
LONDON, Jan 4 (Reuters) - Britain's oil and gas output rose in 2015 for the first time since the turn of the millennium, industry body Oil & Gas UK said on Monday, reversing a declining trend but coming as oil prices are trading at a seven-year low. The industry group, which represents oil
LONDON, Jan 4 (Reuters) - Britain's oil and gas output rose in 2015 for the first time since the turn of the millennium, industry body Oil & Gas UK said on Monday, reversing a declining trend but coming as oil prices are trading at a seven-year low. The industry group, which represents oil
(ShareCast News) - If competition in the UK supermarket sector was not hot enough, the Big Four grocers will be sweating even more heavily at plans of German retail invader Aldi to open a record 80 new stores in 2016, 23 per cent more than last year. With fellow discounter Lidl planning 50 openings
Dec 31 (Reuters) - Russian Urals crude price differentials weakened in the Mediterranean and the Baltic due to ample supplies, traders said on Thursday. In the Platts window, Litasco sold to Shell a 80,000 tonne cargo in the Mediterranean loading on Jan. 18-22 at a discount of $1.45 a barre
(ShareCast News) - Royal Dutch Shell has begun production at the Corrib gas field, which is located 83 kilometres off Ireland's northwest coast, almost 20 years after the reserves were discovered. The field lies around 3,000 metres below the seabed and at peak production, is expected to produce arou
(ShareCast News) - A review of Britain's banking culture has been ditched by the UK's financial watchdog only months after its launch, in the latest sign that the years of "banker bashing" are coming to an end. The Financial Conduct Authority has abandoned its assessment of culture at retail and who
(ShareCast News) - Saudi Arabia would not let up the pressure on high-cost oil producers in a bid to maintain its share of the market, the country's energy minister said on Wednesday. "We will satisfy the demand of our customers. We no longer limit production. If there is demand, we will respond. We
(Adds comments) SAO PAULO, Dec 23 (Reuters) - Brazilian antitrust watchdog Cade is reviewing a proposed tie-up between sugar and ethanol producer Raizen Energia SA and trader Wilmar International Ltd , as prices for the commodity recover amid tightening global supply. The proposed joi
Dec 23 (Reuters) - Brazilian antitrust regulator Cade is reviewing a proposed tie-up between sugar and ethanol producer Raizen Energia and trader Wilmar Sugar, according to a notice published on Wednesday in the government gazette Diario Oficial da Uniao. The proposed joint venture, accordi