SINGAPORE / Reuters Asian spot liquefied natural gas (LNG) prices fell this week as demand eased in North Asia on expectations for higher temperatures in the region and as nuclear reactors restart in Japan, limiting the need for gas for power generation. Spot prices for May delivery slipped to around $7.70 per million British thermal units (mmBtu), said several trade …

LONDON / Reuters BP is seeking buyers for its stake in a 50-year-old oil and gas business in Egypt as it focusses on newer deepwater gas fields off the country’s Mediterranean coast, banking sources said. The London-based company has in recent weeks pitched to potential buyers its stake in Gulf of Suez Oil Company (GUPCO), a joint venture with the …

Bloomberg Glencore Plc and Vitol SA are among companies submitting bids for a stake in the Indeni Petroleum Refinery, Zambia’s only fuel processor, according to the southern African nation’s development agency. Seven offers were made for a stake in the 20,000 barrel-a-day plant, including from the China Petroleum Technology & Development Corp., Philia Trading Pte Ltd, and a group including …