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* 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
Read moreBy Maggie Fick CAIRO, Oct 23 (Reuters) - Egypt is not interested in importing gas via pipeline from Israel and instead is focusing on a plan to import liquefied natural gas, a top Egyptian state executive said on Wednesday. Israel's energy and water minister said this week that it cou
Read moreHOUSTON, Oct 22 (Reuters) - BP Plc was restarting a reformer on Tuesday at its 405,000 barrel per day (bpd) Whiting, Indiana, refinery, according to sources familiar with operations at the refinery. The 57,600 bpd reformer, called Ultraformer No. 4 was shut on Sept. 10 for a planned overhau
Read moreLONDON, Oct 22 (Reuters) - Britain lifted a production ban on the huge Rhum North Sea gas field, co-owned by BP and the Iranian Oil Company, to prevent any damage to the environment and the field after it shut in 2010 due to EU sanctions on Iranian firms. The energy ministry said on Tuesday
Read moreLONDON, Oct 22 (Reuters) - Britain's energy ministry on Tuesday allowed the restart of the Rhum gas field in the North Sea, co-owned by BP and the Iranian Oil Company (IOC), where production was shut down in 2010 due to EU sanctions imposed on Iranian companies. "The government has taken th
Read moreBy Douwe Miedema WASHINGTON, Oct 21 (Reuters) - A Houston-based unit of Royal Dutch Shell Plc applied to become a registered derivatives dealer, the second global oil company to accept tough new U.S. trading rules. More than 80 banks across the world that dominate the lucrative commod
Read moreRIO DE JANEIRO, Oct 21 (Reuters) - Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday. Petrobras, as the Brazilian company is known, took 40 percen
Read moreBy Claire Milhench LONDON, Oct 21 (Reuters) - The loading dates of four November North Sea Forties crude oil cargoes have been pushed back, trade sources said on Monday. Parcel F1104, originally set to load on Nov. 5-7, will now load on Nov. 8-10 while parcel F1108 has been delayed fr
Read more* Huntington oilfield producing at 40 pct capacity-partner * Field partner cites constraints with BP's CATS pipeline * BP says investigating fluid composition issue OSLO/LONDON, Oct 21 (Reuters) - The North Sea Huntington oilfield in waters off Britain is producing at only about
Read more* On offer is offshore field holding 8 bln-12 bln barrels * Auction is first under new production-sharing model * World's premier oil companies decide to stay away By Jeb Blount RIO DE JANEIRO, Oct 21 (Reuters) - Brazil geared up on Monday to sell production rights to its
Read more* Pullout due to delays in clearances for exploration - local media * BHP had acquired stakes between 2008 and 2010 PERTH/MUMBAI, Oct 21 (Reuters) - BHP Billiton is walking away from almost all of its oil and gas interests in India, citing an inability to carry out exploration operati
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