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17 Sep 2014 09:46

NORWAY GAS-Flows to Belgium, Britain rise

* Norway's pipeline gas exports total 224 mcm/day * Flows to Belgium rebound after maintenance OSLO, Sept 17 (Reuters) - Norway's pipeline gas exports rose on Wednesday from the previous day, mainly due to flows restarting to Belgium after a one-day maintenance, partly offset by a drop i

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17 Sep 2014 09:40

UK GAS-Prompt dips on resumed St Fergus flows

* Day-ahead prices retreat from Tuesday's 2-week high * UK system forecast to be undersupplied - National Grid * Ukraine-Russia gas talks next week may affect prices LONDON, Sept 17 (Reuters) - Prompt natural gas prices in Britain dipped on Wednesday following two days of strong

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16 Sep 2014 22:48

Shell joint-venture Deer Park, Texas refinery keeps working on gasoline unit -sources

HOUSTON, Sept 16 (Reuters) - Royal Dutch Shell Plc's 327,000 barrel per day (bpd) joint-venture Deer Park, Texas was continuing work on Tuesday on the plant's 70,000 bpd gasoline-producing fluidic catalytic cracking unit, said sources familiar with refinery operations. The Deer Park refine

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16 Sep 2014 20:44

Brazil's Libra oil field will cost $80 bln to develop -Total

RIO DE JANEIRO, Sept 16 (Reuters) - Brazil's biggest oil field Libra, located off the coast of Rio de Janeiro, will cost $80 billion to develop, an executive at consortium member Total said on Tuesday. Libra, in the Santos Basin, contains an estimated 8 billion to 12 billion barrels of oil

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16 Sep 2014 20:37

UPDATE 1-Shell, Motiva to pay back wages to U.S. workers -Labor Dept.

(Adds statement from Shell and Motiva.) HOUSTON, Sept 16 (Reuters) - Royal Dutch Shell Plc's U.S. subsidiary Shell Oil Co and the company's Motiva Enterprises joint-venture with Saudi Aramco have agreed to pay $4.5 million in back overtime wages to 2,677 current and former employees, the

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16 Sep 2014 19:18

Shell, Motiva agree to pay back wages to workers - Labor Dept.

HOUSTON, Sept 16 (Reuters) - Royal Dutch Shell Plc's U.S. subsidiary Shell Oil Co and the company's Motiva Enterprises joint-venture with Saudi Aramco have agreed to pay $4.5 million in back overtime wages to more than 2,000 current and former employees, the U.S. Department of Labor said on Tue

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16 Sep 2014 16:33

London close: Stocks end lower ahead of Fed meeting, retailers drag

Weak risk appetite ahead of the Federal Reserve meeting prompted the FTSE 100 to drop into the red on Tuesday. After a turbulent performance, the FTSE 100 ultimately closed down 11.97 points at 6,792.24. Jasper Lawler, a market analyst at CMC Markets UK, said: "Shares in Europe fell across the boar

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16 Sep 2014 15:56

Motiva Port Arthur FCCU running OK, HTU work planned -sources

HOUSTON, Sept 16 (Reuters) - The 92,000 barrel per day gasoline-producing fluidic catalytic cracking unit at Motiva Enterprises' 600,000 barrel per day Port Arthur, Texas refinery, was operating normally on Tuesday morning following a minor upset on Monday night, said sources familiar with operat

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16 Sep 2014 13:41

Shell says unplanned outage cuts St Fergus gas terminal flows

LONDON, Sept 16 (Reuters) - An unplanned outage has cut gas flows at Shell's St Fergus gas processing terminal, Shell said on Tuesday. "Some minor unplanned maintenance work has temporarily impacted gas flows to St Fergus. We expect levels to return to normal shortly," a spokeswoman for the

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16 Sep 2014 10:09

UK GAS-Prompt prices rise on tight system, St Fergus maintenance

* Gas system undersupplied by 7.5 mcm * Within-day prices up to 50.40 pence per therm LONDON, Sept 16 (Reuters) - Natural gas prices in Britain rose on Tuesday morning as maintenance at Shell's St Fergus terminal contributed to an undersupplied system. Prices for within-day deli

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16 Sep 2014 09:25

NORWAY GAS-St Fergus outage cuts exports to Britain

* Norway's pipeline gas exports total 176 mcm/day * Flows to Belgium shut due to one-day maintenance OSLO, Sept 16 (Reuters) - Norway's pipeline gas exports to Britain fell sharply on Tuesday as flows via the FLAGS pipeline dropped to zero, and deliveries to Belgium stopped due to a plan

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16 Sep 2014 08:40

London open: UK stocks slip ahead of inflation data, Asos drops

UK stocks opened in the red on Tuesday as investors continued to tread cautiously ahead of a Federal Open Market Committee (FOMC) decision and vote on Scottish independence. Investor appetite for risk was also limited ahead of some closely-watched economic data during the session, namely UK inflatio

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15 Sep 2014 18:05

UPDATE 1-Brazil to hold oil rights auction in 1st half of 2015

(Adds details of planned auction, industry complaints, auction background) By Jeb Blount and Marta Nogueira RIO DE JANEIRO, Sept 15 (Reuters) - Brazil will hold a 13th round of oil rights auctions in the first half of next year in a sale that will include new areas in the country's pr

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15 Sep 2014 15:00

Brazil to hold next oil rights auction in 1st half of 2015 -govt official

RIO DE JANEIRO, Sept 15 (Reuters) - Brazil will hold the 13th round of its oil rights auctions in the first half of next year, a senior mines and energy ministry official said on Monday. Marco Antonio Martins, the undersecretary in charge of the oil industry at the ministry, said at an indu

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15 Sep 2014 14:39

Second oil well at Brazil's Libra field set for drilling - Total

RIO DE JANEIRO, Sept 15 (Reuters) - A second exploration oil well at Brazil's Libra field will be drilled this month, the managing director for Total SA in Brazil told Reuters on Monday. Drilling on the first well began in August. "We need to drill more wells to confirm the actual nat

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