y
Read moreVLADIVOSTOK, Russia, Sept 2 (Reuters) - Russian biggest oil producer Rosneft signed agreements with British oil major BP and top world oilfield services provider Schlumberger for collaboration on seismic research and development, the companies said on Friday. "Under the term of the agreemen
Read moreMOSCOW, Sept 2 (Reuters) - Russian President Vladimir Putin said on Friday the government should not discriminate against any market players willing to bid in the privatisation of oil producer Bashneft, according to a transcript of his interview with Bloomberg. Answering a question about in
Read moreBy Jarrett Renshaw NEW YORK, Sept 1 (Reuters) - A team of former Wall Street oil traders have won a partial victory in their continuing legal dispute with oil major BP PLC over how to properly run a remote eastern Canadian refinery, according to court documents filed Thursday. The leg
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(ShareCast News) - News that CK Hutchison Holdings and VimpelCom had won European Union approval to merge, in the process creating Italy´s biggest wireless telecommunications provider, sent stock in Vodafone sharply lower and its sector gauge with it. Vodafone´s own unit in that Mediterranean countr
Read moreMEXICO CITY, Sept 1 (Reuters) - At least eight large oil companies will participate in Mexico's tender to partner with state oil company Pemex to develop the deep-water Trion field in the Gulf of Mexico, two sources from the National Hydrocarbons Commission (CNH) said. Mexican subsidiaries
Read moreLONDON, Sept 1 (Reuters) - Gasoline barge prices and refining margins sunk on Thursday on the back of a sell-off in U.S. gasoline futures after investors bid up the product last week on hurricane fears. * Outages in Venezuela did little to prop up the market still suffering from a surplus a
Read moreBy Oleg Vukmanovic and Hugh Bronstein MILAN/BUENOS AIRES, Sept 1 (Reuters) - Argentina is diverting or cancelling incoming shipments of liquefied natural gas (LNG) after mild late winter temperatures curbed fuel demand and forced state-run buyer Enarsa to rework some deals. South Ame
Read more(ShareCast News) - BP has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC). The contract, which was signed on 27 July, covers approximately 1,000 square kilometres at Rong Chang Bei in the Sichuan
Read moreBOLSHOI KAMEN, Russia, Sept 1 (Reuters) - The Russian government should manage to privatise a 19.5 percent stake in oil producer Rosneft this year, Andrei Belousov, a Kremlin economic aide, told reporters on Thursday. Russia plans to sell the Rosneft stake as a part of a wider privatisation
Read moreHOUSTON, Aug 31 (Reuters) - BP Plc's 413,500 barrel per day (bpd) Whiting, Indiana refinery has received corporate approval to build a new hydrotreater to meet Tier 3 gasoline standards that will be required by the U.S. Environmental Protection Agency, according to a local media report. Onc
Read moreLONDON, Aug 31 (Reuters) - Gasoline refining margins edged higher following a fall in oil futures while a draw in U.S. gasoline stocks failed to boost cracks further as the remaining volume in storage was still considered high. * Even with upcoming refinery maintenance on the U.S. east coas
Read more(Adds CEO quotes from presentation, interview, changes headline) Aug 31 (Reuters) - Norwegian oil firm Det norske's CEO made the following statements to Reuters on the sidelines of an oil industry conference on Wednesday: * On Norwegian M&A market: "There are more assets on the market
Read moreLONDON, Aug 30 (Reuters) - Gasoline refining margins in northwest Europe dropped to near $8.5 a barrel on Tuesday amid a significant slowdown in exports as peak summer demand season draws to an end. * Refinery outages in the U.S. Gulf Coast due to unplanned maintenance and bad weather supp
Read moreHOUSTON, Aug 30 (Reuters) - Shell on Monday said it has shut in production at its Coulomb field in the Gulf of Mexico after BP shut in its Na Kika platform ahead of Tropical Depression Nine. Production from the Coulomb field flows back to the Na Kika platform, which is jointly owned by BP a
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