industry

WELLINGTON, Oct 20 - Australian oil and gas producer Cue Energy (CUE.AX) will list on the New Zealand stock exchange to allow local investors a chance to invest in its New Zealand oil field, the company said on Tuesday. Cue Energy, which also has oil and gas assets in Australia, ...
NEW YORK, Oct 19 - A federal jury in New York City ruled Exxon Mobil Corp (XOM.N) had polluted the city's ground water and ordered the oil giant to pay $105 million in damages, the city said in a statement on Monday. The city contended Exxon knew that gasoline additive methyl ...
RIO DE JANEIRO, Aug 19 - Brazil's state-run oil company Petrobras said on Monday domestic oil output rose 1.2 percent in September, compared with August, to a record high as it completed platform maintenance and boosted output at some wells. Petrobras (PETR4.SA)(PBR.N) said ...
CALGARY, Alberta, Oct 18 - First, the good news: if you're an investor in Canadian energy stocks, the worst may be over for natural gas markets. But before getting giddy, remember that the oil patch starts reporting third-quarter financial results this week, and those numbers won...
NEW YORK, Oct 19 - Spectra Energy (SE.N) units Maritimes U.S. and Maritimes Canada said in separate website postings Monday that the Sable Offshore Energy natural gas production project off the coast of Nova Scotia was running at reduced rates. "Maritimes has leaned that the ...
BEIJING, Oct. 19 - The Iraqi government has approved a contract with a British-Chinese consortium to develop a prized oil field in southern Iraq, a significant achievement for a country that has struggled to attract foreign investors despite its vast natural resource wealth. The ...
HOUSTON, Oct 18 - Valero Energy Corp (VLO.N) was restarting a hydrocracking unit at the west plant of its 315,000 barrel per day (bpd) Corpus Christi, Texas, refinery, according to a notice filed on Sunday with state pollution regulators. The unit, which uses hydrogen under high ...
SYDNEY, Oct 19 - U.S. oil company Chevron Corp (CVX.N) has made a gas discovery off west Australia, which could underpin its plans for the expansion of the $37 billion Gorgon liquefied natural gas project. Chevron, operator and 47.75-percent owner of the Gorgon project, said late ...
WASHINGTON - Iraq has the potential to greatly expand its oil production, but development will not take place overnight, an executive with ConocoPhillips (COP.N) said on Thursday. "The potential is there, but just like with anything, these things take time," said Darren Jones, ...
JERUSALEM, Oct 25 - Israel's Oil Refineries (ORL.TA) said on Sunday its third-quarter adjusted refining margin would be above $7 a barrel. Oil Refineries, Israel's biggest refinery, said its adjusted margin was expected to be substantially higher than the Reuters refining margin ...
HOUSTON, Oct 25 - Chevron Corp (CVX.N) reported flaring at its 279,000 barrel per day (bpd) Los Angeles-area refinery in El Segundo, California, on Saturday, according to a notice filed with California pollution regulators. Chevron began a planned overhaul on Oct 14 of the El ...
PERTH, Oct 22 - Australian oil and gas producer Santos Ltd (STO.AX) reported a 5 percent gain in third-quarter output on Thursday and kept its full-year production outlook. Santos, Australia's third-largest oil and gas producer, said total output in the September quarter was 13.9 ...
MEXICO CITY, Oct 25 - Mexican oil production fell in September from a year ago but was higher than August, lending further support to the government's claim that oil production levels are stabilizing after years of decline. Mexico produced 2.599 million barrels per day of crude ...
Oct 21 - Independent exploration and production company Newfield Exploration Co (NFX.N) posted a nine-fold fall in third-quarter profit, hurt by $155 million in unrealized losses on commodity derivatives and weak natural gas prices. For the quarter, the company's net income was ...
CALGARY, Alberta, Oct 21 - Husky Energy Inc's (HSE.TO) quarterly profit fell 73 percent as oil and gas prices tumbled from year-earlier levels and production at its offshore Newfoundland oil fields declined, the Canadian oil producer and refiner said on Wednesday. Husky, ...
BOSTON, Oct 21 - General Electric Co (GE.N) has received a $400 million order to supply equipment to the world's biggest new liquefied natural gas development, being built by Chevron Corp (CVX.N) in Australia. The biggest U.S. conglomerate said on Wednesday that it had been ...
HOUSTON, Oct 21 - The U.S. Occupational Safety and Health Administration sent BP Plc's (BP.L) request for more time to fix safety problems at its Texas City, Texas, refinery to a review commission, according to an Oct. 15 letter the agency sent the British energy giant. OSHA ...
SAN FRANCISCO, Oct 27 - Massey Energy Co (MEE.N),which has idled coal mines to cut costs, reported a drop in quarterly profit on Tuesday and trimmed its shipment outlook as demand remained weak, knocking 4 percent off its shares. "Coal contracting and shipment activities remained ...
NEW YORK, Oct. 20 - Crude prices retreated from 80 U.S. dollars a barrel after the dollar rebounded from a fresh 14-month low. Light, sweet crude for November delivery pulled back after briefly topping 80 dollars a barrel and settled 52 cents down to 79.09 dollars a barrel on the ...
ABU DHABI, Oct. 27 - The 2009 Arab Oil and Gas Show, one of the leading networking platforms for the world's energy industry, opened Tuesday at the International Convention and Exhibition Center in Dubai, the United Arab Emirates (UAE). Saeed Al Tayer, head of Dubai Electricity ...
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