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- Tullow rises on Statoil speculation - Broker rating changes move stocks early on - Taper in focus as US jobs report due this afternoon techMARK 2,785.01 +0.37% FTSE 100 6,725.63 +0.51% FTSE 250 16,016.63 +0.42% UK stocks gained strongly on Friday morning as investors prepared themselves for the
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NEW YORK, Jan 9 (Reuters) - U.S. cash crude grades broadly
extended gains on Thursday, with the exception of Midland
crudes, as buying interest remained strong following a dip in
Gulf Coast inventories. Light Louisiana Sweet
NEW YORK, Jan 9 (Reuters) - The U.S. pipeline regulator has provisionally accepted proposed rates for non-contract shippers on Royal Dutch Shell's newly reversed Ho-Ho crude oil pipeline, pending a hearing into complaints that they are unfair. The U.S. Federal Energy Regulatory Commission (
Read morePODGORICA, Jan 9 (Reuters) - The deadline to bid for oil exploration and drilling rights for oil and natural gas off the southern Adriatic coast of Montenegro has been extended until May 15, the economy ministry said on Thursday. The ministry said it had pushed back the original Feb. 28 dea
Read more(Merges two stories, adds details from Shell statement, police comment) LONDON/FRANKFURT, Jan 9 (Reuters) - A fire at a chemical tank at Shell's 195,000 barrel per day Rheinland refinery in Godorf, Cologne in Germany was put out at 1515 GMT on Thursday, just over an hour after it started, t
Read moreLONDON, Jan 9 (Reuters) - A fire at a toluene tank at Shell's 195,000 barrel per day Rheinland refinery in Cologne, Germany, has been extinguished, a company spokesman said on Thursday. It was not clear which, if any, units were affected by the blaze, which started at 1400 GMT. (Reporting
Read moreLONDON, Jan 9 (Reuters) - A fire broke out at a chemical tank at Shell's 195,000 barrel per day Rheinland refinery in Godorf, Cologne in Germany at 1400 GMT on Thursday and fire brigade and police are on site, the company said in a statement. The spokeman added the fire began at the north p
Read more* Oil industry is far from troubled Anbar province * Violence however causes pipeline security worries * Iraq looking for big rise in oil exports this year By Peg Mackey and Isabel Coles LONDON/ARBIL, Jan 9 (Reuters) - Iraq's oil industry and its foreign investors see no c
Read moreMELBOURNE, Jan 9 (Reuters) - ExxonMobil has signed a deal to sell Mobil-branded fuel at 7-Eleven service stations, reviving the Mobil brand in Australia's biggest markets on the east coast since it sold its retail assets to 7-Eleven in 2010. The move comes as rival Royal Dutch Shell is repo
Read moreMELBOURNE, Jan 9 (Reuters) - Three consortia, including Middle Eastern funds, are bidding for Royal Dutch Shell's Australian service stations in a A$3 billion ($2.67 billion) auction, the Australian Financial Review reported on Thursday. Private equity firm TPG is bidding with Ontario Teac
Read more* Foreign oil company staff to keep working as service providers * Disagreement over which companies best suited delays renewal * Western oil majors' knowledge of fields may see them return By Daniel Fineren and Stanley Carvalho DUBAI/ABU DHABI, Jan 8 (Reuters) - Abu Dhabi
Read moreDUBAI, Jan 8 (Reuters) - Abu Dhabi National Oil Company (ADNOC) will take full control of the ADCO oil concession when the decades-old partnerships with some of the world's bigest oil companies ends in a few days' time, two industry sources said on Wednesday. ADNOC currently holds a 60 perc
Read moreDUBAI, Jan 8 (Reuters) - Abu Dhabi National Oil Company (ADNOC) has signed deals for four western oil majors to continue operating its biggest oil fields, state news agency WAM said on Wednesday. ExxonMobil, Royal Dutch Shell, Total and, as well as the smaller, Portugal-based company Parte
Read moreSYDNEY, Jan 8 (Reuters) - Private equity firm TPG is vying for Royal Dutch Shell's refining and retail business in Australia, along with a consortium involving Macquarie Group , the Australian Financial Review (AFR) reported on Wednesday. The paper said there is speculation that a third par
Read more* Group Three gasoline surges on buying, refiner issues * Harbor storm reaction muted with shrunken demand * Gulf follows Midwest lead with smaller gasoline gains HOUSTON, Jan 7 (Reuters) - U.S. Midwest gasoline differentials surged on Tuesday as an extreme deep freeze gripped the re
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