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LONDON, July 9 (Reuters) - North Sea oil and gas companies made the lowest profits in nearly five years during the first three months of this year, British data showed on Wednesday. The Office for National Statistics said the rate of profit at firms exploring for and extracting oil and gas
9 Jul 14 09:46By Julie Gordon VANCOUVER, July 8 (Reuters) - A closely held Canadian company has waded into British Columbia's crowded liquefied natural gas (LNG) export fray with a plan to build a $30 billion terminal on Vancouver Island. Steelhead LNG said on Tuesday it had applied to Canadian reg
8 Jul 14 18:20(Repeat for additional subscribers) July 8 (Reuters) - (The following statement was released by the rating agency) European refining margins are likely to remain weak for at least the next one to two years due to overcapacity, demand and supply imbalances, and competition from oversea
8 Jul 14 09:16The Malampaya natural gas production facility in the Philippines, operated by a consortium led by the local unit of Royal Dutch Shell Plc, will undergo a month-long maintenance shutdown, the Philippine Star newspaper quoted the energy secretary as saying. (http://bit.ly/1kxLG9H) ----<
8 Jul 14 00:46(Adds Motiva no comment in paragraph 4, background in paragraph 7) July 7 (Reuters) - Motiva Enterprises' 235,000-barrel-per-day refinery in Convent, Louisiana, plans to start overhauling part of the heavy oil hydrocracking unit on Monday, according to sources familiar with the situation.<
7 Jul 14 18:13DUBAI, July 7 (Reuters) - Royal Dutch Shell is ending investments in a gas development project in Saudi Arabia, complicating the top oil exporter's efforts to exploit its huge gas reserves. The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly ris
7 Jul 14 15:00(Adds details about changing overhaul schedule, future FCC work) July 7 (Reuters) - Motiva Enterprises' 235,000-barrel-per-day refinery in Convent, Louisiana, plans to start overhauling part of the heavy-oil hydrocracking unit on Monday, said sources familiar with the situation. The
7 Jul 14 14:23HOUSTON, July 7 (Reuters) - Motiva Enterprises 235,000-barrel-per-day (bpd) Convent, Louisiana, refinery plans to begin an overhaul of a portion of the heavy-oil hydrocracking unit on Monday, said sources familiar with the refinery's plans. The entire 45,000-bpd hydrocracker, called the H-
7 Jul 14 13:42(Adds detail, comments) MILAN, July 4 (Reuters) - Italian prosecutors have opened a probe into alleged corruption relating to the 2011 acquisition of a big oil field in Nigeria by Italian oil group Eni and Shell, judicial sources with direct knowledge of the matter said on Friday. Th
4 Jul 14 16:07MILAN, July 4 (Reuters) - Italian oil and gas group Eni said on Friday it had received notice that Milan prosecutors had opened a probe into its acquisition, together with Shell, of a big oil field in Nigeria. "Eni declares the absolute properness of its handling of the dealings in questio
4 Jul 14 11:57- FTSE 100 closes up 48.84 points at 6,865.21 - Non-farm payrolls provide reassurance - ECB maintains policy techMARK 2,852.06 +0.69% FTSE 100 6,865.21 +0.72% FTSE 250 16,028.96 +0.83% Stocks climbed to a positive finish after making fairly steady gains throughout what was a session packed full w
3 Jul 14 16:59Sports apparel retailer Sports Direct was also rising strongly after shareholders yesterday narrowly voted through a bonus scheme that will see founder Mike Ashley receive £200m in shares. Antofagasta was boosted by reports that the group is to cut jobs and costs as it combines its El Tesoro and Es
3 Jul 14 15:22By Nia Williams CALGARY, Alberta, July 2 (Reuters) - Canadian cash crude differentials narrowed on Wednesday, the first day of the new monthly trade cycle, and looked likely to remain supported while strong refinery utilization rates in the United States and Canada continue. Western
2 Jul 14 22:26LAGOS, July 2 (Reuters) - Nigeria's naira eased marginally against the U.S. currency on Wednesday after strong demand for the greenback countered the effect of dollar sales by some oil companies, dealers said. The naira was 162.90 against the dollar at the close of trade, compared with 162.
2 Jul 14 14:09* Greece plans to cut tax for oil/gas firms to 25 pct from 40 pct * Wants them to help exploit offshore hydrocarbon resources * Announces tender of first oil exploration licences LONDON, July 1 (Reuters) - Greece is planning to cut tax rates for oil and gas companies as it wants
1 Jul 14 15:14
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