RDSA.L Share News (RDSA)

UPDATE 1-Nigeria's TNP pipeline carrying Bonny Light crude shut down

(Adds Shell confirmation) LONDON, June 9 (Reuters) - Nigeria's Trans Niger Pipeline, one of two major pipelines that carries the Bonny Light crude grade for export, was shut down on Wednesday after a leak was found, industry sources familiar with the matter said. Shell confirmed that

Helge Lund appointed new CEO of Schlumberger-Wall Street Journal

OSLO, June 9 (Reuters) - Helge Lund, the former CEO of oil companies Statoil and BG, has been appointed the new chief executive of oil services firm Schlumberger, the Wall Street Journal reported on Thursday, without naming sources. Schlumberger said in a filing to the U.S. SEC dated June 1

Nigeria's TNP pipeline carrying Bonny Light crude shut down

LONDON, June 9 (Reuters) - Nigeria's Trans Niger Pipeline, one of two major pipelines that carries the Bonny Light crude grade for export, was shut down on Wednesday after a leak was found, industry sources familiar with the matter said. The shutdown comes just as repairs were completed on

Nigeria's NCTL pipeline carrying Bonny crude reopened - sources

LONDON, June 9 (Reuters) - Nigeria's Nembe Creek Trunk Line (NCTL) pipeline carrying Bonny Light crude oil to the export terminal has been repaired and is operating again, industry sources said on Thursday. The pipeline was closed in early May for repairs by operator Aiteo, prompting Royal

UPDATE 1-Leak halts major fuel pipeline into Germany

(Adds impact, background) LONDON, June 9 (Reuters) - A major pipeline feeding oil products from the Amsterdam-Rotterdam-Antwerp refinery hub into Germany was shut this week after a leak was reported in the Netherlands, the operating company said in a statement on Thursday. The Dutch-G

REFILE-Dutch-German RRP distillates pipeline shut after leak report - statement

(Refiled to correct spelling of 'operating') LONDON, June 9 (Reuters) - The Dutch-German RRP distillates pipeline was shut this week after a leak was reported in the Netherlands, the operating company said in a statement on Thursday. The pipeline feeds oil products from the Amsterdam-

REFILE-Nigerian chaos leaves refiners cold and oil unsold amid outages

(Corrects spelling of name in final paragraph) * Oil unsold despite production close to 20-year low * Avengers militant group vow "zero" output * Refiners put off by force majeure, loading delays By Libby George LONDON, June 8 (Reuters) - Refineries from India to the

UK's benchmark oilfield Buzzard, once unreliable, pumps more in 2016

* No unplanned shutdowns so far in 2016-sources * Average 2016 output up 6 pct from 2015-sources * Field plays role in pricing global oil exports By Alex Lawler LONDON, June 9 (Reuters) - Britain's North Sea Buzzard oilfield, which helps price global crude exports and in t

BROKER RATINGS SUMMARY: Berenberg Upgrades Direct Line And Admiral

LONDON MARKET OPEN: Weak China Inflation Offsets Higher Oil Price

Norway's Ormen Lange gas processing won't be affected by potential strike -Shell

OSLO, June 9 (Reuters) - The plant processing gas from the Norwegian Ormen Lange gas field will continue to operate regardless of the outcome of ongoing security staff wage negotiations, a spokeswoman for operator Shell said on Thursday. Norway's Parat trade union said earlier that 560 guar

LONDON MARKET CLOSE: Strong UK Data Offset By Weak China Numbers

UPDATE 1-Shell resumes Iranian oil purchases

(Adds context) MOSCOW, June 8 (Reuters) - Royal Dutch Shell has resumed purchases of Iranian crude, becoming the second major oil firm after Total to restart trade with Tehran after the lifting of sanctions, trading sources said and ship tracking data showed. Iran has been trying to c

Wednesday broker round-up

(ShareCast News) - Hochschild Mining: UBS downgrades to neutral with a target price of 160p. Esure Group: JP Morgan keeps at overweight with a 330p target. Royal Dutch Shell: RBC reiterates outperform with a target price of 2000p and JP Morgan stays atneutral with a target price of 1630p. National

Broker tips: Shell, William Hill, WH Smith

(ShareCast News) - Royal Dutch Shell shares gained on Wednesday after RBC Capital Markets lifted its target price on the stock to 2,000p from 1,9000 and reiterated an 'outperform' rating. The oil producer on Tuesday announced plans for more asset sales and cost-cutting over the next few years amid l