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22 May 2014 11:08

UPDATE 1-Seplat confident will win Chevron Nigeria asset

* Chevron lost battle over jurisdiction with Brittania-U * Seplat's $500 mln IPO in Lagos, London to fund purchases (Adds quotes, share price and details) By Chijioke Ohuocha LAGOS, May 22 (Reuters) - Seplat is confident it will win a dispute over the purchase of a Chevron a

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22 May 2014 09:32

STOCKS NEWS EUROPE-Shell's A Stock boosted by buyback prospects

Royal Dutch Shell's A shares rise 1 percent, outperforming a 2.5 percent fall for the oil major's B listing, as the firm says it it will resume buying back A shares following the cancellation of a scrip dividend programme. The Anglo Dutch company says future dividends will be settled entire

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21 May 2014 22:39

Shell restarting unit at Scotford oil-sands upgrader in Alberta

May 21 (Reuters) - Royal Dutch Shell is restarting an unspecified unit at its 255,000-barrel-per-day Scotford oil sands upgrader near Edmonton, Alberta, it said in a message posted on a community information line on Wednesday afternoon. There may be intermittent flaring over the next 48 hou

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21 May 2014 21:19

UPDATE 1-Sanchez Energy to buy Shell properties in Texas for $639 mln

(Adds Shell paring exposure to U.S. shale, deal details, background) May 21 (Reuters) - Sanchez Energy Corp said it would buy oil and gas properties in the Eagle Ford region of south Texas from Royal Dutch Shell Plc for about $639 million cash as the Dutch oil company looks to pare its expo

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21 May 2014 20:50

Sanchez to buy Shell properties in Eagle Ford for $639 mln

May 21 (Reuters) - Sanchez Energy Corp said it would buy oil and gas properties in the Eagle Ford region of south Texas from Royal Dutch Shell Plc for about $639 million. The properties comprise proved reserves of 60 million barrels of oil equivalent and produced 24,000 barrels of oil equiv

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21 May 2014 08:53

UPDATE 1-Kashagan oilfield may not restart until 2016, Kazakh minister says

(Adds quotes, details, background) By Mariya Gordeyeva ASTANA, May 21 (Reuters) - Oil output at Kazakhstan's giant Kashagan field may not resume until early 2016, Kazakh Oil and Gas Minister Uzakbai Karabalin said on Wednesday, urging foreign partners to start replacing leaky pipeline

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21 May 2014 07:58

Kashagan may resume oil output in late 2015-early 2016 -minister

ASTANA, May 21 (Reuters) - Production at Kazakhstan's giant Kashagan oilfield, halted last October after gas leaks were detected in its pipelines, may resume in late 2015 or in early 2016, Kazakh Oil & Gas Minister Uzakbai Karabalin said on Wednesday. "It (production) may restart by the en

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20 May 2014 20:49

Norway Gassco schedules additional gas outage this week

OSLO, May 20 (Reuters) - Norwegian gas system operator Gassco increased its forecast for a gas outage this week as some fields shut for maintenance work, it said in a market message on Tuesday. Output will be down by 25 million cubic metres (mcm) on Wednesday, on top of a series of maintena

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20 May 2014 19:49

LNG Canada awards engineering contract for export terminal

VANCOUVER, May 20 (Reuters) - LNG Canada, a joint venture led by Royal Dutch Shell, said on Tuesday that it had awarded the design and eventual construction of its planned liquefied natural gas (LNG) export project on Canada's west coast to CFSW LNG Constructors. The contract covers the fro

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20 May 2014 15:53

UPDATE 1-Motiva Port Arthur HCU restarting, SRU operations normal -sources

(Adds background, details on units involved and details from regulatory filing.) By Erwin Seba HOUSTON, May 20 (Reuters) - Motiva Enterprises was restarting the 60,000-barrel- per-day (bpd) hydrocracking unit at its 600,000-bpd refinery in Port Arthur, Texas, on Tuesday, three days a

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20 May 2014 13:36

Motiva Port Arthur HCU restarting, SRU ops normal -sources

HOUSTON, May 20 (Reuters) - Motiva Enterprises was restarting the 60,000-barrel- per-day (bpd) hydrocracking unit at its 600,000-bpd Port Arthur, Texas, refinery on Tuesday after it was shut by a malfunction on Saturday, said sources familiar with operations at the refinery. Three of the r

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20 May 2014 13:24

Norway's cuts gas outage duration, raises volume impact

OSLO, May 20 (Reuters) - Norway's gas operator Gassco cut the length of a gas outage but said it would be bigger than it earlier expected, it said in a market message on Tuesday. The outage will last just one day on May 22 instead of two days from May 21 as previously planned, but it will b

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20 May 2014 11:00

Shell boss says refining assets still key despite weak profits

LONDON, May 20 (Reuters) - Royal Dutch Shell will hold on to its refining business despite shedding many underperforming downstream assets, its chief executive said on Tuesday. The global refining sector has suffered over the past year from weak profit margins due to rising capacity and inc

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20 May 2014 09:40

NORWAY GAS-Flows to Europe steady as warm weather keeps demand low

* Norway pipeline gas exports at 258 mcm/day * Maintenance to reduce output later this week OSLO, May 20 (Reuters) - Norwegian gas exports held steady on Tuesday, a day after dropping when rising temperatures dented demand across northwest Europe, data from gas system operator Gassco sho

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19 May 2014 21:08

Motiva restarting Port Arthur SRU after malfunction -sources

HOUSTON, May 19 (Reuters) - Motiva Enterprises was restarting a sulfur recovery unit at its 600,000 barrel per day (bpd) Port Arthur, Texas, refinery on Monday after it was shut by a malfunction earlier in the day, said sources familiar with operations at the refinery. The refinery's 60,00

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