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18 Jan 2017 13:16

Global oil, gas discoveries drop to 70-year low -Rystad Energy

* Oil and gas discoveries drop to 6 bln barrels in 2016 * Companies' reserves replacement ratio drops to 10 pct * GRAPHIC: Global oil discoveries (http://reut.rs/2jK3Qwq) By Ron Bousso LONDON, Jan 18 (Reuters) - Oil and gas discoveries around the world dropped last year to

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18 Jan 2017 09:49

Petro Matad Expects Shell Payment Within Next 10 Days

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18 Jan 2017 02:41

BUZZ-Oil majors to divest $40 bln worth of Asia upstream assets this year - Woodmac

SINGAPORE, Jan 18 (Reuters) - * Asia-Pacific's upstream oil and gas sector holds up to $40 billion worth of opportunities in 2017 as oil majors divest mature and mid-life assets in the region, according to a research by Wood Mackenzie. * "Chevron and Shell hold the largest portfolio of legacy ass

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17 Jan 2017 21:00

Oil majors, car makers to push hydrogen technology to help cut emissions

DAVOS, Switzerland, Jan 17 (Reuters) - The heads of some of the world's biggest oil firms and automakers agreed on Tuesday to push for broader global use and bigger investments in using hydrogen to help reduce emissions and arrest global warming. The oil firms' and car makers' chiefs said t

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17 Jan 2017 14:54

UPDATE 2-Norway awards 56 oil and gas licences in mature areas

(Adds Statoil, Aker BP, oil minister quotes, details) By Nerijus Adomaitis and Joachim Dagenborg SANDEFJORD, Norway, Jan 17 (Reuters) - Norway awarded 56 offshore exploration licences on Tuesday, matching last year's record number, as it seeks to boost output from acreage located near

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17 Jan 2017 12:41

Norway awards 56 oil and gas licences in mature areas

SANDEFJORD, Norway, Jan 17 (Reuters) - Norway's oil ministry awarded 56 offshore exploration licences on Tuesday in a bid to lift output from acreage located near existing oil and gas fields. A total of 29 companies won stakes in the annual award of acreage in so-called mature areas, or are

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16 Jan 2017 09:27

BROKER RATINGS SUMMARY: Liberum Puts Rating On Ashmore Under Review

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13 Jan 2017 16:20

BUZZ-Shell issues tariff to move SPR crude on Zydeco pipeline

HOUSTON, Jan 13 (Reuters) - Shell on Friday filed a tariff to move oil from two Strategic Petroleum Reserve sites on its Zydeco Pipeline after the Department of Energy issued a sales notice for the oil earlier this week, according to a regulatory filing: * Shell's Zydeco pipeline is connec

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12 Jan 2017 15:17

Shell restarting hydrogen plant, isomax unit at Ontario refinery - source

NEW YORK, Jan 12 (Reuters) - Royal Dutch Shell is restarting the hydrogen plant and a 6,700 barrel-per-day (bpd)isomax unit Thursday at its 75,000 bpd refinery in Sarnia, Ontario, after an unexpected shutdown earlier in the week, according to a source familiar with the plant's operations. E

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12 Jan 2017 14:08

Petro Matad Notes Share Price Move, Says No Further Update

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12 Jan 2017 11:59

UPDATE 2-Shell oil workers in Gabon begin "unlimited" strike on Thursday

(Updates with Shell reaction) LIBREVILLE, Jan 12 (Reuters) - Royal Dutch Shell workers in Gabon began an "unlimited" strike on Thursday at all the company's operations in the Central African OPEC member country, the workers' union wrote in a letter to employees. Shell is in advanced

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12 Jan 2017 10:19

Shell oil workers in Gabon begin "unlimited" strike on Thursday

LIBREVILLE, Jan 12 (Reuters) - Royal Dutch Shell workers in Gabon on Thursday began an "unlimited" strike on all operations in the Central African OPEC member, the oil workers union wrote in a letter to employees. There was no immediate response from Shell, and the cause of the strike was

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12 Jan 2017 09:46

UPDATE 1-Norway raises oil and gas production forecasts -regulator

(Adds forecasts) STAVANGER, Norway, Jan 12 (Reuters) - Oil and gas output from Western Europe's top producer Norway will be higher than previously expected in 2017 and 2018 following above-forecast output last year, the Norwegian Petroleum Directorate (NPD) predicted on Thursday. At t

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12 Jan 2017 09:10

Norway raises oil and gas production forecasts -regulator

STAVANGER, Norway, Jan 12 (Reuters) - Norway's oil and gas output will be higher than previously expected in 2017 and 2018 following above-forecast output last year, the Norwegian Petroleum Directorate (NPD) predicted on Thursday. At the same time the regulator cut its forecast for the indu

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11 Jan 2017 22:45

Argentina's Vaca Muerta shale may not be developed until oil prices rise

By Hugh Bronstein BUENOS AIRES, Jan 11 (Reuters) - Argentina made a move to lower its high labor costs this week with a deal to reduce benefits for workers in the country's immense Vaca Muerta shale oil formation, but the resource may remain largely untapped until world oil prices recover f

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