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6 Jun 2013 04:41

REFILE-Cosan profits miss expectations on lower biofuel sales

SAO PAULO, June 6 (Reuters) - Brazil's biggest sugar and ethanol producer, Cosan SA Industria e Comercio posted quarterly earnings of 29.7 million reais ($13.89 million) late on Wednesday, down sharply from almost 150 million reais a year earlier due largely to a drop in earnings from ethanol sa

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5 Jun 2013 09:33

China approves CNOOC's mega refinery, petrochemical expansion

BEIJING, June 5 (Reuters) - China has given the final go-ahead to China National Offshore Oil Company's (CNOOC) plan to expand a refinery and petrochemical plant in southern China, according to a government statement on Wednesday. CNOOC, parent of offshore oil and gas producer CNOOC Ltd , w

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5 Jun 2013 07:50

NORWAY GAS-Flows to Britain rise strongly

* Norway gas exports total 279 mcm/d * Deliveries to UK rise to 80 mcm/d OSLO, June 5 (Reuters) - Norwegian pipeline gas exports surged further on Wednesday morning, with Britain taking most of the additional gas, data from gas system operator Gassco said. Deliveries to Europe includ

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4 Jun 2013 15:14

Shell, Edison short-listed for Malta power plant project

VALLETTA, June 4 (Reuters) - Oil major Royal Dutch Shell , Italian utility Edison and China's state-owned CPECC are among bidders Malta has selected to build a gas-fired power plant on the Mediterranean island, Energy Minister Konrad Mizzi said on Tuesday. The new combined cycle gas turbine

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4 Jun 2013 08:40

NORWAY GAS-Flows rise as Ormen Lange ramps-up production

* Norway gas exports total 258 mcm/d * Deliveries to UK rise to 66 mcm/d * Ormen Lange field ramps-up production OSLO, June 4 (Reuters) - Norwegian pipeline gas exports rose on Tuesday morning to all its markets, with Germany and Britain seeing the biggest increase as the Ormen Lange

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4 Jun 2013 03:29

Shell restarting unit at Scotford, Alberta, facility - community line

June 3 (Reuters) - Royal Dutch Shell Plc said it is restarting a unit at its Scotford facility near Edmonton, Alberta, according to a message on a community information line posted on Monday. The restart may result in periodic flaring over the next 24 hours, the message said. The comp

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3 Jun 2013 15:02

EU mergers and takeovers (June 3)

BRUSSELS, June 3 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Brazilian investment fund 3G Capital, and Berkshire Hathaway to acquire joint control of U.S. ketchup maker H.J. Hein

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3 Jun 2013 09:18

NORWAY GAS-Flows surge to Britain, fall to Germany

* Norway gas exports total 234 mcm/d * Deliveries to UK surge to 66 mcm/d OSLO, June 3 (Reuters) - Norwegian pipeline gas exports fell on Monday morning as a drop in flows to Germany and Belgium more than offset a rise to Britain, data from gas system operator Gassco showed. Deliveri

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3 Jun 2013 08:54

Gas exports from Norway's Ormen Lange to normalise on June 6

OSLO, June 3 (Reuters) - The plant which processes gas from Norway's Ormen Lange gas field is expected to be back to normal production on June 6, three days later than previously planned, its operator Royal Dutch Shell said in a market message. The Nyhamna plant feeds the Langeled pipeline,

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31 May 2013 10:28

Oil executives tune out the call of the wild Arctic

* Failures, grounded Shell drillship reducing interest * More conventional resources rapidly becoming available * Shale oil becomes more competitive By Balazs Koranyi NY-AALESUND, Norway, May 31 (Reuters) - The high Arctic, once the irresistible frontier for oil and gas ex

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31 May 2013 08:39

NORWAY GAS-Flows to Europe inch up

* Norway gas exports total 258 mcm/d * Deliveries to UK steady at 38 mcm/d OSLO, May 31 (Reuters) - Norwegian pipeline gas exports edged up on Friday morning on slightly higher flows to Germany and Belgium, while supplies to Britain were steady. Deliveries to Europe including Britain

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31 May 2013 06:59

Update-Moody's:Masela block divestment is credit positive for EMP

PT EMP Energi Indonesia

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30 May 2013 14:29

UPDATE 1-Force majeure declared on Nigeria's Usan crude -traders

LONDON, May 30 (Reuters) - A force majeure has been declared on the Usan grade of Nigerian crude oil, traders said on Thursday, adding to the problems facing Africa's largest oil exporter. A trader said that production was completely halted, and that more information about the reason behind

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30 May 2013 13:26

Iraq says it averted al Qaeda tanker truck attack on major oil site

* Al Qaeda attack on major oil facility stopped * Violence surging as insurgents step up bombings By Ahmed Rasheed BAGHDAD, May 30 (Reuters) - Iraq foiled an al Qaeda plot to use tanker trucks packed with explosives to attack a key Baghdad oil facility, a senior security officia

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30 May 2013 12:07

Iraq, Eni set lower output target at Zubair oilfield

VIENNA, May 30 (Reuters) - Baghdad and a group led by Italy's Eni have agreed to cut the planned output target at Iraq's Zubair oilfield to allow this southern giant to pump more for a longer period. Iraqi Oil Minister Abdul Kareem Luaibi said on Thursday Baghdad is lowering plateau pro

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