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(Adds details and background) ABUJA, June 12 (Reuters) - Royal Dutch Shell Plc said on Thursday it had declared force majeure at its EA field in Nigeria to repair equipment damaged by bad weather, suspending production of about 40,000 barrels of oil a day. Repairs were needed to moor
Read moreABUJA, June 12 (Reuters) - Royal Dutch Shell said on Thursday it had declared force majeure at its EA field in Nigeria to repair equipment damaged by bad weather off shore, putting on hold production of about 40,000 barrels of oil a day. Repairs were needed to the soft yoke mooring platform
Read moreBRUSSELS, June 12 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Kuwaiti state oil group Kuwait Petroleum Corp to acquire Italian petroleum product companies Shell Italia SpA and Sh
Read more(Repeats Insight with no change to headline or text) By Julie Gordon VANCOUVER, June 12 (Reuters) - The Canadian province of British Columbia is on the brink of a liquefied natural gas boom, but a shortfall of thousands of workers is imperiling billions in investment dollars. Mo
Read moreBy Julie Gordon VANCOUVER, June 12 (Reuters) - The Canadian province of British Columbia is on the brink of a liquefied natural gas boom, but a shortfall of thousands of workers is imperiling billions in investment dollars. More than a dozen LNG export terminals are being considered f
Read more(Adds Motiva no comment, details ownership) HOUSTON, June 11 (Reuters) - Motiva Enterprises plans to overhaul a hydrocracking unit (HCU) in October at its 235,000 barrel per day Convent, Louisiana, refinery, according to sources familiar with operations at the refinery on Wednesday.
Read more(Adds quotes, background) By Alex Lawler and Peg Mackey VIENNA, June 11 (Reuters) - Iran's Oil Minister Bijan Zanganeh said he had met on Wednesday with Austrian oil and gas group OMV and other foreign oil companies as Tehran prepares to offer oilfields, projects and its final investm
Read moreCALGARY, Alberta, June 10 (Reuters) - Osum Oil Sands Corp, a private energy company chaired by former Suncor Energy Inc Chief Executive Rick George, agreed on Tuesday to buy Shell Canada's Orion oil sands project for C$325 million ($298.11 million). The Orion project in the Cold Lake regio
Read moreBy Ernest Scheyder June 10 (Reuters) - Chevron Corp plans to nearly double its donation to Nigerian social projects over the next five years, part of a choreographed plan to improve the local economy and bolster the company's supply chain in the African country, its second-largest source of
Read more(Adds quotes, details on oilfields) By Rania El Gamal VIENNA, June 9 (Reuters) - Iraq's oil minister on Monday condemned the export of pipeline crude from Iraqi Kurdistan and threatened the region and Turkey, its point of export, with severe measures. "What happened in my view w
Read more* Gas developers struggle with high costs, low margins * But long-term outlook for gas remains positive * Shell has 25 pct stake in $54 bln Gorgon LNG project * CHART-Asian spot LNG prices: http://link.reuters.com/vek89v * CHART-UK winter gas prices: http://link.reuters.co
Read moreSTOCKHOLM, June 9 (Reuters) - Lundin Petroleum said on Monday oil production from its Brynhild field would likely only get running late in the third quarter, hampering its overall output for 2014. Production from Brynhild, an oil field situated in the southern part of the North Sea about 1
Read more* Gas developers struggle with high costs, low margins * But long-term outlook for gas remains positive * CHART-Asian spot LNG prices: http://link.reuters.com/vek89v * CHART-UK winter gas prices: http://link.reuters.com/raj89v By Henning Gloystein LONDON, June 9 (Reu
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Lloyds Banking Group will price TSB at up to £1.44bn when it floats the new bank on the stock market - 10% below the new bank's book value, the Sunday Telegraph said. The valuation is designed to ensure a smooth reception for the initial public offering, making the bank priced "to go". Lloyds thinks
Read more(Recasts with the venture statement) ALMATY, June 6 (Reuters) - The troubled Kashagan oil development has named an executive from U.S. firm Exxon Mobil to run the venture while also streamlining its complicated structure in an attempt to fix the beleaguered $50 billion project offshore Kaz
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