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18 Nov 2016 19:48

UPDATE 1-Obama administration bars new oil exploration in Arctic waters

(Adds details of plan, quotes from industry group and environmentalist) By Timothy Gardner WASHINGTON, Nov 18 (Reuters) - The Obama administration on Friday blocked new exploration for oil and gas in Arctic waters, in a win for environmental groups that had fought development of the e

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18 Nov 2016 15:49

Dutch refinery workers to take action next week, may cause disruption - union

LONDON, Nov 18 (Reuters) - A Dutch trade union representing workers at Shell's 404,000 barrel per day Pernis refinery said on Friday workers will take industrial action on Nov. 22 and Nov 23 after failing to reach agreement with the company over wage demands. ** Trade union FNV says it expe

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18 Nov 2016 09:51

Banks told to be more transparent on debt allocations

By Steve Slater LONDON, Nov 18 (IFR) - Banks need to be more transparent about their allocation policies for debt issuance and investors should ensure their orders reflect their true demand, the new board aiming to improve standards in fixed income markets said. The proposals from the

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18 Nov 2016 08:35

UPDATE 1-Iraq's oil contracts make joining OPEC output cut more painful

* Iraq must compensate firms for output curbs -documents, sources * Baghdad has already told OPEC it will not cut production * Says it needs every last dollar to fight Islamic State (Adds Exxon declines to comment) By Ahmad Ghaddar and Ahmed Rasheed LONDON/BAGHDAD, Nov 1

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18 Nov 2016 08:06

ITM Power gains permission to build Beaconsfield hydrogen station

(ShareCast News) - ITM Power, an energy storage and clean fuel company, has been granted planning permission from South Buckinghamshire District Council to construct a hydrogen refuelling station at oil behemoth Royal Dutch Shell's filling station in Beaconsfield. This will be the first hydrogen ref

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18 Nov 2016 07:00

Iraq's oil contracts make joining OPEC output cut more painful

* Iraq must compensate firms for output curbs -documents, sources * Baghdad has already told OPEC it will not cut production * Says it needs every last dollar to fight Islamic State By Ahmad Ghaddar and Ahmed Rasheed LONDON/BAGHDAD, Nov 18 (Reuters) - Iraq would have to co

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17 Nov 2016 17:38

UPDATE 1-Nigeria reaches a deal to pay $5.1 billion in unpaid bills to oil majors - minister

(Adds details) By Felix Onuah ABUJA, Nov 17 (Reuters) - Nigeria has reached a deal to pay $5.1 billion in unpaid bills to oil majors including Royal Dutch Shell and Exxon Mobil, the minister of state for oil said on Thursday. The Nigerian National Petroleum Corporation (NNPC), t

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17 Nov 2016 14:37

Dutch groups demand tighter curbs on Groningen gas production

AMSTERDAM, Nov 17 (Reuters) - A top Dutch court has received 25 appeals against the government's decision to cap production at the Groningen gas field at an annual figure of 24 billion cubic metres from protesters who think it does not go far enough. Several groups in the region had asked f

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17 Nov 2016 12:52

Shell's North Sea oil trading draws spotlight again this year

* Shell builds large position in BFOE forward cargoes * Crude price differentials, Brent market structure weak * Shell's Forties sales to Asia in Jan had supported Brent By Alex Lawler and Amanda Cooper LONDON, Nov 17 (Reuters) - Royal Dutch Shell has snapped up a large vo

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16 Nov 2016 17:04

Final investment decision on Tanzania LNG plant still 5 yrs away -Statoil

By Katharine Houreld DAR ES SALAAM, Nov 16 (Reuters) - The final investment decision on a Tanzania's $30 billion onshore liquefied natural gas (LNG) export terminal will not be made for at least five years and possibly much longer, said Oystein Michelsen, Statoil's Tanzania country manager.

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16 Nov 2016 16:30

BUZZ-Shell rejects Pernis oil refinery unions' demands on worker pay

LONDON, Nov 16 (Reuters) - * Shell rejected demands set by two trade unions at its 404,000 barrel per day (bpd) Pernis refinery in the Netherlands, which were asking for better pay, a spokeswoman said on Thursday. * "Netherlands Refinery B.V. and Shell Netherlands Chemie B.V. unfortunately cannot

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16 Nov 2016 11:32

BUZZ-Shell announces nearly 400 job cuts in Scotland

Nov 16 (Reuters) - ** Royal Dutch Shell announces closure of Glasgow finance operations office by the end of Q1 2018 ** A total of 380 remaining staff will likely face involuntary severance ** 500-600 staff were employed at the site before a voluntary redundancy round ** Dec

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16 Nov 2016 10:40

Shell to hand operatorship of Nyhamna plant to Gassco in 2017

STAVANGER, Norway, Nov 16 (Reuters) - Royal Dutch Shell Norway upstream vice president Rich Denny told Reuters on Wednesday: ** Shell plans to start testing new booster compressors at its Nyhamna gas processing plant in Norway next year ** "I can't give you the exact date but the pro

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15 Nov 2016 17:14

Britain's FTSE up as energy stocks recover, grocers soar

* FTSE 100 index up 0.6 pct at close * Energy and supermarket stocks rally * Miners come under selling pressure (Recasts, adds detail and quotes, updates with closing prices) By Kit Rees and Atul Prakash LONDON, Nov 15 (Reuters) - Britain's top share index advanced for a

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14 Nov 2016 10:01

CORRECTED-Kazakhstan's Kashagan produces 201,000 tonnes of oil in October

(Corrects to read 201,000 tonnes, headline, paragraph 1) MOSCOW, Nov 14 (Reuters) - Kazakhstan's Kashagan oil field produced about 201,000 tonnes of oil in October, its first full month of operation, data from the Energy Ministry's analytical centre showed on Monday. Energy majors dev

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