Europe's Total, under pressure from shareholders to improve its cash flow and raise dividends, is looking to sell Blu-Tack maker Bostik.» Read More
RIO DE JANEIRO, Sept 18- Brazil's state-run oil company, Petroleo Brasileiro SA, will sign a contract to build and lease a floating production ship for its giant Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on Thursday.
MINNEAPOLIS, Sept 18- A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp's reputation as a top-notch operator of profitable energy projects around the world.
RIO DE JANEIRO, Sept 17- Royal Dutch Shell Plc and Total SA must accept Brazil's state-run Petrobras as a partner in their Gato do Mato offshore oil prospect under new Brazilian law, the country's top oil regulator said Wednesday, a move that could strip Shell of operational control of the resource. She spoke at an oil industry event in Rio de Janeiro.
*BNP Paribas tasked to find buyers for field- sources. LONDON/ LAGOS, Sept 16- France's Total SA, Europe's second largest oil company, has put one of its offshore Nigerian oil fields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed.
Brazil's oil industry may be large and growing, but little of what Rousseff promised when elected in 2010- or before then as energy minister or chairwoman of state-run energy giant Petrobras- has come to pass.
*Sees Q3 adjusted earnings $0.15- $0.35/ shr vs est $0.28. July 31- SunPower Corp, the second-largest solar panel maker in the United States, reported a 30 percent fall in quarterly profit as it installed fewer solar plants, sending its shares down 4 percent in extended trading.
SunPower Corp, the second-largest solar panel maker in the United States, reported a 30 percent fall in quarterly profit as it sold fewer solar plants. Net income fell to $43.9 million, or 28 cents per share, in the second quarter ended June 29, from $62.8 million, or 48 cents per share, a year earlier.
Total stopped buying shares in Russia's Novatek the day of the downing of a Malaysia Airlines flight over Ukraine.
*Europe has 2 million bpd excess oil refining capacity. LONDON, July 23- Europe is coming under increasing pressure to close oil refineries as chronic over-capacity hits processing margins, dragging down group profits and hitting share prices.
European stocks closed lower on Monday following weak industrial production data for Germany, which stoked fears of a slowdown in Europe's largest economy.
July 2- Energy utility UGI Corp said it reached an agreement in principle to buy French oil major Total SA's LPG distribution business in France for about 400- 450 million euros. UGI distributed about 600 million retail gallons of LPG throughout Europe in fiscal 2013, including more than 250 million retail gallons of LPG by its unit Antargaz in France.
July 2- Energy utility UGI Corp said on Wednesday it would buy French oil major Total SA's LPG distribution business in France for about 400- 450 million euros. Total's French LPG business distributed over 265 million retail gallons in 2013, serving residential, commercial, industrial and autogas customers. Other terms of the deal were not disclosed.
BRASILIA, June 24- Brazil plans to sign over additional production rights to four fields that hold an estimated 10 billion to 14 billion barrels of oil directly to Petrobras, the National Energy Policy Council said on Tuesday, extending the state-run company's existing rights in the fields off the southeast coast.
European shares closed flat on Wednesday, as investors awaited the Federal Reserve's policy decision.
SOFIA, June 18- Bulgaria must push ahead with the Russian-backed South Stream gas pipeline project only if it complies with all European Union laws, opposition leader Boiko Borisov, the front-runner to be the next prime minister, told Reuters on Wednesday. The proposed pipeline to bring Russian gas under the Black Sea to Europe will make landfall in Bulgaria.
June 18- Oil and gas companies will increase exploration and production spending by 6 percent to $712 billion this year, despite a slight pullback in spending by industry majors, Barclays said. Spending by major oil companies is expected to remain flat this year, Barclays said in a report on Wednesday.
June 18- Oil and gas companies will increase exploration and production spending by 6 percent to $712 billion this year, despite a slight pullback in spending by industry majors, Barclays said.
Jonathan Waghorn of Guinness Global Energy Fund sees a clear path to $150-a-barrel levels for crude oil.
European shares closed slightly down flat on Friday amid concerns of escalating tensions in Iraq and rising oil prices.
The "Fast Money" traders share their final trades of the day.