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U.S. Coast Guard says hurricane may shut oil ports

UPDATE 2-U.S. Coast Guard says hurricane may shut oil ports Updates status of Corpus Christi port, adds storm update By Erwin Seba and Arathy Somasekhar HOUSTON, July 6 (Reuters) - The U.S. Coast Guard warned of possible Texas port closures from Corpus Christi to Houston and began restricting vessel traffic because of Tropical Storm Beryl, which is expected to become a hurricane before making landfall by Monday morning south of Port Lavaca.
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Tropical Storm Beryl to have little impact on US offshore oil output, companies say

UPDATE 2-Tropical Storm Beryl to have little impact on US offshore oil output, companies say Adds comments from BP in paragraph 8 and Citgo in paragraph 11, updates port conditions in paragraph 12 By Arathy Somasekhar HOUSTON, July 5 (Reuters) - Tropical Storm Beryl is expected to have little impact on U.S. offshore oil and gas production, energy companies said on Friday while evacuating personnel from some facilities out of caution.
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Tropical Storm Beryl to have little impact on US offshore oil output, companies say

Tropical Storm Beryl to have little impact on US offshore oil output, companies say By Arathy Somasekhar HOUSTON, July 5 (Reuters) - Tropical Storm Beryl is expected to have little impact on U.S. offshore oil and gas production, energy companies said on Friday while evacuating personnel from some facilities out of caution. Beryl was downgraded from a hurricane and shifted over Mexico's Yucatan Peninsula with maximum sustained winds dipping to 70 mph (113 kph), the U.S.
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Chevron puts workers on furlough at idled German biofuels plant - Bloomberg News

MEDIA-Chevron puts workers on furlough at idled German biofuels plant - Bloomberg News -- Source link: https://tinyurl.com/23su8jam -- Note: Reuters has not verified this story and does not vouch for its accuracy
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North Sea Crude-Johan Sverdrup offered lower

North Sea Crude-Johan Sverdrup offered lower LONDON, July 5 (Reuters) - Norwegian flagship Johan Sverdrup crude differentials edged lower in the week's final trading session, while North Sea producers digested news of a Labour party victory in the UK general election. UK ELECTION * North Sea oil and gas producers urged Britain's incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax on the sector, warning it could lead to a rapid decline in output and rev
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Chevron removes nonessential personnel from Gulf of Mexico facilities as Beryl approaches

Chevron removes nonessential personnel from Gulf of Mexico facilities as Beryl approaches July 4 (Reuters) - Chevron Corp CVX.N said on Thursday that non-essential personnel from its Gulf of Mexico facilities, including workers at its Anchor platform, are being removed due to approaching Hurricane Beryl. Production from Chevron-operated assets in the Gulf of Mexico remains at normal levels, the company said.
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North Sea Crude-Diffs steady as no activity in window

North Sea Crude-Diffs steady as no activity in window LONDON, July 4 (Reuters) - North Sea crude differentials were steady on Thursday as there were no trades, offers or bids in the trading window. PLATTS WINDOW * Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP). * No deals, offers or bids appeared in the trading window.
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Mexico issues 'red alert' as Hurricane Beryl hurtles toward coast

UPDATE 9-Mexico issues 'red alert' as Hurricane Beryl hurtles toward coast Cayman Islands issues all clear after Jamaica battered Mexico's Yucatan in path, Cancun braces for impact At least 11 dead in Caribbean islands, Venezuela Parts of St. Vincent and the Grenadines 'flattened' Adds latest NHC forecast By Jose Cortes and Paola Chiomante TULUM/CANCUN, Mexico, July 5 (Reuters) - Mexico's top tourist destinations were on red alert as Hurricane Beryl churned toward the coast on Thursday evening a
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Middle East reignites Santos' M&A pipe dreams

CORRECTED-RPT-BREAKINGVIEWS-Middle East reignites Santos' M&A pipe dreams Corrects in paragraph 5 to show enterprise value is $24 billion, not $20 billion. The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Antony Currie MELBOURNE, July 4 (Reuters Breakingviews) - Santos STO.AX CEO Kevin Gallagher has been making it abundantly clear for a while that he's up for selling parts or all of the $17 billion Australian oil and gas driller.
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Middle East reignites Santos' M&A pipe dreams

CORRECTED-BREAKINGVIEWS-Middle East reignites Santos' M&A pipe dreams Corrects in paragraph 5 to show enterprise value is $24 billion, not $20 billion. The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Antony Currie MELBOURNE, July 4 (Reuters Breakingviews) - Santos STO.AX CEO Kevin Gallagher has been making it abundantly clear for a while that he's up for selling parts or all of the $17 billion Australian oil and gas driller.
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Chevron Richmond, California Refinery Reports Unit Start Up

