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By Jonathan Leff NEW YORK, Dec 15 (Reuters) - As a historic oil and gas boom transforms the U.S. energy sector, Wall Street is losing the battle to remain the partner of choice for energy producers and major consumers seeking to protect themselves against volatile prices. In the thriv
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- Stocks down ahead of Fed meeting next week - FTSE 100 hits fresh two-month low - RSA plummets after profit warning, CEO exit - ARM gains on Google hopes techMARK 2,663.70 +0.42% FTSE 100 6,439.96 -0.08% FTSE 250 15,233.46 +0.14% UK stocks finished broadly flat on Friday after a quiet session as
Read more- Taper speculation picks up after budget deal - RSA drops on profit warning, CEO exit - FTSE 100 rebounds from two-month low techMARK 2,662.49 +0.37% FTSE 100 6,457.75 +0.19% FTSE 250 15,251.18 +0.26% The FTSE 100 snapped three straight days of losses on Friday morning but was trading within a na
Read moreHOUSTON, Dec 12 (Reuters) - Gasoline retreated in the Los Angeles wholesale market on Thursday as a refinery stopped venting coming from a storage tank, traders said. December-delivery CARBOB gasoline fell 3.5 cents a gallon to 10.5 cents a gallon under January NYMEX RBOB gasoline in L.A.Read more
LOS ANGELES, Dec 12 (Reuters) - Chevron Corp raised the cost of its giant Gorgon liquefied natural gas (LNG) project in Australia by $2 billion on Wednesday, the second increase in just over a year to take the total cost to $54 billion. The cost increase at Gorgon was part of a jump in Chev
Read moreDec 11 (Reuters) - Chevron Corp, the second-largest U.S. oil company, said it plans to spend $39.8 billion on projects and exploration in 2014, about 5 percent below the expected 2013 spending. Investors are putting increased pressure on the world's biggest oil companies to rein in spending
Read moreABUJA, Dec 11 (Reuters) - Nigeria's Senate launched an investigation on Wednesday into a letter written by the central bank (CBN) which said that the state-oil firm NNPC failed to pay $50 billion of revenue from oil sales into government accounts. NNPC earned $65.3 billion from crude oil sa
Read more(Adds quotes, details) HOUSTON, Dec 11 (Reuters) - Royal Dutch Shell said on Wednesday that the reversed Houston-to-Houma pipeline was being filled with crude in anticipation of a mid-December startup to ship a glut of light sweet oil from Texas to Louisiana. The line is operational a
Read moreHOUSTON, Dec 11 (Reuters) - Royal Dutch Shell said on Wednesday that the reversed Houston-to-Houma pipeline was being filled with crude in anticipation of a mid-December startup. Spokeswoman Destin Singleton said that preparation included crude linefill with "product flowing and movement."<
Read moreHOUSTON, Dec 11 (Reuters) - Royal Dutch Shell on Wednesday said its reversed Houston-to-Houma crude oil pipeline is "operational," and scheduled to start up by mid-December. Spokeswoman Destin Singleton said on Wednesday that in anticipation of startup, the company must file pipeline tariff
Read moreBy Sumeet Chatterjee and Nigam Prusty Dec 11 (Reuters) - An Indian court ruling expected on Thursday could determine whether Nokia will be free to transfer a phone-making factory to Microsoft Corp or pay as much as $3.4 billion in disputed taxes. The Chennai plant is one of Nokia's bi
Read more* Oil revenue accounts for 80 pct of gov't revenues * Probes have found state-oil firm to lack transparency * Nigeria is Africa's 2nd largest economy, top oil producer By Joe Brock ABUJA, Dec 10 (Reuters) - Nigeria's state-energy company NNPC hasn't accounted for nearly $5
Read moreNEW YORK, Dec 10 (Reuters) - Light Louisiana Sweet crude for
January delivery at St. James, Louisiana inched slightly lower
on Tuesday barely reacting to news that Shell is on track to
reverse its Texas-to-Louisiana pipeline by year-end. Light Louisiana Sweet
(Updates with detail on tariff filing, 2nd paragraph) By Selam Gebrekidan NEW YORK, Dec 10 (Reuters) - Royal Dutch Shell on Tuesday moved closer to shipping a glut of light sweet oil from Texas to Louisiana after it filed tariffs for its Houston-to-Houma pipeline reversal with federal
Read more* Oil revenue accounts for 80 pct of gov't revenues * Probes have found state-oil firm to lack transparency * Nigeria is Africa's 2nd largest economy, top oil producer By Joe Brock ABUJA, Dec 10 (Reuters) - Nigeria's state-energy company NNPC hasn't accounted for nearly $5
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