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Middle East Crude-Oman, Dubai premiums rise; Murban falls

Middle East Crude-Oman, Dubai premiums rise; Murban falls SINGAPORE, Oct 2 (Reuters) - Middle East crude benchmarks were mixed on Wednesday, with the Oman and Dubai crude benchmark premiums rising, while the Murban benchmark premium fell. Spot premiums for Dubai and Murban are nearly on par at $1.59 and $1.60, respectively. INVENTORIES: - U.S. crude oil and distillate stockpiles fell last week, while gasoline inventories rose, according to market sources citing American Petroleum Institute figur
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European oil stocks gain, tracking oil prices amid Middle East supply concerns

BUZZ-European oil stocks gain, tracking oil prices amid Middle East supply concerns ** Shares in European oil and gas companies rise, tracking oil prices that jumped on fears over Middle East supply disruptions ** The pan-European oil and gas index .SXEP is up 1.9% at 0722 GMT and on track for its biggest daily jump in eight weeks if the gains hold
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British oil majors rise as Middle East tensions escalate

BUZZ-British oil majors rise as Middle East tensions escalate ** Shares of British oil majors Shell SHEL.L and BP BP.L track crude prices higher to jump 2.8% and 2.6%, respectively ** Oil prices rose due to concerns Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran's biggest ever military blow against Israel ** BP, Shell among top pct gainers in the blue-chip FTSE 100 .FTSE index ** Brent LCOc1 crude futures up 2.2% at $75.18/bbl, while U.S.
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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Big oil's big payouts under strain as energy prices fall

UPDATE 1-Big oil's big payouts under strain as energy prices fall Oil majors paid shareholders $272 bln last year Lower oil prices, refining margins to curb profits Some companies to borrow, others to cut payouts, analysts say Updates with Chevron comment, Shell declined to comment in paragraphs 22 and 23 By Ron Bousso LONDON, Oct 1 (Reuters) - Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop in oil price
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Venture Global gets OK to take step in commercializing Louisiana Calcasieu LNG plant

UPDATE 1-Venture Global gets OK to take step in commercializing Louisiana Calcasieu LNG plant Adds details By Scott DiSavino Oct 1 (Reuters) - U.S. liquefied natural gas (LNG) company Venture Global LNG got approval from U.S. energy regulators on Tuesday to re-introduce hazardous fluids to part of the company's Calcasieu LNG export plant in Louisiana.
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Big oil's big payouts under strain as energy prices fall

Big oil's big payouts under strain as energy prices fall Oil majors paid shareholders $272 bln last year Lower oil prices, refining margins to curb profits Some companies to borrow, others to cut payouts, analysts say By Ron Bousso LONDON, Oct 1 (Reuters) - Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop in oil prices after more than two years of bumper profits , analysts said.
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Middle East Crude-Dubai and Murban premiums ease while Oman gains

Middle East Crude-Dubai and Murban premiums ease while Oman gains SINGAPORE, Oct 1 (Reuters) - Spot premiums for Middle East crude benchmarks Dubai and Murban eased on Tuesday while Oman premiums edged up after a previous decline. INVENTORIES: - U.S. crude oil and fuel stockpiles were expected to have fallen last week, a preliminary Reuters poll showed on Monday.
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US regulators back Venture Global LNG in equipment problems claims

US regulators back Venture Global LNG in equipment problems claims HOUSTON, Sept 27 (Reuters) - U.S. regulators on Friday said Venture Global LNG has taken adequate steps to correct equipment problems at a Louisiana gas-processing plant that has kept the company from delivering cargoes to long-term contract customers for two years. The finding by the Federal Energy Regulatory Commission lends support to the U.S.
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Storm Helene prompts US Gulf Coast energy facilities to scale back operations

RPT-FACTBOX-Storm Helene prompts US Gulf Coast energy facilities to scale back operations Repeats to add headline tag, no change to content of item Sept 26 (Reuters) - Energy facilities along the U.S. Gulf Coast reduced operations and evacuated production sites as Hurricane Helene, initially a Category 4 storm, made landfall before weakening to a tropical storm.
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Storm Helene prompts US Gulf Coast energy facilities to scale back operations