BRIEF-Chevron Richmond, California Refinery Reports Unit Start Up July 3 (Reuters) - Chevron Corp CVX.N : REPORTS 3/4 INCH BLEEDER VALVE WAS NOT FULLY CLOSED DURING THE START UP OF 4H2S UNIT CAUSING RELEASE OF MATERIAL INTO ATMOSPHERE AT RICHMOND, CALIFORNIA REFINERY REPORTS RELEASE OCCURRED FOR APPROXIMATELY 8 MINUTES AND WAS THEN STOPPED REFINERY
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Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana

Venture Global seeks to introduce gas to generator at Plaquemines LNG plant in Louisiana July 3 (Reuters) - U.S. liquefied natural gas company Venture Global LNG sought permission on Wednesday from U.S. energy regulators to take another step towards start-up of its new Plaquemines export plant in Louisiana by fueling its generator. Plaquemines is under construction and is expected to be the next U.S.
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North Sea Crude-WTI Midland continues to slip on lower sale price

North Sea Crude-WTI Midland continues to slip on lower sale price LONDON, July 3 (Reuters) - WTI Midland crude differentials weakened further on Wednesday with a sale from Chevron to ExxonMobil while there were no indications on North Sea benchmark grades. PLATTS WINDOW * Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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US law firms smell opportunity as Supreme Court guts agency powers

US law firms smell opportunity as Supreme Court guts agency powers By Mike Scarcella July 3 (Reuters) - Law firms are capitalizing on client uncertainty sparked by a flurry of new U.S. Supreme Court rulings that favored opponents of federal agency powers, even as lawyers themselves differ on the decisions' immediate and long-term effects. Within hours of the decisions , major U.S.
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U.S. Ardelyx, Eli Lilly, Tesla

U.S. RESEARCH ROUNDUP-Ardelyx, Eli Lilly, Tesla July 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ardelyx, Eli Lilly and Tesla, on Wednesday. HIGHLIGHTS * Ardelyx Inc ARDX.O : Piper Sandler cuts to neutral from overweight * Eli Lilly LLY.N : Jefferies raises target price to $1,041 from $1,015 * Nicolet Bankshares Inc NIC.N : Stephens raises target price to $90 from $88 * Tesla Inc TSLA.O : Wedbush raises target
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Exxon-Hess arbitration panel nears formation, sources say

Exxon-Hess arbitration panel nears formation, sources say By Sabrina Valle HOUSTON, July 2 (Reuters) - The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's XOM.N claim against Chevron's CVX.N $53 billion purchase of Hess Corp HES.N , two people familiar with the matter told Reuters. The panel's formation would be a milestone in a long-delayed process that has cast uncertainty over the mega-merger, which both Chevron and Hess had hoped would close in
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Oil majors show interest in Galp's Namibia oil prospect, sources say

UPDATE 1-Oil majors show interest in Galp's Namibia oil prospect, sources say Adds Apache declined to comment By Ron Bousso, Sabrina Valle and Sergio Goncalves LONDON, July 2 (Reuters) - More than 12 oil companies, including Exxon, Shell and Brazil's national oil company, have expressed interest in buying a 40% stake in Galp Energia's GALP.LS major oil discovery offshore Namibia, sources close to the sale process said.
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Sustainable Switch: US Supreme Court curbs 'Chevron deference' 

Sustainable Switch: US Supreme Court curbs 'Chevron deference'  By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello! This week’s newsletter opens with the United States Supreme Court ruling that overturned a legal precedent that had given deference to government agencies in interpreting laws, whilst in Europe, business leaders say that a political tilt to the right on the continent and a potential Trump presidency in the United States will not dera
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Over a dozen oil firms show interest in Galp's Namibia oil prospect, sources say

Over a dozen oil firms show interest in Galp's Namibia oil prospect, sources say By Ron Bousso, Sabrina Valle and Sergio Goncalves LONDON, July 2 (Reuters) - Over 12 oil companies, including Exxon, Shell and Brazil's national oil company, have expressed interest in buying a 40% stake in Galp Energia's GALP.LS major oil discovery offshore Namibia, sources close to the sale process said.
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Venezuela's June oil exports almost unchanged at 760,000 bpd

Venezuela's June oil exports almost unchanged at 760,000 bpd By Marianna Parraga and Mircely Guanipa HOUSTON, July 1 (Reuters) - Venezuela's June oil exports were largely flat at around 760,000 barrels per day (bpd) as U.S. licenses supported half of month's shipments to destinations in the U.S. and Europe, according to shipping data and documents.
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