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10 Sep 2013 21:57

Canada crude - Maintenance work weighs on prices

CALGARY, Alberta, Sept 10 (Reuters) - Canadian cash crude prices weakened on Tuesday as planned and unplanned refinery maintenance reduced demand, prompting some traders to predict further discounts ahead. Western Canada Select heavy grade for October delivery last traded at $24.95 per barr

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10 Sep 2013 12:06

WH UPDATE 2-Russia's Novatek gets China LNG backing, export reforms eyed

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10 Sep 2013 10:40

Russia's Transneft says Caspian pipeline expansion running late

By Vladimir Soldatkin MOSCOW, Sept 10 (Reuters) - A major expansion of the first private pipeline in the former Soviet Union is running up to one year behind schedule, a Russian shareholder said, complicating oil exports from the Caspian Sea region ahead of a jump in output. Oil major

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9 Sep 2013 18:15

Sector movers: Oil and gas stocks fall after delays at BG Group

Oil and gas stocks were firmly in the red on Monday as project delays from natural gas giant BG Group and falling crude prices dampened sentiment across the sector. BG, the 13th largest listed company in the UK by market capitalisation, slumped today after scaling back its production guidance for n

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9 Sep 2013 13:29

Iraq's Majnoon oilfield to begin producing 175,000 bpd next month

BAGHDAD, Sept 9 (Reuters) - Iraq's giant Majnoon oilfield, run by Royal Dutch Shell, will start up production next month at a rate of 175,000 barrels per day (bpd), an oil ministry spokesman said on Monday. Majnoon is one of four giant southern fields vital to Iraq's ambition to at least do

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9 Sep 2013 09:04

STOCKS NEWS EUROPE-BG top European faller after 2014 production hit

UK-listed gas company BG drops 4.1 percent, the top FTSE 100 faller, after saying that project delays in Egypt and Norway would hit next year's output. The gas firm also falls to the foot of the pan-European FTSEurofirst 300 , dropping to a two-week low after announcing a reduction in 2014

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6 Sep 2013 22:21

US WCoast Products - Gasoline climbs on shut cracking unit - trade

HOUSTON, Sept 6 (Reuters) - Gasoline climbed 9 cents a gallon in the Los Angeles spot market on Friday after traders said Tesoro Corp.'s 166,000 barrel per day (bpd) Martinez, California, refinery shut the gasoline-producing fluidic catalytic cracking unit after a malfunction. A Tesoro spok

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6 Sep 2013 16:55

REFILE-Shell to pay $1.1 mln in fines for Arctic air-quality violations

By Yereth Rosen ANCHORAGE, Alaska, Sept 6 (Reuters) - Shell has agreed to pay $1.1 million for air-quality violations from the vessels it used to drill two oil-exploration wells in Arctic waters off Alaska last year, federal regulators said. Shell will pay the civil fines for Clean Ai

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6 Sep 2013 16:43

Baghdad, Big Oil on alert for retaliation to a Syria strike

By Isabel Coles and Peg Mackey ARBIL, Iraq/LONDON, Sept 6 (Reuters) - Baghdad and foreign oil companies at work in Iraq's giant oilfields are adopting extra security measures in anticipation of retaliatory attacks if the United States strikes neighbouring Syria, industry sources said on Fri

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6 Sep 2013 13:33

Britain's ageing North Sea oilfields need flexible tax, collaboration

* Oil and gas output has plunged by two thirds since 2000 * Norway has had tax-based exploration incentive since 2005 * Review led by Ian Wood has scope to promote collaboration By Sarah Young ABERDEEN, Scotland, Sept 6 (Reuters) - Norwegian-style tax breaks for exploratio

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6 Sep 2013 08:21

Ukraine says Eni shows interest in exploring Black Sea gas fields

KIEV, Sept 6 (Reuters) - Italian oil and gas group Eni has expressed interest in exploring gas deposits on the Black Sea shelf, Ukrainian Energy Minister Eduard Stavytsky said on Friday. Stavytsky told the Ukrainian parliament that the Italian group might explore shallow shelf areas, but g

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5 Sep 2013 21:41

RPT-Oil firms rein in spending to save cash for dividends

* Oil investment growth slows sharply * Onshore investments seen hurting most * Ultra-deepwater segment seen best placed for growth By Henrik Stolen, Gwladys Fouche and Balazs Koranyi OSLO, Sept 5 (Reuters) - Oil and gas firms are cutting back on investments to try and imp

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5 Sep 2013 20:11

US WCoast Products -California gasoline up on refinery upsets

HOUSTON, Sept 5 (Reuters) - California wholesale gasoline differentials extended gains on Thursday on upsets at two refineries, traders said. Phillips 66 also reported the breakdown of a wet gas compressor at its Los Angeles-area 139,000 barrel-per-day refinery in Wilmington, according to r

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5 Sep 2013 15:44

Shell reports oxygen sensor failure at Martinez, CA, refinery

Sept 5 (Reuters) - Royal Dutch Shell Plc reported flaring due to oxygen sensor failure at its 156,400 barrel-per-day refinery in Martinez, California, according to a filing with Contra Costa Health Services. The oxygen sensor trip led to shutdowns on Thursday, the filing added. The co

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5 Sep 2013 15:20

FTSE 100 movers: M&S leaps after HSBC upgrade

High Street department store Marks & Spencer surged today after HSBC upgraded the stock from 'neutral' to 'overweight', saying it is the most operationally geared among its peers to play on the UK consumer recovery. Hotels group IHG was also a high riser after UBS raised its rating from 'neutral to

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