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* Oil investment growth slows sharply * Onshore investments seen hurting most * Ultra-deepwater segment seen best placed for growth By Henrik Stolen, Gwladys Fouche and Balazs Koranyi OSLO, Sept 5 (Reuters) - Oil and gas firms are cutting back on investments to try and imp
Read moreBy Oleg Vukmanovic LONDON, Sept 5 (Reuters) - Angola's new liquefied natural gas (LNG) plant has pushed back the start of a 53-day maintenance period to mid-September after engineers discovered small gas leaks in onshore pipelines last month, sources linked to the project said. The $1
Read moreBAKU, Sept 5 (Reuters) - Azerbaijan still sees a future for the Nabucco pipeline, even after picking a rival project to carry gas to Europe, as it expects to keep increasing output and exports of gas, its energy and industry minister said on Thursday. In June, the partners in major Azeri ga
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High Street department store Marks & Spencer surged today after HSBC upgraded the stock from 'neutral' to 'overweight', saying it is the most operationally geared among its peers to play on the UK consumer recovery. Hotels group IHG was also a high riser after UBS raised its rating from 'neutral to
Read more* Oil investment growth slows sharply * Onshore investments seen hurting most * Ultra-deepwater segment seen best placed for growth By Henrik Stolen, Gwladys Fouche and Balazs Koranyi OSLO, Sept 5 (Reuters) - Oil and gas firms are cutting back on investments to try and imp
Read moreAfter a strong start for UK stocks, the FTSE 100 pared gains by lunchtime as nervousness set in ahead of a number of risk events that have the potential to spark some volatile moves on financial markets. Risk appetite was also scaled back ahead of the G20 meeting which begins in St Petersburg today
Read moreThe FTSE 100 jumped strongly in early trading on Thursday as investor risk appetite increased ahead of policy decisions from the Bank of England (BoE) and the European Central Bank (ECB) later on. The Bank of Japan meeting overnight was "a bit of a non-event", according to Market Analyst Craig Erla
Read moreBAKU, Sept 4 (Reuters) - Azerbaijan expects a rise in its natural gas production from 2020 after the launch of the large Azeri gas project Shah Deniz II, the energy and industry minister said on Wednesday. Natik Aliyev said the energy-rich country would be able to produce 40 billion cubic m
Read more* Crude processing rates to decline by 10 pct in Sept.-Oct. * Refiners to deepen crude run cuts due to weak margins * High oil prices on Mideast troubles to keep lid on profits By Ron Bousso LONDON, Sept 4 (Reuters) - European refineries will cut output by about 10 percent
Read more(Corrects figure to $600 million in 14th paragraph) By Steven Brill Sept 3 (Reuters) - 1. Ask about the Miley Cyrus sleaze: In the wake of MTV's universally-panned decision to feature 20-year-old Miley Cyrus in a cringe-producing sex pantomime with 36-year-old Robin Thicke durin
Read moreUK investors took advantage of low volumes on Monday to push the FTSE 100 nearly 1.5 per cent higher, with impressive manufacturing data and delays to potential action on Syria prompting a bullish mood. "After posting four negative weeks in succession today's market moves on the UK benchmark index
Read moreMining company stocks, including Rio Tinto and Anglo American, surged as commodity prices rose and as reports showed manufacturing expanded in China, the Eurozone and the UK. Aberdeen Asset Management rallied after Numis Securities reiterated a 'buy' rating for the company's stock. WPP continued t
Read moreDelays to a potential military strike against Syria and some better-than-expected economic data from China gave stock markets a big boost in early trading on Monday. China's official manufacturing purchasing managers' index (PMI) rose to the 51.0 point mark in August, according to the National Bure
Read moreModerate losses in early trading on Friday turned into a steep sell-off by the close as markets ended August in a cautious mood following a choppy week. A series of closely-watched economic indicators from the States prompted a negative reaction this afternoon, causing a weak start on Wall Street a
Read moreMOSCOW, Aug 30 (Reuters) - Igor Sechin, the chief executive of Russia's top oil producer Rosneft, has increased his stake in the company to $65 million just a week after it was first disclosed that he had bought stock. The state-controlled oil major said in a filing that Sechin had upped hi
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