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14 Feb 2017 16:15

Shell and Eni ask Nigerian court to lift forfeiture on oilfield-documents

ABUJA, Feb 14 (Reuters) - Oil majors Royal Dutch Shell and ENI have asked a Nigerian court to lift a temporary forfeiture of a long-disputed oilfield, a copy of the court documents filed by the two firms showed on Tuesday. Last month, a Nigerian court ordered the temporary forfeiture of as

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14 Feb 2017 13:16

UPDATE 1-Nigeria to offer work for illegal refiners in quest for peace

(Adds details, background) By Tife Owolabi PORT HARCOURT, Nigeria, Feb 14 (Reuters) - Nigeria needs to offer work to people who make a living from illegally refining oil in the Niger Delta in order to achieve peace there, the African oil-producing nation's Vice President Yemi Osinbajo

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13 Feb 2017 11:19

Ex-divs to take 27.6 points off FTSE 100 on Feb.16

LONDON, Feb 13 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-mak

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10 Feb 2017 17:10

FTSE 100 movers: Rio Tinto zips higher as Reckitt Benckiser falls

(ShareCast News) - FTSE 100 is higher on Friday afternoon thanks to a string of mining behemoths led by Rio Tinto congregating atop the risers' list, albeit offset by a motley group of fallers led by consumer goods giant Reckitt Benckiser. London's top tier index closed 0.40% higher to 7,258.75 poin

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10 Feb 2017 13:59

Rio Tinto appoints three non-exec independent directors

(ShareCast News) - Shares Rio Tinto are up more than 3% after the mining giant confirmed the appointment of three oil- and energy-sector heavyweights to the boards of London-quoted Rio Tinto Plc and Australia-listed Rio Tinto Ltd. "The new directors broaden the experience of the board, bringing cons

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10 Feb 2017 13:53

UPDATE 1-Rio Tinto recruits three energy executives to board

* Simon Henry, Sam Laidlaw, David Constable named as non-execs * No energy deals expected in current environment - analyst (Adds other appointments, background, analyst's comment) By Karolin Schaps LONDON, Feb 10 (Reuters) - Rio Tinto has appointed three former senior manager

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10 Feb 2017 09:27

Shell's departing CFO to join Rio Tinto as non-executive director

LONDON, Feb 10 (Reuters) - Royal Dutch Shell's chief financial officer, Simon Henry, will join miner Rio Tinto as non-executive director from July 1 after he leaves the oil major. Henry, who has served as CFO for seven years of his 34 years at Shell, will hand over to Jessica Uhl on March

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10 Feb 2017 08:05

Rio Tinto Hires Three New Non-Executives In Board Shake-Up

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10 Feb 2017 07:53

Norway oil directorate authorises Ormen Lange plant expansion

Feb 10 (Reuters) - Shell and partners will be able to expand the plant processing gas from the giant Ormen Lange field off Norway, the Norwegian oil directorate said on Friday. The decision, which had been expected, paves the way for increasing the plant's export capacity to 84 million stan

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9 Feb 2017 16:07

Sector movers: Financials, insurers pace gains as interest rates rise

(ShareCast News) - Interest rate sensitive stocks such as life insurers and banks recovered some of their poise as government bond yields bounced back from their recent lows. Significantly, traders cited comments from US president Trump during the afternoon saying he would have "something phenomenal

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9 Feb 2017 14:55

UPDATE 2-Total on hunt for deals after outperforming rivals

* Total's Q4 adjusted net profit beats expectations * CEO says cost savings help outperformance vs peers * Says scouting for opportunities to snap up assets (Adds details, peer comparison, background) By Bate Felix PARIS, Feb 9 (Reuters) - French oil company Total is on

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9 Feb 2017 09:56

Output at Kazakhstan's Karachaganak oilfield down 1.4 pct in 2016

ALMATY, Feb 9 (Reuters) - Kazakhstan's Karachaganak oil and gas condensate field produced 139.7 million barrels of oil equivalent in 2016, down 1.4 percent from a year earlier, the operating consortium led by Shell and Eni said on Thursday. One of the world's largest oil and gas deposits, K

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8 Feb 2017 17:42

North Sea Crude-Forties, Ekofisk differentials firm despite market length

LONDON, Feb 8 (Reuters) - The differential for Forties firmed slightly, despite lengthening medium sour supplies in northern Europe, while the price for Ekofisk jumped after a deal. * Forties has been under pressure since last week due to falling differentials for competing Russian Urals in

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8 Feb 2017 17:36

Britain's FTSE steadies as housebuilders offset weaker commodities

* FTSE 100 ends flat * Housing stocks rally * Energy shares, miners weak (Recasts, adds detail and updates prices at close) By Kit Rees and Atul Prakash LONDON, Feb 8 (Reuters) - Britain's top share index steadied on Wednesday, underperforming European peers, as a drop i

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8 Feb 2017 15:04

UPDATE 1-Italy prosecutors ask Eni CEO to be sent to trial over Nigeria - sources

(Adds Eni comment, shares, background) MILAN, Feb 8 (Reuters) - Italian prosecutors have asked for the CEO of state-controlled oil major Eni, Claudio Descalzi, to stand trial over alleged corruption in Nigeria, judicial sources said on Wednesday. The prosecutors also asked for 10 othe

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