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31 Jan 2015 23:59

Union rejects latest U.S. refinery workers contract offer

HOUSTON, Jan 31 (Reuters) - Union negotiators rejected the latest U.S. refinery workers contract offer from oil companies on Saturday night, just hours before a strike deadline, according to a message sent to union members. The United Steelworkers union (USW) said in a text message sent to

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31 Jan 2015 02:24

Union says rejects U.S. refinery workers contract offer on Friday

HOUSTON, Jan 30 (Reuters) - Union negotiators said the latest proposal from oil companies for a new three-year contract for U.S. refinery workers was rejected on Friday because it failed meet to members' objectives, according to a text message issued Friday night. The announcement of the re

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30 Jan 2015 21:17

Exxon adds discrimination protections in U.S. for LGBT workers

By Anna Driver HOUSTON, Jan 30 (Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, has changed its U.S. employment policies to prohibit discrimination based on sexual orientation and gender identity as now required by federal law. Exxon spokesman Alan Jeffer

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30 Jan 2015 19:33

UPDATE 3-Chevron scraps 2015 share repurchases as oil prices plunge

(Adds commentary on possibilty of future repurchases; update stock; changes headline) By Ernest Scheyder WILLISTON, N.D., Jan 30 (Reuters) - Chevron Corp halted its 2015 share repurchase program on Friday, a move designed to conserve cash amid tumbling oil prices and its latest cost-

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30 Jan 2015 16:39

Shell corrects fourth quarter results, earnings unaffected

(Adds details and consequences of error, share price) Jan 30 (Reuters) - Royal Dutch Shell said on Friday it had overstated its fourth quarter results by $178 million due to an error in the valuation of its fuel inventory. The company said its underlying earnings, which are most close

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30 Jan 2015 14:25

UPDATE 1-Chevron's profit beats as chemical sales offset cheap oil

(Adds earnings comparison, stock, capital spending) By Ernest Scheyder WILLISTON, N.D., Jan 30 (Reuters) - Chevron Corp, the second-largest U.S. oil producer, reported a higher-than-expected quarterly profit on Friday as sales of chemicals, lubricants and other refined products helped

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30 Jan 2015 14:06

Buyers bide their time in $110 bln oil asset sell-off

* Half of the assets on sale are in North America * North Sea could prove a hard sell * Potential buyers holding out for further price falls * Wave of deals expected within three to six months By Ron Bousso LONDON, Jan 30 (Reuters) - With more than $110 billion of oi

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30 Jan 2015 11:36

NORWAY GAS-Flows to Britain surge as Nyhamna outage ends

* Norwegian gas exports total 328 mcm/day * Flows to Britain surge by 21 mcm/day * Kollsnes gas plant ramps up after outage OSLO, Jan 30(Reuters) - Norway's natural gas exports to Britain surged on Friday from the previous day after an outage at Nyhamna gas processing plant ended, da

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30 Jan 2015 04:45

Shell says 'optimistic' on U.S. refinery contract talks

HOUSTON, Jan 29 (Reuters) - Lead industry negotiator Royal Dutch Shell Plc said on Thursday it was "optimistic" a new three-year agreement could be reached with a union representing hourly workers at 63 U.S. refineries that account for two-thirds of U.S. refining capacity. In a message to m

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29 Jan 2015 22:43

Small-scale LNG projects in British Columbia nudge ahead

By Julie Gordon VANCOUVER, Jan 29 (Reuters) - Small-scale liquefied natural gas projects are emerging as bright spots in British Columbia's bid to become a major exporter of natural gas, with two floating projects on the Canadian province's Pacific Coast moving ahead even as larger projects

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29 Jan 2015 18:48

Shell bows to investor pressure on climate risk

WASHINGTON, Jan 29 (Reuters) - In a rare move, oil major Shell on Thursday backed a resolution proposed by activist investors to force the company to recognize climate change risks by improving its transparency. Shell's executive vice president of investor relations JJ Traynor said the comp

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29 Jan 2015 18:23

WRAPUP-Conoco, Occidental and Shell cut 2015 budgets on crude slide

(Adds Occidental Petroleum conference call details) By Anna Driver and Ernest Scheyder HOUSTON/WILLISTON, N.D., Jan 29 (Reuters) - ConocoPhillips and Occidental Petroleum Corp on Thursday slashed exploration spending plans for this year, as the third- and fourth-largest U.S. oil comp

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29 Jan 2015 16:01

Sector movers: Shell dampens energy stocks, gold miners track bullion lower

Worse-than-expected results from one of the biggest oil companies in the world hit stocks in the energy sector on Thursday. Royal Dutch Shell delivered a 12% year-on-year increase in adjusted profits in the fourth quarter to $3.3bn, well below the consensus forecast of $4.2bn. The company also anno

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29 Jan 2015 13:18

UPDATE 4-Total awarded stake in new Abu Dhabi oil concession, steps up pressure on peers

* ADNOC wants other oil firms to improve terms * Shell gets ADNOC proposal -spokesman * Shell, BP may get 10 pct stake each if terms agreed-source * Onshore concession dates to '70s, yields over half UAE oil (Adds ADNOC source, Total spokeswoman) By Michel Rose and Rania

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29 Jan 2015 13:01

UPDATE 1-Shell wants to resume drilling in Arctic this summer

(Adds details, background, CFO quote) By Karolin Schaps and Ron Bousso LONDON, Jan 29 (Reuters) - Oil major Shell wants to revive its Arctic oil drilling programme this year after a near two-year suspension, angering environmentalists who say the risk of an oil spill is too high. <

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