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(Updates with DOE approval for Lake Charles LNG exports to non-FTA nations) Aug 7 (Reuters) - A third U.S. liquefied natural gas terminal, in Lake Charles, Louisiana, received approval on Wednesday from the Department of Energy to export domestic natural gas to non-free trade agreement nation
Read moreTBILISI, Aug 7 (Reuters) - Output from Azerbaijan's crucial Azeri-Chirag-Guneshli (ACG) oilfields has stabilised this year near average 2012 levels, with first-half output of 672,000 barrels a day up from 662,000 in the first quarter, official figures confirmed this week. A drop in producti
Read moreTBILISI, Aug 7 (Reuters) - Oil company BP on Wednesday reported a 2.4 percent drop in its first-half 2013 oil output at Azerbaijan's Azeri-Chirag-Guneshli (ACG) fields. BP said oil output at ACG fell to 16.4 million tonnes in January-June from 16.8 million in the same period last year. <
Read more* Crude futures settle lower * Brent premium to U.S. crude increases NEW YORK, Aug 6 (Reuters) - Most cash crude differentials in the United States strengthened on Tuesday as the transatlantic spread between Brent and U.S. crude futures widened while crude futures pushed lower, traders a
Read moreBy Robert Campbell NEW YORK, Aug 6 (Reuters) - Eight months after the legal deadline the Obama Administration has released the 2013 Renewable Fuels Standard rule. More importantly it promised waivers next year that will supposedly keep this badly designed law from inflating gasoline prices.
Read more* BP seeks to suspend payouts until Freeh finishes report * Questionable claims, conflicts of interest alleged By Jonathan Stempel Aug 5 (Reuters) - BP Plc said Monday it has discovered new evidence of fraud and conflicts of interest in the program that is paying billions of dol
Read moreBy Scott DiSavino Aug 5 (Reuters) - U.S. federal energy regulators on Monday ordered BP Plc to respond to allegations of natural gas market manipulation in Texas, threatening the energy company with fines near $29 million. The move likely sets up another major legal battle for the Federal
Read moreHOUSTON, Aug 5 (Reuters) - BP Plc restarted the smallest crude distillation unit (CDU) at its 405,000 barrels-per-day refinery in Whiting, Indiana, over the weekend, sources familiar with operations at the plant said on Monday. Energy intelligence group Genscape reported the restart on Sund
Read more* Crude futures settle lower * Brent premium to U.S. crude increases slightly NEW YORK, Aug 5 (Reuters) - Most cash crude differentials in the United States strengthened slightly on Monday as the transatlantic spread between Brent and U.S. crude futures widened, while crude futures edged
Read moreAug 5 (Reuters) - BP Plc said on Monday it would "vigorously defend" itself against allegations from U.S. regulators that its traders manipulated natural gas markets in late 2008. Earlier on Monday the U.S. Federal Energy Regulatory Commission (FERC) ordered the energy company to respond to
Read moreAug 5 (Reuters) - U.S. federal energy regulators on Monday ordered BP Plc to show cause why a unit of the British oil company should not be found to have manipulated the natural gas market and to pay a fine of $28 million and disgorge $800,000 plus interest. The Federal Energy Regulatory Co
Read moreBy Yereth Rosen ANCHORAGE, Aug 2 (Reuters) - Activists hoping to overturn a sweeping tax break for Alaska oil producers have their work cut out for them, even after getting confirmation that they secured enough voter backing to put a referendum on the ballot next year. The referendum
Read more* Crude futures fall on weak employment data * Brent premium to U.S. crude back above $2/bbl NEW YORK, Aug 1 (Reuters) - Cash crude differentials in the United States were mixed on Friday and for the most part little changed as crude futures slumped in reaction to disappointing U.S. empl
Read more(Adds BP no comment, background) HOUSTON, Aug 2 (Reuters) - BP Plc plans to restart the smallest crude distillation unit at its 405,000 barrel per day (bpd) Whiting, Indiana, refinery over the weekend, sources familiar with operations at the refinery said on Friday. Energy industry in
Read moreHOUSTON, Aug 2 (Reuters) - BP Plc plans to restart the smallest crude distillation unit at its 405,000 barrel per day (bpd) Whiting, Indiana, refinery over the weekend, sources familiar with operations at the refinery said on Friday. Energy industry intelligence service Genscape said the un
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