Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,458.67
    -1,471.67 (-2.95%)
     

  • CMC Crypto 200

    1,302.78
    -55.23 (-4.07%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Gazprom Neft to set up Shell joint venture for Yamal oil field

Reuters - UK Focus
Updated

ST PETERSBURG, June 6 (Reuters) - Russia's Gazprom Neft said on Thursday it would set up a joint venture with Shell to develop an oil field in Yamal estimated to hold reserves of around 1.1 billion tonnes of oil.

Gazprom Neft, the oil arm of state gas company Gazprom , said it planned to close the deal late this year or early next and that both it and Shell would hold 50% stakes in the joint venture. (Reporting by Olesya Astakhova; writing by Tom Balmforth; editing by Jane Merriman)