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14 Jul 2015 22:41

Greens urge U.S. to refuse Shell's final Arctic drilling permits

By Timothy Gardner WASHINGTON, July 14 (Reuters) - Environmental groups on Tuesday urged the U.S. government not to grant Royal Dutch Shell final permits for Arctic oil exploration after an icebreaker with safety equipment to cap wells was put out of action. Ten groups, including Oce

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14 Jul 2015 13:55

UPDATE 1-European refiners ready to welcome return of Iranian crude

* European refineries halted Iranian crude buying in 2012 * Iran wants to retrieve market share after sanctions (Adds Saras comment) By Ron Bousso LONDON, July 14 (Reuters) - Mediterranean refiners are gearing up to welcome the return of Iranian crude oil to the market which could p

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14 Jul 2015 13:29

Shell lifts force majeure on Nigeria's Forcados crude oil stream

LONDON, July 14 (Reuters) - Shell has lifted a force majeure on exports of Nigeria's Forcados crude oil stream that had been in place for more than two months, the company said on Tuesday. "The Shell Petroleum Development Company Joint Venture lifted the force majeure on exports from Forcad

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14 Jul 2015 12:05

European refiners ready to welcome return of Iranian crude

* European refineries halted Iranian crude buying in 2012 * Iran wants to retrieve market share after sanctions By Ron Bousso LONDON, July 14 (Reuters) - Mediterranean refiners are gearing up to welcome the return of Iranian crude oil to the market which could push prices lower and b

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14 Jul 2015 11:08

Shell says keen to explore ways to do business in Iran

LONDON, July 14 (Reuters) - Oil major Shell said it was interested in doing business in Iran and was engaging with relevant governments to understand the impact of a nuclear deal reached between six major world powers and Iran. "Strictly within the boundaries of the law, we are interested i

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14 Jul 2015 11:00

Low oil price domino effect to shut more North Sea fields early

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13 Jul 2015 21:30

UPDATE 1-Shell's damaged Arctic drilling support ship heads to Oregon

(Adds details, background on Portland port) By Timothy Gardner July 13 (Reuters) - Royal Dutch Shell PLC said on Monday an icebreaker crucial to planned Arctic oil drilling will be sent to Portland, Oregon to repair a gash in its hull, but the issue is not expected to delay the beginn

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13 Jul 2015 21:24

UPDATE 2-CP Rail challenge to Lac-Megantic settlement rejected by judge

(Adds comments from lawyers) By Allison Lampert MONTREAL, July 13 (Reuters) - A Quebec judge rejected Canadian Pacific Railway Ltd's challenge to a settlement for victims of the Lac-Megantic crude-by-rail disaster on Monday, helping clear the way for compensation payments. Parti

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13 Jul 2015 18:57

Damaged Shell ship needed for Arctic drilling heads to Oregon

July 13 (Reuters) - Royal Dutch Shell said on Monday that an icebreaker crucial to its planned Arctic oil drilling will be sent to Portland, Oregon, to repair a gash in its hull, but is not expected to delay plans to begin drilling off northern Alaska later in July. The 39-inch (1 meter) ga

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13 Jul 2015 16:55

Judge rejects CP Rail challenge to Lac-Megantic settlement

July 13 (Reuters) - A Quebec judge rejected Canadian Pacific Railway Ltd's challenge to a settlement for victims of the Lac-Megantic crude by rail disaster on Monday, clearing the way for compensation payments. Parties named in a class action lawsuit, including closely-held Irving Oil, Gene

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13 Jul 2015 08:03

NORWAY GAS-Flows to Britain, Germany rise

* Exports to Europe total 277 mcm/day * Flows to Britain rise by 5 mcm/day OSLO, July 13 (Reuters) - Norwegian pipeline gas exports to Europe rose slightly on Monday morning on higher deliveries to Britain and Germany, partly offset by a decrease in flows to Belgium. Total pipeline

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10 Jul 2015 14:09

UPDATE 1-Dutch government bans shale gas drilling for 5 years

(Adds details from statement) AMSTERDAM, July 10 (Reuters) - The Dutch government said on Friday it would ban shale gas drilling for five years and not renew existing exploration licences due to uncertainties about the environmental impact. The decision comes as the Netherlands steps

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10 Jul 2015 13:43

Dutch government bans shale gas drilling for 5 years

AMSTERDAM, July 10 (Reuters) - The Dutch government on Friday said it would ban shale gas drilling for five years and will not renew existing licences for exploration, a statement said. Prime Minister Mark Rutte told reporters: "There will be no drilling for shale gas during this government

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10 Jul 2015 12:47

Oil refiners' "mini golden era" will end soon - IEA

By Libby George LONDON, July 10 (Reuters) - A brief period of high profitability for the world's oil refineries is likely to come to an end as quickly as it began, the International Energy Agency (IEA) said on Friday. Weak crude oil and relatively high prices for gasoline, diesel and

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10 Jul 2015 09:50

UPDATE 1-Shell buys Morgan Stanley's Europe gas and power trade book

(Adds details, background, share) By Ron Bousso LONDON, July 10 (Reuters) - Royal Dutch Shell has acquired Morgan Stanley's European gas and power trading book as the U.S. bank continues its exit from the sector. Shell is set to significantly increase its footprint in the gas ma

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