Oct 20- Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected quarterly profit, helped by buoyant shale drilling activity in North America. Halliburton, which derives about half of its revenue from North America, also benefited from higher revenue in its international operations. Halliburton's revenue rose about 18...» Read More
ALBANY, N.Y., June 30- New York's top state court has held that towns have the authority to ban gas drilling within their borders, giving a boost to opponents of the drilling method known as fracking.
*Worries over risks to Iraq supply ease, traders say. *Libya loads 600,000- bbl tanker for Italy. NEW YORK, June 27- Brent crude oil was little changed in choppy trading on Friday as investors moved to square positions following one of the international benchmark's biggest weekly falls this year due to reduced concerns over exports from strife-torn Iraq.
*Worries over risks to Iraq supply ease, traders say. *Libya loads 600,000- bbl tanker for Italy. NEW YORK, June 27- Brent crude oil was little changed in choppy trading on Friday as investors moved to square positions after Brent posted one of its biggest weekly falls this year due to reduced concerns over exports from strife-torn Iraq.
BRUSSELS, June 25- The European Union's top negotiator in the gas price row between Ukraine and Russia said on Wednesday he would call Moscow as soon as possible to try to get both sides back to talks and Ukraine meanwhile should fill up its gas storage.
BAKU, June 25- Iran wants to raise gas imports from Azerbaijan almost six-fold to 2 billion cubic metres a year from a current 370 million cubic metres and to use gas storage in Azerbaijan, a source at the Azeri state energy company SOCAR told Reuters.
LONDON, June 24- British oil and gas services group Petrofac reported a record order backlog of $20.1 billion on Tuesday and said violence in Iraq had not so far affected its operations there.
LIBYA'S HARIGA PORT EXPECTS SECOND TANKER ON SUNDAY, EL FEEL OILFIELD WORKING "NORMALLY"- NOC.
*Israel keen to build rapport with Kurds. *Israel previously bought small cargoes of trucked oil. LONDON, June 20- A tanker delivered a cargo of disputed crude oil from Iraqi Kurdistan's new pipeline for the first time on Friday in Israel, despite threats by Baghdad to take legal action against any buyer.
LONDON, June 20- Paolo Scaroni, the former chief executive of Italian oil and gas company Eni, is to join investment bank Rothschild as deputy chairman, Rothschild said on Friday. Scaroni, who is under investigation over corruption charges involving oil services group Saipem, left Eni after its shareholders approved a new board for the company.
June 19- VTTI Energy Partners LP, an oil and gas storage and terminal company, filed with U.S. regulators on Thursday to raise up to $420 million in an initial public offering of common units. VTTI is 50 percent owned by Switzerland- based oil trader Vitol. London- based VTTI Energy listed Citigroup and J.P. Morgan as lead underwriters to the IPO.
June 19- Enbridge Energy Partners LP said it would sell a 12.6 percent interest in its natural gas midstream business to partner Midcoast Energy Partners LP for $350 million. The deal will immediately add to the earnings of Midcoast Energy, which said it would finance it with debt.
June 19- Enbridge Energy Partners LP said it would sell a 12.6 percent interest in its natural gas midstream business to partner Midcoast Energy Partners LP for $350 million. Enbridge's interest in Midcoast Operating LP will fall to 48.4 percent after the sale, the company said. Enbridge said it would use the proceeds to help fund its pipeline expansion program.
*Questions mount if Iraq can increase oil output at all. MOSCOW/ NEW DELHI, June 17- Some oil companies are pulling foreign staff from Iraq, fearing Sunni militants from the north could strike at major oilfields concentrated in the Shi'ite south despite moves by the Baghdad government to tighten security.
NEW YORK, June 16- A new chapter in the North American oil revolution is about to open on the Texas coast, with two major pipelines poised this summer to deliver an unprecedented influx of heavy Canadian crude to U.S. refineries- and potentially beyond.
EU'S OETTINGER SAYS MAY HAVE A PROBLEM IN EUROPE IF GAS STORAGE NOT FILLED.
RIO DE JANEIRO, June 13- A judge approved a restructuring plan for Oleo e Gas Participacoes SA, the oil company controlled by Brazilian tycoon Eike Batista, according to a statement by the Rio de Janeiro court that heard the bankruptcy proceedings. Creditors of the company, formerly known as OGX Petroleo e Gas Participacoes SA, approved the plan on June 3.
LONDON/ DUBAI, June 12- Shelf Drilling plans to raise at least $500 million in an initial public offering on the London Stock Exchange, joining other Gulf-based oil services firms seeking a listing on the bourse.
If the court rules in favor of Halliburton and against a group of shareholders, then the oilfield services company won't be the only business to gain.
June 9- Morgan Stanley is selling its controlling stake in oil storage and transport company TransMontaigne Inc to NGL Energy Partners LP for $200 million, essentially ending its long run as the biggest physical oil trader on Wall Street.
HOUSTON, June 5- A faulty blowout preventer and weaknesses in how companies analyze potential hazards in offshore oil and gas operations contributed to BP Plc's deadly Gulf of Mexico oil spill more than four years ago, the U.S. Chemical Safety Board said on Thursday. The BP investigation was its first involving an offshore accident.