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(Adds Motiva did not reply, details.) HOUSTON, Nov 21 (Reuters) - Motiva Enterprises LLC plans to start the overhaul of the 92,000 barrel per day (bpd) gasoline-producing fluidic catalytic cracking unit at its 600,250 bpd Port Arthur, Texas, refinery during the first week of January, said
Read moreHOUSTON, Nov 21 (Reuters) - Motiva Enterprises plans to start the overhaul of the 92,000 barrel per day (bpd) gasoline-producing fluidic catalytic cracking unit at its 600,250 bpd Port Arthur, Texas, refinery during the first week of January, said sources familiar with the refinery's plans. <
Read moreVANCOUVER, Nov 21 (Reuters) - Korea Gas Corp, one of the world's top liquefied natural gas buyers, is looking to sell down some of its stake in the up to C$40 billion ($35.6 billion) LNG Canada project, a spokeswoman for the project said. "We are aware that KOGAS is investigating divesting
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Mining stocks were dominating the risers list on the FTSE 100 on Friday after China's central bank surprised with an interest-rate cut in an effort to boost growth, raising hopes that the top metals consumer will be able to avert a hard landing. Anglo American, Fresnillo, BHP Billiton, Rio Tinto, An
Read moreUK stocks jumped on Friday as resources shares raced ahead after China's central bank surprised the market with its first interest-rate cut in two years in an effort to boost growth. After falling for the last two sessions, the FTSE 100 was up 0.8% at 6,733 by midday with the heavyweight mining and
Read moreThe UK stock market rebounded on Friday morning after two days of declines, as mining shares recovered after recent losses. Concerns about slumping iron-ore prices - currently trading at five-year lows - and slowing growth in China weighed heavily on the heavyweight resources sector in London on Thu
Read moreGlobal energy giant Royal Dutch Shell continues to look at exploration opportunities in the Philippines with hopes of possibly finding another Malampaya gas field, the Philippine Star newspaper reported, quoting Graeme Smith, Shell Vice President for Exploration in Asia and Australia. (http://bit
Read moreNov 20 (Reuters) - Royal Dutch Shell PLC has issued an alert on a leak at its facility at Corunna in Sarnia, Ontario, according to a notice from the Sarnia-Lambton community alerting system. Shell operates a 75,000-barrel-per-day refinery in Sarnia. "The site emergency warning system
Read moreLONDON, Nov 20 (Reuters) - Royal Dutch Shell said on Thursday it had completed the sale of its 30 percent stake in Nigeria's onshore Oil Mining Lease (OML) 24 in the Eastern Niger Delta to Newcross Exploration and Production for $600 million. French partner Total and Italy's Eni also sold t
Read moreOil major Royal Dutch Shell has raised $600m from the sale of its interest in an oil field in Nigeria, as part of its ongoing two-year disposal programme. The Shell Petroleum Development Company of Nigeria (SPDC) has divested a 30% interest in Oil Mining Lease 24 (OML24) and related facilities in th
Read moreOSLO, Nov 19 (Reuters) - Oil and gas giant Royal Dutch Shell could restart work on offshore compression at its Ormen Lange gas field in Norway in the first quarter of 2016, after stopping the project in April, it said on Wednesday. Studies of the gas reservoir's behaviour have also shown t
Read moreRoyal Dutch Shell's India division on Tuesday won a multi-million dollar tax dispute related to transfer pricing. India's tax office claimed Shell's India unit under-priced shares transferred to the parent by about $2.5bn. The authorities had demanded tax on the interest Shell would have earned, wh
Read moreMUMBAI, Nov 18 (Reuters) - The Bombay High Court on Tuesday ruled in favour of the Indian unit of Royal Dutch Shell Plc in a multi-million dollar tax dispute, the latest verdict against the tax department that has been vigorously pursing claims against foreign firms in India. Shell had chal
Read moreLONDON, Nov 18 (Reuters) - The recent drop in oil prices has slashed the values of oil and gas firms and sparked renewed appetite for mergers and acquisitions, posing a dilemma for oil companies who may be keen to pick up bargains but are also under pressure to cut costs. Halliburton Co's $
Read moreBy Mike Stone and Anna Driver NEW YORK, Nov 14 (Reuters) - Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said.
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