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* First phase of BP spill trial ended last week * BP had sought to shift blame for 2010 disaster * Excluding charge, Halliburton earnings top estimates * Believes worst of fracking pricing pressure behind it * Halliburton shares up 3.2 percent By Braden Reddall
* Large volumes of physical cargoes and derivatives * Saudi Arabia may be main outlet as demand rises for summer * East Africa, Iraq demand also supports By Jessica Jaganathan SINGAPORE, April 22 (Reuters) - Oil major BP and top oil trader Vitol have snapped up at least 7.
Read more* Q1 dividends slump by 25 pct, hit by one-off factors * Dividends' underlying growth slows to 6.1 pct * Energy sees good growth, pharmaceuticals weigh * Capita forecasts 2013 dividend total as flat on last year By Alistair Smout LONDON, April 22 (Reuters) - UK corpo
Read more* Bank of Tokyo-Mitsubishi UFJ hire bankers who speak Spanish, Portuguese * Sumitomo Mitsui Banking Corp increasing loans to U.S. municipalities * Mizuho Corporate Bank pursues overseas M&A financing By Taiga Uranaka TOKYO, April 22 (Reuters) - Japan's banking titans are h
Read more(Corrects Business Growth Fund in sixth paragraph to a bank-backed fund, not government initiative) * Magma Global and Airborne at forefront oil pipe technology * Produce flexible pipes that do not corrode * Recommended practice approval expected in June By Stephen Eisenha
Read more(Corrects Gulf of Mexico share in fourth paragraph to 'tenth' not 'fifth') * Company reviews Mad Dog 2 expansion due to cost inflation * Says too early to speculate when final plan will be approved * Construction had been due to start by end of this year * Analyst says del
Read moreLONDON, April 19 (Reuters) - BP said it was delaying a major oil project in the Gulf of Mexico as rising costs make current development plans difficult to justify. "The current development plan for Mad Dog Phase 2 is not as attractive as previously modeled, due largely to market conditions
Read moreJAKARTA, April 19 (Reuters) - BP Indonesia has shut the second train of its Tangguh facility in West Papua province for planned maintenance from April 15, a company official said on Friday. The maintenance on Tangguh's train 2 would run for 36 days from mid-April, said Elan Biantoro, a spok
Read moreWASHINGTON, April 18 (Reuters) - Three women lawyers at the U.S. Justice Department's antitrust division are on the short list to fill a Democratic vacancy on the Federal Trade Commission, according to sources knowledgeable about the process. The FTC normally has five commissioners and no m
Read moreWASHINGTON, April 18 (Reuters) - U.S. Energy Secretary nominee Ernest Moniz easily cleared his first hurdle in the Senate on Thursday, securing nearly unanimous support from the chamber's energy committee. With a vote of 21 to 1 in favor of the pick, Moniz's nomination will move on for cons
Read moreMOSCOW, April 18 (Reuters) - Russia's state oil company Rosneft intends to resolve the problem with minority shareholders in oil company TNK-BP, First Deputy Prime minister Igor Shuvalov told an investment conference on Thursday. "They understand that it is a problem, that it is necessary t
Read more* Shah Deniz consortium to decide in June in Azeri gas pipeline * EU foreign ministers to debate energy security * Oettinger says EU must show 'solidarity' By Barbara Lewis and Justyna Pawlak BRUSSELS, April 18 (Reuters) - EU ministers must avoid fruitless debate over whic
Read moreApril 18 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has maintained OJSC OC Rosneft's (Rosneft) Long-term foreign and local currency Issuer Default Ratings (IDR) of 'BBB' on Rating Watch Negative (RWN). Simultaneously, Fitch has upgraded TNK-BP Inte
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Supermarket giant Sainsbury's is looking to sell its London headquarters and has told 150 head-office staff that they will be relocated to Coventry and Manchester, reports The Independent. The group has also said it plans to close its final-salary pension scheme. According to the Financial Times, i
Read moreNEW ORLEANS, April 17 (Reuters) - The first phase of a trial to determine blame for BP Plc's 2010 Gulf of Mexico oil spill came to an end on Wednesday, with the judge allowing 80 days for the determination of findings and conclusions. It ended only three days before the three-year anniversa
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