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16 Oct 2016 09:00

INSIGHT-Oil majors experiment with technology to weather crisis

* Drones, drill design, data software, robot cleaners * Among technologies oil majors using to make savings * More cost cuts to come as companies shield dividends * Graphic on industry investment: http://tmsnrt.rs/2cG4Dj9 By Karolin Schaps and Jessica Jaganathan LOND

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14 Oct 2016 17:10

UPDATE 2-Kazakhstan's Kashagan ships first oil for export

* Giant project has cost estimated $55 bln so far * Missed oil price peak due to technical problems * Analyst expects quick initial ramp up * Further expansion only likely to begin in 2020s (Adds analyst comment) By Raushan Nurshayeva ASTANA, Oct 14 (Reuters) - The

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14 Oct 2016 14:27

CORRECTED-Shell says no shut down at Rheinland refinery in Germany

(Corrects to Rheinland in headline and lead) LONDON, Oct 14 (Reuters) - Royal Dutch Shell has not shut down any hydrocracking units at its 140,000 barrel per day (bpd) Rheinland refinery in Wesseling, Germany, a company spokeswoman said on Friday. Genscape reported on Thursday and Fri

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14 Oct 2016 09:32

Kazakhstan's Kashagan ships first oil for export

ASTANA, Oct 14 (Reuters) - The first batches of oil from the giant Kashagan oil field in Kazakhstan were shipped for export on Friday via two pipelines, the Central Asian nation's Energy Ministry said. Energy majors developing the field have shipped 7,700 tonnes of oil through the private C

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14 Oct 2016 06:00

RPT-It's lonely at the top for Britain's FTSE 100 index

(Repeats Thursday report) * Dividend funds, index trackers dominate inflows * Foreign buyers put off by sterling slide * Handful of large-caps soaking up flows * GRAPHIC: FTSE 100 vs FTSE 250: http://bit.ly/2e3GHSu * GRAPHIC: The pound's slide: http://tmsnrt.rs/2egbf

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13 Oct 2016 20:35

UPDATE 1-Shell Oil bids $26 mln for Abengoa's advanced biofuel plant

(Adds company statement) By Chris Prentice NEW YORK, Oct 13 (Reuters) - Royal Dutch Shell Plc's U.S. arm has offered more than $26 million to buy Abengoa SA's cellulosic ethanol plant in Kansas, according to documents filed late Wednesday in bankruptcy court. Shell's initial b

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13 Oct 2016 19:15

Shell Oil puts in $26 mln offer for Abengoa's advanced biofuel plant

By Chris Prentice NEW YORK, Oct 13 (Reuters) - Royal Dutch Shell Plc's U.S. arm has offered more than $26 million for Abengoa SA's cellulosic ethanol plant in Kansas, according to documents filed late Wednesday in bankruptcy court. Shell's initial bid on Abengoa's bankrupt biofuels

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13 Oct 2016 16:57

Nigerian parliament move to review NLNG act could hit investment - CEO

By Chijioke Ohuocha ABUJA, Oct 13 (Reuters) - Nigerian lawmakers are looking to amend the 1989 law that set up the Nigeria LNG (NLNG) partnership, potentially putting billions of dollars of investment at risk, its chief executive said on Thursday. NLNG, often touted as a successful pu

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13 Oct 2016 15:35

It's lonely at the top for Britain's FTSE 100 index

* Dividend funds, index trackers dominate inflows * Foreign buyers put off by sterling slide * Handful of large-caps soaking up flows * GRAPHIC: FTSE 100 vs FTSE 250: http://bit.ly/2e3GHSu * GRAPHIC: The pound's slide: http://tmsnrt.rs/2egbfVh By Vikram Subhedar <

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13 Oct 2016 13:39

UPDATE 1-Bulgarian watchdog says has proof of fuel price-fixing

(Adds detail, quote) SOFIA, Oct 13 (Reuters) - Bulgaria's anti-monopoly commission has "convincing evidence" that six oil companies operating in the Balkan country's retail fuel market were involved in cartel agreements on fuel prices, the watchdog's chief said on Thursday. On Monday

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13 Oct 2016 09:36

Shell says still committed to Showa Shell stake sale

LONDON, Oct 13 (Reuters) - Royal Dutch Shell said it remained fully committed to selling the majority of its stake in Japanese venture Showa Shell to refiner Idemitsu after the two Japanese entities announced a delay of a planned merger. "As today's statement from Idemitsu makes clear, the

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12 Oct 2016 16:49

UPDATE 1-CPC blend oil exports seen at record high of 4.4 million T in Nov

(Adds detail in the second para) Oct 12 (Reuters) - * CPC Blend oil exports seen at a monthly record high of 4.4 million tonnes in November, up from 4.0 million tonnes in October plan, loading schedule showed on Wednesday. * Shareholders of giant Kashagan oil field, KazMunaiGaz

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12 Oct 2016 10:48

UPDATE 1-Dutch firm Avantium to IPO to fund plastics from plants -sources

* IPO volume more than 100 mln euros -source * Targeted market cap up to 300 mln euros -source * Proceeds to be spent on BASF joint venture (Adds equity market conditions, details on renewable plastics) By Ludwig Burger and Arno Schuetze FRANKFURT, Oct 12 (Reuters) - Dut

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12 Oct 2016 08:31

BASF partner Avantium in IPO to fund plastics from plants -sources

By Ludwig Burger and Arno Schuetze FRANKFURT, Oct 12 (Reuters) - Dutch chemical technology firm Avantium plans to announce an initial public offering (IPO) this week to fund commercial production of plant-based plastics for Coca Cola bottles and Danone yoghurt cups, two people familiar with

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12 Oct 2016 08:03

UPDATE 1-Kazakhstan says Kashagan oilfield start-up going to plan

(Adds details, background) ASTANA, Oct 12 (Reuters) - Work to bring onstream the giant Kashagan oilfield in Kazakhstan is going to plan and some crude has already been processed and put in storage, the country's energy minister said on Wednesday. Kashagan will increase the country's o

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