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By Sophie Sassard LONDON, Nov 7 (Reuters) - The value of merger and
acquisition deals between UK companies has plunged 62 percent to
a 30 year-low since the country's vote to leave the European
Union, according to Thomson Reuters data, in a sign of the
uncertainty gripping businesses.
* Somalia to launch licensing round next year * Horn of Africa nation has been ravaged by conflict * Piracy in decline, but remains a concern By Ed Stoddard CAPE TOWN, Nov 7 (Reuters) - Somalia looks more likely to strike oil than gas in its long pursuit of offshore riches
Read more* OGCI to invest in technologies that increase gas use * Investment dwarfed by firms' $100 bln combined annual capex * 2015 Paris Agreement comes into force on Friday (Adds comments, details) By Karolin Schaps and Ron Bousso LONDON, Nov 4 (Reuters) - Some of the world's
Read more(Adds Naimi comments on OPEC) By Dmitry Zhdannikov and Ahmad Ghaddar LONDON, Nov 4 (Reuters) - As Saudi Arabia prepares for the world's biggest initial public offering (IPO), memoirs from its former oil minister Ali al-Naimi offer a rare insight into decades of domestic infighting ove
Read moreBy Edward McAllister DAKAR, Nov 4 (Reuters) - In a report last week detailing sub-Saharan Africa's dire economic outlook, the International Monetary Fund singled out Senegal as a rare bright spot. One key reason: it does not produce oil. While low crude prices have hobbled exporters N
Read moreBy Pamela Barbaglia, Stephen Jewkes and Giancarlo Navach LONDON/MILAN, Nov 4 (Reuters) - France's Total and Italy's Erg are looking to sell a stake in their Italian refinery business Sarpom to facilitate an auction of one of the country's biggest service station networks, sources said. <
Read moreBy Dmitry Zhdannikov LONDON, Nov 4 (Reuters) - As Saudi Arabia prepares for the world's biggest initial public offering (IPO), memoirs from its former oil minister Ali al-Naimi offer a rare insight into decades of domestic infighting over the future of state-run Saudi Aramco. The 300-
Read more
(ShareCast News) - A group of oil companies has launched a $1bn fund to lower emissions as the Paris climate change agreement came into force on Friday. The Oil and Gas Climate Initiative (OGCI), which includes ten companies that account for over a fifth of global oil and gas production and over 10%
Read moreOSLO, Nov 4 (Reuters) - Top oil companies including Saudi Aramco, Shell and Statoil will invest $1 billion over the next decade to develop and accelerate the commercial deployment of innovative low emissions technologies, Statoil said on Friday. Reuters on Nov. 2 broke the news that the Oil
Read more(Adds detail, context) By Julia Payne LONDON, Nov 3 (Reuters) - Nigeria's oil production has fallen by at least 200,000 barrels per day (bpd) since a militant attack forced the closure of the major Trans Forcados Pipeline (TFP) on Wednesday, industry sources said. The attack pus
Read more(ShareCast News) - IAG: Deutsche Bank keeps at buy with a target price of 540p. Just Eat: Goldman Sachs stays at buy, 760p target. Next: Credit Suisse downgrades to underperform with a 4600p target. G4S: Deutsche Bank upgrades to hold with a 220 with a 3035p target. Cineworld: HBSC starts coverag
Read more(Adds details) By Jessica Jaganathan SINGAPORE, Nov 3 (Reuters) - Kuwait Petroleum Corp (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at nearly half the premiums of what it sold in 2016, traders said on Thursday. KPC has agreed to finalise its 2
Read moreOSLO, Nov 2 (Reuters) - A gas leak has been reported at the plant processing gas from Norway's Ormen Lange field after a power outage, a police spokesman said on Wednesday. "We received a report about a gas leak inside the plant at 1625 CET (1525 GMT), but we are not sure how big it was, a
Read more(Adds company comment) Nov 2 (Reuters) - Royal Dutch Shell Plc's 285,500-barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery plans to restart the gasoline unit on Wednesday after repairing thin piping found last week at the end of a planned overhaul, sources familiar with plant o
Read moreNov 2 (Reuters) - Royal Dutch Shell Plc's 285,500-barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery plans to restart the gasoline unit on Wednesday after repairing thin piping found last week at the end of a planned overhaul, said sources familiar with plant operations on Tuesday.Read more
