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31 Oct 2013 06:01

Petronas, partners in new gas finds in SE Asia, Australia

KUALA LUMPUR, Oct 31 (Reuters) - Malaysian state oil firm Petroliam Nasional Bhd (Petronas) said on Thursday the company and its partners have discovered new gas reserves in Malaysia, Indonesia and Australia. Petronas, which has ramped up exploration activities to mitigate declining domesti

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30 Oct 2013 17:01

Mexico to keep pumping Pemex for tax money despite promised reforms

By David Alire Garcia MEXICO CITY, Oct 30 (Reuters) - Saddled with a tax rate of almost 100 percent, Mexican state oil company Pemex hands over so much cash to the government that it has only a fraction of the money it needs to invest in production and exploration. So hopes were high

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30 Oct 2013 13:34

UPDATE 1-Ukraine to sign $10 billion shale deal with Chevron

* Shale deal will be second for Ukraine * Ukraine seeks gas independence from big supplier Russia KIEV, Oct 30 (Reuters) - Ukraine said on Wednesday it will sign a $10 billion shale gas production-sharing agreement with U.S. energy major Chevron next week - its second such deal this y

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30 Oct 2013 11:14

Europe's high-yielding stocks poised for year-end boost

* Dividends back in vogue with interest rates seen staying low * Valuations favour high yielders after year-to-date price lag * Insurers dominate screen to top-quality dividend payers By David Brett LONDON, Oct 30 (Reuters) - Investors are buying European stocks that pay h

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29 Oct 2013 15:43

Gabon awards 13 offshore oil and gas blocks to 11 firms

LIBREVILLE, Oct 29 (Reuters) - Gabon has awarded oil and gas blocks to 11 companies as part of a deepwater licensing round, which the Central African country hopes will boost oil production to 500,000 barrels per day, the oil minister said on Tuesday. "The government is aiming for 500,000 b

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29 Oct 2013 12:30

UPDATE 1-South Africa eyes free 20 pct stake in new oil, gas ventures

By Wendell Roelf CAPE TOWN, Oct 29 (Reuters) - South Africa's government aims to take a 20 percent stake without payment in new gas and oil exploration and production ventures under proposed legislation, the Department of Mineral Resources said on Tuesday. If the legislation is passed

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29 Oct 2013 11:22

South Africa eyes free 20 pct stake in new oil, gas ventures

CAPE TOWN, Oct 29 (Reuters) - South Africa's government aims to take a 20 percent stake without payment in new gas and oil exploration and production ventures under proposed legislation, the Department of Mineral Resources said on Tuesday. If the legislation is passed, large sums of money c

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29 Oct 2013 11:15

CORRECTED-REUTERS SUMMIT-Credit Suisse sees Qatar fund in emerging markets push

(Corrects penultimate paragraph to say first fund officially launched in 2013, not 2012) * Credit Suisse has close ties to Qatar sovereign fund * Sees it diversifying investments beyond U.S., Europe * May put more focus on real estate, infrastructure, commodities * Attract

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29 Oct 2013 10:22

Russian government committee approves LNG exports liberalisation

* Russia aims for LNG exports liberalisation from next year * Government yet to send proposal to parliament MOSCOW, Oct 29 (Reuters) - A Russian government committee on Tuesday approved amendments to a law to end Gazprom's monopoly on liquefied natural gas (LNG) exports which supporters

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29 Oct 2013 06:37

Oil products terminal eyed in Brisbane - energy minister

SINGAPORE, Oct 29 (Reuters) - A terminal for oil products could be set up in Brisbane in Australia, a government official said on Tuesday, as the country readies for a slump in its refining capacity and a surge in fuel imports. Australia's refining capacity is set to decline by at least a q

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28 Oct 2013 14:35

INSIGHT-Water, wealth and whites - S.Africa's potent anti-fracking mix

By Ed Cropley NIEU-BETHESDA, South Africa, Oct 28 (Reuters) - Stretching across the heart of South Africa, the Karoo has stirred emotions for centuries, a stunning semi-desert wilderness that draws artists, hunters and the toughest of farmers. It is now rousing less romantic passions.

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28 Oct 2013 14:15

UPDATE 1-EU environment ministers call for action on climate

* US, China embracing green growth -British minister * Carbon market structural reform required * Commission expected to publish proposals around year-end By Barbara Lewis and Nina Chestney BRUSSELS/LONDON, Oct 28 (Reuters) - Thirteen European environment ministers urged t

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28 Oct 2013 10:31

EU environment ministers call for action on climate policy

* Ambitious EU climate target for 2030 needed * Carbon market structural reform required LONDON, Oct 28 (Reuters) - Thirteen European environment ministers and dozens of business leaders urged the European Union on Monday to adopt "ambitious" energy and climate goals for 2030 to creat

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28 Oct 2013 06:55

Fund giants take divergent views over PetroChina graft probe

By Nishant Kumar and Muralikumar Anantharaman HONG KONG, Oct 28 (Reuters) - A graft investigation focused on PetroChina, Asia's largest energy company by market value, has prompted starkly different reactions from two of Asia's top fund managers. Shares in PetroChina, have fallen 10 p

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26 Oct 2013 20:16

REFILE-Libya says U.S. firm Marathon to stay, eyes Algeria gas deal

* Foreign investors concerned about post-Gaddafi turmoil * Minister confirms Marathon to stay * Says South Africa, Brazil interested in developing ties By Ulf Laessing TRIPOLI, Oct 26 (Reuters) - U.S. firm Marathon Oil will continue operating in Libya after giving up plan

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