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2 Feb 2015 15:24

UPDATE 2-Brazil to raise ethanol blend in gasoline to 27 pct on Feb 15

By Nestor Rabello and Reese Ewing BRASILIA, Feb 2 (Reuters) - Brazil's struggling sugar and ethanol mills got more good news on Monday after the government granted an expected increase in the national blend of the biofuel in gasoline to 27 percent on Feb. 15 from the current 25 percent, ind

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2 Feb 2015 14:45

BUZZ-US stocks: What's hot, what's not

** Equities' worst monthly slide in a year saw money flow back into REITs, utilities & healthcare stocks as corp earnings show clearly the hit to exporters' profits from stronger dollar ** Slow global growth, falling rates and currencies, and plunging commodity prices muddy investment lands

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2 Feb 2015 12:35

BUZZ-Oil stocks rally as Brent squeezes higher

** Oil stocks among top gainers in Europe by midday as Brent squeezes higher after opening down 2.5 pct ** Brent rises 3.2 pct, extending gains of 7.9 pct on Friday after a bigger than expected fall in the US rig count triggered mass short-covering ** More stops triggered on Monday fu

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2 Feb 2015 12:23

Nigeria's Nembe Creek oil pipeline for Bonny Light reopened

LONDON, Feb 2 (Reuters) - The Nembe Creek oil pipeline that carries Nigeria's Bonny Light crude for export restarted over the weekend, a spokeswoman for Shell said on Monday. The pipeline closed on January 17 due to a leak. Nigerian joint venture SPDC also removed five oil theft connections

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2 Feb 2015 12:00

U.S. oil firms, workers must look far back for strike precedents

(Repeats with no change to text) By Jessica Resnick-Ault NEW YORK, Feb 2 (Reuters) - The last time U.S. oil workers went on strike in support of a nationwide pact, Jimmy Carter was president and KC and the Sunshine Band flew high in the Billboard chart with "Please Don't Go." As

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2 Feb 2015 11:51

NORWAY GAS-Flows to Germany rise, Britain steady

* Norwegian gas exports total 301 mcm/day * Flows to Britain subdued by outage OSLO, Feb 2 (Reuters) - Norway's natural gas exports to Europe rose on Monday on higher deliveries to Germany, while flows to Britain held steady from Friday, data from gas system operator Gassco showed. F

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2 Feb 2015 07:22

Australia regulator says reviewing Origin proposal to buy BP gas terminal

SYDNEY, Feb 2 (Reuters) - Australia's antitrust regulator said on Monday it was reviewing a proposal by top energy retailer Origin Energy to buy out BP Plc's stake in the Bulwer Island gas terminal they jointly own in Brisbane. In a statement on its website, the Australian Competition and C

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2 Feb 2015 06:00

U.S. oil firms, workers must look far back for strike precedents

By Jessica Resnick-Ault NEW YORK, Feb 2 (Reuters) - The last time U.S. oil workers went on strike in support of a nationwide pact, Jimmy Carter was president and KC and the Sunshine Band flew high in the Billboard chart with "Please Don't Go." As oil companies prepare to cope with str

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2 Feb 2015 06:00

Workers strike for second day at 9 U.S. oil, chemical plants

By Erwin Seba HOUSTON, Feb 2 (Reuters) - Union workers were on strike for a second day on Monday at nine U.S. refineries and chemical plants in an attempt to force oil companies to sign a new national contract covering laborers at 63 plants. The walkouts were the first held in support

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2 Feb 2015 05:00

Nascent U.S. oil export boom stalled by topsy-turvy market

By Jessica Resnick-Ault NEW YORK, Feb 2 (Reuters) - Just as the Obama administration is starting to pull down barriers to exporting an abundance of U.S. shale oil, the topsy-turvy global oil markets have thrown up new ones. The stunning 60 percent collapse in oil prices since last sum

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2 Feb 2015 02:00

UPDATE 6-Workers strike for new pact at 9 U.S. oil, chemical plants

(Adds details on Tesoro operations, oil prices slip in Asia) By Erwin Seba HOUSTON, Feb 1 (Reuters) - Union workers took to picket lines on Sunday after strikes were called at nine U.S. refineries and chemical plants in a bid to pressure oil companies to agree to a new national contra

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1 Feb 2015 06:10

Union strikes at a few US oil refineries as talks continue -source

HOUSTON, Feb 1 (Reuters) - Union leaders called for walkouts at a few U.S. oil refineries on Sunday as talks continued with oil companies for a new national contract covering workers at 63 refineries, a source familiar with the negotiations said. The United Steelworkers union (USW) and lead

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1 Feb 2015 05:01

Deadline passes in U.S. refinery workers contract talks

HOUSTON, Jan 31 (Reuters) - Contracts for unionized U.S. refinery workers began expiring at 12:01 a.m. Eastern Time on Sunday (0401 GMT) without word from labor or refinery owners about the outcome of talks for a new national pact. The national agreement between the United Steelworkers unio

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1 Feb 2015 01:05

UPDATE 4-Union rejects latest U.S. refinery workers contract offer

(Adds Shell statement, analyst comment) HOUSTON, Jan 31 (Reuters) - Union negotiators rejected the latest offer from oil companies covering workers at 63 U.S. refineries on Saturday night, just hours before a strike deadline, according to a message sent to union members. The United St

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1 Feb 2015 00:31

CORRECTED-UPDATE 2-Union refinery workers prepare for Sunday strike as talks continue

(Corrects reference to starting pay) By Erwin Seba HOUSTON, Jan 31 (Reuters) - Union refinery workers were preparing to walk off their jobs as early as Sunday while talks were continuing on Saturday afternoon between labor and oil company negotiators in the waning hours of the current

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