The CEO of Royal Dutch Shell, the U.K.'s largest listed company has become the latest chief executive to wade in on the Scottish independence debate.» Read More
SINGAPORE/ MELBOURNE, Feb 26- Australia is turning into a playground for global oil traders, who are snapping up storage tanks and terminals as they bet on it to become Asia's top importer of oil products as demand rises and old, inefficient refineries close.
*Cosan's Rumo would name most of the board, have control. The planned takeover, which Cosan officials expect ALL's board and shareholders to approve, would create a new logistical giant in a country where access to cheap transportation infrastructure comes at a premium.
*$1 in every $7 coming from emerging markets. LONDON, Feb 24- Shareholders received more than $1 trillion in global dividends for the first time in 2013, buoyed by growth in payouts from emerging market firms, a study showed.
SYDNEY/ NEW YORK, Feb 21- Vitol SA is buying Royal Dutch Shell's Australian downstream businesses for about A $2.9 billion in its biggest acquisition, as the oil trader looks to grab a share of the country's lucrative oil product market.
SYDNEY, Feb 21- Anglo Dutch oil company Royal Dutch Shell said on Friday it has agreed to sell its Australian downstream businesses to oil trader Vitol SA for about A $2.9 billion.
SYDNEY, Feb 21- Royal Dutch Shell PLC said on Friday it had agreed to sell its Australian downstream businesses to Vitol SA for about A $2.9 billion. The sale covers Shell's Geelong Refinery and 870 service stations plus its bulk fuels, bitumen and chemicals businesses and part of its lubricants businesses in Australia.
VANCOUVER, Feb 20- A new tax regime proposed for British Columbia's budding liquefied natural gas industry has nudged plans for export terminals on Canada's Pacific Coast closer to reality, but it likely won't spur a sudden rush of building. The British Columbia provincial government wants to build a world-scale LNG export industry.
LONDON, Feb 13- Italy's Eni said it would increase payouts to investors and reduce spending over the next four years, despite cutting its annual forecast for output growth, falling in behind Europe's other big oil firms on dividends and costs.
*Vodafone wanted to add separate tax dispute- govt note. *Vodafone may seek international arbitration. NEW DELHI, Feb 12- India plans to pull out of talks with Britain's Vodafone Group Plc over a $2 billion tax dispute, in a move that will prolong a more than six-year old row and increase uncertainty among investors in Asia's third-largest economy.
The world's second-largest oil consumer aims to add nearly 600,000 barrels in daily refining capacity in 2014, and was slated to bring on more before PetroChina delayed two startups and an expansion as 2013 oil demand growth dropped to a 22- year low.
MEXICO CITY, Feb 5- British companies recognize the security threats posed by Mexico's drug violence but are more focused on opportunities in a batch of economic reforms in Latin America's No.2 economy, Britain's visiting deputy prime minister said on Wednesday.
HOUSTON, Feb 4- Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, its first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months.
HOUSTON, Feb 4- Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, the first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months.
Although European and Asian liquefied natural gas prices are currently high, trading at almost $20 per million British thermal unit in Asia and around $10 per mmBtu in Europe because of booming demand, analysts expect prices to drop substantially later this decade when new production rises.
Oil giant BP reported a drop in fourth-quarter profit due to lower profits in its refining and production business.
The decision by state-controlled giant PetroChina to put off two new refineries and delay expansion of another is the latest, most dramatic signal that China's refined fuels capacity has expanded too fast.
CALGARY, Alberta, Jan 31- The U.S. State Department is poised to issue an environmental review of the proposed Keystone XL oil pipeline that likely will say the project will not appreciably increase carbon emissions, according to sources.
Jan 31- Chevron Corp plans to keep spending roughly $40 billion per year for the next several years on new oil and natural gas projects in a bid to lift production that is on track to be flat for the third straight year.
Like Exxon Mobil, Royal Dutch Shell and other international energy giants, Chevron has tried to offset declining production at its oil and natural gas wells by spending massively on new exploration projects.
The world's largest consumer of energy is producing oil and gas hand over fist. Judging by some of Big Oil's earnings results, you couldn't tell.