* Norway's pipeline gas exports total 289 mcm/day * Langeled flows to Britain rise to 41 mcm/day OSLO, Sept 29 (Reuters) - Norway, Europe's second-biggest gas supplier,increased output on Monday to the highest since May, with flows to Britain,Germany and France rising, data from gas system operator Gassco showed. Flows through the Langeled pipeline, Britain's main subsea gas import route,increased by 8 million cubic metres (mcm) per day to 41 mcm per day. The pipeline has a full capacity of 72 mcm/day. Gas field maintenance, that has cut Norwegian output by 47 million cubicmetres (mcm) per day since Sept. 25, finished on Monday. This was partly offsetas maintenance elsewhere, which would cut 24 mcm/day, was extended from Sept. 25to Oct. 10. The following table shows Norwegian pipeline gas flows, measured in millioncubic metres/day, compared with the previous session's average: Destination Real time Pvs session Change average (mcm) Britain 65 57 8 Germany & Netherlands 141 132 9 France 46 40 6 Belgium 37 45 -8 Total 289 274 15 NOTE: Pipeline gas export figures are based on gas fed into the system at acertain time and calculated as a daily average. Levels can vary throughout theday as producers adjust the amount of gas they export, according to changingnominations, or orders, from customers. Following is a summary of spot price settlements at European gas tradinghubs: Gas hub Sept 26 Sept 25 NBP (UK) 21.5/49.2 21.9/50.1 TTF (Netherlands) 21.9 22.1 NCG (Germany) 22.1 22.5 Gaspool (Germany) 21.6 22.5 Zeebrugge (Belgium) 21.7 22.0 Peg Nord (France) 22.6 22.7 Peg Sud (France) 26.1 28.8 Oil-indexed prices* 28.31/30.29/33.66 28.31/30.29/33.66 NOTE: Prices are in euros per megawatt-hour, except for NBP (euros/MWh & p/th).The oil-indexed price for Russian gas is an estimate by Thomson Reuters PointCarbon. * The oil-indexed prices mentioned above are in order: Russia spot-indexedgas/Russian oil-linked discounted gas/Russian outright oil-indexed gas. (Reporting by Nerijus Adomaitis; editing by Keiron Henderson)
Shell announces $4bn share buyback as Q3 profits beat expectations
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.
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