LONDON, March 13- Royal Dutch Shell lost nearly $1 billion through theft and various disruptions to its Nigerian oil and liquefied natural gas operations in 2013 and said that rampant oil theft is costing the country even more.» Read More
March 12- Hyperdynamics Corp said UK's Tullow Oil Plc, its partner in an offshore exploration block in Guinea, claimed that regulatory investigations into the U.S. company constituted a force majeure.
President Dilma Rousseff, or whoever wins the election, will have to make deep budget cuts, raise taxes and take other painful steps to address Brazil's growing financial imbalances. Economists currently expect Brazil's gross domestic product to grow 1.68 percent this year, and 2 percent in 2015, according to a weekly survey by the central bank.
March 12- Energy XXI Ltd said it would buy smaller rival EPL Oil& Gas Inc for $2.3 billion, including debt, to become the largest oil and gas producer on the U.S.
*Asian shares lose ground on economic worries, Ukraine. *Ukraine appeals to West as Crimea turns to Russia. U.S. crude lost $1.43 to trade at $98.60 by 0930 GMT on industry data that showed crude stocks in top oil burner the United States rose more than forecast, signalling a slowdown in demand as the weather improved.
*Shanghai copper futures lowest since 2009, gold hits 5-1/ 2 mth high. LONDON, March 12- A dizzying fall in copper to a near four-year low compounded increasing concern in China over its economic slowdown on Wednesday to send a wave of unease sweeping through world markets.
OSLO, March 12- Norway's sovereign wealth fund is examining the operations of oil firm Total in Western Sahara, a disputed region of North Africa with a history of human rights abuses, to ascertain whether its activities there are unethical.
*Asian stocks lose ground on economic worries, Ukraine. *Ukraine appeals to West as Crimea turns to Russia. SINGAPORE, March 12- Brent futures fell towards $108 a barrel on Wednesday as concerns about weak demand growth in the world's two biggest oil consumers overshadowed fears of supply disruption amid worsening geopolitical tensions over Ukraine.
*Asian stocks lose ground on economic worries, Ukraine. *Ukraine appeals to West as Crimea turns to Russia. SINGAPORE, March 12- Brent futures fell towards $108 a barrel on Wednesday as concerns about weak demand growth at the world's two biggest oil consumers overshadowed fears of supply disruption amid worsening geopolitical tensions over Ukraine.
*Asian stocks lose ground on economic uncertainty, Ukraine tensions. *Ukraine appeals to West as Crimea turns to Russia. SINGAPORE, March 12- Brent futures fell towards $108 a barrel on Wednesday as demand growth concerns at the world's two biggest oil consumers overshadowed fears of supply disruption with geopolitical tensions over Ukraine worsening.
*Copper prices melting as Shanghai futures hit lowest since 2009. SYDNEY, March 12- Asian stock markets swung lower on Wednesday as economic uncertainty in China and the United States combined with political tensions in Ukraine to keep investors cautious and commodities under a dark cloud.
BRASILIA/ SAO PAULO, March 11- Brazil's lower house of Congress approved on Tuesday the creation of a special committee to monitor any probes in the Netherlands of allegations that a Dutch company paid bribes to officials at state-run oil company Petrobras.
U.S. crude dropped 64 cents to $99.30 a barrel by 0034 GMT, after settling $1.09 down at $100.03, its lowest since Feb. 11. *Ukraine's government appealed for Western help on Tuesday to stop Moscow annexing Crimea but the Black Sea peninsula, overrun by Russian troops, seemed fixed on a course that could formalise rule from Moscow within days.
China concerns take toll on copper, stirs talk of policy easing. turn lower on Wednesday as economic uncertainty in China and. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.5 percent.
WASHINGTON, March 11- Four U.S. oil refiners, trying to counter growing calls to lift the nation's ban on most crude oil exports, have launched the first major lobbying effort to keep abundant U.S. oil supplies from being sold overseas.
Chevron Chairman & CEO John Watson explains the major costs and risks for companies in the energy industry, and discusses oil pricing.
Discussing growing oil and gas demand, and how quickly the U.S. energy businesses can meet the demand, with Chevron Chairman & CEO John Watson.
*France says sanctions on Russia could come this week. NEW YORK, March 11- U.S. crude oil prices fell on Tuesday briefly touching below $100 per barrel for the first time in a month as the potential for more Chinese corporate bond defaults and rising crude stocks in the United States raised concerns about the growth of oil demand.
Chevron Chairman & CEO John Watson, discusses the costs of increasing oil price and how his company has had to cut back.
TRIPOLI, March 11- Libya's parliament voted Prime Minister Ali Zeidan out of office on Tuesday after rebels humiliated the government by loading crude on a tanker that fled from naval forces, officials said, in a sign of the worsening chaos in the OPEC member state.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.