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2 Apr 2014 08:09

FACTBOX-China's ethylene construction plans

(Adds Sinochem Quanzhou, updates Sichuan) April 2 (Reuters) - State-owned Sinochem has got approval from the National Development and Reform Commission for preliminary work for a 1.0 million tonnes per year (tpy) ethylene project in Quanzhou of the southeastern Fujian province, the company sa

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2 Apr 2014 04:11

UPDATE 2-BP to close Australian refinery as mega-plant competition mounts

* BP blames competition from mega-refineries in Asia * Says considering converting refinery in Brisbane into an import terminal * Australian refineries have mostly booked losses in recent years * BP's west coast Kwinana refinery part of growth strategy (Adds details, company,

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2 Apr 2014 00:40

BP says to close Bulwer refinery in Australia in 2015

SYDNEY, April 2 (Reuters) - BP said on Wednesday it will cease production at its Bulwer Island refinery in Brisbane by mid 2015 as it restructures its struggling refining and marketing business in Australia. Australia's refineries, owned by BP, Royal Dutch Shell , ExxonMobil and Caltex, are

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1 Apr 2014 10:35

NORWAY GAS-flows drop to Britain as summer gas season starts

* Norway gas exports at 287 mcm/day * Langeled flows to UK at 30 mcm/day OSLO, April 1 (Reuters) - Norwegian gas exports to Britain dropped sharply on Tuesday as production was adjusted due to the start of a new gas season, data from gas system operator Gassco showed. Supplies throug

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31 Mar 2014 11:07

NORWAY GAS-More flows to Britain

* Norway gas exports at 328 mcm/day * Langeled flows to UK at 66 mcm/day OSLO, March 31 (Reuters) - Gas exports from Norway, Europe's second-biggest supplier, firmed to Britain on Monday from last Friday, while they were steady to the continental Europe, data from gas system operator Gas

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28 Mar 2014 15:49

Nigeria's Taleveras, Aiteo bid $2.85 bln for Shell block - sources

* Shell wants to force a partnership with producer Seplat * Glencore has dropped out of the race * Aliko Dangote, Sahara finalising deal on other blocks * Oil major divestments fraught with pitfalls By Tim Cocks and Ron Bousso ABUJA/LONDON, March 28 (Reuters) - Niger

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28 Mar 2014 14:29

Nigeria arrests 12 including 2 Britons for oil theft

YENAGOA, Nigeria, March 28 (Reuters) - Nigeria has arrested two Britons and 10 of its own citizens on charges of trying to bribe a military officer to facilitate oil theft, the military said on Friday. Oil theft by armed gangs is rampant in Africa's top crude-producing country, with estimat

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27 Mar 2014 16:38

UPDATE 1-Eni close to hiring adviser to sell Mozambique gas stake - sources

* Sale of 15 pct stake could raise up to $5 bln - sources * Interest from players in Asia - sources * Eni CEO has already spoken of selling down stake further (Adds source comments, background) By Sophie Sassard and Stephen Jewkes LONDON/MILAN, March 27 (Reuters) - Eni i

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27 Mar 2014 10:16

NORWAY GAS-Flows firm to Britain, Germany

* Norway gas exports at 318 mcm/day * Langeled flows to UK at 58 mcm/day OSLO, March 27 (Reuters) - Gas exports from Norway, Europe's second-biggest supplier, rose on Thursday from the previous day's average on higher flows to Britain and Germany, data from gas system operator Gassco sho

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27 Mar 2014 02:22

CORRECTED-China's Sinopec sale points to next round of state privatisation

(In March 4 story, corrects 6th paragraph to remove reference to banks) By Matthew Miller and Charlie Zhu BEIJING, March 4 (Reuters) - China's decision last month to sell a stake in a subsidiary of Sinopec Corp signals more privatisation of its bloated state-owned sector will take p

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26 Mar 2014 21:11

RPT-Shell, Statoil, Total, others win Myanmar oil, gas exploration blocks

(Repeats story published late Thursday; no changes to text) YANGON, March 26 (Reuters) - International oil majors including Royal Dutch Shell, Statoil, ConocoPhillips and Total won rights to explore for oil and gas off Myanmar, according to the Southeast Asian country's Ministry of Energy.

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26 Mar 2014 12:09

More ships waiting on Houston Channel cleanup - U.S. Coast Guard

HOUSTON, March 26 (Reuters) - More ships were waiting on Wednesday morning to sail through the Houston Ship Channel as the cleanup of a Saturday fuel oil spill in Galveston Bay continued, the U.S. Coast Guard said. The total number of ships waiting to move through the channel, the waterway

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26 Mar 2014 11:27

Shell, Statoil, Total, others win Myanmar oil, gas exploration blocks

YANGON, March 26 (Reuters) - International oil majors including Royal Dutch Shell, Statoil, ConocoPhillips and Total won rights to explore for oil and gas off Myanmar, according to the Southeast Asian country's Ministry of Energy. Myanmar has awarded 10 shallow-water blocks and 10 deepwate

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26 Mar 2014 09:46

NORWAY GAS-Flows surge as Nyhamna outage ends

* Norway gas exports at 309 mcm/day * Langeled flows to UK at 47 mcm/day OSLO, March 26 (Reuters) - Norwegian gas exports surged on Wednesday from the previous day's average as an outage at the Nyhamna processing plant ended, data from gas system operator Gassco showed. The plant, wh

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26 Mar 2014 08:43

Statoil wins deepwater oil license off Myanmar

OSLO, March 26 (Reuters) - Norwegian oil firm Statoil has a won a license to explore for oil and gas in a deepwater block offshore Myanmar together with U.S. major ConocoPhillips, the Asian country's energy ministry said on Wednesday. The other winners in the licensing round include Royal

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