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LONDON, July 14 (Reuters) - An unplanned offshore outage has resulted in reduced natural gas production at the St Fergus gas terminal on the northeast coast of Scotland, Total Exploration and Production UK said. "The problem has been resolved and production will return to normal later today
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Abcam: Numis cuts target price from 510p to 490p and stays with its add rating. ARM Holdings: Credit Suisse reduces target price from 1200p to 1125p and maintains an outperform rating. AstraZeneca: Jefferies reduces target price from 4850p to 4790p maintaining a hold recommendation. BP: Credit Su
Read moreOSLO, July 10 (Reuters) - Natural gas production at Royal Dutch Shell's Ormen Lange field offshore Norway was shut on Thursday afternoon due to power trip, the company told the Nordic power exchange. Power consumption, which dropped to 20 megawatt (MW) at 1645 GMT from 190 MW, is expected t
Read more* Shell still interested in further GTL projects * Sasol, Eni to study building plant in Mozambique * Smaller-scale GTL may provide a way forward (Adds investor quote, paragraphs 14-16) By Alex Lawler LONDON, July 10 (Reuters) - Shell will press on with new plants to con
Read more* New oilfield development drop to lowest since 1999 * Global reserve replacement ratio falls steeply * Enhanced oil recovery from mature field is partial solution By Ron Bousso LONDON, July 10 (Reuters) - Two years ago Total's chief Christophe de Margerie launched a "hig
Read more(Adds dropped word in paragraph 2) * Shell still interested in further GTL projects * Sasol, Eni to study building plant in Mozambique * Smaller-scale GTL may provide a way forward By Alex Lawler LONDON, July 10 (Reuters) - Shell will press on with new plants to conv
Read more(Refiles to fix link to performance table in 6th paragraph) * Top commodity funds up over 7 percent in Q2 * Average actively managed fund up over 2 percent * Base metals expected to perform well in H2 By Claire Milhench LONDON, July 10 (Reuters) - Commodity funds del
Read more* Court revokes Statnett's permit to build the line * New line needed to boost supply in central Norway * Nyhamna gas plant to drive up consumption in 2016 (Adds detail) By Nerijus Adomaitis OSLO, July 9 (Reuters) - A major Norwegian power line project will be delayed, w
Read moreLONDON, 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
Read moreBy 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
Read more(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
Read moreThe 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) ----<
Read more(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.<
Read moreDUBAI, 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
Read moreHOUSTON, 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-
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