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* Russian pipelines had long been seen as outsiders * Other shipping options complicated by delays, quality * Bottleneck adds to headaches for world's most expensive field By Vladimir Soldatkin and Dmitry Zhdannikov MOSCOW/ALMATY, Aug 8 (Reuters) - Russia has emerged as th
Read more* Executive sees capex this year down to 2.95 bln reais * Second-quarter loss widened from a year earlier SAO PAULO, Aug 8 (Reuters) - Cosan SA Industria e Comercio , Brazil's biggest sugar and ethanol producer, reduced its planned capital expenditures for 2013 by 150 million reais ($
Read moreSAO PAULO, Aug 8 (Reuters) - Cosan SA Industria e Comercio , Brazil's biggest sugar and ethanol producer, posted a surprise second-quarter loss of 198 million reais ($85 million) late on Wednesday. The company attributed the results to the noncash impact of a weaker local currency on dollar
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Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuity upgrades from sell to hold with an unchanged target price of 112p. BBA Aviation: Citi raises target price from 292p to 335p reiterating a buy recom
Read moreAug 7 (Reuters) - Royal Dutch Shell Plc's Shell Oil Co's 156,400 barrel-per-day oil refinery in Martinez, California, is operating as planned, the company said on Wednesday. It had reported an unexpected unit shutdown at the refinery on Sunday, Aug. 4, according to a filing with Contra Cost
Read moreBy Shankar Ramakrishnan Aug 7 (IFR) - Dutch oil and gas giant Shell added some pizzazz to proceedings in the US high-grade primary market on Wednesday by pricing a USD3.75bn three-part transaction that garnered a whopping USD8.9bn order book. In a day when broader market tone was agai
Read more(Updates with DOE approval for Lake Charles LNG exports to non-FTA nations) Aug 7 (Reuters) - A third U.S. liquefied natural gas terminal, in Lake Charles, Louisiana, received approval on Wednesday from the Department of Energy to export domestic natural gas to non-free trade agreement nation
Read moreBy John Balassi Aug 7 (IFR) - A benchmark trade from Dutch oil and gas giant Shell International led the way Wednesday in the US high-grade bond market, which shrugged off the tapering worries weighing on equities with another session of robust issuance. Five issuers in all came to ma
Read more* Stronger dollar makes sugar exports more attractive * Export margins not big enough to change mills' production * Ethanol is more liquid, offers mills better cash flow SAO PAULO, Aug 7 (Reuters) - Sugar and ethanol output from Brazil's biggest sugar and ethanol group Raizen En
Read more* Exports to drop by 500,000 bpd in Sept due to port work * Iraq's SOMO suggests cuts in Basra Light loadings of 25 pct * Start-up of Shell-operated Majnoon oilfield delayed to Oct * Baghdad expects 400,000 bpd production rise by end-2013 By Ahmed Rasheed BAGHDAD, Au
Read moreBAGHDAD, Aug 7 (Reuters) - Iraq's crude oil production reached 3.250 million barrels per day (bpd) at the beginning of August, compared to 2.942 million bpd a year earlier, an oil ministry official said on Wednesday. Iraq expects total production to increase by 400,000 bpd by the end of the
Read moreCALGARY, Alberta, Aug 6 (Reuters) - Canadian heavy crude prices weakened on Tuesday as oil sands production increased and traders braced for planned maintenance that would likely weigh on demand next month. Western Canada Select heavy blend for September delivery last traded at $23.50 per b
Read moreBy John Kemp LONDON, Aug 6 (Reuters) - Shale sceptics have seized on big writedowns in the value of shale gas and oil properties in North America to question whether the fracking revolution could be running into trouble. On Aug. 1, Shell became the latest in a long line of oil and gas
Read moreRaizen Energia SA bought a 10 percent stake in STP, owner of the electronic payment system Sem Parar (non-stop in Portuguese), to allow the tool to be used at Shell gas stations in Brazil, according to a securities filing on Monday. Raizen, the world's largest sugar and ethanol producer, is
Read moreAug 5 (Reuters) - Royal Dutch Shell Plc reported flaring and sulfur dioxide emissions at its 145,000 barrel-per-day (bpd) Puget Sound refinery in Anacortes, Washington, on Aug. 4, according to a filing with the Northwest Clean Air Agency. (Reporting by Shruti Chaturvedi in Bangalore; Editing b
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