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7 Apr 2014 10:19

UPDATE 2-Gazprom Neft CEO says company could look east if sanctions hit

* Gazprom Neft CEO says company not affected by sanctions * Can switch to euros from dollars if needed * Can turn to Asia with oil, oil products (Adds details, background, writes through) By Katya Golubkova ST PETERSBURG, Russia, April 7 (Reuters) - Gazprom Neft , the oi

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7 Apr 2014 01:48

UPDATE 1-West Australia sets conditions for renewing Browse gas leases

* State wants floating LNG supply base onshore in West Australia * State wants some gas reserved for use onshore * Floating LNG plan key to cut costs on $45 bln project (Adds state premier's comments, Woodside view) MELBOURNE, April 7 (Reuters) - The Western Australian governm

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7 Apr 2014 01:14

West Australia sets 2 conditions for renewing Browse gas leases

MELBOURNE, April 7 (Reuters) - The Western Australian government said it will only renew two leases key to the Browse LNG development if the partners set up a supply base onshore in the state and set aside some gas for industrial use in the state. About half the gas in Browse, which partner

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4 Apr 2014 07:32

NORWAY GAS-Germany, Belgium increase balances France drop

* Norway gas exports at 276 mcm/day * Flows to France ease to 43 mcm/day OSLO, April 4 (Reuters) - Norwegian gas exports to Europe were steady on Friday morning as a drop in deliveries to France was offset by slightly higher flows to Germany and Belgium, data from gas system operator Gas

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4 Apr 2014 07:31

Friday newspaper round-up: Top rate of tax, SSE, RBS

George Osborne is facing demands to cut the top rate of tax again to 40p after figures suggested the wealthy had paid more tax since he cut the 50p rate. The amount raised from top-rate taxpayers is expected to increase by 9bn pounds in 2013-14, the year for which it was reduced to 45p by the Chance

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4 Apr 2014 04:01

Shell's grounded rig product of poor tow plan -U.S. Coast Guard

By Steve Quinn JUNEAU, Alaska, April 3 (Reuters) - Royal Dutch Shell ignored warnings about the dangers of a towing mission that left a drillship grounded in the storm-tossed Gulf of Alaska in 2012, in part to avoid paying millions of dollars in state property taxes, the U.S. Coast Guard s

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3 Apr 2014 11:17

NORWAY GAS-Flows drop on lower demand in Germany

* Norway gas exports at 269 mcm/day * Langeled flows to UK at 26 mcm/day OSLO, April 3 (Reuters) - Norwegian gas exports eased on Thursday due to lower demand in Germany, while warm weather and a healthy supply outlook kept flows to Britain low, data from gas system operator Gassco showe

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3 Apr 2014 07:39

London pre-open: FTSE to move higher early on

UK stocks are set to start today's session on a positive note, tracking gains seen in the US ahead of the ECB's latest policy meeting and following positive Chinese services data as per the latest Services Markit/HSBC services purchasing managers index (PMI). City sources predict the FTSE 100 will

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3 Apr 2014 06:02

RPT-INSIGHT-Kashagan oil field: Stuck between "a widow maker" and "a rotating bomb"

(Repeats story unchanged) * Kilometres of Kashagan pipelines defective-sources * Could be cheaper to replace onshore section * Project costing around $45 mln a day in lost revenues * Kazakhstan raises pressure with $737 mln fine By Oleg Vukmanovic and Stephen Jewkes

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3 Apr 2014 04:15

COLUMN-Australian oil refining industry needs debate, not neglect: Clyde Russell

(The opinions expressed here are those of the author, a columnist for Reuters.) --Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, April 3 (Reuters) - That Australia's oil refining industry is uncompetitive in

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2 Apr 2014 16:08

Raizen expands reach in Brazil fuel distribution

SAO PAULO, April 2 (Reuters) - Raizen, the 50-50 joint venture between Brazilian sugar and ethanol producer Cosan and Royal-Dutch Shell, said in a market filing it signed a deal to acquire Distribuidora Latina and its 200-plus filling stations. The target fuel distributor is strong in sout

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2 Apr 2014 13:46

Carlyle sees buyers market as oil majors sell $300 bln of assets

By Dmitry Zhdannikov and Silvia Antonioli LAUSANNE, April 2 (Reuters) - Oil majors have put up for sale assets worth more than $300 billion and more could come as shareholders press for lower capital expenditure and higher dividends, according to a major private equity player investing in e

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2 Apr 2014 11:43

INSIGHT-Kashagan oil field: Stuck between "a widow maker" and "a rotating bomb"

* Kilometres of Kashagan pipelines defective-sources * Could be cheaper to replace onshore section * Project costing around $45 mln a day in lost revenues * Kazakhstan raises pressure with $737 mln fine By Oleg Vukmanovic and Stephen Jewkes MILAN, April 2 (Reuters)

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2 Apr 2014 11:14

HIGHLIGHTS-Top trading house executives speak at commodity conference

LAUSANNE, Switzerland, April 2 (Reuters) - Global commodities trading is undergoing profound changes as banks pull out from the sector while trading houses adapt to new regulations and expand into physical assets. Top executives and co-owners of some of the world's largest trading houses di

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2 Apr 2014 09:42

NORWAY GAS-Flows gain to Germany, ease to Britain

* Norway gas exports at 297 mcm/day * Langeled flows to UK at 26 mcm/day OSLO, April 2 (Reuters) - Norwegian gas exports to Britain eased on Wednesday while gaining to Germany, data from gas system operator Gassco showed. Flows through the Langeled pipeline, Britain's main subsea gas

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