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Royal Dutch Shell PLC

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  • Oct 20- Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, said it expected its initial public offering of common units to be priced at $19- $21 per unit, valuing it at up to $1.42 billion. A number of master limited partnerships, including PBF Logistics LP, Viper Energy Partners LP and GasLog Partners LP, have listed this year.

  • Oct 20- Shell Midstream Partners LP, a division of Royal Dutch Shell Plc, said it expected its initial public offering of common units to be priced at $19- $21 per unit.

  • *Deregulation not to impact India's diesel exports. NEW DELHI, Oct 20- India's scrapping of diesel price controls opens the door for private sector refiners to return to a domestic retail market from which they have been excluded for years because they could not compete with state firms. Reliance Industries plans to revive its old business cautiously, while...

  • UPDATE 2-Russia's top oil firms play down price drop Friday, 17 Oct 2014 | 6:52 AM ET

    *Gazprom Neft sees oil price returning to $95- 110 per barrel. *Russia's 2015-2017 budget sees average oil price at $100 per barrel. Rosneft, the world's top listed oil company by output, and Gazprom Neft, Russia's fourth largest producer by output, said on Friday there was no need to panic.

  • Oct 15- The U.S. government is expected to release a report in late October that will help assess whether domestic gasoline prices would rise if Congress or the Obama administration lifted the 40- year ban on crude oil exports. Congress mandated the oil export ban following the Arab oil embargo of the 1970 s, which sent shock waves through energy markets and...

  • European stocks suffer biggest one-day slide since 2011 Wednesday, 15 Oct 2014 | 12:49 PM ET

    *$255 bln wiped off the market value of STOXX 600 stocks. PARIS, Oct 15- A sell-off in European stocks accelerated on Wednesday, with a key index suffering its biggest one-day slide in nearly three years as investors slashed exposure to risky assets on mounting worries about global growth. That is more than Portugal's GDP and more than the entire market...

  • War on the doorstep compounds Turkey's economic worries Wednesday, 15 Oct 2014 | 8:40 AM ET

    Investors who until mid-2013 saw Turkey as a relatively safe bet in a chaotic region are increasingly alarmed that it might not only be dragged into the war in Syria but also lose the hard-won prospect of peace and economic revival in its own Kurdish region. So far, Turkey has resisted Western and Kurdish pressure to enter Syria's complex war by sending its tanks...

  • However, reassuring results from two bellwethers, food giant Danone and luxury group LVMH, helped soothe worries over the outlook for corporate results in Europe as the earnings season kicks off. Shares in Danone rose 3.4 percent after it posted a better-than-expected rise in third-quarter sales, helped by improving baby food sales in Asia where the French...

  • UPDATE 1-Russia's Gazprom says Q2 net profit up 13 pct Tuesday, 14 Oct 2014 | 2:59 AM ET

    MOSCOW, Oct 14- Russian gas producer Gazprom said on Tuesday its second quarter net profit was up 13 percent to 227.6 billion roubles boosted by foreign exchange gains but still short of analysts expectations. A Reuters poll of analysts had expected Gazprom to post 234 billion roubles in the second quarter net profit, up from 202 billion roubles the same period...

  • ASTANA, Oct 10- Kashagan, the world's most expensive oil project, will have to spend another up to $3.6 billion to replace leaking oil and gas pipelines, which also could delay the restart of production, the Kazakh energy ministry said. Production at the Kashagan reservoir, the world's biggest oil find in recent times, started in September last year but was halted...

  • Companies that were already deep in the red when the price of Brent was at $109 a barrel last year are having to redraw business plans for prices as low as $90. According to Morgan Stanley analysts, the seven majors- Royal Dutch Shell, BP, Exxon Mobil, Chevron, Total Statoil- ran a collective deficit of $55 billion last year. They generated $207 billion of operating cash...

  • Lego to scrap Shell deal after Arctic protest Thursday, 9 Oct 2014 | 6:18 AM ET

    Environmental activists Greenpeace launched in July a video showing an Arctic landscape with a Shell drilling platform made of Lego bricks covered in oil. He added Lego had urged Greenpeace to have a direct conversation with Shell. Royal Dutch Shell PLC has plans to drill in the Arctic coast of Alaska, but did not pursue them in 2013 or 2014 because of technical...

  • BUENOS AIRES, Oct 8- Argentina's state-run energy company YPF said on Wednesday it had not struck a confidential natural gas production deal with Russia's Gazprom despite a statement earlier in the day from the industry ministry saying that it had. The ministry had said Cabinet Minister Debora Giorgi received assurances from Gazprom head Alexey Miller in a...

  • Iran aims for tempting new oil contracts soon Wednesday, 8 Oct 2014 | 5:57 AM ET

    Iran wants Western oil companies to revive its giant, ageing oilfields and develop new oil and gas projects and has been preparing a new investment model for oil contracts as part of its drive to win back Western business. The OPEC producer is in talks with six Western powers to reach a deal to limit Tehran's nuclear programme- which could end sanctions on oil...

  • *Canada lobbied against previous labelling proposal. BRUSSELS/ CALGARY, Oct 7- A European Union plan to label Canadian tar sands oil as highly polluting as part of its fight against climate change has been abandoned after years of opposition from Canada, clearing the way for exports of tar sands crude to the European market. Canada sees Europe as a potential...

  • *Three of four advanced biofuel plants use Novozymes enzymes. Biomass conversion could transform Novozymes in future. But as commercial production of transportation fuel made from plant waste rather than valuable corn finally starts in the United States, Brazil and Europe, Novozymes has already turned its gaze towards bioplastics and even diapers.

  • The deal with Kuwait Foreign Petroleum Exploration Co helps Chevron reduce production risk and gives it more capital to increase drilling in Alberta's Duvernay shale formation, one of North America's largest shale deposits. Chevron's Canadian subsidiary has exploration leases for about 330,000 net acres in the Duvernay shale formation.

  • DUBAI, Oct 2- Kuwait is in talks with five major oil companies to help boost crude production and develop some of its oilfields including Burgan, the world's second largest, a move that has faced fierce political opposition in the past. Kuwait has invited Britain's BP, France's Total, Royal Dutch Shell, ExxonMobil and Chevron, to bid for a so-called enhanced...

  • *World's biggest tugboat operator eyes growth in Africa. COPENHAGEN, Sept 29- Denmark's Svitzer, the world's biggest tugboat operator, plans to expand in Africa and focus on long-term contracts with oil companies to offset tough trading in its main Australian and European markets, its chief executive told Reuters.

  • Cramer: Hey good buddy, this trade's for you! Friday, 26 Sep 2014 | 6:35 PM ET

    Cramer is always on the hunt for a long-term theme that can generate returns, regardless of what happens in the world.