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7 Jan 2014 19:31

Shell Canada takes unit offline at Sarnia, Ontario, refinery

CALGARY, Alberta, Jan 7 (Reuters) - Weather conditions in southern Ontario prompted Shell Canada to shut one unit at its 75,000 barrel per day Sarnia refinery for minor repairs on Tuesday, causing some flaring, a company spokesman said. Spokesman Stephen Doolan said the remainder of the pla

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7 Jan 2014 06:13

Shell, OMV, Mitsui to drill deepwater well in New Zealand

WELLINGTON, Jan 7 (Reuters) - Royal Dutch Shell, Austria's OMV and Japan's Mitsui will drill an exploration well off New Zealand's southeast coast, becoming the latest group to search for natural gas in the country's largely untapped deepwater basins. The Shell-led project would follow a pr

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6 Jan 2014 20:51

Shell, BP consider selling Australian refineries, petrol stations -AFR

SYDNEY, Jan 7 (Reuters) - Royal Dutch Shell and BP are considering the sale of refineries and petrol stations in Australia to free up cash, the Australian Financial Review reported on Tuesday. Royal Dutch Shell are in talks with two parties - an unnamed large private equity firm and a cons

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2 Jan 2014 21:12

RPT-LNG deal ushers in tighter Shell spending regime

* Outgoing CEO Voser to work in Switzerland on full pay * Deal accounting flatters spending for new boss's first year * New CEO faces Q4 results Jan 30, investor day March 13 * Shell has $55 bln to spend in next 2 years under plan By Andrew Callus LONDON, Jan 2 (Reut

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2 Jan 2014 16:37

London close: Markets slip on mixed manufacturing data, but retailers gain

- FTSE 100 pulls back after recent strong run - Manufacturing growth eases in China, UK and US - Debenhams CFO departs after profit warning techMARK 2,772.41 -0.32% FTSE 100 6,717.91 -0.46% FTSE 250 15,919.09 -0.10% UK markets finished the first session of the new year in the red after a host of

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2 Jan 2014 16:02

LNG deal ushers in tighter Shell spending regime

* Outgoing CEO Voser to work in Switzerland on full pay * Deal accounting flatters spending for new boss's first year * New CEO faces Q4 results Jan 30, investor day March 13 * Shell has $55 bln to spend in next 2 years under plan By Andrew Callus LONDON, Jan 2 (Reut

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2 Jan 2014 11:40

London midday: Mixed manufacturing figures dampen UK markets

- Markets pull back after strong end to 2013 - China, UK manufacturing PMIs disappoint - Resources stocks provide a drag on the FTSE 100 - Retailers in focus after mixed corporate updates techMARK 2,780.21 -0.04% FTSE 100 6,720.85 -0.42% FTSE 250 15,925.41 -0.06% Mixed global manufacturing figures

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2 Jan 2014 11:39

UPDATE 2-Spain's Repsol slashes debt with LNG asset sale

* Books capital gains of $2.9 bln * Repsol beats target for 2012-2016 asset sales * Purchase by Shell cements its dominance in LNG By Andrés González MADRID, Jan 2 (Reuters) - Spanish oil company Repsol finalised the sale of $4.3 billion in liquid natural gas assets to

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2 Jan 2014 08:19

London open: Stocks slip after China manufacturing data

- FTSE 100 pulls back as data schedule ramps up - Chinese manufacturing growth slowed in December - Debenhams CFO leaves after profit warning techMARK 2,782.24 +0.03% FTSE 100 6,733.20 -0.24% FTSE 250 15,910.82 -0.15% UK markets started the first session of 2014 trading in the red after data showe

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2 Jan 2014 07:35

Shell completes 4.1bn dollar Repsol LNG deal at lower price

Royal Dutch Shell has completed the purchase of 4.1bn dollars of liquefied natural gas (LNG) assets from Spanish rival Repsol at a better price than previously announced. Shell is now expected to pay a net cash purchase price of $3.8bn, lower than the $4.4bn announced in February last year due to

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2 Jan 2014 07:27

Spain's Repsol reports capital gains of $2.9 bln in LNG asset sale

MADRID, Jan 2 (Reuters) - Spanish oil company Repsol said on Thursday it has booked net capital gains of around $2.9 billion from the sale of liquid natural gas assets to Royal Dutch Shell. The sale reduced Repsol's net debt by $3.3 billion, the Spanish company said in a statement. T

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2 Jan 2014 06:00

Crippled Kashagan oil project a bureaucratic "nightmare"

* Production halted shortly after start-up by pipeline leaks * Seven-partner project suffering long delays and cost over-runs * Now run collectively instead of usual single operator model * One source calls it a "nightmare" operating "by committee" By Andrew Callus and Ste

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27 Dec 2013 08:00

RPT-Woodside stake may be split if Shell sells out

LONDON, Dec 25 (Reuters) - Royal Dutch Shell's 23.1 percent stake in Australian oil and gas group Woodside Petroleum is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic buyer, bankers said. The holding, worth about $6.4 bil

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26 Dec 2013 22:29

Australia shares may see 5th session of gain on Wall St, metals

SYDNEY, Dec 27 (Reuters) - Australian shares may eke out a fifth session of gains on Friday as mining stocks could be supported by a lift in metals prices and Wall Street advanced to record highs overnight, though trading may be subdued post-Christmas break. * The benchmark rose 0.7 percent

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26 Dec 2013 22:12

UPDATE 1-Motiva Norco refinery plans HCU, CDU work in 2014 -sources

(Adds details, background) HOUSTON, Dec 26 (Reuters) - Motiva Enterprises LLC plans to overhaul a hydrocracking unit at its 233,500 barrel-per-day (bpd) Norco, Louisiana, refinery in February, sources familiar with operations at the refinery said on Thursday. The Norco refinery also

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