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22 May 2020 15:55

Spain's Repsol pulls out of planned Arctic JV in Russia

MOSCOW, May 22 (Reuters) - Spain's Repsol has pulled out of a planned joint venture to develop two Arctic oil blocks with Russia's Gazprom Neft and Royal Dutch Shell, a spokesman at Repsol said on Friday.Gazprom Neft, the oil arm of Russian gas gi...

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22 May 2020 13:41

UPDATE 3-UK court throws out Nigerian oil corruption case against Shell, Eni

* Judge says English court has no jurisdiction* Main OPL 245 trial in Milan against Shell, Eni continues* Proceedings in related case of Nigeria vs JP Morgan continues (Adds Eni comment)LONDON, May 22 (Reuters) - An English court threw out a $1.1 ...

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22 May 2020 13:41

UPDATE 2-UK court throws out Nigerian oil corruption case against Shell, Eni

* Judge says English court has no jurisdiction* Main OPL 245 trial in Milan against Shell, Eni continues* Proceedings in related case of Nigeria vs JP Morgan continues (Adds anti-corruption campaigner quote)LONDON, May 22 (Reuters) - An English cou...

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22 May 2020 13:41

UPDATE 1-UK court throws out Nigerian oil corruption case against Shell, Eni

* Judge says English court has no jurisdiction* Main OPL 245 trial in Milan against Shell, Eni continues* Proceedings in related case of Nigeria vs JP Morgan continues (Adds details)LONDON, May 22 (Reuters) - An English court threw out a $1.1 bill...

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22 May 2020 13:07

UK court throws out Nigerian oil corruption case against Shell, Eni

LONDON, May 22 (Reuters) - An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute over the OPL 245 oilfield, saying it had no jurisdiction, a court document showed on Friday.The N...

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21 May 2020 08:21

UPDATE 2-Shell evacuates foreign staff from Iraq's Basra Gas project - executives

* Shell temporarily evacuates staff* Workers protest over delayed salaries* Gas production is not affected (Adds Shell spokesperson comments)By Aref MohammedBASRA, Iraq, May 21 (Reuters) - Royal Dutch Shell evacuated some 60 foreign staff from Iraq...

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21 May 2020 08:21

UPDATE 1-Shell evacuates foreign staff from Iraq's Basra Gas project - executives

(Adds quote, details)BASRA, Iraq, May 21 (Reuters) - Shell temporarily evacuated foreign staff, numbering around 60, from Iraq's Basra Gas Company for security reasons and flew them out of the country but production was not disrupted, officials an...

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21 May 2020 07:11

Shell evacuates foreign staff from Iraq's Basra Gas project - executives

BASRA, Iraq, May 21 (Reuters) - Shell has evacuated its foreign staff, numbering around 60, from Iraq's Basra Gas Company and flew them out of Iraq on Wednesday, two Basra Gas Company executives told Reuters.The staff were evacuated for security r...

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19 May 2020 12:00

Past its peak? Battered oil demand faces threat from electric vehicles

* Pandemic could accelerate switch to EVs* Constellation data offers insight into automakers' plans* Some analysts suspect that peak oil demand has already passed* Government choices over "green recoveries" will be keyBy Matthew Green and Simon Jess...

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19 May 2020 11:47

Protesters chant "Shell must fall" at oil major's meeting

THE HAGUE, May 19 (Reuters) - Dozens of demonstrators chanting "Shell must fall" gathered on Tuesday outside the oil giant's headquarters in the Netherlands, where a virtual annual shareholders' meeting was underway.Roughly 30 activists from envir...

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18 May 2020 17:03

LONDON MARKET CLOSE: Stocks Leap On US Fed Remarks, Vaccine Optimism

LONDON MARKET CLOSE: Stocks Leap On US Fed Remarks, Vaccine Optimism

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18 May 2020 14:03

Russian pipe-laying vessel moors at Nord Stream 2 hub in Germany - data

MOSCOW, May 18 (Reuters) - A Russian pipe-laying vessel, Academic Cherskiy, and which Moscow can use to finish laying pipes for the Nord Stream 2 gas project, has moored near the German logistics hub in Mukran, Refinitiv Eikon tracking data showe...

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18 May 2020 11:52

LONDON MARKET MIDDAY: FTSE 100 Boosted By Gold, Oil And Airlines

LONDON MARKET MIDDAY: FTSE 100 Boosted By Gold, Oil And Airlines

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18 May 2020 11:25

Kazakhstan's Kashagan oil output jumps 48% in Jan-April

NUR-SULTAN, May 18 (Reuters) - Kazakhstan's giant Kashagan field increased oil output by 48% year-on-year in January-April to 5.8 million tonnes, Deputy Energy Minister Aset Magauov said on Monday.Output at two other giant fields, Tengiz and Karac...

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18 May 2020 09:51

UPDATE 2-European shares surge as recovery hopes boost cyclicals

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* Germany leads rally as automakers climb* STOXX 600 in positive territory for May* Renault gains on French government aid plan* ThyssenKrupp up on talks over steel business con...

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