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By Yereth Rosen ANCHORAGE, Alaska, June 28 (Reuters) - No one will drill in Arctic waters off Alaska this year, but there is still plenty of offshore work for the oil industry to do when conditions finally allow it next month. Royal Dutch Shell Plc, which canceled its 2013 Arctic offs
Read moreJune 28 (Reuters) - Royal Dutch Shell Plc said Friday that its 156,400 barrel-per-day refinery in Martinez, California, has returned to normal operations and is now fully operational following an unspecified unit upset. The company had reported a unit upset at the refinery on Thursday. <
Read more* China seen winner of major field stake in three sided deal * Deal under discussion as more Kazakh crude heads east * Stake price seen at $5.3-$5.4 billion ALMATY/MOSCOW, June 28 (Reuters) - China is the likely winner of ConocoPhillips' share in Kazakhstan's Kashagan field, giv
Read moreALMATY/MOSCOW, June 28 (Reuters) - China is the likely winner of ConocoPhillips' stake in Kashagan, the biggest oilfield discovered in nearly 50 years, three sources familiar with the talks said on Friday. The sale could be a complex three-sided one, with state oil company Kazmunaigas takin
Read moreOSLO, June 28 (Reuters) - Gas output from Norway, the European Union's biggest gas supplier last year, will be sharply reduced on Friday because of unexpected outages, Statoil and gas system operator Gassco said separately. Royal Dutch Shell's Nyhamna gas plant, which processes gas from th
Read more(Adds Sinopec Qingdao, re-arranges table) BEIJING, June 28 (Reuters) - Top Asian refiner Sinopec Corp has proposed a $3.1 billion ethylene plant in east China that would be its first plant to use natural gas and liquefied petroleum gas (LPG) as a petrochemical feedstock. Sinopec may be
Read moreOSLO, June 28 (Reuters) - Gas output from Norway, the European Union's biggest gas supplier last year, will be sharply reduced on Friday because of unexpected outages, Statoil and gas system operator Gassco said separately. Royal Dutch Shell's Nyhamna gas plant, which processes gas from th
Read moreBy Sabrina Lorenzi and Jeb Blount RIO DE JANEIRO, June 27 (Reuters) - A proposed change to rules governing the auction of Brazil's giant offshore oil fields, part of legislation rushed through Congress amid nationwide street protests, has caught the country's oil industry off guard, the hea
Read moreOSLO, June 27 (Reuters) - Royal Dutch Shell's giant Ormen Lange natural gas field in the Norwegian North Sea suffered a power dip on Thursday and will ramp up production over the next 24 hours, the Nordic power bourse said in a market message. Ormen Lange, which gets its power from the nati
Read more* Shell, Total, Eni own stake in Nigeria LNG * NLNG says it is exempt from shipping levies * Nigeria accounts for 7 pct of global LNG supply By Joe Brock ABUJA, June 27 (Reuters) - Nigeria's liquefied natural gas (LNG) exports have been blocked for a sixth day by the marit
Read moreABUJA, June 27 (Reuters) - Nigeria's liquefied natural gas (LNG) exports have been blocked for a sixth day by the maritime security agency due a dispute over shipping levies, the state LNG firm said on Thursday. The Nigerian Maritime Administration and Safety Agency (NIMASA) is stopping LNG
Read moreTOKYO, June 27 (Reuters) - Showa Shell Sekiyu KK plans to refine 2 percent less crude oil to meet domestic demand between July and September, compared with a year earlier, Japan's fifth-largest refiner said in a statement on Thursday. The company did not disclose a projection of crude refi
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African Barrick Gold: Morgan Stanley reduces target price from 200p to 140p, while leaving its equal-weight rating unaltered. Deutsche Bank lowers target price from 153p to 137p leaving its hold recommendation unchanged. African Minerals: Deutsche Bank lowers target price from 586p to 570p, while k
Read moreJAKARTA, June 25 (Reuters) - Construction delays are likely to push back the start of production at the Abadi gas field in eastern Indonesia, operated by Japan's Inpex, until 2019, the country's upstream oil and gas regulator said. The Abadi Floating LNG terminal was originally slated for s
Read moreNEW YORK, June 24 (Reuters) - The U.S Federal Trade Commission has followed the European Union in opening a formal probe into how crude oil and refined fuel prices are set, Bloomberg News reported on Monday. It said the investigation was in a preliminary stage, but would likely broaden. The
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