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By Ernest Scheyder SAYRE, Pa., Aug 28 (Reuters) - As the natural gas industry struggles to cope with depressed prices, Chesapeake Energy Corp has begun shifting a much larger share of transportation and marketing costs to the owners of Pennsylvania land it leases. The largest natural
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The FTSE 100 dropped firmly into the red on Wednesday morning as escalating tensions between Syria and the West spurred a reduction in risk appetite amongst investors. UN weapons inspectors are expected to return to a site in Damascus near where the suspected chemical weapons attack happened last w
Read moreFRANKFURT, Aug 28 (Reuters) - Styrolution, a Germany-based plastics maker jointly owned by BASF and Ineos, expects Ineos to exercise an option next year to buy out BASF. As part of the joint-venture agreement struck in October 2011, Ineos holds the right to buy BASF's 50 percent in Styrolu
Read moreBy Ernest Scheyder SAYRE, Pa., Aug 28 (Reuters) - As the natural gas industry struggles to cope with depressed prices, Chesapeake Energy Corp has begun shifting a much larger share of transportation and marketing costs to the owners of Pennsylvania land it leases. The largest natural
Read moreData showing improving confidence in Germany and the States wasn't enough to lift markets on Tuesday as investor sentiment was rattled by escalating tensions between Syria and the West. Business confidence in Germany improved across the board in August as the Eurozone's largest economy continues to
Read moreAug 27 (Reuters) - Motiva Enterprises LLC said on Tuesday its 235,000 barrel-per-day (bpd) refinery in Convent, Louisiana, is currently operating as planned. The crude distillation unit at the refinery was expected to be shut for at least a month following a fire on a nearby catalytic refor
Read moreOil services stocks were the best performers in London on Tuesday, helped by a confident outlook by sector giant Petrofac. Oil producers were also making decent gains as escalating tensions in the Middle East continued to push crude prices higher - Brent futures were trading at a six-month high toda
Read more* Iraq improves terms for Nasiriya oil, refinery project * Iraq blames Shell for Majnoon delay; Shell cites safety focus * Shell says to open Majnoon oilfield wells in near future By Ahmed Rasheed and Peg Mackey BAGHDAD/LONDON, Aug 27 (Reuters) - Iraq has offered investors
Read moreCAIRO, Aug 27 (Reuters) - French oil major Total said it had agreed to buy the Egyptian retail network of U.S. energy company Chevron, in a move it said would create its biggest marketing and services subsidiary outside Europe. Total said the Chevron network has annual sales of more than 1
Read moreBy Charlie Zhu HONG KONG, Aug 27 (Reuters) - Australia's Arrow LNG, a joint venture between Royal Dutch Shell and PetroChina , is looking at an option of building on a rival's LNG site to restart its own stalled gas export plans, a source close to the situation said. The option could
Read moreAug 26 (Reuters) - Royal Dutch Shell Plc reported it cut feed to a coker and was restarting a wet gas compressor at its 327,000 barrel-per-day Deer Park, Texas, refinery, according to a filing with state pollution regulators. It had reported an upset in a coker gas oil treating unit in a co
Read moreBy Alan Baldwin SPA-FRANCORCHAMPS, Belgium, Aug 25 (Reuters) - Greenpeace activists targeted the Belgian Formula One Grand Prix on Sunday with protests before and after the race against title sponsor Shell's oil exploration activities in the Arctic. A group scaled the main grandstand
Read more* Says Kenya has enquired to buy 1,000 megawatts * Top Chinese firms to bid for country's oil, gas blocks DAR ES SALAAM, Aug 25 (Reuters) - Tanzania, which has made big natural gas discoveries, plans to start power exports to its energy-starved east African neighbours in 2015 after th
Read moreSPA-FRANCORCHAMPS, Belgium, Aug 25 (Reuters) - Greenpeace activists scaled the main grandstand shortly before the start of the Belgian Formula One Grand Prix on Sunday and unfurled a banner protesting against race sponsor Shell's activities in the Arctic. "Arctic Oil? Shell no!" read the ba
Read more* Algerian spot to mid-term tenders attract attention * BG Group, Petronas win two cargoes from Nigeria tender * Fourth Angola cargo rumoured before shutdown * Trinidad offers two September cargoes * Shell delivers first shipment to Israel By Oleg Vukmanovic LO
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