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BAKU, 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
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UK 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
Read moreBy Belinda Goldsmith LONDON, Aug 29 (Reuters) - A British safety group on Thursday ended a six-day suspension of flights by Super Puma helicopters in the North Sea, imposed after four oil rig contractors were killed in a crash last week. Although the cause of last Friday's fatal accid
Read moreLONDON, Aug 29 (Reuters) - A British helicopter safety group on Thursday ended a six-day suspension on all flights by Super Puma helicopters in the North Sea, imposed after four oil rig contractors were killed in a crash last week. After a two-day meeting, the Helicopter Safety Steering Gro
Read more* BSE index gains 2.25 pct; NSE ends 2.35 pct higher * India PM likely to make statement on economy on Friday * FIIs sell over $1 bln worth of shares in nine sessions By Abhishek Vishnoi MUMBAI, Aug 29 (Reuters) - Indian shares rose over 2 percent on Thursday as blue chip shares
Read moreMarkets rallied in afternoon trade on Wednesday, helped by dovish remarks from Bank of England (BoE) Governor Mark Carney and a decent start on Wall Street, but stocks still finished in the red as escalating concerns about Syria continued to dampen sentiment. The FTSE 100 finished down 10.91 points
Read moreBy Peg Mackey LONDON, Aug 28 (Reuters) - BP expects to sign an initial deal in early September to revive Iraq's northern Kirkuk oilfield, an industry source said, a move that could affect regional politics because the field straddles the border with the autonomous Kurdish region. A de
Read moreRising crude prices gave oil producers a boost on Wednesday as escalating tensions in Syria continue to fuel concerns over supplies in the Middle East. These fears have been heightened in recent days due to a possible US military intervention in Syria following last week's alleged chemical weapons
Read more* Firms have until Jan. 14 to nominate areas to explore * Only limited number of blocks likely in eastern Barents * Previous round included 20 blocks awarded in Arctic OSLO, Aug 28 (Reuters) - Norway invited oil and gas firms on Wednesday to bid for the first licences to drill i
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