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MILAN, June 16 (Reuters) - Russia's Sakhalin II liquefied natural gas (LNG) export plant will soon award a sell tender for three cargoes loading in August, two trade sources said. The cargoes have been offered to long-term buyers and stakeholders in the project, not to the wider market, the
Read more(Adds details, Exxon quotes, context) MOSCOW, June 16 (Reuters) - Exxon Mobil's Chief Executive Rex Tillerson affirmed his commitment to doing business with Russia on Monday with a speech at a high-profile industry conference in Moscow. Western governments have urged global firms to a
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Rising crude prices helped lift stocks in the oil sector on Monday, as the ongoing violence in Iraq raised concerns about the knock-on effect on supply. Fighting between the Iraqi army and Sunni Islamist insurgents escalated this weekend after militants from the Islamic State of Iraq and the Levant
Read more- Stocks inch lower, trading at six-week low - Markets "pause for breath" after sell-off, says analyst - Iraq concerns keep pushing crude prices higher - Smith & Nephew falls on Medtronic-Covidien tie-up techMARK 2,792.67 -0.80% FTSE 100 6,759.65 -0.27% FTSE 250 15,680.35 -0.85% Bargain hunters we
Read more(Repeats story originally published overnight) By Edward McAllister NEW YORK, June 16 (Reuters) - As politicians debate the dangers of a massive increase in oil carried by rail in North America, railroads and energy producers are considering the same for natural gas. Buoyed by t
Read moreJune 16 (Reuters) - Royal Dutch Shell Plc reported it was restarting a unit at its Scotford facility near Edmonton, Alberta, according to a message recorded on a community information telephone line on Sunday. The activity could result in increased flaring over the next 24 hours and there w
Read more- Iraq tensions continue to push crude higher - Fed meeting in focus this week - Smith & Nephew falls as Medtronic buys Covidien techMARK 2,798.75 -0.58% FTSE 100 6,770.86 -0.10% FTSE 250 15,741.74 -0.46% UK stocks edged lower on Monday morning as ongoing tensions in Iraq continued to erode risk a
Read moreBy Edward McAllister NEW YORK, June 16 (Reuters) - As politicians debate the dangers of a massive increase in oil carried by rail in North America, railroads and energy producers are considering the same for natural gas. Buoyed by the unexpected success of crude by rail, companies are
Read morePilipinas Shell Petroleum Corp, the local unit of Royal Dutch Shell Plc, has committed to proceed with an upgrade of its Batangas refinery this year, BusinessWorld newspaper quoted Energy Secretary Carlos Jericho Petilla as saying. (http://link.reuters.com/dag22w) ---- NOTE: Reu
Read moreALMATY, June 13 (Reuters) - Members of the international consortium developing Kazakhstan's giant Kashagan oilfield and the central Asian state's government will discuss changes to the contract that governs the project, which has seen massive cost overruns and delays. The production sharing
Read more(Adds details on work under way, background about refinery, paragraphs 4-9) HOUSTON, June 13 (Reuters) - A 200,000 barrel per day (bpd) crude distillation unit at Motiva Enterprises' Port Arthur, Texas, refinery is expected to return to production within seven to 10 days after completion of
Read more- Housing stocks fall sharply - Carney signals impending rate hike - Osborne acts to cool housing market - Oil stocks track crude higher on Iraq tensions techMARK 2,806.77 -1.40% FTSE 100 6,771.65 -1.04% FTSE 250 15,802.08 -2.01% The increased possibility of a rate hike before the end of the year
Read moreThe Al-Qaeda splinter group ISIS has shot itself in the foot with its actions in the north of Iraq. While Baghdad´s hand in the region has always been weak that is not the case with the well-organised Kurdish fighters, who are more than a match for those from that radical islamist movement. This mea
Read more- Housing, property stocks provide a drag - Carney warns of impending interest rate hike - Osborne moves to cool housing market - Oil prices spike on Iraq concerns techMARK 2,830.21 -0.58% FTSE 100 6,817.00 -0.38% FTSE 250 15,984.76 -0.88% Weakness in the housing sector dragged UK stocks lower on
Read moreHOUSTON, June 12 (Reuters) - Gasoline prices jumped in the Los Angeles wholesale market on Thursday after a major refinery unit was shut in northern California, traders said. June CARBOB gasoline sold up 6 cents a gallon in the Los Angeles market at 6 cents a gallon over July RBOB gasoline
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