
** Shares of European oil and oil related services cos rise 2-7 pct as crude soars 6 pct ** Saipem (+7.8 pct), Seadrill (+7.2 pct), SBM Offshore (+4 pct) are top risers on Stoxx oil and gas index (+3 pct) ** Total, BP and Shell (+2.5-3.5 pct) are the biggest boosts ** Top offic
(ShareCast News) - The European Central Bank and its London counterpart have held talks after the Bank of England raised the alarm over the potential threat of a funding crisis in the banking sector. Three senior London bankers have told the Sunday Times that their normal efforts to raise money from
LONDON, Feb 14 (Reuters) - Britain's BP and partner Oman Oil signed an agreement on Sunday to develop a second phase of the Khazzan natural gas field, taking the estimated investment in the project to $16 billion, the company said. The agreement with the government of Oman will add more tha
LONDON, Feb 12 (Reuters) - The number of new exploration wells to be drilled in the British part of the North Sea this year is set to fall to the lowest since the hunt for oil and natural gas began there in the early 1970s, research by consultancy 1Derrick showed. Only 15 exploration wells
(Repeats Thursday item) * London contracts conference was due on Feb 22-24 * Internal clashes over the oil contracts, sources say * Hardliners oppose contracts, push to have a bigger say * Iran parliamentary elections on Feb 26 By Parisa Hafezi and Rania El Gamal
* London contracts conference was due on Feb 22-24 * Internal clashes over the oil contracts, sources say * Hardliners oppose contracts, push to have a bigger say * Iran parliamentary elections on Feb 26 By Parisa Hafezi and Rania El Gamal ANKARA/DUBAI, Feb 11 (Reute
NEW YORK, Feb 11 (Reuters) - BP Plc plans to shut down a crude unit and a fluid catalytic cracker during the week of May 9 at its 160,000 barrel-per-day refinery in Toledo, Ohio for up to 70 days of planned maintenance, according to a source familiar with the plant's operations. The work o