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* Russia's Rosneft to sell Trafigura up to 1.6 mln T in April * Trafigura's April volumes of Russian oil second only to China * Rosneft's own trading ambitions blocked by sanctions * Trafigura to receive 38 pct of Rosneft's exports By Gleb Gorodyankin and Dmitry Zhdannikov
Read more* Chevron selling 135 mln shares at 9.7 pct discount to Fri close * Caltex up 10.7 percent this year, outpacing benchmark Aussie index * Asia's No. 2 block deal this year (Adds background, deal milestone) By Denny Thomas and Byron Kaye HONG KONG/SYDNEY, March 27 (Reuters
Read more* Owners to resist charterers attempts to push rates down -brokers * VLCC rates could soften if cargo volumes fall -broker * Clean tanker rates from Singapore fall as tonnage builds -broker By Keith Wallis SINGAPORE, March 27 (Reuters) - Rates for very large crude carriers
Read moreHOUSTON, March 26 (Reuters) - Motiva Enterprises said on Thursday it plans to integrate operations at its two Louisiana refineries near New Orleans, Convent and Norco, to take advantage of increased U.S. crude oil production. (Reporting By Houston Newsroom)
Read moreBy Nia Williams CALGARY, Alberta, March 26 (Reuters) - More than 10 percent of Canada's synthetic crude supply is set to go offline during the second quarter of 2015 as oil sands producers in northern Alberta carry out planned maintenance at four major facilities that upgrade tar-like bitum
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The UK stock market suffered a sharp sell-off on Thursday, dropping to its lowest level in over a week, as geopolitical and macroeconomic fears hammered investor sentiment. The FTSE 100 finished down 1.37% at 6,895.33, as it continues to retreat from a record closing high of 7,037.67 reached on Mond
Read moreLONDON, March 26 (Reuters) - Royal Dutch Shell reopened the Nembe Creek oil pipeline on Thursday after planned maintenance, a Shell spokeswoman said in an email. Shell said on March 19 it had closed the pipeline, which carries Nigeria's Bonny Light crude, for "short term" engineering work.
Read more(Adds context, tax cuts, union reaction) LONDON, March 26 (Reuters) - Royal Dutch Shell is planning further job cuts in its UK North Sea oil and gas business in 2015, the company said on Thursday, just a week after a package of tax cuts from the Treasury aimed at encouraging growth in the i
Read moreLONDON, March 26 (Reuters) - Royal Dutch Shell plans further job cuts in its UK North Sea oil and gas business in 2015, the company said on Thursday, adding to its cost cuts in response to falling oil prices. "Shell UK plans to reduce the number of staff and agency contractors who support
Read moreChancellor George Osborne's recent tax reform of the UK oil industry has failed to stop Royal Dutch Shell from doubling its planned job cuts at its North Sea operations. As part of a worldwide plan to manage costs, Shell UK will reduce the number of staff and agency contractors who support its UK No
Read more(Adds details of last major turnaround, synthetic crude price) By Nia Williams CALGARY, Alberta, March 25 (Reuters) - Royal Dutch Shell Plc will carry out a planned turnaround at its 255,000 barrel per day Scotford oil sands upgrader in northern Alberta during spring this year, a com
Read moreBy Sarah McFarlane LONDON, March 25 (Reuters) - Shell expects only a fraction of liquefied natural gas (LNG) export projects already approved by the Canadian government to go ahead in the next decade, an executive said on Wednesday. Canada has the potential to become one of the world'
Read moreBy David Alire Garcia and Valerie Volcovici MEXICO CITY/ WASHINGTON, March 25 (Reuters) - Mexican state oil firm Pemex expects imminent approval from the U.S. Commerce Department to allow it to swap up to 100,000 barrels of heavy crude for a similar amount of lighter U.S. oil, what could be
Read moreCALGARY, Alberta, March 25 (Reuters) - Royal Dutch Shell Plc will carry out a planned turnaround at its 255,000 barrel per day Scotford upgrader in northern Alberta during spring of this year, a company spokesman said on Wednesday. Shell spokesman Cameron Yost said the turnaround was an ac
Read moreMarch 25 (Reuters) - Royal Dutch Shell Plc has completed the sale of its stake in Oil Mining Lease (OML) 29 and the Nembe Creek Trunk Line (NCTL) in the Eastern Niger Delta to Aiteo Eastern E&P Co Ltd for about $1.7 billion. The Anglo-Dutch major has realised about $3.04 billion so far from
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