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FRANKFURT, Aug 20 (Reuters) - Poland's largest refiner PKN Orlen aims to buy petrol stations in Germany to expand its network in Europe's biggest economy, the chief of PKN's German business told a newspaper. "Over the coming five years, we want to grow our network of petrol stations under t
Read more* Deal gives Statoil $7 bln to fund new expansion * OMV sees over $500 mln EBIT contribution from deal * Reduces OMV's exposure to Middle East oil * OMV gains 320 million barrels of oil equivalents By Balazs Koranyi and Michael Shields OSLO/VIENNA, Aug 19 (Reuters) -
Read moreBy Fergus Jensen JAKARTA, Aug 16 (Reuters) - A graft scandal engulfing Indonesia's energy regulator widened on Friday, with three top officials suspended and barred from travel, as media speculated the revelations could further damage the ruling party of President Susilo Bambang Yudhoyono.<
Read moreThe market value of Total - which recently posted its first quarterly oil and gas production rise in three years - has overtaken BP's for the first time since 2011, making the French oil major Europe's No2 integrated oil company by market capitalisation after Ango-Dutch group Shell . By 09
Read moreHOUSTON, Aug 15 (Reuters) - Workers for some Gulf of Mexico oil and gas operators were being evacuated from offshore facilities on Thursday as a low-pressure system threatened to strengthen into a cyclone but production was not interrupted. The U.S. National Hurricane Center said a weather
Read moreHOUSTON, Aug 15 (Reuters) - BP Plc said on Thursday it was evacuating some workers from its oil and gas platforms in the Gulf of Mexico as a low-pressure system threatened to strengthen into a cyclone, the company said. BP said workers not essential to oil and gas production were being evac
Read moreLONDON, Aug 15 (Reuters) - Egyptian oil and gas production by major companies including BP and BG has been unaffected by the crisis in Egypt, although Royal Dutch Shell has closed its office for the next few days and restricted business travel there. "Operations and production are unaffect
Read moreHOUSTON, Aug 15 (Reuters) - Some Gulf of Mexico oil and gas operators began evacuating workers from offshore facilities on Thursday as a low-pressure system threatened to strengthen into a cyclone. The U.S. National Hurricane Center said Thursday morning that a weather disturbance in the no
Read moreNEW YORK, Aug 15 (Reuters) - Destin Pipeline Co LLC on Thursday said pipelines in the Gulf of Mexico operated by BP Plc were in phase 2 of their severe weather contingency plan, with all non-essential personnel to be evacuated ahead of a possible storm nearing its offshore operations. Dest
Read more* No final decision on extent of Basra terminal maintenance * Ministry considering new plan to avoid impacting exports * Market worries of 400,000-500,000 bpd export reduction By Ahmed Rasheed BAGHDAD, Aug 15 (Reuters) - Iraq is still undecided whether to carry out full ma
Read moreLONDON, Aug 15 (Reuters) - Europe's top oil company Royal Dutch/Shell has closed its offices in Egypt for the next few days and restricted business travel there after at least 525 people were killed in a security crackdown. Shell gave no details on how many staff were affected by the closur
Read more* Official accused of receiving more than $500,000 from Kernel Oil employees * Indonesia is trying to attract investment into oil sector * Latest high profile graft scandal in Indonesia By Fergus Jensen and Andjarsari Paramaditha JAKARTA, Aug 14 (Reuters) - Indonesia's ant
Read more* September WCS trading at $22.40/bbl below WTI * September synthetic at $3.75/bbl premium to WTI CALGARY, Alberta, Aug 14 (Reuters) - Canadian crude prices were little changed on Wednesday, with traders reporting thin volumes as the market looked ahead to news of pipeline apportionme
Read moreBy Jeb Blount RIO DE JANEIRO, Aug 14 (Reuters) - Brazilian oil and natural gas producer HRT Participações SA said on Wednesday that liquefied natural gas is its preferred solution to move gas from isolated Amazon wells to paying customers. HRT and its partner in the company's Brazil
Read moreRIO DE JANEIRO, Aug 14 (Reuters) - Brazilian oil and natural gas producer HRT Participações SA intends to reduce exploration activities in the Amazon to a minimum and focus on three offshore wells in Namibia, Chief Executive Milton Franke said on Wednesday. The company said it hired Goldm
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