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6 Dec 2013 12:06

Eni CEO says unlikely Kashagan re-start delayed to 2015

MILAN, Dec 6 (Reuters) - Oil production from Kazakhstan's Kashagan field is unlikely to be delayed to 2015 after output from the world's biggest crude discovery in half a century was halted due to a gas leak, the CEO of Italy's energy group Eni said on Friday. Eni is part of the North Casp

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6 Dec 2013 11:31

London midday: Markets bounce back ahead of US data

- FTSE 100 rebounds from worst level in eight weeks - Oil, housing stocks provide a lift - Markets focus on non-farm payrolls ahead of Fed meeting techMARK 2,657.20 +0.34% FTSE 100 6,536.26 +0.58% FTSE 250 15,210.58 +0.35% Strong gains in oil and housing sectors were providing a lift in London on

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6 Dec 2013 08:52

London open: Housing, oil stocks help markets rebound from eight-week low

- Housing and oil stocks provide a lift - Focus on Fed ahead of non-farm payrolls - Berkeley jumps as strong housing demand boosts H1 results techMARK 2,650.07 +0.07% FTSE 100 6,518.46 +0.31% FTSE 250 15,166.21 +0.06% The FTSE 100 rebounded slightly on Friday from an eight-week low, as bargain hu

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6 Dec 2013 07:33

Friday newspaper round-up: Mandela, Shell, M&S

Nelson Mandela, who led his country to democracy after serving 27 years in prison, has died aged 95. President Zuma of South Africa said in a televised address: "The founding father of our nation has departed. May his soul rest in peace. God bless Africa." Mr Mandela, the anti-apartheid icon who bec

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5 Dec 2013 23:39

GE CEO says no plans to buy oil or natural gas producer

NEW YORK, Dec 5 (Reuters) - General Electric Co has no plans to buy an oil or natural gas producer, Chief Executive Jeff Immelt told Reuters on Thursday. Ever since the conglomerate bought oil pump maker Lufkin earlier this year for nearly $5 billion, speculation has swirled on Wall Street

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5 Dec 2013 21:23

UPDATE 2-Shell cancels U.S. gas-to-liquids plant as costs rise

By Edward McAllister and Julia Edwards NEW YORK, Dec 5 (Reuters) - Royal Dutch Shell said on Thursday it has canceled a proposed gas-to-liquids (GTL) plant in Louisiana less than two years after the plan surfaced as costs rose and the company reins in spending. The project, which woul

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5 Dec 2013 19:21

UPDATE 1-Shell cancels U.S. gas-to-liquids plant as costs rise

NEW YORK, Dec 5 (Reuters) - Royal Dutch Shell said on Thursday it has canceled a proposed gas-to-liquids (GTL) plant in Louisiana as costs rose and the company reins in spending. The project, which would have converted natural gas to gasoline and other refined products, was expected to cost

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5 Dec 2013 18:32

UPDATE 3-Eni's CEO first to meet with Iran oil minister

By Alex Lawler VIENNA, Dec 5 (Reuters) - Paolo Scaroni of Italy's Eni met with Iranian Oil Minister Bijan Zanganeh on Thursday, the first Western oil CEO to do so publicly with the minister since last month's interim nuclear deal. The meeting, in the minister's Vienna hotel suite fol

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5 Dec 2013 18:14

Shell pulls out of gas-to-liquids project in Gulf Coast

Dec 5 (Reuters) - Royal Dutch Shell Plc said it would not move forward with its proposed 140,000 barrel per day Gulf Coast gas-to-liquids (GTL) project in Louisiana, despite ample supplies of natural gas in the area. Shell said it would suspend any future work on the project as GTL was not

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5 Dec 2013 16:44

Major companies plan for U.S. carbon emissions fee, report says

By Valerie Volcovici WASHINGTON, Dec 5 (Reuters) - Major U.S. companies, from Wal-Mart and Google Inc. to Shell and ExxonMobil, are including future charges for carbon emissions in their strategic plans, according to a report released on Thursday. The non-profit Climate Disclosure Pro

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5 Dec 2013 01:15

UPDATE 1-Shell charts return to offshore Alaska drilling in July

Dec 4 (Reuters) - Royal Dutch Shell Plc aims to return to Alaskan offshore drilling next July by deploying an upgraded drillship in the Chukchi Sea, while keeping a newly contracted backup drillship ready if needed, according to plans released on Wednesday. The Noble Discoverer, now undergo

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4 Dec 2013 20:48

Shell charts return to offshore Alaska drilling in July

Dec 4 (Reuters) - Royal Dutch Shell Plc will return to Alaskan offshore drilling next July and will deploy an upgraded drillship in the Chukchi Sea, while keeping a newly contracted backup drillship ready if needed, according to plans released on Wednesday. The Noble Discoverer, now undergo

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4 Dec 2013 16:47

UPDATE 6-Egypt woos Gulf investors, promises repayments to oil firms

* Government says it owes $6 billion to foreign oil firms * Egypt needs Gulf aid, renewal of confidence in economy * Foreign reserves under pressure since Mubarak fell By Asma Alsharif and Shadia Nasralla CAIRO, Dec 4 (Reuters) - Egypt promised on Wednesday to pay $1.5 bil

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4 Dec 2013 13:31

UPDATE 1-Iran names 7 Western oil companies it wants to return

By Alex Lawler and Peg Mackey VIENNA, Dec 4 (Reuters) - Iran on Wednesday named seven Western oil companies it wants back in its vast oil and gas fields once international sanctions are lifted and said it would offer contract terms in April next year. Iranian Oil Minister Bijan Zangan

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4 Dec 2013 10:56

Iran names Western oil companies it wants to invest in Iran

By Alex Lawler VIENNA, Dec 4 (Reuters) - Iran on Wednesday named seven western oil companies it would like to see invest in Iran's vast oil and gas sector once international sanctions are lifted Iranian Oil Minister Bijan Zanganeh named in order: Total of France, Anglo-Dutch Shell, It

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