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By Tom Miles GENEVA, Feb 5 (Reuters) - Kazakhstan's central bank governor Kairat Kelimbetov expects to see a lot of emerging market currency devaluations this year, with the Russian rouble likely to be "close to collapse again," he said in Geneva on Wednesday. "I think it's kind of a
Read moreNEW YORK, Feb 5 (Reuters) - U.S. cash crude differentials
rose on Wednesday as the spread between U.S. crude and
European Brent narrowed to its lowest level since
October. International Brent's premium to U.S. crude
* Gazprom Neft, Shell get 3 licences for West Siberia * To sell oil from 1st Arctic offshore field at a discount * Gazprom Neft to get commercial oil in Iraq in 2014 By Katya Golubkova and Olesya Astakhova MOSCOW, Feb 5 (Reuters) - Russia's Gazprom Neft plans to start com
Read moreMOSCOW, Feb 5 (Reuters) - Russia's Gazprom Neft plans to start commercial oil production at its Iraqi's Badra oilfield in spring with a view to reach an average output of 15,000 barrels per day this year, a company official said on Wednesday. Vadim Yakovlev, a first deputy chief executive
Read moreBy John Kemp LONDON, Feb 4 (Reuters) - "All political lives, unless they are cut off in midstream at a happy juncture, end in failure," wrote Enoch Powell, a former member of Britain's parliament who held controversial views on immigration and national identity. Much the same could be
Read moreBy Meeyoung Cho and Seng Li Peng SEOUL/SINGAPORE, Feb 5 (Reuters) - South Korea's second-largest refiner, GS Caltex Corp, has hiked crude run rates to 93 percent of refining capacity, following a cut to 78 percent after a weekend oil spill at sea caused by pipeline cracks, sources said on
Read more* Plans to make further returns to shareholders * Eyes new onshore partnerships with Rosneft in Russia * Q4 underlying profit $2.8 bln vs $2.7 bln forecast * Reiterates spending, cashflow targets * Shares close up 0.04 pct By Sarah Young LONDON, Feb 4 (Reuters)
Read moreHOUSTON, Feb 4 (Reuters) - Motiva Enterprises' two Louisiana refineries are beginning planned overhauls this week, said sources familiar with operations at the refineries on Tuesday. The company's 233,500 barrel per day (bpd) Norco, Louisiana, refinery began a planned overhaul on a hydrocr
Read moreBy Kristen Hays HOUSTON, Feb 4 (Reuters) - Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, its first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months. Shell's Olympus pla
Read moreBy Kristen Hays HOUSTON, Feb 4 (Reuters) - Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, the first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months. Shell's Olympus pla
Read moreLONDON, Feb 4 (Reuters) - BP on Tuesday became the first oil major to detail how wild swings in U.S. crude prices had first boosted - and then dented - its profit last year amid a shale revolution that has transformed markets in the United States. The firm said in its full-year results that
Read moreBy John Kemp LONDON, Feb 4 (Reuters) - "All political lives, unless they are cut off in midstream at a happy juncture, end in failure," wrote Enoch Powell, a former member of Britain's parliament who held controversial views on immigration and national identity. Much the same could be
Read moreFeb 4 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings expects EMEA corporates' FY13 financial results to have generally underperformed company guidance and prior year results, driven by challenging market conditions in early 2013, delayed benefits of th
Read more(Corrects percentage fall in second paragraph) LONDON, Feb 4 (Reuters) - BP, the West's no.4 oil company, reported weaker quarterly profits after its refining business swung to a loss, and said it would increase the accounting provision for the 2010 U.S. oil spill by $200 million. The
Read more--Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, Feb 3 (Reuters) - Chinese refiners, like many before them, have finally realised that parties don't last forever and eventually everyone has to sober up. The d
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