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(Corrects paragraph 15 to up to 15 percent, not up to 20 pct) * Industry pays little or no tax on 2 bln stg annual revenues * Tax change to cap intra-group deductions for rig leasing * MPs criticise tax authority for leniency to business * Tax authority accepts transfer pr
14 May 14 13:03CAIRO, May 14 (Reuters) - Egypt's debt to foreign oil companies operating in the Arab country was $5.9 billion by the end of April, the head of the state-run oil company said in remarks published on Wednesday. Money owed to foreign oil majors including BP and BG Group totalled $4.9 billion
14 May 14 10:44BAKU, May 14 (Reuters) - Azerbaijan said oil and condensate output fell to 14.1 million tonnes in January-April 2014, down 1.4 percent on the same period a year earlier, citing lower output at main oilfields Azeri, Chirag and Guneshli (ACG) as a reason for the decline. The State Statistics Co
14 May 14 10:19May 13 (Reuters) - The 80,000-barrel-per-day Tri-States Natural Gas Liquids (NGL) pipeline running from Mobile, Alabama, to Kenner, Louisiana, will be shut down for approximately two hours on May 23, 2014 to perform planned maintenance, Destin Pipeline Co LLC said on Tuesday in a website posting.
13 May 14 21:22* Energy demand soars in Kuwait during the summer * Kuwait expects to import 2.5 mln tonnes of gas annually * Deals with BP, Shell and Qatargas this year (Adds details on shipments) By Ahmed Hagagy KUWAIT, May 13 (Reuters) - Kuwait signed a five-year liquefied natural ga
13 May 14 12:46(Adds detail, background) KUWAIT, May 13 (Reuters) - Kuwait signed a five-year liquefied natural gas (LNG) supply deal with BP on Tuesday, worth an estimated $3 billion, as it seeks to meet rising energy demand to power air conditioning during scorching Gulf summers. Kuwait, a major O
13 May 14 10:31KUWAIT, May 13 (Reuters) - Kuwait's state oil group said it signed a five-year liquefied natural gas (LNG) supply deal with BP on Tuesday, worth an estimated $3 billion, the Gulf state's second energy import deal this week. Kuwait Petroleum Corp (KPC) signed a $12 billion LNG supply deal wi
13 May 14 10:02* Industry pays little or no tax on 2 bln stg annual revenues * Tax change to cap intra-group deductions for rig leasing * MPs criticise tax authority for leniency to business * Tax authority accepts transfer pricing outcomes not always fair (Adds detail on tax payments) <p
13 May 14 09:14* Industry pays little or no tax on 2 bln stg annual revenues * Tax change to cap intra-group deductions for rig leasing * MPs criticise tax authority for leniency to business * Tax authority accepts transfer pricing outcomes not always fair By Tom Bergin LONDON, May
13 May 14 05:30(Adds figures on oil exports via BTC, background) BAKU, May 12 (Reuters) - Azerbaijan's oil exports via Russia fell 40.6 percent year on year to 338,812 tonnes in the first four months of 2014, Azeri state energy company SOCAR said. In full-year 2013, Azeri exports via Russia declined
12 May 14 13:38LONDON (Alliance News) - BP PLC Monday said that the following executive directors and directors acquired shares at a price of GBP5.009 per share through the company's ShareMatch UK Plan. Executive Director Iain Conn, General Counsel Rupert Bondy, and Chief Financial Officer Brian Gilvary a
12 May 14 13:36LONDON (Alliance News) -<strong> British Sky Broadcasting</strong> confirmed Monday that it is working on the potential acquisition of 21st Century Fox's interests in Sky Deutschland and Sky Italia.<br /><br />Bloomberg, citing people familiar with the matter, reported that talks about the pot
12 May 14 11:59LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>British Sky Broadcasting</strong> Group PLC confirmed it is working on the potential acquisition of 21st Century Fox's interests in Sky D
12 May 14 10:23LONDON (Alliance News) - UK shares have opened cautiously higher Monday, amid a lack of economic data and with a wary eye on developments in Ukraine.<br /><br /><strong>BSkyB</strong> confirmed press reports that has approached its major shareholder 21st Century Fox about buying Sky Deutschlan
12 May 14 07:29LONDON (Alliance News) - BP PLC, Niko Resources Ltd and Reliance Industries Ltd together announced on Saturday that they issued on Friday a notice of arbitration to the Indian government over gas prices. The firms had won the approval in 2013 to nearly double their prices at the Indian natu
12 May 14 06:34
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