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2 Oct 2013 08:37

Rig firm Prosafe signs rig extension deals

OSLO, Oct 2 (Reuters) - Prosafe, the world's biggest offshore accommodation rig provider, signed several contract extensions on Wednesday, it said in a statement. It agreed on 61-day, $15.9 million extension with Elf Exploration UK Ltd and also signed a two-week deal worth $5 million with R

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2 Oct 2013 07:23

Wednesday newspaper round-up: Iran, Italy, global economy

Peter Voser, Chief Executive of Royal Dutch Shell, and Christophe de Margerie, his counterpart at France's Total, used the Oil & Money conference in London on Tuesday to highlight the potential energy windfall if sanctions preventing international oil companies from dealing with Tehran were lifted.

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30 Sep 2013 17:43

US Cash Products-Gulf gasoline extends gains

* Gulf gasoline up on refinery work, upcoming grade switch * Chicago gasoline extends gains on supply concerns * Harbor jet fuel falls on incoming supply HOUSTON, Sept 30 (Reuters) - U.S. Gulf Coast gasoline differentials extended last week's gains on Monday on regional refinery work

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30 Sep 2013 14:24

BP mulls long-term oil deal with Rosneft - sources

By Dmitry Zhdannikov LONDON, Sept 30 (Reuters) - BP is working on becoming the first oil major with a long-term deal to buy seaborne crude from Rosneft, trade sources said, after a number of trading houses this year secured large volumes from the Kremlin energy champion. While trading

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30 Sep 2013 14:23

Nigeria hands state power assets to private buyers

* Nigeria selling state power firm for $2.5 billion * Electricity shortages are huge brake on economy * More state power plants to be sold next year By Joe Brock ABUJA, Sept 30 (Reuters) - Nigerian President Goodluck Jonathan handed ownership of the bulk of the state elect

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30 Sep 2013 13:59

Daimler group to spend $500 mln on filling stations for fuel-cell cars

* Major problem for fuel-cell cars is lack of infrastructure * Daimler-led group to invest in German filling stations * Group wants about 400 hydrogen pumps by 2023, up from 15 FRANKFURT, Sept 30 (Reuters) - Daimler and five oil and industrial gas companies will invest about 350

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30 Sep 2013 12:32

REUTERS SUMMIT-Shell warns Gazprom of price risks as LNG expansion delayed

* Shell, Gazprom yet to agree on Russia's sole LNG plant expansion * Shell proposes to use gas for the plant from Gazprom's Sakhalin-3 By Denis Pinchuk YUZHNO-SAKHALINSK, Russia, Sept 30 (Reuters) - Shell, the global leader in liquefied natural gas, urged Gazprom to expand a pla

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30 Sep 2013 05:10

Shell plans to sell stake in Eagle Ford Shale - WSJ

Sept 30 (Reuters) - Royal Dutch Shell plans to sell its 106,000-acre stake in the Eagle Ford shale formation in South Texas, the Wall Street Journal reported on Sunday. Shell's decision comes after it took a $2.2 billion charge against its U.S. shale business in August. Major oil com

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27 Sep 2013 19:06

In Canada's north Atlantic, new oil frontier shows life beyond shale

* Statoil find opens up new basin for offshore Canada * Oil majors Chevron and Shell also exploring new fields * Scarcity of specialised rigs could hamper progress By Nia Williams CALGARY, Alberta, Sept 27 (Reuters) - Statoil's announcement this week of a major oil find o

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27 Sep 2013 00:07

U.S. govt gauges interest in new Chukchi Sea offshore oil leasing

By Yereth Rosen ANCHORAGE, Alaska, Sept 26 (Reuters) - The U.S. government on Thursday started to formally gauge energy companies' interest in future oil and gas leasing in the Chukchi Sea near Alaska, site of a trouble-plagued 2012 exploration season for Royal Dutch Shell Plc. The "C

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26 Sep 2013 12:30

Exxon, Shell may bid in Sri Lanka oil, gas block auction - govt

NEW DELHI, Sept 26 (Reuters) - Oil majors Exxon Mobil Corp , Royal Dutch Shell Plc and France's Total have shown interest in bidding for blocks offered in Sri Lanka's current licensing round, the island nation's upstream regulator said on Thursday. Sri Lanka has tried to reinvigorate oil a

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25 Sep 2013 19:42

Shell Martinez, CA, refinery operating as planned

Sept 25 (Reuters) - Royal Dutch Shell Plc's 156,400 barrel-per-day refinery in Martinez, California, is operating as planned, company spokeswoman Destin Singleton said in an email on Wednesday. The company had contained a propane leak at the refinery last Wednesday. (Reporting by Shruti

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25 Sep 2013 14:32

Swiss traders lured by oil assets in pursuit of scale

* Dearth of M&A activity creates opportunities * Traders seen as "selective" in choice of assets * Investment a way to lock up long-term supplies By Emma Farge GENEVA, Sept 25 (Reuters) - Swiss oil trading houses are investing tens of millions of dollars in oil assets, mor

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25 Sep 2013 12:45

UPDATE 2-Russian energy majors clash as gas export reform looms

* Rosneft, Gazprom trade barbs over LNG projects * Novatek's Timchenko challenges Rosneft-Enel deal * Rivals balk at Sechin's gas ambitions By Denis Pinchuk and Vladimir Soldatkin YUZHNO-SAKHALINSK, Russia/MOSCOW, Sept 25 (Reuters) - R ivalry between Russia's two state ene

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25 Sep 2013 07:27

Rosneft says Exxon's Russia LNG project intact

MOSCOW, Sept 25 (Reuters) - Rosneft on Wednesday dismissed Gazprom's opposition to its liquefied natural gas project with Exxon in Russia, saying the plans are intact for building the plant, increasing the stakes in competition for the lucrative market. "The project implementation will faci

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