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Kazakhstan's Kashagan produces 129,000 tonnes of oil in October

MOSCOW, Nov 14 (Reuters) - Kazakhstan's Kashagan oil field produced about 129,000 tonnes of oil in October, its first full month of operation, data from the Energy Ministry's analytical centre showed on Monday. Energy majors developing the giant Caspian field started test pumping in Septemb

REFILE-Nigeria proposes broad oil sector overhaul, sale of stakes in NNPC

(Changes name in paragraph 10 to Natural Resource Governance Institute) By Libby George LONDON, Nov 11 (Reuters) - Nigeria outlined a plan to overhaul state oil company NNPC and eventually list it on the stock exchange in a bid to modernise and streamline an industry known for graft a

UPDATE 1-Nigeria's oil minister urges militants to cease Niger Delta attacks

(Adds details) By Camillus Eboh ABUJA, Nov 11 (Reuters) - Nigeria's oil minister urged militants on Friday to stop their attacks on oil facilities in Nigeria's southern Niger Delta hub and pursue talks with the government. The call comes after attacks in the last two weeks on th

Shell to continue investing heavily in Brazil

(ShareCast News) - Royal Dutch Shell planned to continue investing heavily in Brazil over the next five years, with the aim of doubling its deep-water production by the early 2020s. In remarks to The Wall Street Journal, the firm´s executive vice president for deep-water, Wael Sawan, said Shell woul

Shell to invest $10 bln as Brazil expands private role in oil industry

BRASILIA, Nov 10 (Reuters) - Royal Dutch Shell Plc will invest $10 billion in Brazil over five years now that the country has increased opportunities for foreign companies in its oil industry, its chief executive officer said on Thursday. Already the largest foreign investor in Brazil, She

UPDATE 3-Shell says protests shut flow station on Nigerian Escravos oil line

(Adds militant attack claims new attack) By Tife Owolabi and Libby George LAGOS/LONDON, Nigeria, Nov 9 (Reuters) - Royal Dutch Shell has shut down an Escravos crude oil flow station in Nigeria's Niger Delta after villagers demanding aid staged a protest, the firm and residents said o

Nigerian militant group says it attacked Forcados crude pipeline

LAGOS, Nov 9 (Reuters) - Nigerian militant group Niger Delta Avengers (NDA) said on Wednesday it was behind an attack on Shell's Forcados crude pipeline a day earlier. "Yes, NDA blew up the Forcados export pipeline," a spokesman for the group said by email when asked whether a statement an

Shell says protest shuts down Escravos flow station in Nigeria's Niger Delta

BUZZ-Nigerian community leader notifies Shell of oil spill following Niger Delta attack

LAGOS, Nov 9 (Reuters) - A community leader in Nigeria's Niger Delta says there has been an oil spill after a militant attack on Shell's Forcados pipeline in the restive region. * Local leader New-World Endoro says his community told Shell on Wednesday there was an oil spill coming from the

OPEC's job has just become tougher with Trump win

* Outlook for global economy, oil demand darkens * U.S. oil industry seen benefiting from Trump victory * Revival of Iran oil investments uncertain due to Trump By Maha El Dahan , Rania El Gamal and Dmitry Zhdannikov DUBAI/LONDON, Nov 9 (Reuters) - OPEC's job of trying to

Shell says checking claim by Nigerian protesters of Escravos facility shutdown

LAGOS, Nov 9 (Reuters) - Royal Dutch Shell said on Wednesday it was checking a claim by a group of Nigerian protesters that they had shut down an Escravos oil facility in the Niger Delta operated by its joint-venture partner SPDC. Shyne Edema, a youth leader in the restive region, said earl

BUZZ-Shell cfo expects BG deal synergies to reach $4.5bln in 2018

LONDON, Nov 8 (Reuters) - ** Shell Integrated Gas Director Wetselaar says 10 pct of LNG supply by 2020 remains unsold, will sell in spot market ** Shell CFO Simon Henry says expects BG deal synergies to reach $4.5bln in 2018 ** The two were speaking during Shell's Capital Market

Nigeria reaches "outline" settlement with oil firms on owed payments -FT

LAGOS, Nov 8 (Reuters) - Nigeria has reached an "outline settlement" worth $5 billion with five oil majors to cover outstanding payments for joint exploration and production, the Financial Times said on Tuesday. The OPEC member's state oil firm NNPC has over years piled up unpaid bills, so-

UPDATE 1-Blast rocks pipeline feeding Forcados terminal in Nigeria's Delta

(Adds quote, details) By Tife Owolabi and Alexis Akwagyiram LAGOS, Nov 8 (Reuters) - A blast rocked a pipeline operated by Nigeria's state-run oil firm NNPC that feeds the Forcados terminal in the southern Niger Delta energy hub, a community leader and security source said on Tuesday.

Blast rocks pipeline feeding Forcados terminal in Nigeria's Delta

LAGOS, Nov 8 (Reuters) - A blast rocked a pipeline operated by Nigeria's state-run oil company that feeds the Forcados terminal in the restive southern Niger Delta energy hub, a community leader and security source said on Tuesday. They said the attack happened while repairs were taking pla