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19 Aug 2013 17:29

UPDATE 3-Biggest U.S. oil refinery stumbles after fire

(Recasts to focus on previous problems, adds details on last fire) By Erwin Seba HOUSTON, Aug 19 (Reuters) - The largest oil refinery in the United States was forced to shut key units after a fire this weekend, the latest in a string of mishaps following a $10 billion expansion at the Mot

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19 Aug 2013 14:16

Shell says Motiva Port Arthur TX refinery unit had small fire

Aug 19 (Reuters) - Royal Dutch Shell Plc said a small fire led to the shutdown of an unspecified unit at its joint-venture 600,000 barrel-per-day (bpd) Motiva refinery in Port Arthur, Texas, on Saturday. Shell had earlier said the unspecified unit at the refinery was shut following an oper

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19 Aug 2013 14:01

Mexico's Pemex to explore, exploit shale gas, oil in U.S. -paper

MEXICO CITY, Aug 19 (Reuters) - Mexican state oil monopoly Pemex plans to form a new company to explore for and exploit shale gas and deep-water crude in the United States as it seeks to branch out beyond its borders, the company's CEO said in a newspaper interview. The company should be se

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19 Aug 2013 13:12

Motiva Port Arthur refinery hydrocracker shut after fire-sources

HOUSTON, Aug 19 (Reuters) - A hydrocracking unit was shut on Sunday at Motiva Enterprises 600,000 barrel per day (bpd) Port Arthur, Texas refinery following a Saturday afternoon fire, according to sources familiar with operations at the refinery. The hydrocracker was added to the refinery a

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19 Aug 2013 13:11

UPDATE 1-Shell shuts unit at Motiva Texas refinery

NEW YORK, Aug 19 (Reuters) - Royal Dutch Shell Plc said it shut down an unspecified unit at its joint-venture 600,000 barrel-per-day (bpd) Motiva refinery in Port Arthur, Texas, on Saturday, following an operational problem. "Several units that are integrated to this will run at reduced rate

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19 Aug 2013 12:25

Shell Motiva Port Arthur refinery shuts unit, several at lower rates

Aug 19 (Reuters) - Royal Dutch Shell Plc said its 600,000 barrel-per-day Motiva refinery in Port Arthur, Texas, shut down an unspecified unit following an operational issue on Saturday. "While repairs are being made to this unit, several units that are integrated to this one will run at red

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16 Aug 2013 23:31

UPDATE 1-Petrobras raises $2.1 bln in petrochemical, oil assets sale

SAO PAULO, Aug 16 (Reuters) - Brazilian state-controlled oil company Petróleo Brasileiro SA raised $2.1 billion on Friday from the sale of stakes in several petrochemical and oil exploration projects, making progress in its effort to shed non-core assets and protect cash. Petrobras, as the

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16 Aug 2013 16:04

EXCLUSIVE-Motiva Port Arthur refinery main CDU running at less than full rates due to pipe problems -sources

By Erwin Seba HOUSTON, Aug 16 (Reuters) - The newest and largest crude distillation unit at Motiva Enterprises 600,000 barrel per day (bpd) Port Arthur, Texas, refinery has been running at reduced production levels since February due to a problem with a pipe on the unit, according to source

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16 Aug 2013 10:49

STOCKS NEWS EUROPE-Total takes BP's No 2 spot in Europe

The market value of Total - which recently posted its first quarterly oil and gas production rise in three years - has overtaken BP's for the first time since 2011, making the French oil major Europe's No2 integrated oil company by market capitalisation after Ango-Dutch group Shell . By 09

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16 Aug 2013 08:32

RPT-Widening pension gap looms large for Europe's top firms

By Sarah Mortimer LONDON, Aug 15 (Reuters) - Six of Europe's top 10 companies by revenue are sitting on pension liabilities bigger than a quarter of their stock market value, a Reuters survey has found, highlighting the precarious state of schemes funding the retirements of thousands. Read more

15 Aug 2013 16:37

UPDATE 1-Magellan acquires Houston-area oil pipeline from Shell

Aug 15 (Reuters) - Magellan Midstream Partners LP said on Thursday it acquired from Shell Pipeline Co LP a 150,000 barrel per day (bpd) bi-directional crude oil pipeline running from the Genoa Junction in the Houston area to Magellan's East Houston terminal. Magellan said the 16-inch diame

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15 Aug 2013 16:35

CORRECTED-Magellan says acquires Houston-area oil pipeline

(Corrects headline and 1st paragraph to make clear the line runs from the Genoa Junction in the Houston area to Magellan's East Houston terminal, not from the Eagle Ford oil fields to Houston) Aug 15 (Reuters) - Magellan Midstream Partners LP said on Thursday it acquired a 150,000 barrel p

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15 Aug 2013 16:21

RPT-Widening pension gap looms large for Europe's top firms

By Sarah Mortimer LONDON, Aug 15 (Reuters) - Six of Europe's top 10 companies by revenue are sitting on pension liabilities bigger than a quarter of their stock market value, a Reuters survey has found, highlighting the precarious state of schemes funding the retirements of thousands. Read more

15 Aug 2013 15:47

Egypt oilfields still open but companies on alert

LONDON, Aug 15 (Reuters) - Egyptian oil and gas production by major companies including BP and BG has been unaffected by the crisis in Egypt, although Royal Dutch Shell has closed its office for the next few days and restricted business travel there. "Operations and production are unaffect

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15 Aug 2013 15:22

MARKET PULSE-Cisco, Wal-Mart, Volterra, WSP Holdings, Third Point Re

(For more market insights, including options activity, click on STXNEWS/US; for The Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/tuq42v) Aug 15 (Reuters) - Some U.S. stocks on the move on Thursday: WALL STREET SLID

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