- Oil majors face class action lawsuit over alleged price rigging Telegraph - 5 hours ago
BP, Shell and Statoil have been named in a proposed class action lawsuit over alleged oil price rigging, following the launch of a European Commission investigation into the oil giants.
- Week ahead: The Fed and Asia still very much on investors' minds Sharecast - 8 hours ago
Next week will get off to a slow start, due to the Spring Bank holiday in the UK and the Memorial Day holiday Stateside, although the macroeconomic data flow will accelerate towards the end of the same, ...
- Shell reports restarting unit at Scotford, Alberta, facility Reuters - UK Focus - 9 hours ago
Royal Dutch Shell Plc reported it was restarting a unit at its facility in Scotford near Edmonton, Alberta, according to a message posted on a community information line on Friday. There would be no impact ...
- Petrobras sells 12 pct stake in Tanzania bloc to Statoil Reuters - UK Focus - 14 hours ago
State-run Petróleo Brasileiro SA, which is undertaking a major drive to sell assets outside Brazil, sold a 12 percent stake in a Tanzania bloc to a unit of Statoil AS, according to a securities filing ...
- STOCKS NEWS EUROPE-UK small caps flat at midday Reuters - UK Focus - 16 hours ago
UK small caps and AIM are both flat in lunchtime trade, outperforming losses of 0.6 percent on the mid-caps and 0.7 percent on the blue chips. Sirius Minerals adds 2 percent, extending gains into a second ...
- Is It Still Safe To Buy Royal Dutch Shell Plc? Fool.co.uk - 19 hours ago
I'm always searching for shares that can help ordinary investors like you make money from the stock market. However, many people are currently worried the market could be overheating. So right now I'm ...
- Petroceltic abandons Black Sea exploration well off Bulgaria Reuters - UK Focus - 19 hours ago
Petroceltic International Plc said it would abandon an exploration well off the Bulgarian coast that failed to yield enough gas to justify commercial production, sending its shares down 5 percent. The ...
- NORWAY GAS-Flows edge up after maintenance Reuters - UK Focus - 19 hours ago
Norwegian pipeline gas exports partially recovered on Friday morning after dropping sharply due to major field maintenance and unexpected shutdown of a gas processing plant the previous day. Deliveries ...
- Brazil to auction its biggest-ever oil find in October Reuters - UK Focus - Fri, May 24, 2013 02:27 BST
Brazil plans to sell the right to explore and develop its largest-ever oil discovery in October, auctioning an offshore petroleum prospect that is expected to produce about 12 billion barrels of oil over ...
- London midday: Markets fall as caution sets in Sharecast - Fri, May 24, 2013 01:15 BST
Mining and banking stocks were weighing on the FTSE 100 on Friday morning as the index extended losses following yesterday's dramatic sell-off.
- EU oil pricing probe spurs lawsuit against BP, others Reuters - UK Focus - Thu, May 23, 2013 23:56 BST
A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them of colluding to fix oil prices after European authorities opened an investigation ...
- Commodities trader sues BP, others for alleged price fixing Reuters - UK Focus - Thu, May 23, 2013 21:32 BST
A commodities trader filed suit against BP Plc, Royal Dutch Shell Plc and Statoil in a U.S. federal court, accusing the companies of colluding to fix prices in North Sea Brent crude oil. Prime International ...
- Balkan states back TAP, IAP gas pipeline projects Reuters - UK Focus - Thu, May 23, 2013 19:19 BST
Four Balkan states backed the Trans Adriatic Pipeline project on Thursday, weeks before the Shah Deniz 2 consortium picks between TAP and its rival Nabucco West project. The TAP project aims to bring 10 ...
- London close: Markets tumble as stimulus hopes fade Sharecast - Thu, May 23, 2013 18:05 BST
The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two ...
- Friday preview: UK mortgage lending figures released Sharecast - Thu, May 23, 2013 17:16 BST
The spotlight will shine on economic data out Friday including mortgage lending figures from the British Bankers' Association (BBA) and US durable goods orders.
- Brazil oil prospect Libra has up to 42 bln barrels of oil -ANP Reuters - UK Focus - Thu, May 23, 2013 16:40 BST
Brazil's Libra prospect in the subsalt area that will be auctioned in the second half of October has between 26 billion and 42 billion barrels of in-place oil, Magda Chambriard, director of the ANP oil ...
- The Stock Picker's Guide To BP Plc Fool.co.uk - Thu, May 23, 2013 15:10 BST
Successful investors use a disciplined approach to picking stocks, and checklists can be a great way to make sure you've covered all the bases. In this series I'm subjecting companies to scrutiny under ...
- Nigeria's NNPC and Exxon unit to tap bond market by 2016 Reuters - UK Focus - Thu, May 23, 2013 13:59 BST
Nigeria's state-oil company and a local unit of Exxon Mobil plan to tap the bond market by 2016 to fill a funding shortfall in developing oil exploration projects, the companies have said. The Nigerian ...
