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26 Feb 2020 07:43

Apache Corp, Pharos Energy among bidders for Shell's Egypt onshore assets-sources

By Hadeel Al Sayegh and Ron BoussoDUBAI/LONDON, Feb 26 (Reuters) - Royal Dutch Shell's onshore Egyptian oil and gas assets have drawn interest from American, Egyptian, Asian and Middle East bidders, two sources familiar with the matter told Reuter...

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26 Feb 2020 00:01

Jesuit order to ditch fossil fuels from $500 mln equity portfolio

LONDON, Feb 26 (Reuters) - Catholic religious order Jesuits in Britain will ditch fossil fuel companies from its $500 million equity portfolio by the end of the year, it said on Wednesday, citing corporate failure to respond quickly to the threat...

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21 Feb 2020 21:10

Rosneft faces logistics headache over sanctioned Swiss oil trader

* Oil buyers ask to remove Geneva unit from all papers* Fuel oil cargoes re-appear on the marketBy Olga Yagova, Natalia Chumakova and Dmitry ZhdannikovMOSCOW/LONDON, Feb 21 (Reuters) - Russian oil major Rosneft is facing a logistical headache as sev...

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21 Feb 2020 15:34

UPDATE 1-Groningen gas output fall to prevent earthquake risk ahead of target

* By mid 2022 no need for production in average year* Groningen was once Europe's largest onshore gas field (Adds context)AMSTERDAM, Feb 21 (Reuters) - Gas production at Groningen in the northern Netherlands can be lowered to 10 billion cubic metr...

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21 Feb 2020 14:52

Groningen gas production below 11.8 BCM in 2020 - Dutch govt

AMSTERDAM, Feb 21 (Reuters) - Gas production at the Groningen field in the northern Netherlands can be lowered to below the 11.8 billion cubic metres (BCM) initially targeted this year, the government said on Friday."A further reduction is possibl...

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20 Feb 2020 18:02

Pioneer Natural CEO calls on investors to divest in companies with high flaring

By Jennifer HillerHOUSTON, Feb 20 (Reuters) - The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates of natural gas flaring.The practi...

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20 Feb 2020 17:36

Oil cargo entitled to Guyana's govt sets sail for Panama -data

Feb 20 (Reuters) - Guyana's third-ever crude cargo for export, entitled to the government as profit oil from the Liza project, set sail on Thursday on tanker Cap Philippe, bound for Panama, according to Refinitiv Eikon data.The 1-million-barrel ca...

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20 Feb 2020 07:59

UPDATE 2-Asia to absorb LNG supply growth from mid-2020 -Shell

* LNG supply soared over past year, excess cargoes sent to Europe* Shell sees supply growth easing from mid-2020* Expects impact of coronavirus on Chinese demand to be temporary* (Updates throughout with outlook for 2020, quotes from webcast)By Ek...

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20 Feb 2020 07:59

UPDATE 1-Global LNG demand expected to double by 2040 to 700 mln tonnes - Shell

(Adds more detail, quotes)By Nina ChestneyLONDON, Feb 20 (Reuters) - Global demand for liquefied natural gas (LNG) is expected to double to 700 million tonnes by 2040, with gas continuing to play a key role in a lower-carbon energy system, Royal D...

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20 Feb 2020 07:48

UPDATE 2-Norway's oil industry raises 2020 investment forecast - SSB

(Adds analysts)OSLO, Feb 20 (Reuters) - Norwegian oil and gas investments, the key driver of the country's economy, will rise more than previously expected this year before declining in 2021, an industry survey by the national statistics agency (S...

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20 Feb 2020 07:48

UPDATE 1-Norway's oil industry raises 2020 investment forecast - SSB

(Adds forecast for 2021, details)OSLO, Feb 20 (Reuters) - Norwegian oil and gas investments, the country's key economic driver, will rise more than previously expected but will fall in 2021, an industry survey by Statistics Norway (SSB) showed on ...

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20 Feb 2020 07:19

Norway's oil industry raises 2020 investment forecast -SSB

OSLO, Feb 20 (Reuters) - Norwegian oil and gas investments, the country's key economic driver, will rise more than previously expected, but were to fall in 2021, an industry survey by Statistics Norway (SSB) showed on Thursday.The closely watched ...

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20 Feb 2020 07:05

Global LNG demand expected to double by 2040 to 700 mln tonnes - Shell

LONDON, Feb 20 (Reuters) - Global demand for liquefied natural gas (LNG) is expected to double to 700 million tonnes by 2040 as gas will continue to play an important role in a lower-carbon energy system, Royal Dutch Shell's annual market outlook...

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19 Feb 2020 17:04

LIVE MARKETS-Closing snapshot: another record day

* European shares close at record highs, up 0.8%* China stimulus hopes, drop in new virus cases lifts mood* Puma affirms FY targets despite virus, shares jump* Tech and utilities anong top gainers, financials lag* Wall Street: S&P 500, Nasdaq scale n...

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19 Feb 2020 16:27

LIVE MARKETS-UK: more jobs, higher prices, new Chancellor - So what?

* European shares hit new record highs, up 0.8%* China stimulus hopes, drop in new virus cases lifts mood* Puma affirms FY targets despite virus, shares jump* Tech and utilities lead gainers, financials down* Wall Street: S&P 500, Nasdaq scale new hi...

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