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17 Oct 2013 23:59

RPT-COLUMN-Sceptics are wrong to bet against shale expansion: Kemp

By John Kemp LONDON, Oct 17 (Reuters) - Sceptics are too quick to dismiss the potential expansion of horizontal drilling and hydraulic fracturing to other shale areas in the United States and around the world. Based on early setbacks and the slow rate of progress outside Bakken and Ea

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17 Oct 2013 23:28

UPDATE 4-TransCanada gas deliveries resume after oil sands output disrupted

* Gas line rupture cuts supply to oil sands projects * Suncor, Syncrude, Canadian Natural, Imperial cut production * Late in day, TransCanada says gas supplies resuming * Canadian oil prices strengthen * Other oil sands operators say no impact from rupture By Scott H

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17 Oct 2013 13:08

COLUMN-Sceptics are wrong to bet against shale expansion: Kemp

By John Kemp LONDON, Oct 17 (Reuters) - Sceptics are too quick to dismiss the potential expansion of horizontal drilling and hydraulic fracturing to other shale areas in the United States and around the world. Based on early setbacks and the slow rate of progress outside Bakken and Ea

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17 Oct 2013 12:14

Shell reports restarting unit at Scotford, Alberta, refinery

Oct 17 (Reuters) - Royal Dutch Shell Plc reported it was restarting a unit at its Scotford facility near Edmonton, Alberta, according to a message posted on a community information line on Thursday. There could be intermittent flaring over the next 24 hours, but there is no material impact

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17 Oct 2013 08:34

UPDATE 1-Nigeria pipeline partly reopened, force majeure still in place

(Adds detail) LONDON/BANGALORE Oct 17 (Reuters) - Shell has re-opened part of its Trans Niger Pipeline although other parts remain closed and a force majeure on Bonny Light crude which it carries remains in place, the company said on Thursday. "The Shell Petroleum Development Company

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15 Oct 2013 09:26

UPDATE 1-S.Korea's KOGAS considering selling 5-10 pct stake in LNG Canada -CEO

* KOGAS currently holds 20 pct stake in LNG Canada project * Concrete progress over sales plan to be made early 2014 By Jane Chung DAEGU, South Korea, Oct 15 (Reuters) - Korea Gas Corp (KOGAS) is considering selling 5 to 10 percent of its stake in the LNG Canada project, in whic

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15 Oct 2013 06:40

Woodside says may build 3 floating LNG plants for Browse

By Florence Tan DAEGU, South Korea Oct 15 (Reuters) - Woodside Petroleum could build three floating liquefied natural gas (LNG) plants for its Browse project, the chief executive of Australia's biggest oil and gas firm said on Tuesday. The firm, which plans to make a final investment

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15 Oct 2013 05:42

Shell CEO says shale gas to take longer to develop than expected

DAEGU, South Korea, Oct 15 (Reuters) - Royal Dutch Shell CEO Peter Voser said it will take a longer time than expected for the company to reap benefits from its shale gas projects due to poor short-term results. Weak U.S. shale liquids production contributed to a $2.2 billion charge Shell

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14 Oct 2013 19:03

Dominican Republic's Refidomsa to buy 800,000-2.3 mln bbl of fuel oil for 2014 -tender

HOUSTON, Oct 14 (Reuters) - The Dominican Republic's 34,000 barrels per day refinery Refidomsa has launched a tender to buy 800,000-2.3 million barrels of fuel oil, to be received during 2014 at its Rio Haina harbour, according to a document seen by Reuters on Monday. This is the second ten

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14 Oct 2013 14:18

UPDATE 2-Norway orders review of $790 bln wealth fund

* Review comes after criticism fund is too big, unresponsive * Norway often bars sovereign wealth fund from investments * Asks for greater scrutiny of Shell and Eni in Niger Delta * Fund will also raise concerns with AngloGold By Balazs Koranyi OSLO, Oct 14 (Reuters)

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14 Oct 2013 11:00

RPT-Brazil ethanol exports to U.S. at risk if EPA eases blend rule

By Cezary Podkul and Fabiola Gomes NEW YORK/SAO PAULO, Oct 11 (Reuters) - U.S. imports of Brazilian sugar cane ethanol could be cut by more than half if a draft proposal to reduce next year's U.S. biofuel blending mandate is enacted. While the U.S. corn-based ethanol industry has issu

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14 Oct 2013 09:20

CORRECTED-UPDATE 1-Norway oil fund to sell holdings on environmental concerns

(Corrects to show that Shell and ENI not placed on formal observation) * Norway often bars sovereign wealth fund from investments * Asks for greater scrutiny of Shell and Eni in Niger Delta * Fund will also raise concerns with AngloGold OSLO, Oct 14 (Reuters) - Norway's go

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14 Oct 2013 09:05

CORRECTED-Norway's $790 bln fund to exclude 5 from investment list

(Corrects to show that Shell and ENI not put on formal observation) OSLO, Oct 14 (Reuters) - Norway's government has barred its $790 billion oil fund from investing in five companies due to ethical issues and placed another two on observation for environmental issues, the finance ministry s

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14 Oct 2013 08:35

UPDATE 1-Italy's ERG plans to expand wind power in Brazil

By Giancarlo Navach VIENNA, Oct 13 (Reuters) - Italian energy group ERG plans to invest in wind power in Brazil and Europe, accelerating its expansion in the sector after its recent decision to exit the refining sector. ERG, over 60 percent controlled by Italy's Garrone family, compl

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14 Oct 2013 08:00

Italy's ERG looking to Brazil for wind growth

VIENNA, Oct 13 (Reuters) - Italian energy group ERG is planning to expand its geographical footprint in the wind power business by buying into Brazil and expanding in Europe after it agreed last week to exit the refining sector. "This company must look to growth and, since we are now the b

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