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SINGAPORE, Oct 29 (Reuters) - A terminal for oil products could be set up in Brisbane in Australia, a government official said on Tuesday, as the country readies for a slump in its refining capacity and a surge in fuel imports. Australia's refining capacity is set to decline by at least a q
Read moreGLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange edges up 0.2 percent and the MSCI-Asia Pacific index excluding Japan is down 0.12 percent * Asian shares and the dollar fell slightly in early trade on Tuesday, mired in recent ranges as investors wait for commentary from the U.S.
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Millions were facing travel misery today as one of the worst storms in a decade swept over Britain - leaving more than 7,000 homes without power. Rail companies said that rush hour services have been delayed or cancelled and 50 short-haul flights from Heathrow had been cancelled by midnight. The tem
Read moreSerco is targeting Ian Tyler, the former boss of Balfour Beatty, to lead the troubled outsourcing company, the Sunday Times said. Tyler is one of the top candidates to replace Chris Hyman who quit on October 25th over threats to its contracts with the Government, which has accused Serco of overcharg
Read more* Rosneft plans 500,000 bpd from four fields by 2019 * It once hoped for that volume from Vankor alone this year * Vankor is crucial to supplying growing China market By Katya Golubkova MOSCOW, Oct 25 (Reuters) - Rosneft said on Friday it was delaying peak production at a
Read more* At least seven blasts in 1970s and 1980s - regional ministry * Moscow says field is safe, environmentalists see risks * No radiation leaks reported at field * Russia building closer energy ties with China By Vladimir Soldatkin MOSCOW, Oct 25 (Reuters) - A series of
Read moreBy Tom Polansek CHICAGO, Oct 24 (Reuters) - Bunge Ltd's new chief executive signaled plans to shed its loss-making Brazilian sugar milling business, making Bunge the first major merchant to consider exiting the one-hot sector that has swallowed billions of dollars of investment. Bunge
Read moreBy Alexander Winning LONDON, Oct 24 (Reuters) - Forties oil flows, which underpin the global benchmark Brent, will soon cease to be dependent on the UK's troubled Grangemouth refinery as a new power source to keep the oil flowing will come online, a British government source said on Thursda
Read more* ECJ Advocate General argues against Spanish fuel tax * "Health cent" on fuel meant to finance healthcare spending * Spain may be liable for 13 billion euros in compensation MADRID, Oct 24 (Reuters) - An adviser to the European Union's top court has recommended it should rule t
Read more(Corrects first paragraph to show the court is EU's highest court, not second-highest) MADRID, Oct 24 (Reuters) - A Spanish tax on fuel sales, the revenues of which were earmarked to health matters, breaches European Union law, an adviser to the EU's highest court said on Thursday. "S
Read more* Reduces capital spending forecast * New strategy to be released by year end * Shares rise 2 pct CALGARY, Alberta, Oct 23 (Reuters) - Encana Corp, Canada's largest natural gas producer, reported a third quarter net profit, after a year ago loss, and lowered its capital spending
Read moreNEW YORK, Oct 23 (Reuters) - Destin Pipeline Co LLC said on Wednesday the 80,000 barrel per day Tri-States Natural Gas Liquids (NGL) pipeline running from Mobile, Alabama, to Kenner, Louisiana, would shut for about a week sometime between April 1 and June 30, 2014. In a website posting Dest
Read moreHOUSTON, Oct 23 (Reuters) - BP Plc on Wednesday completed the restart of a 57,600 barrel per day (bpd) reformer after a planned overhaul at its 405,000 bpd refinery in Whiting, Indiana, sources familiar with operations at the refinery said. The reformer, which converts refinery by-products
Read more* Production in 2014 set to rise by at least 500,000 bpd * Big gains from southern Majnoon, Garraf, Halfaya * Output this year to average around 3 million bpd By Peg Mackey BAGHDAD, Oct 23 (Reuters) - Iraq, OPEC's second biggest oil producer, expects a robust return to gro
Read more* BP to supply around 40 LNG cargoes in 2014, 2015-source * Gazprom to deliver 5, Statoil 3-traders * Gas Natural wins Escobar part of tender * YPF says will ignore Gas Natural ban for now By Oleg Vukmanovic LONDON, Oct 23 (Reuters) - Argentina's state-run energy fir
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