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22 May 2013 15:04

UPDATE 1-Manipulation probe draws attention to oil firms' trading desks

* Disclosure levels at oil majors lag those of secretive traders * Risk appetite bigger than at top Wall Street banks * Pressure for stricter oversight rises both in US, EU By Dmitry Zhdannikov and Claire Milhench LONDON, May 22 (Reuters) - Europe's energy price manipulati

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22 May 2013 08:59

NORWAY GAS-Flows slip to Britain, steady to continent

* Norway gas exports total 289 mcm/day * Supplies to Britain slip by 4 mcm/day OSLO, May 22 (Reuters) - Norwegian pipeline gas exports to Britain slipped on Wednesday morning, while those to other destinations in Europe were steady, data from gas system operator Gassco showed. Delive

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22 May 2013 06:30

Manipulation probe draws attention to oil firms' trading desks

* Disclosure levels at oil majors lags those of secretive traders * Risk appetite bigger at top Wall Street banks * Pressure for stricter oversight rises both in US, EU By Dmitry Zhdannikov and Claire Milhench LONDON, May 22 (Reuters) - Europe's energy price manipulation p

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21 May 2013 18:59

UPDATE 1-Chevron nears sale of Egypt, Pakistan downstream assets -sources

By Dinesh Nair DUBAI, May 21 (Reuters) - Chevron Corp is in advanced talks to sell most of its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major. Chevron, the second-largest U.S. oil company,

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21 May 2013 13:32

UPDATE 1-Shell says hunt for new CEO is underway

By Andrew Callus THE HAGUE, May 21 (Reuters) - The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group's annual shareholder meeting. Voser announced his surprise deci

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21 May 2013 09:30

NORWAY GAS-Flows up on higher flows to Britain, Germany

* Norway gas exports total 281 mcm/day * Supplies to Britain firm by 5 mcm/day OSLO, May 21 (Reuters) - Norwegian pipeline gas exports to Europe rose slightly on Tuesday, with small increases in supply to Britain and Germany, data from gas system operator Gassco showed. Deliveries to

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21 May 2013 06:16

Chevron nears sale of Egypt, Pakistan downstream assets -sources

By Dinesh Nair DUBAI, May 21 (Reuters) - Chevron Corp is in advanced talks to sell its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major. Chevron, the second-largest U.S. oil company, is cond

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21 May 2013 04:25

Shell feared disaster days before Alaska rig grounding -official

By Yereth Rosen ANCHORAGE, Alaska, May 20 (Reuters) - Days before a Shell drillship went aground in the storm-tossed Gulf of Alaska, it was clear that towing failures could spell disaster for the vessel, the crew and the marine environment, a company official told a U.S. Coast Guard panel o

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20 May 2013 23:05

Shell's succession plans in focus at annual meeting

THE HAGUE, May 21 (Reuters) - Royal Dutch/Shell CEO Peter Voser may be making his last appearance on the podium at the company's annual shareholder meeting on Tuesday, turning the spotlight on management's plans for a successor. Voser announced his surprise decision three weeks ago to step

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20 May 2013 21:33

U.S. Senators urge swaps watchdog to rein in oil majors

By Douwe Miedema WASHINGTON, May 20 (Reuters) - Large energy companies look set to slip through the maze of new rules for derivatives trading, a group of U.S. senators said, urging regulators to tighten oversight to cover all the market. As of this year, the U.S. Commodity Futures Tra

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20 May 2013 07:09

COLUMN-Commodity companies' cost-cutting stampede yet to work: Clyde Russell

--Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, May 20 (Reuters) - If you ever needed an example of the corporate herd mentality, then look no further than the stampede of cost-cutting among commodity producers st

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17 May 2013 19:58

FACTBOX-North America natural gas export plans

(Updates factbox with news of Freeport LNG getting DOE approval for export to non-FTA nations) May 17 (Reuters) - Freeport LNG became the second project on Friday to receive approval from the U.S. Department of Energy (DOE) to export domestic natural gas to non-free trade agreement (FTA) nati

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17 May 2013 19:42

UPDATE 3-Oil price probe widens, US senator wants Justice Dept help

* Source says Dutch trader Argos Energies being investigated * Sen. Wyden calls for Justice Dept to look at US price impact * Finnish refiner Neste Oil says asked for information * Oil market liquidity not affected -Platts By Simon Falush and Timothy Gardner LONDON/W

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17 May 2013 17:44

U.S. senator seeks probe into impact of alleged EU oil price manipulation

WASHINGTON, May 16 (Reuters) - The chairman of the U.S. Senate's energy committee asked the Justice Department on Friday to investigate whether alleged price manipulation by three oil companies in Europe has boosted fuel prices for U.S. consumers. "Efforts to manipulate the European oil ind

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17 May 2013 14:08

UK Shearwater gas field to restart from unplanned outage shortly

LONDON, May 17 (Reuters) - The Shearwater gas field in the North Sea was shut down overnight due to an unplanned outage and is due to resume operations shortly, operator Shell said on Friday. "Thus shutdown was due to unplanned maintenance and it's due to be back on stream shortly," a spok

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