(Refiles to add byline) * GRAPHIC on Gulf spending: http://link.reuters.com/gap44w * MENA states have no option but to keep spending * Some OFS companies see strong bid pipeline for 2015 By Claire Milhench LONDON, April 10 (Reuters) - Oil majors may have slashed capi
Read moreBy Steve Quinn JUNEAU, April 9 (Reuters) - Alaska's lone road to North Slope oilfield operations has been shut for days while emergency crews divert flood waters from an adjacent river and oil companies fly provisions to the Arctic region, state and company officials said on Thursday.
By Valerie Volcovici WASHINGTON, April 9 (Reuters) - The U.S. Department of Energy on Thursday announced it has awarded BP Products North America and Noble Americas contracts to deliver nearly 4.2 million barrels of crude oil for the Strategic Petroleum Reserve to replenish oil it sold last
Read more** Weakness on heavy volumes in Royal Dutch Shell shares on Wednesday a departure from trend seen in current M&A wave which has seen, for the most part, share prices of the acquirer rising when deals are announced ** Shareholders have cheered the use of cash to buy rather than spend on ca
Read more* Third-biggest oil and gas deal ever by enterprise value * BG developing ambitious projects in Brazil, Australia and Egypt * Oil price plunge evokes previous era of major mergers * BG shares soar in heavy trading (Adds detail on prospects for other deals, challenges for combi
Read moreBy Dmitry Zhdannikov and Karolin Schaps LONDON, April 7 (Reuters) - Sometimes it takes little more than five people to put together a $70 billion oil mega-merger. Shell's purchase of smaller rival BG, the third largest oil and gas merger ever, was prompted by a phone call on a Sunday
Read moreM&A chatter dominated trading in London, with oil and gas shares rising on the back of blue chip Royal Dutch Shell's successful bid for smaller FTSE 100 rival BG Group. At 15:40 BST on Wednesday, the FTSE 100 was marginally down 7.35 points or 0.11% at 6954.42 as the market soaked in news of BG Grou
Read moreLondon's FTSE 100 was fluctuating around the 7,000 level by Wednesday lunchtime as M&A activity gave sentiment a lift, with BG Group soaring as much as 40% after a takeover offer from Shell. Stocks across the oil and gas sector were rising strongly on speculation that Shell's move may spark a fresh
Read moreLONDON, April 8 (Reuters) - Dutch pension scheme APG was among a group of investors to pledge support on Wednesday to a planned resolution on "climate change resilience" at oil giant BP's upcoming annual general meeting. The shareholder-led resolution, which is supported by the company, cal
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