Reuters: Energy

Brent June oil expires, ends down on euro zone fear

Wed, 16 May 2012 19:21:06 GMT

NEW YORK, May 16 (Reuters) - Brent crude futures fell on Wednesday as Greece's banking and political problems reinforced concerns about the euro zone's economy, pressuring equities and oil prices.

UPDATE 2-Argentina's YPF says NYSE shares could be delisted

Wed, 16 May 2012 18:49:26 GMT

* Analyst says YPF could easily resume compliance (Adds details throughout, analyst comment)

U.S. crude ends down on Greece, euro zone concerns

Wed, 16 May 2012 18:43:02 GMT

NEW YORK, May 16 (Reuters) - U.S. crude futures fell a fourth straight session on Wednesday as political turmoil and banking problems in Greece reinforced concerns about the euro zone's debt crisis, pulling equities and oil lower.

CANADA STOCKS-TSX rally fizzles as Greek fears mount

Wed, 16 May 2012 18:36:00 GMT

* Touches 2012 low at 11,305.62 as energy, financials weigh

TEXT-S&P rates Chesapeake Energy Corp

Wed, 16 May 2012 18:10:15 GMT

(The following statement was released by the rating agency)

UPDATE 1-U.S. set to seek G8 support for oil reserve release-Kyodo

Wed, 16 May 2012 18:04:56 GMT

May 16 (Reuters) - U.S. President Barack Obama is expected to seek support on Saturday from other Group of Eight leaders for releasing strategic oil reserves later this summer as a European Union embargo on Iranian crude comes into effect, Kyodo news agency reported on Wednesday, citing sources close to Japan-U.S. ties.

No conflict between France, US over strategic oil stocks

Wed, 16 May 2012 18:04:15 GMT

PARIS, May 16 (Reuters) - There should be no conflict between France and the United States over the question of releasing strategic oil stocks, a French diplomatic source said on Wednesday.

Valero: No output impact from Corpus Christi fire

Wed, 16 May 2012 17:58:55 GMT

(For refinery outages in the Reuters Oil Fundamentals Database see http://bond.views.session.rservices.com/CE/ or go to )

TEXT-S&P rates Rowan Cos sr unsecured notes 'BBB-'

Wed, 16 May 2012 17:56:04 GMT

(The following statement was released by the ratings agency)

DIARY- Spain corporate events

Wed, 16 May 2012 17:48:08 GMT

For more diaries, click on the bracketed items below:

Spain main events

European corporate events

Date GMT Company Name RIC Event

--------------------------------------------------

24/05 Grifols AGM

24/05 Acciona AGM

24/05 Ferrovial DIV

31/05 ACS AGM

U.S. set to seek G8 support for oil reserve release-Kyodo

Wed, 16 May 2012 17:37:37 GMT

May 16 (Reuters) - President Barack Obama is expected to seek support from other Group of Eight leaders for releasing strategic oil reserves later this summer, as a European Union embargo on Iranian crude comes into effect, Kyodo news agency reported on Wednesday, citing sources close to Japan-U.S. ties.

Nabucco group submits smaller project for Azeri gas

Wed, 16 May 2012 17:29:43 GMT

* Nabucco West significantly reduces project length, cost

UPDATE 1-Syria raises price for scarce diesel

Wed, 16 May 2012 17:24:10 GMT

* Military use for tanks increased (Adds details and quotes from business leaders)

U.S. weekly ethanol output up, stocks fall

Wed, 16 May 2012 17:15:02 GMT

May 16 (Reuters) - Supplies of U.S. ethanol shrank in the last week even as production climbed thanks to good demand for the alternative fuel, the Energy Information Administration reported on Wed nesday.

UPDATE 1-Two workers hurt in Texas fracking tank site blast

Wed, 16 May 2012 17:14:13 GMT

HOUSTON, May 16 (Reuters) - Two workers were hurt in an explosion at a hydraulic fracturing tank site in south Texas early on Wednesday, a sheriff's dispatcher said.

TEXT-Renewables funding not keeping up with energy demand-S&P

Wed, 16 May 2012 17:10:13 GMT

(The following statement was released by the ratings agency)

Valero: Corpus Christi refinery work has no material impact

Wed, 16 May 2012 16:59:11 GMT

HOUSTON, May 16 (Reuters) - Valero Energy Corp said work underway Wednesday on a butanizer in the west plant of its 142,000 barrel per day (bpd) Corpus Christi, Texas, refinery would have no material impact on production at the refinery.

Europe Gasoline/Naphtha-Gasoline dips under $1,000/T

Wed, 16 May 2012 16:56:25 GMT

LONDON, May 16 (Reuters) - European gasoline barge prices dipped under $1,000 a tonne on Wednesday, on the back of continued weak demand and increased production as refineries return online after maintenance.

Glencore tightens grip on global zinc market

Wed, 16 May 2012 16:38:47 GMT

* Warehouses there store two thirds of total LME zinc stocks

BRIEF - Moody's comments on Halliburton

Wed, 16 May 2012 16:36:04 GMT

May 16 (Reuters) - Moody's comments on Halliburton's ratings with respect to PEMEX bidding round (Caryn Trokie, New York Ratings Unit)

Two workers hurt in blast at Texas fracking tank site-sheriff

Wed, 16 May 2012 16:29:25 GMT

HOUSTON, May 16 (Reuters) - Two workers were hurt in an explosion early Wednesday at a hydraulic fracturing tank site in south Texas, a sheriff's dispatcher said.

UPDATE 2-Merkel ditches environment minister after poll rout

Wed, 16 May 2012 16:06:12 GMT

* Merkel taps loyal Bundestag ally for environment post

TEXT-S&P cuts Patriot Coal Corp to 'B-'

Wed, 16 May 2012 16:03:39 GMT

(The following statement was released by the rating agency) Overview

Snam, Fluxys buy Interconnector stake for 127 mln euros

Wed, 16 May 2012 15:59:35 GMT

MILAN, May 16 (Reuters) - Italian gas transport group Snam and Belgium's gas company Fluxys said on Wednesday they had reached an agreement to buy the 15.09 percent stake of German utility E.ON in Interconnector (UK).

Argentina's YPF says NYSE shares could be delisted

Wed, 16 May 2012 15:58:46 GMT

BUENOS AIRES, May 16 (Reuters) - State-controlled Argentine energy company YPF said it risks having its American Depositary Shares (ADS) delisted by the New York Stock Exchange since it is not complying with an audit committee requirement.