RDSA.L Share News (RDSA)

Kazakh Kashagan field start-up going normally - minister

ASTANA, Oct 12 (Reuters) - Work to bring onstream the giant Kashagan oil field in Kazakhstan is going normally and some crude has already been processed and put in storage, Kazakh Energy Minister Kanat Bozumbayev said on Wednesday. Bozumbayev also said that reducing oil output in line with

Tuesday broker round-up

(ShareCast News) - Easyjet: Deutsche Bank keeps at hold with a target price of 1000p. BP: HSBC reiterates buy, 570p target. Petrofac: Credit Suisse keeps at outperform with a 1100p target. British American Tobacco: Jefferies reiterates buy with a 6000p target. Royal Dutch Shell: HSBC keeps at bu

Monday broker round-up

(ShareCast News) - Easyjet: Societe Generale downgrades to sell with a target price of 820p. BP: Barclays reiterates overweight, 600p target. Lloyds: Citigroup keeps at sell with a 48p target. Unilever: Jefferies reiterates hold with a 3530p target. Royal Dutch Shell: Barclays keeps at overweight

UPDATE 1-Bulgaria watchdog accuses six oil firms of price-fixing

(Add details) SOFIA, Oct 10 (Reuters) - Bulgaria's anti-monopoly commission on Monday accused six oil companies operating on its retail fuel market of involvement in cartel agreements on fuel prices. The commission said Lukoil Bulgaria, part of LUKOIL , Shell Bulgaria, part of Royal D

Bulgaria watchdog accuses six oil firms of price-fixing

SOFIA, Oct 10 (Reuters) - Bulgaria's anti-monopoly commission said on Monday six oil companies operating on the retail fuel market in the Balkan country had been involved in cartel agreements on fuel prices. The competition said Lukoil Bulgaria, part of LUKOIL , Shell Bulgaria, part of Roya

Royal Dutch Shell signs MOU with Iran's National Petrochemical

BEIRUT, Oct 9 (Reuters) - Royal Dutch Shell signed a preliminary memorandum of understanding (MOU) with Iran's National Petrochemical Company on Sunday for cooperation in the petrochemical industry, the Iranian oil ministry's news agency SHANA reported. Hans Nijkamp, the head of the departm

BUZZ-Strong oil, weak sterling boost Shell, BP

LONDON, Oct 7 (Reuters) - ** Royal Dutch Shell up 2 pct, BP up 1.5 pct, and Shell up 8.7 percent this week while BP is up 7.6 percent over the same period, supported by gains in oil prices and the weakening of the British pound. ** Oil prices have risen nearly 11 percent since OPEC ag

Norway gas plant workers agree wage deal, avoid strike

OSLO, Oct 7 (Reuters) - Workers at three plants serving Norway's gas and oil industry agreed a new wage deal early on Friday, avoiding a strike that could have cut supplies of natural gas to Britain and liquefied natural gas (LNG) to customers worldwide, the negotiators said. Altogether 338

Norway wage negotiators work overtime to avert gas strike

OSLO, Oct 7 (Reuters) - Norwegian petroleum workers and their employers extended wage talks past a midnight deadline on Friday in a bid to avoid a strike that could cut pipeline gas supplies to Britain and liquefied natural gas (LNG) to customers worldwide, the SAFE labour union said. Altog

Norway strike could shut two gas plants if wage talks fail-industry

OSLO, Oct 6 (Reuters) - Statoil's Melkoeya liquefied natural gas (LNG) plant and Shell's Nyhamna gas processing plant would have to shut if Thursday's wage talks fail and workers go on strike, the country's oil and gas industry association said on Thursday. Melkoeya turns natural gas from t

Sector movers: Tesco sets fresh 52-week high, defensives lag

(ShareCast News) - An upbeat outlook for margins from Tesco boosted the wider sector gauge. The company's shares rocketed to their best levels since late-summer 2015 - setting a fresh 52-week in one fell swoop - after management reported that UK like-for-like (LFL) sales doubled to 0.6% and operatin

Natgas on tanker to Mexico unlikely to reach California -analysts

Oct 4 (Reuters) - The first liquefied natural gas import to a major facility in northwest Mexico since June is unlikely to flow to Southern California to ease possible winter shortages despite calls to do so by several energy consumers, analysts said on Tuesday. The shipment from Indonesia

CORRECTED-Ivory Coast signs agreement to establish Total-led LNG consortium

(Corrects spelling of Total official's surname to Vivier from Didier) ABIDJAN, Oct 4 (Reuters) - Ivory Coast signed a partnership pact on Tuesday to create a consortium headed by France's Total to build a liquid natural gas (LNG) import terminal that could begin receiving gas shipments by

Tuesday newspaper share tips: SVG Capital, Royal Dutch Shell

(ShareCast News) - Harbourvest's offer for SVG Capital undervalues the company by such a wide margin that new bidders are likely to appear, The Times's Tempus said. Hence, investors should await further developments before acting, the tipster mused. SVG offered 650p a share in cash, well below the

EXTRA: BP Thought To Have Spilled 675 Barrels Of Oil Into UK North Sea