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(Corrects debt-to-equity ratios in paragraph 12) * Oil majors to increase borrowing to maintain dividends * Asset sales have yielded $150 billion over four years * Investments to fall as revenues drop with low oil prices By Ron Bousso LONDON, Nov 28 (Reuters) - With
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Retailers including Kingfisher and Sports Direct were performing well on hopes that Black Friday sales will be strong. Investors were also expecting the drop in oil prices to give consumer spending a boost, as falling petrol prices freed up disposable income. Also higher were the share prices of com
Read moreThe UK stock market dropped on Friday as shares in the energy sector dropped after the recent slump in crude on concerns about a global oversupply of oil. Oil producers and energy services stocks were extending losses made the previous session with crude prices set to register their steepest weekly
Read more(Adds background) BAKU, Nov 28 (Reuters) - British oil major BP has completed month-long maintenance work at one of its main oil fields in Azerbaijan, BP Azerbaijan said on Friday. "Planned maintenance on the Central Azeri (oil field) was completed on Nov. 27 as initially planned," sa
Read more* Norwegian pipeline gas exports at 328 mcm/day * Deliveries to Britain broadly steady at 99 mcm/day OSLO, Nov 28 (Reuters) - Norway's exports rose on Friday morning on higher flows to Germany after an outage affecting output from Statoil's Aaasgard field ended the previous day, data fr
Read moreBAKU, Nov 28 (Reuters) - British oil major BP has completed month-long maintenance work at one of its main oil fields in Azerbaijan, a spokeswoman for BP Azerbaijan said. "Planned maintenance on the Central Azeri (oil field) was completed on Nov. 27 as initially planned," Tamam Bayatly told
Read moreDespite already having plunged the previous session, stocks in the energy sector were under further selling pressure on Friday in the aftermath of the OPEC meeting, pushing the FTSE 100 firmly into the red. The Organization of Petroleum Exporting Countries decided on Thursday not to scale back their
Read moreConcerns about falling oil prices hammered stocks in the energy sector on Thursday, with shares extending losses on reports that the Organization of Petroleum Exporting Countries (OEPC) has held off from scaling back production at its meeting in Vienna. Brent futures for January delivery were down 3
Read moreHeavy falls in the energy sector kept a lid on gains for the FTSE 100 on Thursday as investors awaited the outcome of a pivotal meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna. London's benchmark index was up just 0.06% at 6,733 by midday. The index has traded broadly s
Read more* Norwegian pipeline gas exports at 319 mcm/d * Aasgard field output expected to end on Thurs OSLO, Nov 27 (Reuters) - Norway was expected to export more gas on Thursday than the previous day as offshore Aasgard field was ramping up output after an outage, data from gas system operator G
Read moreThe UK stock market opened flat on Thursday as investors awaited a jam-packed day full of economic data, policymaker speeches and a pivotal meeting of the Organization of Petroleum Exporting Countries (OPEC). London's FTSE 100 index was down 0.1% at 6,722 in early deals. While US markets will be cl
Read more-- Source link: (http://bloom.bg/1tuPbBo) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more* Norwegian pipeline gas exports at 311 mcm/d * Aasgard outage to cut output by 9 mcm/day on Weds OSLO, Nov 26 (Reuters) - Norway's gas exports rose slightly on Wednesday morning compared to the previous day average on higher flows to Germany, data from gas system operator Gassco showed.
Read moreBRUSSELS, Nov 25 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS None NEW LISTINGS -- Brazilian juice maker Grupo Cutrale and investment firm Safra Group to jointly acquire
Read moreLondon's FTSE 100 ended Tuesday's session more or less where it started with stocks in the retail sector limiting gains while investors digested a string of important economic data. A disappointing third-quarter update from Kingfisher saw shares in the DIY retailer slump, while the supermarket secto
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