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UPDATE 1-Slovakia to remain gas transit route even with Nord Stream 2 -PM Fico

(adds background on transit routes, paras 6-8) BRATISLAVA, Aug 26 (Reuters) - Slovakia will remain a gas transit route even if Russia's Gazprom and its European partners build the Nord Stream 2 pipeline bypassing Ukraine, Slovak Prime Minister Robert Fico said late on Thursday. Russia

Petro Matad's Shell affiliate farm-out exit fee contributed to H1 profit

(ShareCast News) - Mongolian oil explorer Petro Matad reported that the farm-out exit fee received from Royal Dutch Shell's affiliate contributed to the company's interim half year profit. For the six months ended 30 June, the company reported an interim profit of $100,000 in comparison to a $1.74m

Slovakia to remain gas transit route even with Nord Stream 2 -PM Fico

BRATISLAVA, Aug 26 (Reuters) - Slovakia will remain a gas transit route even if Russia's Gazprom and its European partners build the Nord Stream 2 pipeline bypassing Ukraine, Slovak Prime Minister Robert Fico said late on Thursday. Russia currently ships natural gas via Ukraine and Slovakia

UPDATE 1-Britain's Big Six energy suppliers stem customer exodus as prices rebound

(Edits throughout) * Small suppliers' discounts shrink as wholesale costs rise * Switching to small suppliers at lowest since March 2015 * Npower gains 200,000 customers in July * SSE slows customer losses to 50,000 in Q2 By Karolin Schaps LONDON, Aug 25 (Reute

Nord Stream 2 partners rework funding after joint venture collapses

* Western partners dropped applications, Gazprom alone * New corporate structures, loans among plan B options * Proponents cite long-term demand, risks of Ukraine route By Vera Eckert and Oleg Vukmanovic FRANKFURT/MILAN, Aug 25 (Reuters) - Western partners in Russia's Gazp

UPDATE 1-Oil refiners face reprieve as maintenance tames fuel glut

* Diesel, gasoline stocks to drop due to autumn refinery work * Stock declines to support refining margins * But profits to remain under pressure (Updates with EIA data, U.S. stocks para 14) By Ron Bousso and Libby George LONDON, Aug 24 (Reuters) - Oil refiners reeling f

Oil refiners face reprieve as maintenance tames fuel glut

* Diesel, gasoline stocks to drop due to autumn refinery work * Stock declines to support refining margins * But profits to remain under pressure By Ron Bousso and Libby George LONDON, Aug 24 (Reuters) - Oil refiners reeling from tumbling profits can expect some reprieve i

UPDATE 1-Iraq asks foreign companies to raise oil output, exports

(Adds OPEC background, gas exports figures) By Maher Chmaytelli BAGHDAD, Aug 23 (Reuters) - Iraq on Tuesday asked foreign oil companies to increase oil output and exports, as Baghdad joined those spotlighting production potential ahead of a major energy gathering late next month. <

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Iraq asks foreign oil companies to increase crude production, exports

BAGHDAD, Aug 23 (Reuters) - Iraqi Oil Minister Jabar Ali al-Luaibi on Tuesday asked foreign oil companies to increase oil and natural gas production and exports in order to maximise the OPEC nation's revenue, ministry spokesman Asim Jihad told Reuters. Luaibi, who took over the ministry ear

Repsol's faulty Yme platform removed from Norway oil field

OSLO, Aug 23 (Reuters) - The topside of Repsol's faulty Yme oil platform was removed from the field offshore Norway on Monday, Swiss-based heavy-lift vessel owner Allseas said, a key hurdle for the Spanish oil firm's planned sale of the production license. Using the giant Pioneering Spirit

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Tanzania's President Magufuli orders officials to speed up LNG project

By Fumbuka Ng'wanakilala DAR ES SALAAM, Aug 22 (Reuters) - Tanzanian president John Magufuli ordered officials on Monday to speed up long-delayed work on a planned liquefied natural gas (LNG) plant, saying implementation of the project had taken too long. BG Group, recently acquired b

Iraq's new oil minister sticks by demand to review foreign contracts

BAGHDAD, Aug 22 (Reuters) - Iraq wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low, the OPEC nation's new oil minister said, standing by a demand made by his predecessor. Oil Minister Jabar Ali Al-Luaibi conveyed his position at a

RPT-UPDATE 1-Anger in the Delta keeps oil majors quiet - and Nigeria's crude offline

(Repeats AUG 21 story, no change to text) * Splinter militant groups a hurdle to ceasefire talks * Non-violent local protests have also exacted a toll * 'People giving up in short term' - oil industry source By Libby George and Ulf Laessing LONDON/LAGOS, Aug 21 (Reut