The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Power failure hits LNG output at Australia's North West Shelf export plant

Fri, 08th May 2015 10:43

(Adds details, market and shipping impact)

By Oleg Vukmanovic

May 8 (Reuters) - A loss of power supply since May 5 hashurt production of liquefied natural gas (LNG) at Australia'sNorth West Shelf export plant, a spokesperson for operatorWoodside Petroleum said on Friday.

A lasting outage could tighten fuel supplies to Asianmarkets and might help to underpin a recovery for spot LNGprices which have been struggling to absorb a glut of supplyamid weak demand.

"On Tuesday, May 5 an electrical incident occurred at theNorth West Shelf Project's Karratha Gas Plant (KGP) resulting ina loss of power supply," the spokesperson said.

"LNG production has been impacted and we are working toresume production." Pipeline gas production has not beenaffected, the spokesperson said.

North West Shelf supplies Asian markets with around 16.3million tonnes of LNG each year.

The Karratha gas plant facilities include five LNGprocessing plants, or trains, two domestic gas trains as well asstorage facilities for LNG and other fuels, according toWoodside's website.

The 126,942 cubic metre capacity Northwest Snipe LNG tanker,one of the project's seven vessels, has been circling outsideport for several days, live ship-tracking data on Reuters Eikonshows. So has the 126,815 cubic metre capacity NorthwestSeaeagle.

Another project vessel, the Northwest Swan, returning from adelivery to Singapore should arrive on Saturday, according toship data. Two further tankers off the facility, the Dapeng Starand Dapeng Moon, had dropped anchor.

The six stakeholders in the LNG plant are BHP Billiton, BP, Chevron, Japan Australia LNG, Shell and Woodside, which operates the plant. (Reporting by Oleg Vukmanovic in Milan; editing by David Clarkeand Jane Merriman)

More News
21 Dec 2021 12:00

Oman's gas project for block 10 in Saih Rawl filed is expected to reach production of 0.5 bln cubic feet per day - ministry

Cairo, Dec 21 (REUTERS) - Oman's energy ministry said on Tuesday that the gas project for block 10 in the Saih Rawl gas field is expected to reach production of 0.5 billion cubic feet of gas per day.It added on Twitter that the project start up is...

Read more
21 Dec 2021 09:41

UPDATE 2-European shares rebound from Monday sell-off as energy stocks, miners jump

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* ING to quit French retail banking business* Sanofi's $1 bln Amunix buyout to add to drugmaker's pipeline* European chipmakers rise on Micr...

Read more
20 Dec 2021 11:27

Britain consults on climate checks for new oil and gas licences

LONDON, Dec 20 (Reuters) - Britain on Monday called for views on potential checks for new oil and gas licences to assess whether projects are in line with the country’s climate commitments.Britain has a target to reach net zero emissions by 2050 a...

Read more
20 Dec 2021 09:54

UPDATE 2-UK shares fall as Omicron concerns hit commodity, travel stocks

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Standard Chartered fined $61.51 mln for regulatory lapses* Oil, metal prices fall as Omicron fuels demand worries* FTSE 100 down 1.0%, FTSE...

Read more
17 Dec 2021 17:04

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

Read more
17 Dec 2021 16:35

UPDATE 4-Brazil's oil auction raises $2 billion as Total, Shell pile in

(Adds comments from analyst, TotalEnergies)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - France's TotalEnergies , Royal Dutch Shell, Malaysia's Petronas and Qatar Energy on Friday scooped up big offshore field...

Read more
17 Dec 2021 16:35

UPDATE 3-Brazil's offshore field raise $2 billion as Total, Shell pile in

(Adds details on production, updates share prices)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - France's TotalEnergies , Royal Dutch Shell, Petrobras, Malaysia's Petronas and Qatar Energy scooped up big offsho...

Read more
17 Dec 2021 16:35

UPDATE 2-Total, Shell pile into Brazil's offshore fields in $2 billion sale

(Adds details on bids, adds analyst comment)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - TotalEnergies SE , Royal Dutch Shell PLC, Petrobras, Petronas and Qatar Energy scooped up two blockbuster offshore fiel...

Read more
17 Dec 2021 16:35

UPDATE 1-Foreign oil firms pile into Brazil's offshore fields in $2 billion sale

(Updates with results of auction)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - Petrobras, Petronas, TotalEnergies SE, Royal Dutch Shell and Qatar Energy scooped up two blockbuster offshore fields in Brazil on ...

Read more
17 Dec 2021 11:24

Just Eat adds Asda to platform, first UK partnership in grocery sector

Just Eat adds Asda to platform, first UK partnership in grocery sector

Read more
17 Dec 2021 11:00

Top oil majors set for 2nd shot at coveted Brazil 'pre-salt' offshore fields

By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - The world's top oil majors will compete in Brazil on Friday for the chance to snatch up some of the world's most coveted offshore oilfields, a test of the nation'...

Read more
17 Dec 2021 09:52

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

Read more
17 Dec 2021 07:59

Just Eat strikes first British grocery deal with Asda

AMSTERDAM, Dec 17 (Reuters) - Just Eat Takeaway.com said on Friday it had struck a deal with British supermarket group Asda to sell groceries through its delivery platform.The deal, Just Eat's first with a major British supermarket chain, comes a...

Read more
17 Dec 2021 07:51

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

Read more
16 Dec 2021 22:13

UPDATE 3-Royal Dutch Shell confirms delay in sale of Texas refinery to Mexico's Pemex

(Adds bakground from Pemex source)By Stefanie Eschenbacher and Erwin SebaMEXICO CITY/HOUSTON, Dec 16 (Reuters) - Royal Dutch Shell on Thursday confirmed a Reuters report that the sale of its controlling interest in a Texas refinery to Mexican state...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.