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Development plan for Exxon's seventh project in Guyana expected in Q1 2025

UPDATE 2-Development plan for Exxon's seventh project in Guyana expected in Q1 2025 Recasts top with seventh oil project, details on bidding round awards By Kemol King GEORGETOWN, Aug 14 (Reuters) - A development plan for Guyana's seventh offshore oil project is expected early next year, Natural Resources Minister Vickram Bharrat said on Wednesday, and would bring the South American nation's total oil production to more than 1.4 million barrels per day.
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Middle East Crude-Brent's premium to Dubai hits 10-month high

Middle East Crude-Brent's premium to Dubai hits 10-month high SINGAPORE, Aug 13 (Reuters) - Middle East crude benchmarks Oman, Dubai and Murban rose on Tuesday, supported by firm demand in Asia as alternative supplies from other regions are becoming more expensive. Brent's premium to Dubai crude DUB-EFS-1M extended gains, rising 40 cents to $2.65 a barrel, the highest since October 2023. The widening spread between the two benchmarks makes Middle East crude more attractive to Asian buyers, compa
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Libya's National Oil Corporation declares force majeure in Sharara oilfield

UPDATE 1-Libya's National Oil Corporation declares force majeure in Sharara oilfield Adds comments from NOC statement and background throughout Aug 7 (Reuters) - Libya's National Oil Corporation (NOC) has declared force majeure in its Sharara oilfield from August 7, a statement from NOC said on Wednesday. The NOC said that the current circumstances at the Sharara oilfield, which has a capacity of 300,000 barrels per day, prevented the company "from carrying out the crude oil loading operations."
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Spanish stocks - Factors to watch on Aug 7

Spanish stocks - Factors to watch on Aug 7 Aug 7 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: REPSOL REP.MC Repsol said on Tuesday it started a buyback program of up to 1.70% of its share capital. nL8N3JT3JJ NEINOR HOMES HOME.MC Neinor Homes is finalising a deal to take over the management of Habitat by buying from US fund Bain Capital a 10% stake
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Repsol Starts Buy-Back Programme Of Max 20 Mln Shares

BRIEF-Repsol Starts Buy-Back Programme Of Max 20 Mln Shares Aug 6 (Reuters) - Repsol SA REP.MC : STARTS BUY-BACK PROGRAMME PROGRAM TO START ON AUG 7, TO REMAIN IN FORCE UNTIL DEC 31 MAXIMUM NET INVESTMENT OF BUYBACK TO BE 421.3 MILLION EUROS MAXIMUM NUMBER OF SHARES TO BE ACQUIRED UNDER PROGRAMME TO BE 20.0 MILLION SHARES, 1.70% OF SHARE CAPITAL TO
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Oil production is reduced in Libya's Sharara field production, NOC says

UPDATE 1- Oil production is reduced in Libya's Sharara field production, NOC says Adds background, oil production at the field reaching 200,000 barrels on Tuesday Aug 6 (Reuters) - Libya's National Oil Corporation (NOC) said on Tuesday that it is gradually reducing production from the Sharara field, one of Libya's largest oil fields, citing force majeure due to protests in the area.
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Spanish stocks - Factors to watch on August 6

Spanish stocks - Factors to watch on August 6 Aug 6 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TALGO TLGO.MC Skoda Group's chief executive Petr Novotny told Spanish newspaper Cinco Dias his firm will approach Talgo again this week about combining the two companies' industrial activities, noting the Czech firm might consider a cash bid once it has d
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Venezuela oil exports fall in July on processing outages, cargo delays

Venezuela oil exports fall in July on processing outages, cargo delays U.S. emerged as first destination of Venezuela's crude exports Outages reduced stocks of exportable diluted crude oil By Marianna Parraga and Mircely Guanipa HOUSTON/MARACAY, Aug 5 (Reuters) - Venezuela's oil exports fell in July as crude processing units were hit by outages, reducing stocks available from the country's main producing region and increasing delays to load cargoes, according to documents and vessel monitoring d
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Libya's Sharara oilfield output down 60,000 bpd - sources

UPDATE 2-Libya's Sharara oilfield output down 60,000 bpd - sources Recasts with sources on output cuts, video of protesters in paragraph 6 Aug 5 (Reuters) - Oil production at Libya's Sharara field, one of the country's largest production areas has been reduced by 60,000 barrels a day, or about 20% of its capacity, due to ongoing protests in the area, two field engineers said on Monday.
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Spanish stocks - Factors to watch on Aug 5

Spanish stocks - Factors to watch on Aug 5 Aug 5 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: REPSOL REP.MC Nigeria's state oil firm NNPC has sold its first three cargoes of its new light, sweet crude grade Utapate to Spain's Repsol and Dubai-based Gulf Transport and Trading (GTT), NNPC and sources said.
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W. Africa Crude-Forcs offers slip, NNPC awards Utapate