Storm Helene prompts US Gulf Coast energy facilities to scale back operations Updates table with the latest data, updates paragraphs 1-3 Sept 26 (Reuters) - Energy facilities along the U.S. Gulf Coast reduced operations and evacuated production sites as Hurricane Helene, initially a Category 4 storm, made landfall before weakening to a tropical storm.
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About 25% of Gulf Of Mexico oil production shut in due to Hurricane Helene

UPDATE 1-About 25% of Gulf Of Mexico oil production shut in due to Hurricane Helene Adds details, paragraph 4-7 Sept 26 (Reuters) - About 25% of crude oil production and 20% of natural gas output in the U.S. Gulf of Mexico was shut in as a result of Hurricane Helene, the Bureau of Safety and Environmental Enforcement said on Thursday. Energy producers had shut-in 441,923 barrels per day of oil production and nearly 363.4 million cubic feet of natural gas from Gulf waters, the bureau said.
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European oil stocks fall tracking lower oil prices

BUZZ-European oil stocks fall tracking lower oil prices ** Shares in European oil companies move lower, tracking oil prices , which fell on prospects of Saudi Arabia raising output ** Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, the Financial Times reported ** "Moment
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Hurricane Helene prompts US Gulf Coast energy facilities to scale back operations

FACTBOX-Hurricane Helene prompts US Gulf Coast energy facilities to scale back operations Adds KinderMorgan, BP and Chevron update in table Sept 26 (Reuters) - Energy facilities along the U.S. Gulf Coast scaled back operations and evacuated some production sites as Hurricane Helene is expected to bring catastrophic winds and storm surges to the northeastern Gulf Coast.
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UK oil companies fall tracking decline in crude prices

BUZZ-UK oil companies fall tracking decline in crude prices ** Shares of British oil majors Shell SHEL.L and BP BP.L drop 4% and 4.6%, respectively, tracking weaker crude prices ** BP, Shell among top pct losers on the blue-chip FTSE 100 .FTSE index ** Brent LCOc1 crude futures down 2.42% at $71.68/bbl, while U.S. West Texas Intermediate crude CLc1 2.45% lower at $67.98/bbl as of 0714 GMT O/R ** Oil prices dropped as news of top exporter Saudi Arabia giving up its crude oil price target in prepa
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UK Stocks-Factors to watch on Sept. 26

UK Stocks-Factors to watch on Sept. 26 Sept 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * THAMES WATER: S&P and Moody's slashed the credit rating of Thames Water with both firms warning that it was fast running out of money and on the brink of default. * AI: U.S. private equity firm Blackstone BX.N has confirmed a $13.3 billion investment for an artificial intelligence data centre in northeast England, the British prime minister's
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BP reduces personnel from Gulf of Mexico facilities amid Hurricane Helene

BP reduces personnel from Gulf of Mexico facilities amid Hurricane Helene Sept 26 (Reuters) - BP BP.L said on Wednesday the company has secured offshore facilities and removed some non-essential personnel from Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse platforms in the Gulf of Mexico in response to Hurricane Helene. Reporting by Daksh Grov
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Trinidad selects Shell as preferred bidder for shallow water block, sources say

Trinidad selects Shell as preferred bidder for shallow water block, sources say By Curtis Williams Sept 25 (Reuters) - Trinidad and Tobago selected oil and gas producer Shell SHEL.L as the preferred bidder for a shallow water block, beating out bids from BP BP.L and EOG Resources EOG.N , three people close to the process said. Trinidad and Tobago has in recent years struggled to feed its liquefied natural gas and petrochemical plants as its natural gas production declines.
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BP scouts for opportunities in India, to hold board meeting

BP scouts for opportunities in India, to hold board meeting NEW DELHI, Sept 25 (Reuters) - Global energy major BP BP.L said on Wednesday it is holding a board meeting in India this week, as it scouts for more opportunities in the country. India, the world's third-biggest oil importer and consumer, wants to quickly raise its oil and gas output, which has been stagnant for years.
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Storm Helene's eastward tack eases pressure on offshore US oil

UPDATE 1-Storm Helene's eastward tack eases pressure on offshore US oil Adds oil, gas production shut, port restrictions at paragraphs 4-7 By Gary McWilliams and Marianna Parraga HOUSTON, Sept 24 (Reuters) - Tropical Storm Helene was expected to turn eastward on its track through the Caribbean and into the Gulf of Mexico, increasing the threat of high winds and heavy rains to Cuba and Florida but lessened the risk to U.S.
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