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BP and Shell are facing an extremely delicate situation as the G7 prepares to launch another wave of sanctions against Russia. They may be forced to reduce their operations or freeze certain commercial ties with the country. Those new measures may come as soon as Monday unless the Kremlin takes imme
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* Deal may give Rosneft greater control over Russian oil and gas - analysts * Khudainatov to get operational control in joint venture MOSCOW, April 28 (Reuters) - Russia's Alliance Group, which owns the Khabarovsk oil refinery in Russia's Far East, has agreed to merge its assets with
Read moreMILAN, April 27 (Reuters) - Output at Kazakhstan's huge Kashagan oilfield may not start until 2016, the Financial Times said on Sunday, citing Kazakhstan's minister for economy and budget planning. Erbolat Dossayev told the FT he hoped production could be restarted late next year. "But if n
Read moreKUWAIT, April 27 (Reuters) - Kuwait has signed a contract to import liquefied natural gas (LNG) from fellow Gulf state Qatar to help meet its energy needs to the end of 2014, state news agency KUNA reported on Sunday. The first shipment of LNG will arrive in Kuwait on Monday under the contr
Read moreBy Karolin Schaps LONDON, April 27 (Reuters) - Premier Oil has rejected two secret bid approaches from Ophir Energy, which wants to forge a 3 billion pounds ($5 billion) combined oil exploration group, a person with knowledge of the matter said on Sunday. The latest all-share merger p
Read more* Services firms compete for late life assets * $335 billion prize still up for grabs * More "wrench time", less form filling * Streamlining processes and better planning are vital By Claire Milhench LONDON, April 25 (Reuters) - Smaller oil producers are teaming up w
Read moreBIROBIDZHAN, Russia, April 24 (Reuters) - Russia's Natural Resources Minister said on Thursday that the door would be closed to foreign companies working in Russia if they decide to leave the country over Ukraine-related sanctions. He also said that so far foreign companies had not signalle
Read more* Rosneft's CEO Sechin says company needs to export gas * Sechin says Gazprom, Shell deny Rosneft, Exxon access to pipeline (Adds detail, quotes) By Denis Dyomkin KHABAROVSK, Russia, April 25 (Reuters) - Rosneft ratcheted up pressure on fellow Russian energy champion Gazprom
Read more* Kiev Interior Ministry forces, army take rebel checkpoints * Putin warns of consequences after "punitive operation" * Kerry says Moscow's window to change course "is closing" (Adds Obama likely to call EU leaders, paragraphs 8-9) By Aleksandar Vasovic and Alexei AnishchukRead more
KHABAROVSK, Russia, April 25 (Reuters) - The head of Russia's top oil producer Rosneft asked the government to intervene and help it get access to a Gazprom's trunk gas pipeline, vital for the liquefied natural gas project it is planning with ExxonMobil. Rosneft and ExxonMobil plan to buil
Read more(Adds Kerry, Hagel comments, paragraphs 4-6, 17) * Kiev Interior Ministry forces, army take rebel checkpoints * Putin warns of consequences after "punitive operation" * Kerry says Moscow's window to change course "is closing" By Aleksandar Vasovic and Alexei Anishchuk <
Read moreApril 24 (Reuters) - Shell Oil Co reported planned maintenance was under way at its plant in Deer Park, Texas, according to a message posted on a community information line on Thursday. The maintenance activity might cause flaring, the information line said. The company had earlier sa
Read more(Refiling to show in 2nd paragraph company is complying with Jones Act) By Anna Louie Sussman NEW YORK, April 23 (Reuters) - A massive oil storage facility in the Bahamas may offer nimble gasoline traders a new way to profit by shipping fuel in foreign ships from the oversupplied U.S.
Read more(Adds more detail about Pemex's expansion plans) By Valerie Volcovici WASHINGTON, April 24 (Reuters) - While energy reforms have opened the door for Mexico's state-run energy company to expand overseas, its focus for now will be on developing its "low-hanging fruit," the head of Pemex
Read more(Adds Motiva no comment, background) DALLAS, April 22 (Reuters) - Motiva Enterprises plans to shut a 200,000-barrel-per-day crude distillation unit and a reformer at its 600,000-bpd refinery in Port Arthur, Texas, in early May for two weeks of repairs, sources familiar with refinery operat
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