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July 18 (Reuters) - Royal Dutch Shell Plc reported a unit shutdown at its 156,400 barrel-per-day refinery in Martinez, California, on July 14, according to a filing with the Contra Costa Health Services made public on Thursday. (For refinery outages in the Reuters Oil FundamentalsDatabase s
Read moreLONDON, July 18 (Reuters) - Royal Dutch/Shell's steps to close down production at its Auger platform in the Gulf of Mexico have been completed, according to an emailed statement from a spokeswoman. Shell announced the shutdown of the 55,000 barrels a day facility on Wednesday so that it c
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Nomura has downgraded its rating for oil major Royal Dutch Shell from 'buy' to 'neutral', saying that there's an absence of clear positive catalysts. With the benefits of earnings integration from Pearl GTL (gas-to-liquids) plant in Qatar earlier this year now priced in, Nomura sees little scope fo
Read moreNomura has downgraded its rating for oil major Royal Dutch Shell from 'buy' to 'neutral', saying that there's an absence of clear positive catalysts. "In conjunction with our upgrade of Total, we lower our rating for Shell. We do little to our estimates except mark to market for Q2 numbers. We do n
Read moreMarkets opened in positive territory on Thursday morning as investors continued to digest comments by Federal Reserve Chairman Ben Bernanke last night. He said that the Fed's $85bn-a-month asset purchase programme is "by no means on a pre-set course", saying that it very much depends on the econom
Read moreLONDON, July 17 (Reuters) - Royal Dutch/Shell is shutting down production at its Auger platform in the Gulf of Mexico while it hooks up its new Cardamom oilfield to the two-decade old platform's infrastructure. A Shell spokeswoman said on Wednesday the company began work this week on the sh
Read moreLONDON, July 17 (Reuters) - Europe's biggest oil company Royal Dutch Shell said a project to get oil pumping from its Cardamom field in the Gulf of Mexico would involve using existing infrastructure to help keep costs down. Shell said on Wednesday that it would shut down production at its A
Read moreLONDON, July 17 (Reuters) - The North Caspian Operating Company, developer of the much-delayed Kashagan offshore project in Kazakhstan, said on Wednesday it had introduced gas to its artificial island and lit its flare. "This achievement brings the project a step closer to the start of prod
Read moreJuly 17 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has maintained OJSC OC Rosneft's (Rosneft) and TNK-BP International Ltd's (TNK-BP) Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'BBB' on Rating Watch Negative (RWN). A f
Read more(Updates Wuhan) BEIJING, July 17 (Reuters) - Top Asian refiner Sinopec Corp will start operation of an 800,000 tonnes per year (tpy) joint venture ethylene complex with South Korea's SK Group by the end of July, an industry source said on Wednesday. China, keen to cut its import depend
Read moreSINGAPORE, July 17 (Reuters) - Exports of light sweet Sokol and Vityaz crude from offshore Sakhalin Island in Russia will fall by a third to 5.69 million barrels in September due to scheduled maintenance, sources familiar with the matter said on Wednesday. The reduction in supply coupled wi
Read moreLONDON, July 16 (Reuters) - China National Offshore Oil Corp (CNOOC) signed its 200th production-sharing contract with a foreign partner on Tuesday, teaming up with BP to drill in the South China Sea. The landmark demonstrates China's drive to develop its own oil and gas resources at the sa
Read moreJuly 15 (Reuters) - Motiva Enterprises said its 600,000 barrel-per-day Port Arthur, Texas, refinery, returned to normal operations following a planned shutdown on July 10. The refinery had shut a gasoline-making fluid catalytic cracking unit (FCC) earlier. (Reporting by Shruti Chaturvedi
Read more* Elumelu has committed $2.5 bln to Obama Africa power plan * In talks with majors to buy two large onshore oil blocks By Tim Cocks LAGOS, July 15 (Reuters) - Nigerian businessman Tony Elumelu is negotiating with several oil majors to buy two onshore oil and gas assets he will u
Read moreSoftware stocks were in the red on Monday with steep falls from heavyweights Sage and AVEVA weighing on the sector as it pulled back from strong gains on Friday. Equities in the software sector rose at the end of last week after M&A activity prompted some bullish moves. Technology group Invensys co
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