George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here

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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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6 Sep 2016 16:13

European shares pull back from highest level since January

* STOXX 600 index down 0.3 pct * U.S. data sends stocks lower * Ingenico plummets after results * Fresenius gains following Spanish acquisition (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pa

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6 Sep 2016 15:47

Shell Nigeria lifts force majeure on Bonny Light exports

Sept 6 (Reuters) - Shell's Nigerian unit, Shell Petroleum Development Co(SPDC), said it has lifted a force majeure on Bonny Light exports effective Tuesday following the re-opening of Nembe Creek Trunk Line (NCTL) by the operator, Aiteo. The force majeure declared on Aug. 12, following the

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6 Sep 2016 12:41

Citi still sees value in Big Oil

(ShareCast News) - Big Oil still offered value for investors, analysts at Citi said. Their value screens pointed to 25% absolute upside and potentially more in relative terms as investors hunted for yield. In their opinion, most companies in the space were capable of achieving notional break-even -

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6 Sep 2016 09:17

Serica Energy Says Full Production Resumed At Erskine Field

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6 Sep 2016 09:08

European shares hover near 3-mo highs, though Ingenico slumps

* STOXX 600 index up 0.1 pct * Ingenico plummets after results * Fresenius gains following Spanish acquisition (Recasts, adds quote and detail, updates prices) By Kit Rees LONDON, Sept 6 (Reuters) - European shares rose slightly on Tuesday, holding near their highest lev

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5 Sep 2016 22:01

UPDATE 1-Saudi Aramco-Motiva in lead to buy Lyondell's Houston refinery-sources

(Adds Lyondell no comment, details and background) By Erwin Seba and Jessica Resnick-Ault HOUSTON/NEW YORK, Sept 5 (Reuters) - Saudi Aramco and its U.S. refining joint-venture Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery, according t

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5 Sep 2016 21:26

Saudi Aramco-Motiva in lead to buy Houston refinery - sources

HOUSTON/NEW YORK, Sept 5 (Reuters) - Saudi Aramco and its U.S. refining joint-venture Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery, according to three sources familiar with the matter. An announcement of the sale by Lyondell is expected th

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5 Sep 2016 16:15

Miners call for World Heritage Sites to be left untouched by all

* Royal Dutch Shell first among oil majors to halt activity * South Africa, Australia have protection in domestic law * Virunga in Democratic Republic of Congo among sites at risk By Barbara Lewis LONDON, Sept 5 (Reuters) - The world's biggest mining companies called on Mo

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5 Sep 2016 15:21

Sector movers: Big Oil, Industrial Metals pace gains on heels of G-20

(ShareCast News) - Big Oil again lent its heft to the market´s advance after Russia and Saudi Arabia unveiled an agreement to collaborate in the energy space. In a statement issued at the Group of 20 meeting in Hangzhou,China the oil producers said they would set up a working group to monitor the ma

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5 Sep 2016 15:12

Gabon's Sogara oil refinery shut due to post-election violence

DAKAR, Sept 5 (Reuters) - Gabon's sole oil refinery in Port Gentil has been shut since last Wednesday because of violence following the disputed Aug. 27 presidential elections, a union official told Reuters on Monday. It was not clear when the Sogara refinery, which processes 21,000 barrels

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5 Sep 2016 11:32

Despite cuts, Big Oil to expand production into the 2020s

* Oil majors' output set to rise 9 pct by 2018 - analysts * Production will gain modestly after 2020, mostly for gas * Capex cuts to moderate, but not stop, growth * GRAPHIC: Oil majors' output growth http://tmsnrt.rs/2c0eSev By Ron Bousso LONDON, Sept 5 (Reuters) -

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2 Sep 2016 16:11

Sector movers: Interest rate-sensitive issues pace gains

(ShareCast News) - The safest and highest dividend-paying stocks paced gains on the market at the end of the week, as a weaker-than-expected US jobs report for August reaffirmed some economists´ view that the US central bank was unlikely to hike interest rates come September. Thus, it was the likes

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2 Sep 2016 14:51

Latam banana workers' claims over pesticide are revived in U.S.

Sept 2 (Reuters) - Hundreds of banana farmers from Central America and South America will again have their day in court, after a U.S. appeals court on Friday revived their lawsuits accusing several companies of sickening them by using a toxic pesticide. By an 11-0 vote, the 3rd U.S. Circuit

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1 Sep 2016 21:10

Sector movers: Vodafone weighs on mobile telecoms

(ShareCast News) - News that CK Hutchison Holdings and VimpelCom had won European Union approval to merge, in the process creating Italy´s biggest wireless telecommunications provider, sent stock in Vodafone sharply lower and its sector gauge with it. Vodafone´s own unit in that Mediterranean countr

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1 Sep 2016 20:03

At least 8 oil companies to bid in Mexico Trion tender -sources

MEXICO CITY, Sept 1 (Reuters) - At least eight large oil companies will participate in Mexico's tender to partner with state oil company Pemex to develop the deep-water Trion field in the Gulf of Mexico, two sources from the National Hydrocarbons Commission (CNH) said. Mexican subsidiaries

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