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* Exillon to hold EGM after request from shareholder Worldview Capital * EGM to consider removal of chairman, appointment of three new directors * Shares fall 10 pct By Sarah Young and Megan Davies LONDON/MOSCOW, Jan 14 (Reuters) - Russia-focused oil producer Exillon Energy is to hold a shareholder
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UK stocks were trading cautiously on Monday morning ahead of the official start of US corporate earnings season. However, markets were registering slight gains after dovish comments from a member of the Federal Reserve Stateside. Federal Reserve Bank of Chicago President Charles Evans said that the
Read moreOffshore jobs in the UK's oil and gas industry will grow this year on the back increased investments in the North Sea, according to a review. Oilandgaspeople.com, a recruitment firm specialising in the energy sector, has forecast the creation of between 40,000 and 50,000 new jobs in its annual revi
Read moreOil giant BP has taken legal steps to cut the civil damages it faces for the Deepwater Horizon disaster by up to 3.4bn dollars. The firm has asked a New Orleans court hearing the case against it for civil penalties and damages to rule that at least 810,000 barrels of oil had been captured during th
Read more* Icahn seeks 5 percent stake in firm * Move would make Icahn a top Transocean shareholder NEW YORK, Jan 13 (Reuters) - Transocean Ltd has disclosed that billionaire activist investor Carl Icahn has acquired a 1.56 percent stake in the offshore rig contractor and is looking to increase that holding.
Read moreLast week showed that the M&S riddle - whether the 81,000 person strong outfit will survive - remains unsolved. Over the crucial Christmas trading period sales of general merchandise were down 3.8 per cent ? much worse than the 1.5 per cent fall the market had expected. The nasty numbers were made w
Read moreHOUSTON, Jan 13 (Reuters) - BP Plc's 400,780 barrel per day (bpd) Texas City, Texas, refinery reported an increase in the particulate matter released from the gasoline-producing Fluidic Catalytic Cracking Unit No. 1 on Saturday, according to a notice filed with the Texas Commission on Environmental
Read moreJan 11 (Reuters) - BP Plc is seeking an initial reduction of 17 percent in the amount of oil that will be used to calculate Clean Water Act penalties for its 2010 oil spill in the Gulf of Mexico. In a motion filed on Friday ahead of a trial in New Orleans next month, BP said about 833,000 barrels of
Read moreJan 11 (Reuters) - BP Plc reported that a gasoline-making fluid catalytic cracking unit 1 (FCCU) will resume normal operations after a snag at its 400,780 barrel per day (bpd) Texas City, Texas, refinery, according to a filing with state regulators on Friday. BP had earlier reported that a temporary
Read moreHOUSTON, Jan 11 (Reuters) - Gasoline rose 2.5 cents a gallon in the Los Angeles spot market on Friday after BP Plc's Los Angeles refinery reported flaring due to a malfunction, traders said. January-delivery CARBOB gasoline sold at 1 cent a gallon then at 2.5 cents a gallon over February NYMEX RBOB
Read moreLONDON, Jan 11 (Reuters) - The climate is right for a repeat of the oil company takeover bonanza that began when Britain's BP pounced on United States-based Amoco in 1998, according to a research note by analysts at Bernstein. The Amoco takeover was followed by a number of giant merger deals at the
Read moreThe UK Office of Fair Trading (OFT) has given the green light to DCC in the acquisition of BP's liquefied petroleum gas (LPG) business in Britain. DCC - a sales, marketing, distribution and business support services group - said on Friday it was now able to integrate the BP business with its existi
Read more* 2013 oil output seen at 538 mln barrels vs 561 mln in 2012 * 2013 oil output less than half of peak in 2000 * Slow, gradual recovery will start in 2014 * Gas production also seen dipping after record 2012 By Gwladys Fouche STAVANGER, Norway, Jan 11 (Reuters) - Oil production in Norway, the world's
Read more* Capacity raised to 890,000 bpd from 750,000 * Price tag climbs to $5.4 billion from $4.1 billion * Project will increase Vancouver tanker traffic By Jeffrey Jones CALGARY, Alberta, Jan 10 (Reuters) - Kinder Morgan Energy Partners has boosted the size of a proposed expansion of its Canadian oil pip
Read more* Shah Deniz group would get 50 pct stake * Funding deal breathes life into downsized Nabucco West * Rival TAP pipeline has signed similar funding deal By Tsvetelia Tsolova and Henning Gloystein SOFIA/LONDON, Jan 10 (Reuters) - Azerbaijan's Shah Deniz gas group has agreed a deal that could see it ta
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