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By Braden Reddall March 1 (Reuters) - Transocean Ltd has lured away Seadrill Ltd's chief financial officer and investors are eager to find out whether the world's largest offshore rig contractor will borrow some of its rival's tricks to boost shareholder value. Esa Ikaheimonen will sp
Read moreBy Daniel Fineren DUBAI, March 4 (Reuters) - The timeframe remains uncertain for reopening the Brent pipeline system in the UK North Sea after it was shut on Saturday due to another leak at the Cormorant Alpha oil platform, its operator said on Monday. The 80,000 barrels per day (bpd)
Read moreMarch 4 (Reuters) - Transocean Ltd , the world's largest offshore drilling contractor, said its board recommended restarting dividend payments, more than a month after activist investor Carl Icahn pushed for a payout. The board has recommended that shareholders approve $2.24 per share divid
Read moreVIENNA, March 4 (Reuters) - The Nabucco consortium competing to build a pipeline to bring Azeri gas to Europe has signed a memorandum of understanding with TANAP, the group that will bring the gas through Turkey. Nabucco said on Monday the two parties had agreed to exchange technical and ot
Read more* Gas find boosts Oman reserves by 9 pct * Oil production seen rising to 940,000 bpd in 2013 By Saleh Al-Shaibany MUSCAT, March 3 (Reuters) - Oman hopes to reach agreement in the next few weeks on the price BP would get paid for gas produced from the key Khazzan tight gas projec
Read moreDUBAI, March 3 (Reuters) - The UK Brent oil pipeline system remained shut on Sunday as the operator of the Cormorant Alpha platform in the North Sea investigated a leak of hydrocarbons into one of the platform's legs, the operator said. The closure, the second time the system has been close
Read moreMUSCAT, March 3 (Reuters) - Oman hopes to reach agreement in the next few weeks on the price BP could sell gas from the Khazzan tight gas project for, Oman's oil minister told reporters on Sunday. "Both the government and BP have disagreements, including gas pricing, but I am confident that
Read moreHOUSTON, March 1 (Reuters) - Gasoline differentials weakened in the Los Angeles spot market on Friday due to low buying demand, traders said. Los Angeles-market March-delivery CARBOB gasoline sold down 0.5 cent a gallon at 4 cents a gallon under the price for the April RBOB gasoline future
Read moreBy Braden Reddall March 1 (Reuters) - Transocean Ltd has lured away Seadrill Ltd's chief financial officer and investors are eager to find out whether the world's largest offshore rig contractor will borrow some of its rival's tricks to boost shareholder value. Esa Ikaheimonen will sp
Read more* Carson refinery work could last through March 12 * Work was expected to last six weeks, finish Feb. 22 (Adds BP no comment, background) HOUSTON, March 1 (Reuters) - BP Plc's 240,000 barrel-per-day (bpd) Los Angeles-area refinery in Carson, California, extended by four days the tim
Read moreHOUSTON, March 1 (Reuters) - BP Plc's 240,000 barrel per day (bpd) Los Angeles-area refinery in Carson, California, extended the period for completing an overhaul on the 102,500 bpd gasoline-producing fluidic catalytic cracking unit by four days, said sources familiar with operations at the refin
Read moreMarch 1 (Reuters) - BP Plc warned of flaring at its 265,000 barrel-per-day (bpd) Los Angeles-area refinery in Carson, California, according to a filing with state pollution regulators on Friday. The flaring is scheduled to take place from March 4-12, the company said in a filing with the S
Read more* BP output at ACG field falls faster than Azeri total * Falling output has aroused concern in Azerbaijan * Output from Shah Deniz gas field is up By Lada Evgrashina and Margarita Antidze BAKU, March 1 (Reuters) - BP's output at Azerbaijan's Azeri-Chirag-Guneshli (ACG) fie
Read moreBAKU, March 1 (Reuters) - British oil major BP said on Friday its oil output at Azerbaijan's Azeri-Chirag-Guneshli fields was down 7 percent in 2012, falling more than the country's total reported crude output, while its output from the Shah Deniz gas field rose. BP said in a press release
Read more* BP to have two seats on Rosneft board * BP to raise stake in Rosneft * Dudley would be on board with ex-East German secret agent turned investment banker By Vladimir Soldatkin MOSCOW, March 1 (Reuters) - Russia has offered BP CEO Bob Dudley a seat on the board of directo
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