- Energy firm JKX's top shareholder seeks to oust CEO Reuters - UK Focus - Thu, May 23, 2013 11:35 BST
The top shareholder in Eastern Europe-focused energy group JKX has called on fellow investors to oust the chief executive, citing an 88 percent fall in the share price over the past five years. Eclairs ...
- STOCKS NEWS EUROPE-Salamander Energy falls on well update Reuters - UK Focus - Thu, May 23, 2013 11:12 BST
Shares in Salamander Energy fall 14 percent after the company says it had to suspend a well in the North Kutei basin, offshore Indonesia, before achieving its planned targets. The company says the Bedug-1 ...
- NORWAY GAS-Flows plunge due to major maintenance Reuters - UK Focus - Thu, May 23, 2013 10:00 BST
Norwegian pipeline gas exports to Britain and Belgium dropped sharply due to major field maintenance started on Thursday morning, data from gas system operator Gassco showed. Deliveries to Europe including ...
- A Closer Look At Royal Dutch Shell Plc's Dividend Potential Fool.co.uk - Thu, May 23, 2013 09:00 BST
Dividend income accounts for around two-thirds of total returns, the actual rate of return taking into account both capital and income appreciation. Given that share prices are often volatile and unpredictable, ...
- DNO's Tawke oil output reaches 100,000 barrels per day Reuters - UK Focus - Thu, May 23, 2013 08:36 BST
Oil production at Oslo-listed DNO's Tawke field in Iraqi Kurdistan has reached 100,000 barrels per day, in line with the company's target, it said on Thursday. DNO holds a 55 percent interest in and operates ...
- Energy firm JKX hit by threat of shareholder revolt Reuters - UK Focus - Thu, May 23, 2013 08:15 BST
The top shareholder in Eastern Europe-focused energy firm JKX has called on fellow investors to oust the group's chief executive at an upcoming general meeting, citing "serious concerns" about ...
- Lundin Petroleum drills dry well in Norwegian North Sea Reuters - UK Focus - Thu, May 23, 2013 07:35 BST
Swedish oil minnow Lundin Petroleum has drilled a dry well in the Norwegian North Sea, north of the Brynhild field, the Norwegian Petroleum Directorate said on Thursday. Lundin holds a 60 percent stake ...
- Shell says ongoing Norco work in chemical plant, not refinery Reuters - UK Focus - Wed, May 22, 2013 23:53 BST
Royal Dutch Shell Plc's U.S. subsidiary, Shell Oil Co, said on Wednesday that ongoing maintenance at the company's Norco, Louisiana, complex was in the chemical plant and not the adjoining Motiva Enterprises ...
- Activist Raider Stalks London-Listed Oil Firm Sky News - Wed, May 22, 2013 20:01 BST
- Motiva reports turnaround activities at Norco LA complex -filing Reuters - UK Focus - Wed, May 22, 2013 19:42 BST
Motiva Enterprises LLC warned of potential elevated noise and steam for over two days starting from May 23 due to turnaround activities at its Norco manufacturing complex in Louisiana, according to a notice ...
- Tanzanian gas pipeline plan sparks riot -government officials Reuters - UK Focus - Wed, May 22, 2013 18:29 BST
Residents of a gas-rich region of Tanzania rioted on Wednesday to protest that they would not benefit from a government budget proposal to construct a pipeline from their territory to the capital, senior ...
- Maine pipeline eyes plan to ship Canada oil sands crude Reuters - UK Focus - Wed, May 22, 2013 18:12 BST
The little-known operator of a pipeline linking Montreal and Maine is studying how to make the line the first route to get Canadian oil sands crude to an Atlantic deepwater port, but the plan relies on ...
- Thursday preview: SABMiller reports full-year results Sharecast - Wed, May 22, 2013 17:27 BST
Beverage giant SABMiller is expected to report a rise in annual revenues Thursday, driven by excise-driven prices increases and its product and geographical mix.
- London property companies get West End boost Telegraph - Wed, May 22, 2013 17:06 BST
Shaftesbury and Great Portland Estates see the value of their property portfolios rise over the last year and plans are announced to develop the Shell Centre near the London Eye.
- Manipulation probe draws attention to oil firms' trading desks Reuters - Wed, May 22, 2013 16:08 BST
LONDON (Reuters) - Europe's energy price manipulation probe has turned regulatory attention to secretive trading units at oil companies with huge turnover and millionaire staff with risk appetite higher ...
- The Stock Picker's Guide To Royal Dutch Shell Plc Fool.co.uk - Wed, May 22, 2013 12:35 BST
Successful investors use a disciplined approach to picking stocks, and checklists can be a great way to make sure you've covered all the bases. In this series I'm subjecting companies to scrutiny under ...
- NORWAY GAS-Flows slip to Britain, steady to continent Reuters - UK Focus - Wed, May 22, 2013 09:59 BST
Norwegian pipeline gas exports to Britain slipped on Wednesday morning, while those to other destinations in Europe were steady, data from gas system operator Gassco showed. Deliveries to Europe including ...
