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24 May 2013 12:29

Petrobras sells 12 pct stake in Tanzania bloc to Statoil

SAO PAULO, May 24 (Reuters) - State-run Petróleo Brasileiro SA, which is undertaking a major drive to sell assets outside Brazil, sold a 12 percent stake in a Tanzania bloc to a unit of Statoil AS, according to a securities filing on Friday. The Brazilian company, commonly known as Petrobr

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24 May 2013 07:34

NORWAY GAS-Flows edge up after maintenance

* Norway gas exports total 250 mcm/d * Deliveries to Britain rise to 49 mcm/d * New major maintenance to start on Sat STOCKHOLM, May 24 (Reuters) - Norwegian pipeline gas exports partially recovered on Friday morning after dropping sharply due to major field maintenance and unexpecte

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24 May 2013 01:27

UPDATE 4-Brazil to auction its biggest-ever oil find in October

* Production-sharing auction to be 1st under 2010 law * Giant Libra area seen producing up to 12 bln barrels * Auction moved up 1 month to meet president's schedule By Jeb Blount RIO DE JANEIRO, May 23 (Reuters) - Brazil plans to sell the right to explore and develop its l

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23 May 2013 22:56

UPDATE 2-EU oil pricing probe spurs lawsuit against BP, others

* BP, Shell, Statoil in EU oil price probe * First lawsuit seeks class-action status By Bernard Vaughan and Tom Polansek NEW YORK/CHICAGO May 23 (Reuters) - A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them

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23 May 2013 20:32

UPDATE 1-Commodities trader sues BP, others for alleged price fixing

May 23 (Reuters) - A commodities trader filed suit against BP Plc, Royal Dutch Shell Plc and Statoil in a U.S. federal court, accusing the companies of colluding to fix prices in North Sea Brent crude oil. Prime International Trading Ltd, in a proposed class-action lawsuit filed in the cou

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23 May 2013 19:34

Commodities trader sues BP, others for alleged price fixing

May 23 (Reuters) - A commodities trader has sued BP Plc , Royal Dutch Shell Plc and Statoil in the United States, accusing them of colluding to fix prices in North Sea Brent crude oil. Prime International Trading Ltd, in a proposed class-action lawsuit filed in White Plains, New York, accus

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23 May 2013 15:40

Brazil oil prospect Libra has up to 42 bln barrels of oil -ANP

RIO DE JANEIRO, May 23 (Reuters) - Brazil's Libra prospect in the subsalt area that will be auctioned in the second half of October has between 26 billion and 42 billion barrels of in-place oil, Magda Chambriard, director of the ANP oil agency said on Thursday. "This is really different; it

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23 May 2013 12:59

UPDATE 1-Nigeria's NNPC and Exxon unit to tap bond market by 2016

* NNPC funding problems holding back oil projects * Exxon and NNPC joint venture has 550,000 bpd oil capacity By Joe Brock and Emma Farge ABUJA/GENEVA, May 23 (Reuters) - Nigeria's state-oil company and a local unit of Exxon Mobil plan to tap the bond market by 2016 to fill a fu

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23 May 2013 09:00

NORWAY GAS-Flows plunge due to major maintenance

* Norway gas exports total 233 mcm/d * Deliveries to Britain halved OSLO, May 23 (Reuters) - Norwegian pipeline gas exports to Britain and Belgium dropped sharply due to major field maintenance started on Thursday morning, data from gas system operator Gassco showed. Deliveries to Eu

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23 May 2013 02:24

UPDATE 1-REUTERS SUMMIT-Mexico's Pemex to add 30,000 bpd capacity to top refinery

(Adds details, quotes) By David Alire Garcia and Adriana Barrera MEXICO CITY, May 22 (Reuters) - State oil monopoly Pemex will boost capacity at its biggest refinery, Salinas Cruz, by 9 percent in a $4 billion expansion, its head of refining said, part of Mexico's aim to wean itself o

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22 May 2013 23:12

REUTERS SUMMIT-Mexico's Pemex to add 30,000 bpd capacity to Salinas Cruz

(For other news from Reuters Latin America Investment Summit, click on http://www.reuters.com/summit/LatinAmerica13) By Adriana Barrera and David Alire Garcia MEXICO CITY, May 22 (Reuters) - Mexico's state oil monopoly Pemex will boost capacity at its biggest refinery, Salinas Cruz,

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22 May 2013 22:53

Shell says ongoing Norco work in chemical plant, not refinery

HOUSTON, May 22 (Reuters) - Royal Dutch Shell Plc's U.S. subsidiary, Shell Oil Co, said on Wednesday that ongoing maintenance at the company's Norco, Louisiana, complex was in the chemical plant and not the adjoining Motiva Enterprises 233,500 barrel per day (bpd) refinery. Shell began work

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22 May 2013 18:42

Motiva reports turnaround activities at Norco LA complex -filing

May 22 (Reuters) - Motiva Enterprises LLC warned of potential elevated noise and steam for over two days starting from May 23 due to turnaround activities at its Norco manufacturing complex in Louisiana, according to a notice on the St. Charles Parish website. The company houses a 233,500 b

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22 May 2013 17:29

Tanzanian gas pipeline plan sparks riot -government officials

* Tanzania has become a hot spot for gas exploration * Residents want greater share of gas development By Fumbuka Ng'wanakilala DODOMA, May 22 (Reuters) - Residents of a gas-rich region of Tanzania rioted on Wednesday to protest that they would not benefit from a government budg

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22 May 2013 17:12

Maine pipeline eyes plan to ship Canada oil sands crude

* Maine pipeline plan hinges on flows to Montreal * Recent spills inflame Canadian oil debate * Towns oppose oil sands, line passes through tourist zone By Dave Sherwood SOUTH PORTLAND, Maine, May 22 (Reuters) - The little-known operator of a pipeline linking Montreal and

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