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LONDON, Dec 8 (Reuters) - Italian bank Intesa Sanpaolo is expected to provide the bulk of non-recourse funds to commodities trader Glencore to help it finance the purchase of a stake in the Kremlin oil major Rosneft, two sources familiar with the transaction said. Russia said on Wednesday i
Read more* Kremlin says deal is worth 10.5 bln euros * It shows lure of Russian oil assets, despite sanctions * Deal comes days after OPEC, Moscow agree on output cuts * After Trump win, investors re-evaluating Russia risk (Edits throughout, adds context) By Polina Devitt and Ele
Read moreMOSCOW, Dec 7 (Reuters) - Commodities trader and mining group Glencore and Qatar's sovereign wealth fund are together buying a 19.5-percent stake in state-controlled Russian oil company Rosneft, the Kremlin said on Wednesday. Russia will receive 10.5 billion euros ($11.3 billion) from the d
Read moreMOSCOW, Dec 7 (Reuters) - Russian state oil company Rosneft said on Wednesday it had placed 600 billion roubles ($9.42 billion) in domestic bonds. The company added that there had not been any related-party transactions during the placement. It also said that there had not been any big deal
Read moreMOSCOW, Dec 7 (Reuters) - Russian oil firms have not sought financial compensation for planned output cuts under a deal with OPEC, Kremlin spokesman Dmitry Peskov said on Wednesday. Russian Energy Minister Alexander Novak is expected to meet oil firms on Wednesday and a meeting between Pres
Read more(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets) Adds details, closing prices) * STOXX Europe 600 index ends up 1 pct * Italian banks up 9 percent * Drax leads utilities firms
Read more(Adds details) HOUSTON, Dec 6 (Reuters) - BP Plc's 413,500-barrel-per-day (bpd) Whiting, Indiana, refinery was operating normally on Tuesday after completing a multi-unit overhaul over the weekend, said a source familiar with plant operations. During 11 weeks of work, the largest and
Read moreHOUSTON, Dec 6 (Reuters) - BP Plc's 413,500-barrel-per-day (bpd) Whiting, Indiana, refinery was operating normally on Tuesday after completing a multi-unit overhaul over the weekend, said a source familiar with plant operations. During 11 weeks of work, the largest and second largest crude
Read more(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets) * STOXX Europe 600 index up 0.2 pct * Drax leads utilities firms higher * Italian banks up 2.5 percent By Atul Prakash
Read moreMOSCOW, Dec 6 (Reuters) - The privatisation of a 19.5 percent stake in Rosneft is proceeding according to schedule, Kremlin spokesman Dmitry Peskov said on Tuesday. "The situation is developing according to plan," Peskov said on a conference call with reporters. "Its progress is agreed both
Read more(Adds quotes, detail) OSLO, Dec 6 (Reuters) - Statoil could drill its first well in the Salina Basin offshore Mexico in 2018 at the earliest, its exploration chief told Reuters on Tuesday. Statoil on Monday was awarded oil exploration acreage offshore Mexico in partnership with BP and
Read moreOSLO, Dec 6 (Reuters) - Statoil could drill its first well in the Salina Basin offshore Mexico in 2018 at the earliest, its exploration chief told Reuters on Tuesday. Statoil on Monday was awarded oil exploration acreage offshore Mexico in partnership with BP and Total . (Reporting by Ne
Read moreMEXICO CITY, Dec 5 (Reuters) - Mexico awarded a consortium of Statoil, BP and Total the third block tendered in the Gulf of Mexico's Salina Basin in a historic deep water oil and gas auction on Monday. Block 3 is a 1,269 square mile (3,287.1 square km) block which the energy ministry says
Read moreMEXICO CITY, Dec 5 (Reuters) - Mexico awarded a consortium of Statoil, BP and Total the first block tendered in the Gulf of Mexico's Salina Basin in a historic deep water oil and gas auction on Monday. Block 1 is a 919 square mile (2381.1 square kilometer) area which the energy ministry say
Read more* State should sell 19.5 pct stake in Rosneft by end Monday * Rosneft says bonds needed for foreign projects, refinancing * Board to consider buying 35 pct stake in Eni's project in Egypt (Adds coupon rate, board meeting) By Katya Golubkova and Oksana Kobzeva MOSCOW, Dec
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