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Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say

EXCLUSIVE-Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say Blackstone in talks to buy interstate pipeline stakes EQT said in July would sell stakes as part of debt reduction Stakes include piece of Mountain Valley Pipeline By David French Oct 25 (Reuters) - Private equity firm Blackstone BX.N is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp EQT.N for about $3.5 billion, people familiar with the matter sa
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North Sea Crude-Forties offered higher

North Sea Crude-Forties offered higher LONDON, Oct 25 (Reuters) - North Sea and U.S. WTI Midland crude differentials were stable on Friday, with the sole indication being an offer of Forties higher than the last assessment. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Anglo American, Munich Re, Stora Enso Oyj

EUROPE RESEARCH ROUNDUP-Anglo American, Munich Re, Stora Enso Oyj Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Munich Re and Stora Enso Oyj , on Friday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2150p from 2200p * Brooks MacDonald Group Plc BRK.L : Peel Hunt cuts to add from buy * DSV DSV.CO : HSBC raises to buy from hold * Munich Re MUVGn.DE : Berenberg cuts to hold for buy * Stora
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Equinor says gas delivery remains unaffected by Sleipner fields incidents

Equinor says gas delivery remains unaffected by Sleipner fields incidents OSLO, Oct 25 (Reuters) - Norway's Equinor EQNR.OL continues to meet its gas supply commitments to Europe following two recent security incidents at its Sleipner field in the North Sea, the company said on Friday. Equinor on Tuesday said gas production from the Sleipner B platform was shut following a smoke alert in an electrical facility, and later said flames were briefly observed, cutting its output capacity by 5.1 milli
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Med crude-Urals diffs stable, oil exports from Russia's western ports to fall in Nov

Med crude-Urals diffs stable, oil exports from Russia's western ports to fall in Nov MOSCOW, Oct 24 (Reuters) - Urals crude oil differentials to dated Brent were steady again on Thursday, while Russia's oil exports from its three main western ports will fall in November from the previous month as refinery maintenance season is over, market sources said.
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North Sea Crude-North Sea grades stable in thin trade

North Sea Crude-North Sea grades stable in thin trade LONDON, Oct 24 (Reuters) - North Sea and U.S. WTI Midland crude differentials were stable on Thursday in thin trade, while investors digested third-quarter financial results from Norway's Equinor. * Norway's Equinor EQNR.OL said on Thursday it may invest less in renewable energy towards 2030 following its acquisition this month of a stake in wind power group Orsted ORSTED.CO , while reporting weaker-than-expected third-quarter profits.
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Equinor ASA reports results for the quarter ended in September 30 - Earnings Summary

Equinor ASA reports results for the quarter ended in September 30 - Earnings Summary Equinor ASA EQNR.N reported quarterly adjusted earnings of 79 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 92 cents. The lone analyst forecast for the quarter was for earnings of 74 cents per share.
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Equinor sees upward gas price pressure, lower storages next year

UPDATE 1-Equinor sees upward gas price pressure, lower storages next year Changes sourcing and updates with new quotes, detail throughout By Nora Buli OSLO, Oct 24 (Reuters) - European gas prices are still subject to upward pressure due to rising demand in Asia and concerns over future supply of Russian and liquefied natural gas (LNG), the CEO of Norwegian oil and gas producer Equinor said on Thursday.
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Middle East Crude-Dubai, Oman stablise, Murban close to 2-month low

Middle East Crude-Dubai, Oman stablise, Murban close to 2-month low SINGAPORE, Oct 24 (Reuters) - Middle East crude benchmark premiums for Dubai and Oman stablised on Thursday, while the premium for Murban fell for a second session to a near two-month low. Taiwanese refiner CPC bought 6 million barrels of West Texas Intermediate (WTI) crude for January arrival at $2.9-$3.10 a barrel above December dated Brent on a cost and freight basis.
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Asia Naphtha/Gasoline-Naphtha crack reaches 10-day high; PSO seeks Dec-loading gasoline

Asia Naphtha/Gasoline-Naphtha crack reaches 10-day high; PSO seeks Dec-loading gasoline Oct 24 (Reuters) - Asia's naphtha margins hit a 10-day high on Thursday, as stronger regional demand boosted the market after some refineries came back online following maintenance. The crack climbed to $114.38 per metric ton over Brent crude, its highest since Oct.
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Assa Abloy, Kering, L'Oréal

EUROPE RESEARCH ROUNDUP-Assa Abloy, Kering, L'Oréal Oct 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Assa Abloy, Kering and L'Oréal, on Thursday. HIGHLIGHTS * Assa Abloy ASSAb.ST : Deutsche Bank raises target price to SEK 305 from SEK 300 * Barratt Redrow Plc BTRW.L : Morgan Stanley cuts target price to 580p from 600p * Dowlais Group Plc DWL.L : Citigroup raises to neutral from sell * Kering PRTP.PA : JP Morgan cuts target
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Output from Norway's largest oilfield to begin decline in 2025, Equinor says

