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NEW YORK, July 23 (Reuters) - Destin Pipeline Co LLC on Tuesday said it continued to remove liquids from the Pascagoula liquid handling facility in Mississippi and estimates work will be completed on or around midday July 24, versus a previous estimate for completion of July 28. Destin said
Read moreLONDON, July 23 (Reuters) - The North Sea's Forties Pipeline System, which transports crude underpinning the Brent benchmark, is operating under a "minor" restriction on flows likely to last a further week or so, operator BP said on Tuesday. The restriction is due to work on two of the trai
Read moreLONDON, July 23 (Reuters) - BP's Rotterdam refinery in the Netherlands will undergo maintenance on one of its two crude distillation units (CDU) in September, trading sources said. The maintenance on the CDU will shut in 190,000 barrels per day (bpd) from its total capacity of around 400,00
Read moreNEW YORK, July 22 (Reuters) - Destin Pipeline Co LLC on Monday said that it was in the process of removing fluid from the Pascagoula liquid handling facility and that upon completion of the removal process, the force majeure event in effect would be lifted and the Pascagoula gas processing plant
Read more* Q2 earnings per share 73 cents vs 72 cents expected * North American profit margins improve, seen rising more * Shares fall 1.1 percent By Braden Reddall July 22 (Reuters) - Halliburton Co on Monday delivered a higher-than-expected quarterly profit as it found greater su
Read moreNEW YORK, July 21 (Reuters) - Destin Pipeline Co LLC on Sunday declared force majeure on an offshore Gulf of Mexico portion of its natural gas pipeline system and said it would not be able to provide service through the Pascagoula processing plant in Mississippi due to high level of liquid in the
Read moreBy Rujun Shen and Yantoultra Ngui SINGAPORE/KUALA LUMPUR, July 22 (Reuters) - From hauling rigs to delivering toilet paper, firms from Southeast Asia are cornering lucrative niches of the oilfield services market to deliver growth that far outstrips that of much larger global peers. S
Read moreBy Kathy Finn NEW ORLEANS, July 19 (Reuters) - A federal judge Friday denied BP's attempt to suspend payments to people and businesses claiming damages related to the 2010 Gulf of Mexico oil spill, while an investigator looks into possible misconduct in the payout process. The payment
Read moreNEW ORLEANS, July 19 (Reuters) - A federal judge denied BP Plc's attempt to suspend payments to people and businesses claiming damages related to the 2010 Gulf of Mexico oil spill, while an investigator looks into possible misconduct in the payout process. The payments are being made under
Read more* Q1 net profit at 53.5 bln rupees vs estimate of 52.7 bln * Q1 refining margin rises to $8.4 per bbl vs $7.6 year ago * Company hopes to stabilise D6 production - CFO By Prashant Mehra July 19 (Reuters) - Higher margins from its core refining business helped Indian energy
Read moreJuly 19 (Reuters) - India's Reliance Industries Ltd first-quarter net profit rose 19 percent year-on-year to 53.52 billion rupees ($897.91 million), beating forecasts, lifted by stronger margins in its main oil refining business. Net sales fell 4.6 percent to 876.5 billion rupees. Re
Read moreLONDON, July 19 (Reuters) - Former BP chief executive John Browne is to preside over the biggest set of oil and gas assets in the shallower, mature section of the Gulf of Mexico after buying them from U.S.-based Apache Corp. Private equity firm Riverstone Holdings LLC, where Browne is a par
Read moreBy Nia Williams CALGARY, Alberta, July 18 (Reuters) - U.S. regulators have approved a plan by Canada's largest pipeline company Enbridge Inc to alter how it calculates the amount of crude shippers can nominate on its export network, a move the company says will cut overbooking on congested
Read moreBy Anna Driver and Greg Roumeliotis July 18 (Reuters) - Apache Corp said on Thursday it had agreed to sell its Gulf of Mexico shelf assets for $3.75 billion to private equity firm Riverstone Holdings LLC as the oil and gas company focuses on growth from its U.S. onshore assets. Shares
Read more* Crude futures end higher as U.S. inventories drop * Brent-U.S. crude spread narrows * Shell to shut production platform, supports sour grades NEW YORK, July 17 (Reuters) - Cash crude differentials in the United States strengthened on Wednesday as news that Shell would temporarily s
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