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14 Jan 2014 22:10

RPT-Shell to sell $15 bln of assets including some N.Sea fields -report

LONDON, Jan 14 (Reuters) - Royal Dutch Shell could look to sell $15 billion worth of assets over the next two years including some North Sea fields, said a media report on Tuesday, expanding on its existing guidance that divestments would accelerate this year. Shell, whose new chief executi

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14 Jan 2014 21:09

UPDATE 2-U.S. top court curbs human rights claims in Daimler ruling

By Lawrence Hurley WASHINGTON, Jan 14 (Reuters) - The U.S. Supreme Court ruled on Tuesday that Daimler AG cannot be sued in California over alleged abuses in Argentina, a decision likely to erode further the reputation of the United States as a global venue for human rights claims. Th

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14 Jan 2014 15:54

Shell to sell assets as part of 15bn dollar divestment plan

Royal Dutch Shell is reportedly looking to sell 15bn dollars worth of assets, including some of its North Sea oilfields, over the next two years It is understood the company is considering divesting assets and scraping projects that are yet to reach the final investment decision in an effort to st

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14 Jan 2014 14:38

Shell to sell $15 bln of assets including some N.Sea fields -report

LONDON, Jan 14 (Reuters) - Royal Dutch Shell could look to sell $15 billion worth of assets over the next two years including some North Sea fields, said a media report on Tuesday, expanding on its existing guidance that divestments would accelerate this year. Shell, whose new chief executi

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14 Jan 2014 09:50

Philippines' First Gen to build $1 bln LNG terminal

STA. RITA, PHILIPPINES, Jan 14 (Reuters) - The Philippines' First Gen Corp plans to build a $1 billion LNG import terminal and bring it online by the end of 2019, as it seeks to secure supply for its growing portfolio of gas-fired power plants, senior executives said on Tuesday. The country

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13 Jan 2014 15:48

Russia's Shell JV starts oil fracking in Siberia

MOSCOW, Jan 13 (Reuters) - Salym Petroleum Development (SPD), a Russian joint venture between Shell and Gazprom Neft, said on Monday it had started oil fracking in Siberia, a technology seen as key to Russia maintaining its level of oil production. The company said it had begun horizontal d

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13 Jan 2014 14:07

Legal challenges delay Chevron's $1 bln Nigeria oil block sales

* Delays could limit sale profits, scupper deals * Shell, Total, Eni, ConocoPhillips also divesting * Nigeria firms, partnered with foreign, bidding By Joe Brock ABUJA, Jan 13 (Reuters) - Chevron faces delays in closing sales of oil blocks in Nigeria worth up to $1 billion

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13 Jan 2014 11:40

London midday: Markets little changed but banks rise

- Banks rise as Basel eases capital rules - US earnings in focus this week - AMEC offers 1.9bn pounds for Foster Wheeler - US activist investors looking at Morrison, reports say techMARK 2,797.71 -0.15% FTSE 100 6,731.21 -0.13% FTSE 250 16,199.41 +0.05% UK stocks were swinging between gains and lo

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13 Jan 2014 11:39

UPDATE 1-UAE sees keen interest for largest oilfields on revised terms -minister

* ADCO fields producing 1.6 mln bpd, aim to produce 1.8 mln in 2 years -minister * Abu Dhabi mulling bringing in big Asian buyers into ADCO concession * Ruwais refinery expansion to be completed by end-2014 By Nidhi Verma NEW DELHI, Jan 13 (Reuters) - Abu Dhabi has receive

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13 Jan 2014 08:45

CORRECTED-Ruwais refinery expansion to be completed by end-2014 - UAE minister

(Corrects year to 2014 from 2015 in headline and first paragraph) NEW DELHI, Jan 13 (Reuters) - The expansion of Ruwais refinery of Abu Dhabi Oil Refining Co (Takreer) will be completed by end-2014, United Arab Emirates (UAE) oil minister Suhail bin Mohammed al-Mazroui said on Monday. Read more

13 Jan 2014 08:21

London open: Banking stocks buoy markets early on

- Markets still digesting US jobs data - Banks rise as Basel eases leverage-ratio rules - AMEC offers 1.9bn pounds for Foster Wheeler techMARK 2,799.90 -0.07% FTSE 100 6,753.20 +0.20% FTSE 250 16,223.65 +0.20% UK markets opened higher on Monday morning though gains were only slight as investors co

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13 Jan 2014 07:28

Ruwais refinery expansion to be completed by end-2015 - UAE minister

NEW DELHI, Jan 13 (Reuters) - The expansion of Ruwais refinery of Abu Dhabi Oil Refining Co (Takreer) will be completed by end-2015, United Arab Emirates (UAE) oil minister Suhail bin Mohammed al-Mazroui said on Monday. The minister is in New Delhi to attend industry event Petrotech 2014.Read more

12 Jan 2014 22:24

Largest US refinery restarts gasoline unit boiler -filing

HOUSTON, Jan 12 (Reuters) - The largest U.S. refinery restarted a carbon monoxide (CO) boiler on the refinery's sole gasoline-producing fluidic catalytic cracking unit, according to a notice filed on Saturday with Texas pollution regulators. The CO boiler on the 90,000 barrel per day (bpd)

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10 Jan 2014 12:41

High investment in UK N.Sea unlikely to continue past 2015-report

LONDON, Jan 10 (Reuters) - Current high levels of investment in Britain's North Sea are unlikely to continue after 2015, according to a forecast from energy consultancy Wood Mackenzie that could feed concerns about the longer-term future of the country's oil industry. Britain's oil and gas

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10 Jan 2014 11:21

London midday: Stocks gain strongly as investors await US data, Tullow jumps

- Tullow lifted by Statoil speculation - UK data misses forecasts - Focus on Fed ahead of non-farm payrolls techMARK 2,794.53 +0.72% FTSE 100 6,750.46 +0.88% FTSE 250 16,088.05 +0.87% UK investors were in a confident mood on Friday morning with markets gaining strongly ahead of the all-important D

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