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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. The Norco refinery also plans to overhaul the refinery's sole crude d
Read moreLONDON, 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
Read moreLONDON, 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
Read moreCALGARY, Alberta, Dec 24 (Reuters) - Imperial Oil Ltd has upped its cost estimate for the Mackenzie Gas Project in Canada's far north by about 40 percent because of rising prices for materials and labor, meaning the entire project would cost more than C$20 billion ($18.82 billion) if it goes ahe
Read more* Gazprom drops opposition to plant expansion * Russia wants to double global LNG market share by 2020 MOSCOW, Dec 23 (Reuters) - Russia's top natural gas producer Gazprom approved on Monday an expansion of the Sakhalin-2 liquefied natural gas (LNG) plant it co-runs with Royal Dutch S
Read moreMOSCOW, Dec 23 (Reuters) - Russia's top natural gas producer Gazprom on Monday approved the expansion of the Sakhalin-2 liquefied natural gas (LNG) plant it co-runs with Shell. Gazprom had long opposed the idea of constructing a third line, or train, at the plant in the Pacific Island of Sa
Read moreBy Ernest Scheyder ST CLAIRSVILLE, Ohio, Dec 20 (Reuters) - Farmers in the close-knit Amish community who eschew electricity and most technology, are among landowners capitalizing on a new financial trend in the United States energy boom - selling decades of future oil and natural gas royal
Read moreBy Ernest Scheyder ST CLAIRSVILLE, Ohio, Dec 20 (Reuters) - Farmers in the close-knit Amish community who eschew electricity and most technology, are among landowners capitalizing on a new financial trend in the United States energy boom - selling decades of future oil and natural gas royal
Read more* Commission assessment of law's impact still awaited * Scientists say draft law is scientifically sound * Oil industry says EU plan is unfair and unscientific By Barbara Lewis BRUSSELS, Dec 20 (Reuters) - More than 50 top European and U.S. scientists have written to the E
Read more* Commission assessment of law's impact still awaited * Scientists say draft law is scientifically sound * Oil industry says EU plan is unfair and unscientific By Barbara Lewis BRUSSELS, Dec 20 (Reuters) - More than 50 top European and U.S. scientists have written to the E
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- FTSE 100 at three-week high - UK GDP revised higher - UK deficit jumps, consumer confidence weakens - BAE drops, Carnival sails higher techMARK 2,728.33 -0.24% FTSE 100 6,593.31 +0.13% FTSE 250 15,616.15 +0.17% UK markets held on to gains on Friday morning as stocks continue to trade at levels
Read more- UK consumer confidence falls - BoE admits to poor economic estimates - S&P downgrades EU to 'AA+' - BAE tumbles after UAE walks away from Eurofighter deal techMARK 2,732.19 -0.10% FTSE 100 6,595.40 +0.16% FTSE 250 15,592.04 +0.01% UK stocks edged higher on Friday morning with markets hitting the
Read morePERTH, Dec 20 (Reuters) - Australia has given environmental approval to Royal Dutch Shell and PetroChina's Surat Gas project, part of the Arrow liquefied natural gas (LNG) export plant, Arrow LNG said on Friday. The Surat Gas project, located in southwestern Queensland, would add to the nu
Read moreBy Jeb Blount RIO DE JANEIRO, Dec 19 (Reuters) - Brazil diesel demand likely rose 4.3 percent in 2013, and gasoline demand 5.3 percent, as new vehicle sales and greater traffic congestion caused demand for fuels to grow faster than the overall economy, Brazil's fuel distributors' associatio
Read moreRIO DE JANEIRO, Dec 19 (Reuters) - Brazil's state-run oil company Petrobras restarted crude processing at its fire-damaged Repar refinery on Wednesday, said fuel industry association Sindicom. The Repar refinery will reach full output in about five days, Sindicom said on Thursday at an even
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