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20 Feb 2014 16:59

UPDATE 2-Shell sale of Italy retail operation reshapes pump network

* Shell's Italian petrol pumps to be rebranded Q8 this year * Shell network comprises more than 830 pump stations * Deal could be worth up to 500 mln euros - report By Stephen Jewkes MILAN, Feb 20 (Reuters) - Royal Dutch Shell has agreed to sell its Italian retail business

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20 Feb 2014 10:49

Shell agrees to sell Italy petrol distribution network to Kuwait Petroleum

MILAN, Feb 20 (Reuters) - Royal Dutch Shell said on Thursday it had reached an agreement with Kuwait Petroleum International (KPI) to sell its petrol distribution network in Italy. In a joint statement Shell and KPI said they expected to complete the deal before the end of the year. T

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20 Feb 2014 10:47

Shell sells Italian retail business to Kuwait Petroleum

LONDON, Feb 20 (Reuters) - Anglo-Dutch oil and gas major Shell said on Thursday it has agreed to sell its Italian retail and aviation business to Kuwait Petroleum International. "The sale is consistent with Shell's strategy to concentrate Shell's downstream footprint on a smaller number of

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19 Feb 2014 21:46

Colombia prepares shale debut with launch of 2014 oil round

By Peter Murphy BOGOTA, Feb 19 (Reuters) - Colombia will for the first time auction areas potentially containing non-conventional or shale crude in its 2014 oil round in July that it is launching on Wednesday as it seeks to sustain a wave of foreign investment into the sector. Latin A

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19 Feb 2014 01:29

Shell sells Australian downstream oil assets for A$2.4 bln - media

SYDNEY, Feb 19 (Reuters) - Royal Dutch Shell has sold its downstream Australian assets to Dutch-owned oil trader Vitol and the Abu Dhabi Investment Council for about A$2.4 billion ($2.2 billion), The Australian Financial Review reported on Wednesday. The sale would mean Australia's Macquari

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18 Feb 2014 20:53

US WCoast Products -Gasoline climbs on refinery upsets

HOUSTON, Feb 18 (Reuters) - California gasoline jumped 4 cents a gallon in the Los Angeles wholesale market on Tuesday after California refineries reported malfunctions over the Presidents Day weekend, traders said. February-delivery CARBOB gasoline traded at 4 cents a gallon over March NYM

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18 Feb 2014 07:36

Pacific crude exports to keep steady in April

SINGAPORE, Feb 17 (Reuters) - Exports of sweet crudes and condensate from Australia, Papua New Guinea and East Timor are expected to remain steady in April as field maintenance keeps supplies limited, traders said on Monday. A total of 13 cargoes of sweet crude and condensate will be availabl

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17 Feb 2014 22:45

Shell restarts Martinez, Calif. refinery unit - filing

HOUSTON, Feb 17 (Reuters) - Royal Dutch Shell Plc restarted a major unit at its 156,400 barrel per day (bpd) refinery in Martinez, California, last week, according to a notice the refinery filed with California pollution regulators. Shell did not identify which unit was restarted on Wednes

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17 Feb 2014 14:58

UPDATE 1-Shell to drill for oil in Namibian waters

WINDHOEK, Feb 17 (Reuters) - Royal Dutch Shell is to drill offshore Namibia, a growing area of interest for oil and gas explorers, the southern African country's mines and energy minister said on Monday. Shell has taken over exploration blocks 2913A and 2914B in the Orange Basin from Signet

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17 Feb 2014 13:02

Oil firms seen cutting exploration spending

* 2013 weakest for oil exploration in over a decade * Firms may pull back from Arctic, West Africa * Brazil, Gulf of Mexico exploration seen unaffected * Explorer shares discounted By Gwladys Fouche and Balazs Koranyi OSLO, Feb 17 (Reuters) - Global oil firms, hit by

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17 Feb 2014 10:55

Shell to drill for oil in Namibian waters

WINDHOEK, Feb 17 (Reuters) - Shell is to drill offshore Namibia, a growing area of interest for oil and gas explorers, the southern African country's mines and energy minister said on Monday. Shell has taken over exploration blocks 2913A and 2914B in the Orange Basin from Signet Petroleum,

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14 Feb 2014 21:18

Brazil's big cane mills cut costs, capex against losses

By Reese Ewing SAO PAULO, Feb 14 (Reuters) - Weak sugar prices, government fuel price controls and a year of frost and drought are forcing Brazil's listed sugar and ethanol companies to cut costs and consider layoffs, as earnings reports this week have shown. Local sugar and ethanol u

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14 Feb 2014 15:40

Shell sells interests in North Sea assets

Royal Dutch Shell is set to sell its interests in three of its North Sea assets as it ramps up disposals following a shock profit warning. The oil giant is selling the Anasuria floating production, storage and offloading installation, and the Nelson and Sean platforms. The company said it wants t

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14 Feb 2014 14:56

Europe refineries' spring maintenance to bring them little solace

* Around 10 pct of Europe capacity to go down in March-April * Despite supply cut, margins unlikely to show big increase By Ron Bousso LONDON, Feb 14 (Reuters) - Europe's embattled refineries are scheduled to cut output by more than 10 percent during spring maintenance, but any

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14 Feb 2014 12:23

UPDATE 1-Shell to sell three assets in British North Sea

LONDON Feb 13 (Reuters) - Royal Dutch Shell plans to put three oil and gas assets in the North Sea up for sale, as it seeks to ramp up disposals and focus on improving shareholder returns after a shock profit-warning. Like its industry peers, Shell has been facing increasing investor pressu

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