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* Plant to be Brazil's first for 2nd gen ethanol * BNDES investment arm also owns 15 pct stake * Other firms also investing in cellulosic in Brazil SAO PAULO, May 8 (Reuters) - Brazilian development bank BNDES approved a 300.3 million real ($150 million) loan for the second gene
Read moreHOUSTON, May 7 (Reuters) - Exxon Mobil Corp said on Tuesday it is starting a $4 billion project to develop the Julia oilfield in the Gulf of Mexico. Initial production is expected to begin in 2016 at 34,000 barrels per day, the company said. The field is estimated to hold an estimated 6 bil
Read moreBy John Kemp LONDON, May 7 (Reuters) - No one has ever seen an oil field. Typically buried thousands of feet below the surface, oil fields are like a sponge saturated with a mixture of oil, water and gas, rather than the underground cavern most people imagine when they think about oil
Read moreMay 7 (Reuters) - Royal Dutch Shell Plc reported it was restarting a unit at its facility in Scotford near Edmonton, Alberta, according to a message posted on a community information line on Monday. There could be intermittent flaring over the next eight to 12 hours and there would be no im
Read moreNew York, May 6 (Reuters) - Sunoco Logistics Partners LP said on Monday Royal Dutch Shell Plc's trading unit has joined its Mariner South project to transport propane and butane to an export hub in the U.S Gulf Coast, joining a trend of shipping the fuel abroad. The project will take lique
Read more* Two smaller CDUs completed initial restarts April 28 * Return delayed by steam supply problems (Recasts with Motiva confirming restart) HOUSTON, May 6 (Reuters) - Motiva Enterprises said its 600,000 barrel per day (bpd) Port Arthur, Texas, refinery was running at planned production l
Read more* No explanation for president's exit * Company forms executive committee to improve operations * Shares down 5.4 pct in late afternoon trading CALGARY, Alberta, May 6 (Reuters) - Shares of Athabasca Oil Corp fell as much as 9.4 percent on Monday after the company said its presi
Read moreHOUSTON, May 6 (Reuters) - Motiva Enterprises' 600,000 barrel per day (bpd) Port Arthur, Texas, refinery was running at planned production levels on Monday after completing last week the return to production of units affected by an April 14 power outage, said sources familiar with operations at
Read moreNEW YORK, May 6 (Reuters) - The Sable Offshore Energy Project off the coast of Nova Scotia completed planned maintenance on schedule on Sunday, with natural gas production expected to increase over the next several days, according to website postings from Spectra Energy's Maritimes U.S. and Marit
Read more* Largest African LNG terminal blocked for 2 days * Nigeria accounts for 7 pct of global LNG supply ABUJA, May 6 (Reuters) - Nigeria's Liquefied Natural Gas (LNG) exports have been delayed after a security agency blocked ships from accessing the Bonny terminal from May 3 to May 5, the
Read more* Activists say contracts given to firms with no experience * Say transparent bidding process lacking * State oil firm denies any wrongdoing By Tim Cocks LAGOS, May 3 (Reuters) - Nigerian lawmakers said that next week they will investigate deals in which the state-oil firm
Read moreMay 3 (Reuters) - Cheniere Energy is the only company to have received full approval from U.S. federal energy regulators to export domestic supplies of natural gas and to construct a U.S. liquefied natural gas (LNG) export terminal. On Friday, Houston-based Cheniere said in a first-quarter ea
Read moreRaizen SA, a joint venture between Brazilian Sugar and ethanol producer Cosan and Royal Dutch Shell, is negotiating a new partnership with International Meal Company (IMC), according to a securities filing on Friday. The filing was made in response to an article in newspaper Valor Economico
Read moreOSLO, May 3 (Reuters) - Royal Dutch Shell's Ormen Lange natural gas field in Norway will undergo maintenance between May 23 and June 2, reducing its power consumption to between 60 and 110 megawatts from a normal 190 MW, the Nordic power bourse said on Friday.
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In spite of falling operating profits and production in its first quarter, oil and gas outfit BG Group still beat expectations with its results yesterday, according to the Tempus column in The Times. The paper notes that the stock has been under pressure over the last six months of so as investors
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