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(Adds details on Nigeria's output growth, petroleum bill, context) ABUJA, March 17 (Reuters) - Consistently low oil prices will hamper Nigeria's bid to boost output to 4 million barrels per day (bpd), Oil Minister Diezani Alison-Madueke was quoted as saying on Tuesday at an oil and gas conf
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Hopes about tax breaks in the North Sea energy industry were providing stocks in the oil producing and services industry with a much-needed boost on Tuesday, even as the price of crude continued to tumble. Danny Alexander, chief secretary to the Treasury, signalled that North Sea oil and gas produce
Read more(Adds details, quotes, context) MOSCOW, March 17 (Reuters) - Swiss-based trading house Gunvor, which had been trying to cut asset exposure to the Russian market, is among the winners of a large Rosneft tender, traders said on Tuesday. Geneva-based Gunvor, which at one point handled a
Read more* Albania to sell state oil firm this year-PM * Investors will be offered new exploration blocks * Albania says has 40 million tonnes of easily extractable oil By Benet Koleka TIRANA, March 17 (Reuters) - Albania wants to try again to privatise its state oil company this
Read more(Adds details on deal, background) March 17 (Reuters) - Canadian convenience store operator Alimentation Couche-Tard said on Tuesday that it would acquire the retail, commercial fuel and aviation businesses of Royal Dutch Shell in Denmark to expand its presence in Scandinavia. The com
Read moreBuilding materials group CRH was extending losses after Holcim on Monday rejected the terms of its proposed tie-up with Lafarge. CRH is set to snap up €6.5bn of assets from the two European cements companies when they merge. Tesco shares were in the red, reversing from Monday, alongside Morrison, as
Read moreMOSCOW, March 17 (Reuters) - Trading house Gunvor, which has been trying to cut exposure to the Russian market, is among the winners of a large Rosneft tender, traders said on Tuesday. They said Gunvor would lift up to 400,000 tonnes of Russian Urals crude per month from the Baltic Sea port
Read moreLONDON, March 17 (Reuters) - Royal Dutch Shell has agreed to sell its retail and commercial fuel marketing operations in Denmark to Canada's Alimentation Couche-Tard . The deal includes Shell's retail, commercial fleet, commercial fuels, aviation and connected trading and supply products bu
Read more(Amends title of Mangesh Hirve, paragraph 14) * UK finance minister set to announce oil tax changes * Companies putting better quality assets up for sale * Some 25 bln pounds of projects still need board go-ahead By Karolin Schaps and Claire Milhench LONDON, March 17
Read moreLONDON, March 16 (Reuters) - South Africa's mining minister said on Monday he expected to start issuing shale exploration licences later this year. "At the moment we are going through the consultation process (with stakeholders such as communities)," Ngoako Ramatlhodi told Reuters on the si
Read moreBy Erwin Seba HOUSTON, March 16 (Reuters) - A tentative national agreement to end a six-week strike at twelve U.S. refineries has struggled to win ratification at eight plants as workers and companies struggle to settle local issues, according to union officials. The deal reached on T
Read more* Plunging crude oil prices jeopardise shale globally * Shell says delays in Karoo licence play role * Government has yet to clarify fracking regulations (Adds analysis, background and more Shell comments) JOHANNESBURG, March 16 (Reuters) - Royal Dutch Shell is pulling back f
Read moreLower energy prices have forced oil giant Royal Dutch Shell to abandon its shale projects in South Africa. Oil prices have declined by almost 50% since June meaning shale explorations and other high cost projects have been jeopardised. "The reason to go to a low cost holding position [...] is as a
Read moreJOHANNESBURG, March 16 (Reuters) - Royal Dutch Shell is pulling back from its shale projects in South Africa due to lower energy prices, its country manager said on Monday. "The reason to go to a low cost holding position ... is as a result of a difficult period for world (prices)," Shell
Read more(Adds activity at other refineries, details, background) HOUSTON, March 13 (Reuters) - A strike by the United Steelworkers (USW) local union at the Marathon Petroleum Corp Galveston Bay Refinery in Texas City, Texas, will continue as long as the company refuses to accept the terms of a n
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