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Oil and Gas Storage

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  • 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.

  • WASHINGTON, June 4- The Keystone XL oil pipeline would be vulnerable to attacks threatening water supplies for millions of homeowners and farmers, according to a report by NextGen Climate, a political group led by billionaire activist Tom Steyer.

  • BRUSSELS, June 2- Russia and Ukraine agreed on Monday to examine a payment plan to settle Kiev's multi-billion gas debts and fix a price for supplies until June 2015, offering the promise of averting an energy crisis over the crucial winter period.

  • MOSCOW, June 2- Russia's Gazprom gave Ukraine on Monday an extension into next week to resolve a gas price dispute at the heart of the two countries' confrontation, a day before Moscow was due to switch off the gas unless Kiev paid in advance.

  • LONDON, May 28- Brent oil rose on Wednesday, holding above $110 a barrel on renewed optimism about steady demand growth in the United States, the world's top oil consumer, coupled with further disruptions to Libyan supplies. Brent crude gained 23 cents to $110.25 by 0814 GMT after ending 30 cents lower as some profits were booked following a long holiday weekend.

  • *Libya oil guards protest at Hariga port, disrupt operations. SINGAPORE, May 28- Brent futures rose on Wednesday, holding above $110 a barrel on renewed optimism over steady demand growth in the world's top oil consumer the United States following healthy economic data, with supply disruption concerns providing additional support.

  • *Libya oil guards protest at Hariga port, disrupt operations. SINGAPORE, May 28- Brent futures rose on Wednesday, holding above $110 a barrel on renewed optimism over steady demand growth in the world's top oil consumer the United States following healthy economic data, with supply disruption concerns providing additional support.

  • *First 1 million barrel cargo being loaded at Ceyhan, Turkey. ANKARA/ ISTANBUL, May 22- Iraqi Kurdistan started loading oil from its new pipeline for shipment from a Turkish port on Thursday, defying the Baghdad government, which claims sole authority over Iraqi crude and declares any independently sold oil as' smuggled'.

  • *Move likely to infuriate Baghdad. ANKARA/ ISTANBUL, May 22- Iraqi Kurdistan started loading oil from its new pipeline for shipment from a Turkish port on Thursday despite a dispute with Baghdad, which claims sole authority over Iraqi oil and declares any independently sold oil as' smuggled'.

  • *Baghdad has threatened to sue companies doing trade. LONDON, May 15- Israeli and U.S. oil refineries have joined the growing list of customers for crude from Iraqi Kurdistan, a region locked in a bitter struggle with the central government in Baghdad that says the sales are illegal. Baghdad refuses to sell oil to Israel, echoing other Arab states.

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, May 12- If you are looking for an explanation as to why crude oil prices in Asia aren't lower, then the blame rests squarely with Chinese stockpiling.

  • NEW YORK, May 9- Nuevo Midstream LLC has hired Barclays PLC to explore a sale of the U.S. natural gas pipeline infrastructure company that could fetch more than $2.5 billion, sources familiar with the matter said on Friday.

  • *China palm oil imports seen falling on credit curbs. SINGAPORE/ KUALA LUMPUR, May 7- China's refined palm oil imports could be hit as buyers struggle for funding, the latest casualty in Beijing's crackdown on commodity financing in the face of slowing domestic demand.

  • *China palm oil imports seen falling on credit curbs. Commodities have been commonly used for financing in China, where traders or investors borrow against a product with the aim of investing the money in high-return areas such as real estate.

  • Pickens: Natural gas prices are ready to rise Tuesday, 29 Apr 2014 | 1:23 PM ET
    Boone Pickens

    Nat gas prices are set to go higher, according to the chairman and CEO of energy-focused investment firm BP Capital.

  • April 28- Williams Partners LP said Monday it plans to return to service the four undamaged units at its natural gas processing plant in Opal, Wyoming, which shut last week after an explosion and fire damaged one of the facility's five units.

  • UPDATE 1-Magellan shifts focus to crude oil pipelines Tuesday, 8 Apr 2014 | 12:13 PM ET

    NEW YORK, April 8- Magellan Midstream Partners, the U.S. In a presentation made to investors on Tuesday, Magellan said of the $950 million it plans to spend between 2014 and 2016, 80 percent will go to crude oil projects primarily in and around Texas and its shale oil plays.

  • April 6- An unexplained blast this week at a liquefied natural gas facility in rural Washington state, which injured workers, forced an evacuation and raised alarm about a potentially large second explosion, could focus attention on the risk of storing massive gas supplies near population centers.

  • Oil heads lower as Libya resolution appears near Wednesday, 2 Apr 2014 | 3:57 PM ET
    Pump jacks and wells in an oil field on the Monterey Shale formation near McKittrick, Calif., March 23, 2014.

    U.S. oil futures slipped further below the key $100 a barrel level, and international crude moved closer to U.S. prices as some geopolitical pressures eased.

  • US oil boom takes punch out of Putin on crude Tuesday, 1 Apr 2014 | 12:00 PM ET
    Pump jacks and wells in an oil field on the Monterey Shale formation near McKittrick, Calif., March 23, 2014.

    The next move for world oil prices is likely lower, as growing U.S. oil production outweighs the impact of elevated tensions surrounding Ukraine.