Output from Norway's largest oilfield to begin decline in 2025, Equinor says OSLO, Oct 24 (Reuters) - Norway's largest oilfield Johan Sverdrup is expected to come off its production plateau early next year, operator Equinor EQNR.OL said on Thursday. The field hit record daily output of more than 756,000 barrels of oil per day in September, equivalent to some 6%-7% of Europe's daily oil consumption, according to Equinor.
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Europe before the bell: Tesla and other earnings for breakfast

LIVE MARKETS-Europe before the bell: Tesla and other earnings for breakfast Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE BEFORE THE BELL: TESLA AND OTHER EARNINGS FOR BREAKFAST European shares were set for a minor gains at the open on Thursday on very busy day for earnings, as a strong sales forecast from Tesla TSLA.O that sent its shares rallying offset uncertainty ove
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Equinor CEO expects lower European gas storage in spring next year

Equinor CEO expects lower European gas storage in spring next year OSLO, Oct 24 (Reuters) - Europe's gas storage sites are expected to end the coming winter heating season at a lower level than the prior year, adding pressure to prices, Anders Opedal, the CEO of Norwegian oil and gas producer Equinor told Bloomberg TV on Thursday. "Going forward with a normal winter or a colder winter than normal, we see that the gas storage in Europe will probably be lower next spring than it was this spring, p
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Equinor: Dogger Bank Progress Slower Than Expected, Pays Dividend

BRIEF-Equinor: Dogger Bank Progress Slower Than Expected, Pays Dividend Oct 24 (Reuters) - Equinor ASA EQNR.OL : IN Q3 JOHAN SVERDRUP FIELD DELIVERED PRODUCTION RECORD OF MORE THAN 756 000 BARRELS OF OIL IN ONE DAY PROGRESS AT DOGGER BANK A IS SLOWER THAN EXPECTED BASED ON DOGGER BANK PROGRESS EXPECTED GROWTH IN POWER PRODUCTION FROM RENEWABLE ASSE
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Equinor eyes lower spending on renewables after Orsted transaction

UPDATE 4-Equinor eyes lower spending on renewables after Orsted transaction Q3 core profit $6.89 bln vs forecast $7.08 bln Sees lower capex for renewables after earlier Orsted deal Share price rises 2.8% Recasts with renewables investment outlook, CFO, share price in paragraphs 1-7 By Nerijus Adomaitis and Nora Buli OSLO, Oct 24 (Reuters) - Equinor EQNR.OL said on Thursday it may invest less in renewable energy towards 2030 following its acquisition this month of a stake in wind power group Orst
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Equinor Q3 profit lags forecast

Equinor Q3 profit lags forecast OSLO, Oct 24 (Reuters) - Equinor EQNR.OL on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production. The Norwegian oil and gas producer's adjusted earnings before tax for July-September fell to $6.89 billion from $7.93 billion a year earlier, lagging the $7.08 billion seen in a poll of 25 analysts compiled by Equinor.
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REUTERS NEWS SCHEDULE AT 6:00 a.m. SGT/10 p.m. GMT

REUTERS NEWS SCHEDULE AT 6:00 a.m. SGT/10 p.m. GMT Here are the top stories and upcoming coverage plans for Reuters text service as of 6:00 a.m. SGT/10 p.m. GMT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect . TOP STORIES GLOBAL ISRAEL-PALESTINIANS/ Israel, Hezbollah exchange heavy fire as Blinken pushes for peace BEIRUT/JERUSALEM, Oct 23 (Reuters) - Israeli strikes pounded Beirut's southern suburbs on Wednesday and Hezbollah said it fired precision guid
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North Sea Crude-WTI Midland trades higher

North Sea Crude-WTI Midland trades higher LONDON, Oct 23 (Reuters) - U.S. WTI Midland crude differentials rose on Wednesday after fresh trade in the Platts window, while North Sea Forties offers were met with no buying interest. * Top British North Sea producer Harbour Energy HBR.L wants to sell stakes in North Sea oilfields and is reviving plans for a U.S.
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Equinor prepares to survey Sleipner B damage

UPDATE 1-Equinor prepares to survey Sleipner B damage North Sea platform shut late on Monday due to smoke alert Outage could last until Oct. 28 Equinor says it continues to meet gas export commitment Adds estimated duration of outage in paragraph 3, updates size of outage in final paragraph OSLO, Oct 23 (Reuters) - Norway's Equinor EQNR.OL said on Wednesday it was preparing to survey the damage at its Sleipner B gas platform in the North Sea, which was shut late on Monday following a smoke alert
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