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South African fuel industry sees no fuel shortages despite strike

CAPE TOWN, Aug 8 (Reuters) - South Africa's petroleum industry does not anticipate any fuel shortages for the rest of the week in Africa's most industrialised country as a wage strike by around 15,000 workers entered its second week on Monday, a senior official said. (Reporting by Wendell Roelf

South Africa fuel strike enters second week, some shortages reported

CAPE TOWN, Aug 5 (Reuters) - A wage strike by around 15,000 workers in the petrochemical industry that has led to some shortages will enter its second week on Monday after employers and union leaders failed to break an impasse threatening fuel supplies, officials said on Friday. Workers bel

Russia's Sakhalin II LNG export plant launches 4-cargo tender -sources

MILAN, Aug 5 (Reuters) - Russia's Sakhalin II liquefied natural gas (LNG) export plant has launched a tender to sell four cargoes in total in September and October, trade sources said. Three of the cargoes will be loading in September and one in October, one of the sources said. Sakha

Petro Matad reaches $10m settlement with Shell's Mongolian affiliate

(ShareCast News) - Petroleum explorer Petro Matad's reached a $10m settlement with Shell's affiliate BG Mongolian Holdings (BGMH). The Mongolian miner reported that Shell's BGMH will pay a farm-out arrangement exit fee of over $10m as well as a further $5m. In June, Petro Matad's affiliate Central

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No production, maintenance impact from North Sea strikes - Shell

LONDON, Aug 4 (Reuters) - Hundreds of maintenance workers employed by Wood Group on Shell's North Sea platforms started a 48-hour strike on Thursday over a pay dispute but field production or maintenance schedules were not affected, Shell said. Two of the affected Shell oil and gas platform

Union calls Thursday strike action in Shell North Sea dispute

Aug 3 (Reuters) - Britain's RMT union said on Wednesday that industrial action over proposed cuts and changes to working conditions for maintenance workers on Shell's North Sea oil and gas platforms would go ahead on Thursday. "Following a continuing failure by the Wood Group to come up wit

UPDATE 1-Iran's cabinet approves new amended oil and gas contracts

(Adds details, background) DUBAI, Aug 3 (Reuters) - Iran's cabinet approved on Wednesday an amended draft for the country's new oil and gas contracts, Iranian official media reported. "The draft of the general conditions, structure and patterns of the upstream petroleum and gas contra

Sector movers: Tug of war between Big Oil, miners

(ShareCast News) - Shares in the oil majors proved a drag for the Footsie on Monday after Saudi Arabia over the weekend announced a steep cut in the price of its cargoes for export to Asia. On Sunday, Saudi Aramco, the Middle Eastern Kingdom´s state-owned oil company cut its price for shipments of A

Shell pipeline attacked in Nigeria

(ShareCast News) - A pipeline owned by an affiliate of Royal Dutch Shell was reportedly attacked by suspected militants in Nigeria's Delta. Reuters reported there was a blast at the Trans Ramos Pipeline, a Shell joint venture with the Shell Petroleum Development company (SPDC), near Odimodi in th

Royal Dutch Shell needs growth delivery, higher oil, Citi says

(ShareCast News) - Analysts at Citi sounded a cautious note on the outlook for Royal Dutch Shell´s performance in the short-term. Investors attracted by the oil major´s high dividend yield needed to reflect on the fact that there was a considerable gap in its "financial framework" which made "growth

Suspected militants attack Shell affiliated pipeline in Nigeria's Delta

YENAGOA, Nigeria, Aug 1 (Reuters) - Suspected militants have attacked an oil pipeline operated by a local affiliate of Shell in Nigeria's restive southern Niger Delta region, locals and a community group said on Monday. Militants have attacked oil and gas facilities in the OPEC member's en

UPDATE 2-Iraq's oil exports from south rose to 3.2 million bpd in July

(Adds revenue generated by oil sales) By Aref Mohammed and Ahmed Rasheed BASRA, Iraq, Aug 1 (Reuters) - Iraq's oil exports from its southern ports rose to 3.2 million barrels per day (bpd) on average in July, up from 3.175 million bpd in June, as the OPEC nation increased crude produc

UPDATE 1-Motiva restarts Norco refinery gasoline unit -sources

(Adds background) HOUSTON, July 31 (Reuters) - Motiva Enterprises restarted the gasoline-producing unit at the company's 237,700-barrel-per-day (bpd) Norco, Louisiana, refinery on Sunday, sources familiar with plant operations said. Motiva was working to bring the output from the 112

Motiva restart Norco refinery gasoline unit -sources

HOUSTON, July 31 (Reuters) - Motiva Enterprises restarted the gasoline-producing unit at the company's 237,700-barrel-per-day (bpd) Norco, Louisiana, refinery on Sunday, sources familiar with plant operations said. Motiva was working to bring the output from the 112,000-bpd residual cataly