UPDATE 1-W. Africa Crude-Forcs offers slip, NNPC awards Utapate Adds detail on Utapate LONDON, Aug 2 (Reuters) - Offers for Nigerian Forcados crude dipped lower at the end of the trading week, while Nigeria's state-owned NNPC awarded its first supplies of Utapate. * Offers for Forcados have slipped into the dated Brent +$3s, a trader said, after the grade was offered earlier in the week at around dated +$4.00. * Nigeria's state oil firm NNPC has sold its first three cargoes of its new light, swe
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W. Africa Crude-Forcs offers slip, NNPC awards Utapate

W. Africa Crude-Forcs offers slip, NNPC awards Utapate LONDON, Aug 2 (Reuters) - Offers for Nigerian Forcados crude dipped lower at the end of the trading week, while Nigeria's state-owned NNPC awarded its first supplies of Utapate. * Offers for Forcados have slipped into the dated Brent +$3s, a trader said, after the grade was offered earlier in the week at around dated +$4.00. * Nigeria's state oil firm NNPC has sold its first three cargoes of its new light, sweet crude grade Utapate to Spain'
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Nigeria sells new crude grade to Repsol, Gulf Transport and Trading

Nigeria sells new crude grade to Repsol, Gulf Transport and Trading By Julia Payne and Isaac Anyaogu BRUSSELS/LAGOS, Aug 2 (Reuters) - Nigeria's state oil firm NNPC has sold its first three cargoes of its new light, sweet crude grade Utapate to Spain's Repsol and Dubai-based Gulf Transport and Trading (GTT), NNPC and sources said. The new grade has an API gravity of 43.7 degrees and a sulphur content of 0.065%, a crude assay document seen by Reuters showed.
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Oil Product Deliveries To Spanish Market From Fuel Distributor Exolum Terminals Increased By 8.4% In July YoY

BRIEF-Oil Product Deliveries To Spanish Market From Fuel Distributor Exolum Terminals Increased By 8.4% In July YoY Aug 2 (Reuters) - Exolum: OIL PRODUCT DELIVERIES TO THE SPANISH MARKET FROM FUEL DISTRIBUTOR EXOLUM TERMINALS INCREASED BY 8.4% IN JULY YEAR ON YEAR Source text: https://tinyurl.com/5yr6amy2 (Gdansk Newsroom)
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Venezuela's oil industry operating normally amid election protests

Venezuela's oil industry operating normally amid election protests CARACAS, Aug 1 (Reuters) - Venezuela's oil production and exports were working normally on Thursday following last weekend's disputed presidential election that has triggered protests and international reactions, but shipping delays accumulated since early this year persist, sources said.
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Repsol And Volotea Sign Agreement For SAF Supply In Spain Until 2029

BRIEF-Repsol And Volotea Sign Agreement For SAF Supply In Spain Until 2029 Aug 1 (Reuters) - Repsol SA REP.MC : SIGNS AGREEMENT WITH VOLOTEA FOR SUPPLY OF SAF IN SPAIN UNTIL 2029 COMPANIES PLAN TO SUPPLY MORE THAN 6 MILLION LITRES OF SUSTAINABLE AVIATION FUEL BETWEEN 2025 AND 2029 Further company coverage: REP.MC (Gdansk Newsroom)
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Indonesia aims to accelerate carbon storage sector development

Indonesia aims to accelerate carbon storage sector development JAKARTA, July 31 (Reuters) - Indonesian government aims to accelerate development of a carbon capture and storage (CCS) industry to help fight climate change and is confident the next administration will continue the push, a senior official said on Wednesday. Indonesia is keen to use hundreds of gigatonnes of storage capacity in saline aquifers and depleted oil and gas reservoirs to store carbon dioxide, tapping demand from countries
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Repsol Agrees With IAG Purchase Of 28,000 SAF Tonnes In Spain

BRIEF-Repsol Agrees With IAG Purchase Of 28,000 SAF Tonnes In Spain July 29 (Reuters) - REPSOL REP.MC : AGREES WITH IAG PURCHASE OF SAF IN SPAIN AGREEMENT FOR PURCHASE AND SUPPLY OVER NEXT SIX MONTHS OF MORE THAN 28,000 TONNES OF SUSTAINABLE AVIATION FUEL (SAF) Further company coverage: ICAG.L REP.MC (Gdansk Newsroom)
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Jet2, Natwest Group, Unilever

EUROPE RESEARCH ROUNDUP-Jet2, Natwest Group, Unilever July 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Jet2, Natwest Group and Unilever, on Monday. HIGHLIGHTS * BAE Systems BAES.L : Citigroup raises to buy from neutral * Drax Group Plc DRX.L : Morgan Stanley raises target price to 670p from 650p * Jet2 Plc JET2.L : HSBC raises target price to 2020p from 1980p * Natwest Group Plc NWG.L : Berenberg raises target price to 415p
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Spanish stocks - Factors to watch on July 29

Spanish stocks - Factors to watch on July 29 July 29 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SABADELL SABE.MC Sabadell said on Monday it will proceed with an early redemption of 3.2 million euros worth of bonds ($3.47 million).
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