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25 Sep 2013 06:06

Gazprom opposes Rosneft and Exxon's Russia LNG plans

YUZHNO-SAKHALINSK, Russia, Sept 25 (Reuters) - Gazprom , faced with rising competition on the liquefied natural gas (LNG) market, voiced strong opposition on Wednesday to plans by Rosneft and Exxon to build their own LNG plant in Russia. Victor Timoshilov, the head of the company's Oriental

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24 Sep 2013 17:49

REUTERS SUMMIT-Gazprom says no talks on gas from Exxon's Sakhalin-1

* Gazprom expects Sakhalin-1 to liquefy own gas * Russia opening up LNG exports to Gazprom's rivals * Gazprom may link China gas deal to Asian products basket * Says no pressure on China deal from Turkmenistan gas (For other news from Reuters Russian and Eastern Europe Investm

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24 Sep 2013 15:51

Italy's new offshore drilling rules risk sidelining independents

* Decree passed this month imposes 12-mile ban around coasts * New measure halves area open to exploration * Small players say they lack resources for deep water areas By Stephen Jewkes and Oleg Vukmanovic MILAN/LONDON, Sept 24 (Reuters) - Italian environmental regulations

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24 Sep 2013 15:05

CORRECTED-Brazil's Cosan says 310,000 tonnes cane damaged by frost

(Corrects name of joint venture to Raizen in third paragraph) SAO PAULO, Sept 24 (Reuters) - Some 310,000 tonnes of Brazilian sugar and ethanol producer Cosan SA Indústria e Comerci's cane crush has been hurt by frost this season, the company's CEO said on Tuesday. "We had one mill t

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24 Sep 2013 14:19

REUTERS SUMMIT-Gazprom says no talks on gas from Exxon's Sakhalin-1

YUZHNO-SAKHALINSK, Russia, Sept 24 (Reuters) - Gazprom has stopped talks over buying gas from the Exxon Mobil-led Sakhalin-1 project after years of fruitless attempts to secure a deal, Gazprom's Deputy Chief Executive Alexander Medvedev told Reuters. The talks had dragged on for years, wit

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24 Sep 2013 10:59

UPDATE 1-Bids on Chevron's Nigeria oil blocks due next week - sources

* Bids for three blocks could top $1 billion - sources * Reserves: 134 mln oil barrels, 5 trln cubic feet gas * Nigerian firms, partnered with foreign firms, to bid * Afren, Maurel & Prom have interest in bids - sources By Joe Brock ABUJA, Sept 24 (Reuters) - U.S.-ba

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24 Sep 2013 10:28

Bids on Chevron's Nigeria oil blocks due next week - sources

ABUJA, Sept 24 (Reuters) - U.S.-based Chevron Corp will gather bids on Sept. 30 from prospective buyers of three oil blocks in the Niger Delta with several local Nigerian firms in the running, industry sources told Reuters on Tuesday. Chevron said in June it would be selling its 40 percent

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23 Sep 2013 12:44

UPDATE 2-Total to start "soft landing" from years of record capital spending

* CFO says organic capex to fall to $24-25 bln in 2015-2017 * Group sticks to oil and gas output of 2.6 mln boepd in 2015 * CFO says asset sale to be closer to $20 bln by 2014 By Andrew Callus and Michel Rose LONDON/PARIS, Sept 23 (Reuters) - Total will start a "soft landi

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23 Sep 2013 09:30

UK's new Dragon LNG deal no guarantee of supply -Qatargas

DUBAI, Sept 23 (Reuters) - Qatargas is not obliged to ship any liquefied natural gas (LNG) to Britain's Dragon import terminal under a five-year agreement announced last week, the world's largest LNG supplier said. Falling domestic gas production has made Britain heavily reliant on imports

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22 Sep 2013 22:42

Shell JV Deer Park, TX refinery reports flaring -filing

HOUSTON, Sept 22 (Reuters) - Royal Dutch Shell Plc's 327,000 barrel per day (bpd) joint-venture refinery in Deer Park, Texas refinery reported flaring on Saturday that released 1,500 pounds of hydrogen sulfide, according to a notice filed with U.S. pollution regulators. Refineries use thei

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21 Sep 2013 16:58

Brazil ready to finance Petrobras in offshore oil auction -paper

RIO DE JANEIRO, Sept 20 (Reuters) - Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the Oct. 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday. The government is also co

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20 Sep 2013 16:54

UPDATE 1-Theft-plagued Nigeria pipeline shuts again-Shell

LONDON, Sept 20 (Reuters) - Royal Dutch Shell has closed a key oil pipeline due to oil theft less than a week after it announced it had reopened, underscoring the huge challenges faced by Africa's largest oil exporter. Leaks from crude oil theft on the Trans Niger Pipeline in Nigeria have c

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20 Sep 2013 16:13

Shell Nigeria oil pipeline closes again-statement

LONDON, Sept 20 (Reuters) - Leaks from crude oil theft on the Trans Niger Pipeline in Nigeria have continued, causing a further shut-in of Bonny Light oil just days after it was re-opened, Shell said on Friday. "Leaks from crude oil theft have continued to force shut-in of key pipelines by

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20 Sep 2013 15:16

UPDATE 1-Shell restarts Iraq's Majnoon oilfield, targets output boost

By Aref Mohammed BASRA, Iraq, Sept 20 (Reuters) - Royal Dutch Shell has restarted production at Iraq's Majnoon oilfield, one of four giant fields core to the country's plans to boost output and avoid a slowdown in exports this year. The Anglo-Dutch major, in charge of operations at t

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20 Sep 2013 13:59

Transneft says CPC ready for Kashagan only in March-April

MOSCOW, Sept 20 (Reuters) - The Caspian pipeline (CPC) will be ready to get commercial oil flows from the newly launched Kazakh Kashagan oilfield only in the spring, a senior official at Russia's oil pipeline monopoly said on Friday, suggesting an alternative route for the oil. "We are coun

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