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24 Jun 2013 18:07

US FTC opens investigation into oil pricing, following EU -Bloomberg

NEW 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 without naming any sources. It said the investigation was in a preliminary stage, bu

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24 Jun 2013 14:54

Nigeria arrests workers at Shell contractors over pipeline fire

YENAGOA, Nigeria, June 24 (Reuters) - Nigerian soldiers have arrested eight people working for companies contracted by Royal Dutch Shell, military authorities said, following a pipeline fire that the company blamed on damage caused by oil thieves. Shell's Nigerian unit, Shell Petroleum Deve

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24 Jun 2013 13:43

Shell suspends pipeline maintenance at Pernis refinery

LONDON, June 24 (Reuters) - Royal Dutch Shell said it had suspended maintenance work on a pipeline at its Pernis refinery in Rotterdam after nearby residents complained of bad odours. The maintenance was halted on Saturday after complaints of "oil-gas-like smells" from residents at the town

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24 Jun 2013 13:27

STOCKS NEWS EUROPE-Fed taper talk shaves $1.1 trln off STOXX 600

A total of around 860 billion euros ($1.13 trillion) has been wiped off the value of firms in the benchmark STOXX Europe 600 since U.S. Federal Reserve Chairman Ben Bernanke said on May 22 that a decision to scale back the Fed's quantitative easing programme could come at one of the central bank'

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23 Jun 2013 16:29

Stakeholders brace for White House move on power plant emissions

By Valerie Volcovici WASHINGTON, June 23 (Reuters) - Before President Barack Obama unveils a plan to lower carbon emissions from thousands of existing U.S. power plants, stakeholders on all sides of the issue have attempted to make their mark on the regulations. Electric utilities, en

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22 Jun 2013 17:39

UPDATE 1-Nigeria LNG exports blocked over tax dispute

ABUJA, June 22 (Reuters) - Nigeria is being prevented from exporting liquefied natural gas (LNG) after a maritime security agency blocked and detained ships over a tax dispute, the state-LNG company (NLNG) said on Saturday. The Nigerian Maritime Administration and Safety Agency (NIMASA) on

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21 Jun 2013 14:52

UPDATE 1-Shell may exit more oil leases in Nigeria

LONDON/LAGOS, June 21 (Reuters) - Royal Dutch/Shell is considering a further reduction in its oil production in the eastern Niger Delta, where decades of spills and oil thefts have damaged the region's environment and the reputation of the company. Nigeria's government wants more of its oi

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21 Jun 2013 13:59

CORRECTED-FEATURE-In Alaska's oilfields, drones count down to takeoff (June 7)

(Corrects paragraph 5 to show Gary Shane is a consultant to BP, not an executive) By Krithika Krishnamurthy June 7 (Reuters) - No pilot was required when the Aeryon Scout took off into the leaden skies of Alaska to inspect a stretch of oil pipeline. The miniature aircraft was guided b

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21 Jun 2013 13:44

RPT-Shell says may exit further Nigerian onshore leases

LONDON, June 21 (Reuters) - Anglo-Dutch oil company Royal Dutch Shell said on Friday it may exit further leases in the eastern part of Nigeria's Niger Delta as part of a strategic review. Shell's Nigerian subsidiary, the Shell Petroleum Development Co. of Nigeria Ltd. (SPDC), announced the

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21 Jun 2013 13:36

Shell says may exit further Nigerian onshore leases

LONDON, June 21 (Reuters) - Anglo-Dutch oil company Royal Dutch Shell said on Friday it may exit further leases in the eastern part of Nigeria's Niger Delta as part of a strategic review. Shell's Nigerian subsidiary, the Shell Petroleum Development Co. of Nigeria Ltd. (SPDC), announced the

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21 Jun 2013 08:51

NORWAY GAS-Vesterled restarts, exports to Britain still down

* Norway gas exports total 263 mcm/d * Deliveries to Britain at 63 mcm/d OSLO, June 21 (Reuters) - Norwegian pipeline gas exports to Europe were lower on Friday morning than the previous session's average, despite Vesterled pipeline restarting flows to Britain. Deliveries to continen

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21 Jun 2013 06:22

REFILE-UPDATE 1-Shell to build Philippines' first LNG facility in 2-3 years

* To be a floating facility near Shell's Tabangao refinery * To make final investment decision within 12 months * Gives no investment figures or other details of project MANILA, June 21 (Reuters) - Royal Dutch Shell aims to build the Philippines' first liquefied natural gas (LNG

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21 Jun 2013 04:23

Shell plans to build Philippines' first LNG terminal in 2-3 years

MANILA, June 21 (Reuters) - Royal Dutch Shell said on Friday it plans to build the Philippines' first liquefied natural gas (LNG) import terminal in the next two to three years. "We could make a final investment decision within the next 12 months," Roger Bounds, Vice President Global LNG, s

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20 Jun 2013 20:31

Exxon seeking LNG export license in Canada

HOUSTON, June 20 (Reuters) - Exxon Mobil Corp is seeking a license to export 30 million tonnes of liquefied natural gas (LNG) per year to Asian markets from the coast of British Columbia, according to a regulatory filing in Canada. Exxon and other U.S. energy companies are looking to export

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20 Jun 2013 19:21

FACTBOX - Shutdowns persist among Atlantic Basin refineries

NEW YORK, June 20 (Reuters) - Imperial Oil Ltd said earlier this week it was unable to find a buyer for its refinery in Dartmouth, Nova Scotia, and will instead convert the facility into a terminal operation. The refinery, which employs some 400 staff and contractors, is Imperial's least-pr

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