*Egypt says agrees timetable on $3 bln in oil arrears. CAIRO, Dec 5- Egypt's army-installed government unveiled a timetable to pay $3 billion of $6.3 billion it owes to foreign oil firms on Thursday, part of a campaign to revive confidence in an economy hammered by three years of political turmoil.
*Egypt needs Gulf aid, renewal of confidence in economy. CAIRO, Dec 4- Egypt promised on Wednesday to pay $1.5 billion of the $6 billion it says it owes foreign oil companies, aiming to restore investor confidence in an economy damaged by nearly three years of political turmoil.
CAIRO, Dec 4- The Egyptian government has approved payment of $1.5 billion of the $6 billion it says it owes foreign oil firms, the prime minister said on Wednesday, saying the failure to pay off the debt was holding the economy back.
WASHINGTON, Dec 2- The U.S. Supreme Court on Monday weighed British company BG Group Plc's bid to reinstate a $185.3 million arbitration award against Argentina that an appeals court threw out. Several justices voiced doubts when Argentina argued that BG should have sued in Argentina's courts first.
SINGAPORE, Nov 28- Kenya's diesel and gasoline imports are set to rise by a third over the next two years, driven by a growing auto fleet and rising industrial activity amid a lack of refining capacity, the head of the country's state oil company said Thursday.
DAR ES SALAAM, Nov 22- Tanzania's hopes of becoming a major gas exporter are set for a boost on Monday when oil company and government officials meet to review a proposed site for a gas liquefaction plant, according to two energy sources.
MILAN/ ALMATY, Nov 14- A pipeline inspection robot is set to join efforts to discover why the biggest new oilfield in decades is crippled and whether materials, construction methods, a design fault or all three are at the root of the problem.
*Shares in Britain's Ophir soar 16 pct. LONDON, Nov 14- Britain's Ophir Energy agreed a $1.3 billion sale of a stake in Tanzanian gas fields, bringing in a unit of Singapore's Temasek Holdings to help fund a development project in the latest Asian investment in East Africa's gas sector.
*Dropping Queensland export project could save $5 billion- analysts. LONDON, Nov 12- The Arrow gas export project in Australia is a likely casualty of a tighter spending regime at Royal Dutch/Shell as the company's new boss considers feeding output earmarked for it into a rival plant instead.
*China, Japan set cutoff prices for LNG imports, activism grows. LONDON, Nov 8- Qatar is sweetening its gas sales pitch to lock-in long-term Asian buyers before a wave of new suppliers from the United States, Australia, and east Africa snatch market share and deflate prices.
*Equatorial Guinea pushing new gas supply deals across Africa. *BG currently selling Equatorial Guinea's LNG in Asia. ABIDJAN, Nov 7- Equatorial Guinea may seek to revise some aspects of a controversial deal with BG Group as it moves to export more gas to Africa, its oil minister said.
LONDON, Nov 5- G4S plans to shake up the weakest parts of its business and lay off up to 400 UK staff as the new boss of the world's largest security firm by revenue battles to restore its reputation tarnished by a series of high-profile blunders.
NAIROBI, Oct 28- Tullow Oil's suspension of drilling in Kenya after weekend protests shows that popular impatience for a share of the spoils is compounding the problems energy firms face building an oil and gas industry from scratch in east Africa.
PERTH/ MUMBAI, Oct 21- BHP Billiton is walking away from almost all of its oil and gas interests in India, citing an inability to carry out exploration operations there and dealing the latest setback to the country in its efforts to draw foreign investments.
RIO DE JANEIRO, Oct 16- Brazil's government sees the planned Monday sale of Libra, an oil discovery billed as the biggest offshore oilfield ever sold, as a crowning achievement of an energy plan designed to end poverty and help the country join the developed world.
*Tanzania expected to launch bidding round this month. *Mozambique has found larger reserves, bidding round expected by Q1. LONDON, Oct 10- Mozambique and Tanzania are locked in a race to be first to export gas from East Africa, but a bigger battle awaits as the United States and others gear up for a share of the global gas market.
LONDON, Oct 8- BG Group Plc is close to a deal or deals that would reduce its 100 percent holdings in a group of six exploration licence blocks off Brazil's coast, the company said on Tuesday, a signal it aims to push ahead promptly with drilling there.
*Some U.S. companies pull out of Libya, Algeria and Egypt as risks mount. But Libya has not turned into the bonanza some foreign oil firms had hoped for, while the cost to reward ratio of producing gas in Egypt and Algeria looks less appealing as new finds in more politically stable places like Tanzania offer alternatives.
*New round of negotiations set for Oct. 9. BRUSSELS, Oct 2- European Union policy-makers have alarmed traders with plans to impose size limits on physical commodity deals, a step campaigners say is needed to crack down on speculators blamed for pushing up food and energy prices.
*Statoil is Brazil's No. 2 producer for fourth month. RIO DE JANEIRO, Oct 1- Brazil's oil and natural gas output rose for the second time in three months in August as new output from giant offshore fields barely outpaced declines from the depletion of older areas and maintenance, oil industry watchdog ANP said on Tuesday.