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11 Jun 2013 03:11

Japan's Showa Shell shuts Yokkaichi CDU for turnaround

TOKYO, June 11 (Reuters) - Japan's fifth-largest refiner, Showa Shell Sekiyu KK, shut the 135,000 barrels per day (bpd) No. 3 crude distillation unit (CDU) at its Yokkaichi refinery on June 8 for scheduled maintenance, a company spokeswoman said. The maintenance will end in late July, the s

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10 Jun 2013 16:31

UPDATE 2-India ONGC announces Mozambique gas field deal then withdraws statement

* Indian companies still pursue 10 pct Anadarko stake-source * Deal value of $2.5 bln in withdrawn statement in line with expectations By Sumeet Chatterjee and Nidhi Verma MUMBAI/NEW DELHI, June 10 (Reuters) - Indian state company ONGC withdrew a statement issued on Monday sayin

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10 Jun 2013 16:07

India's ONGC withdraws statement on Mozambique gas field stake buy

MUMBAI/NEW DELHI, June 10 (Reuters) - Indian state company ONGC withdrew a statement issued earlier on Monday saying its ONGC Videsh unit and Oil India Ltd had signed an agreement to buy a 10 percent stake in a Mozambique gas field from India's Videocon Group for $2.48 billion. "ONGC regret

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10 Jun 2013 15:30

Britain launches N.Sea review in effort to boost output

By Sarah Young LONDON, June 10 (Reuters) - Britain said it was launching the first review of the North Sea for 20 years in an attempt to maximise the economic benefits of the country's shrinking oil resources. Britain's Energy Secretary Ed Davey said on Monday the government commissio

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10 Jun 2013 15:00

CORRECTED-Platts' Montepeque says EU oil pricing reform plan "intrusive"

(Corrects dateline and location of conference to Kuala Lumpur from Singapore) By Florence Tan and Luke Pachymuthu KUALA LUMPUR, June 10 (Reuters) - A senior executive of oil price reporting agency Platts called new rules proposed by the European Union for financial benchmarks "intrusi

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10 Jun 2013 09:31

NORWAY GAS-Flows ease to Britain

* Norway gas exports total 262 mcm/d * Deliveries to UK down to 61 mcm/d OSLO, June 10 (Reuters) - Norwegian pipeline gas exports eased on Monday compared to last Friday, mainly due to a drop in flows to Britain, data from gas system operator Gassco showed. Deliveries to Europe inclu

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10 Jun 2013 03:18

Indian stocks to watch - June 10

GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange are 0.76 percent up and the MSCI-Asia Pacific index excluding Japan is 0.06 percent higher. * Japanese shares rebounded strongly on Monday, tracking a rally in global equities following U.S. jobs data that was solid bu

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10 Jun 2013 03:05

INDIA PRESS-ONGC in talks with Shell India for fuel retail tie-up - Business Standard

---------- PREVIOUS ITEMS Chinese carmaker Great Wall Motor likely to build plant in Pune - Economic Times () ---------- Reliance Retail plans push into wholesale to fight multinationals-Economic Times () ---------- Note: Reuters has not verified th

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10 Jun 2013 00:53

Shell reports restarting unit at Scotford upgrader facility

June 9 (Reuters) - Royal Dutch Shell Plc said it was restarting a unit at its upgrader facility at Scotford near Edmonton, Alberta, according to a message on a community information line posted on Saturday afternoon. The company runs a 255,000-barrel-per-day (bpd) oil sands upgrader facilit

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7 Jun 2013 11:00

Playing the shale gas boom - Chart Industries

By Nichola Groom June 7 (Reuters) - What a difference a decade makes. Ten years ago, Chart Industries Inc was on the verge of bankruptcy after taking on too much debt during a spree of acquisitions that included an equipment maker for storing cryogenic liquids like liquefied natural g

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7 Jun 2013 08:38

NORWAY GAS-Flows fall to Britain, rise to France

* Norway gas exports total 266 mcm/d * Deliveries to UK down to 62 mcm/d OSLO, June 7 (Reuters) - Norwegian pipeline gas exports fell on Friday morning, mainly due to a drop in flows to Britain, while France saw a slight increase, data from gas system operator Gassco showed. Deliveri

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6 Jun 2013 19:50

UPDATE 2-EU benchmark reform plan threatens oil price reporting

* Draft law, unlikely to take effect before 2014 * Proposes allowing companies to sue PRAs By Peg Mackey and Alex Lawler LONDON, June 6 (Reuters) - Tough new rules proposed by the European Union for financial benchmarks would seriously threaten oil price reporting agencies (PRAs

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6 Jun 2013 17:28

EU plans could spell doom for oil price reporting

* Draft law, unlikely to take effect before 2014 * Proposes allowing companies to sue PRAs By Peg Mackey and Alex Lawler LONDON, June 6 (Reuters) - Tough new rules proposed by the European Union for financial benchmarks would seriously threaten oil price reporting agencies (PRAs

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6 Jun 2013 14:16

UPDATE 2-Glencore muscles in on energy majors' LNG turf

* Trading house pushes into market dominated by energy majors * U.S. spot supplies expected to help dislodge monopolies * Traders eye massive arbitrage profit margins By Oleg Vukmanovic and Henning Gloystein LONDON, June 6 (Reuters) - Commodities trading giant Glencore Xs

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6 Jun 2013 08:19

NORWAY GAS-Flows to Europe rise further

* Norway gas exports total 278 mcm/d * Deliveries to UK rise to 81 mcm/d * Ormen Lange back to normal production OSLO, June 6 (Reuters) - Norwegian pipeline gas exports continued to rise on Thursday, mainly on higher flows to Britain, data from gas system operator Gassco showed.

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