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NEW YORK, Oct 4 (Reuters) - Motiva Enterprises LLC said on Friday it has begun to reduce rates at its Norco, Louisiana, and Mobile, Alabama, plants after Tropical Storm Karen delayed shipments of oil. Motiva, a 50-50 joint venture between Royal Dutch Shell and Saudi Aramco, operates a 233
Read moreNEW YORK, Oct 4 (Reuters) - U.S. cash crude grades in the Gulf Coast market fell slightly in thin trading on Friday, reversing some gains recorded on Thursday ahead of Tropical Storm Karen's arrival, traders said. The storm weakened in the Gulf of Mexico and forecasters said the hurricane
Read moreOct 4 (Reuters) - Royal Dutch Shell Plc has had limited production impact from moving nonessential personnel from some offshore facilities, according to its latest website update on Tropical Storm Karen on Friday. The company continues movement of nonessential personnel from some offshore f
Read more* U.S. oil firms planned to meet Iran oil minister at UN * Prepared to invest post-sanctions, if terms attractive * Iran oil minister orders review of oil investment contract * European majors Shell, Total may seek to return By Peg Mackey LONDON, Oct 4 (Reuters) - Th
Read more* Force majeure declared in April due to pipeline shutdown * Theft, leakages cutting 15 percent of Nigerian oil output * Shell says gas supplies improve but force majeure in place ABUJA, Oct 4 (Reuters) - Royal Dutch Shell has lifted a force majeure on Nigerian Bonny Light crude
Read moreABUJA, Oct 4 (Reuters) - Royal Dutch Shell has lifted a force majeure on Nigerian Bonny Light crude oil exports which was declared in April, after the shut down of a 150,000 barrel per day pipeline, the company said on Friday. "The force majeure on Bonny Light exports was lifted effective 1
Read more* November WCS trades at $33.50/bbl below WTI * November synthetic trades at $12.50/bbl below WTI CALGARY, Alberta, Oct 3 (Reuters) - Canadian cash crude
prices weakened on Thursday, extending losses due to robust
production from the oil sands and decreased demand by
refineries.
* Region approves shale exploration in west of country * Ukraine seeks shale gas production * Ukraine aims to cut gas imports from Russia KIEV, Oct 3 (Reuters) - A second regional council in Ukraine on Thursday approved a government draft for a $10 billion shale gas production-s
Read moreLONDON, Oct 3 (Reuters) - Libya's National Oil Corp (NOC) is interested in buying Marathon Oil's stake in one of the North African country's most important joint ventures, Oil Minister Abdelbari Arusi has said. U.S. oil firm Marathon is considering the possible sale of its stake in Libya's
Read moreBy Alan Baldwin YEONGAM, South Korea, Oct 3 (Reuters) - Formula One's governing body has written to team principals assuring them they have no intention of tendering for a sole fuel supplier despite a recent announcement raising the possibility. Leading teams derive substantial sponso
Read more* BP evacuating some workers ahead of low-pressure system in US Gulf * Other oil producers monitoring weather HOUSTON, Oct 2 (Reuters) - A looming low-pressure storm system prompted BP Plc to evacuate workers not essential for production from its four oil and gas platforms in the Gulf
Read more---- NOTE: Reuters has not verified this story and does not vouch for its accuracy.
Read more
A slight bounce in the UK-listed mining sector saw the FTSE 100 rally on Wednesday afternoon but the index still finished firmly in the red, setting a fresh one-month low as political uncertainty in the US and Italy continued to weigh on sentiment. The FTSE 100 finished down 22.51 points at 6,437.5
Read moreRoyal Dutch Shell has announced it has produced oil from the second phase of production at its much sought after Parque das Conchas project offshore Brazil. This phase has seen a fourth reservoir connected to the project's floating production, storage and offloading (FPSO) vessel. The Parque das
Read more* Libya's oil production now at 650,000-700,000 bpd - oil minister * Gas exports to Italy disrupted, pipeline from Wafa field closed for second day * Revising its terms with existing investors * Libya sees next licensing round, new petroleum law next year By Lin NoueihedRead more
