LONDON, April 25 (Reuters) - Royal Dutch Shell will close the head office of BG Group, the gas producer it agreed to acquire for $50 billion in February, by the end of the year, it said on Monday. The oil major will offer voluntary redundancy packages to staff at the BG headquarters in Read
Read more(Adds comment from OMV) SOFIA, April 25 (Reuters) - Bulgaria's competition regulator said on Monday it had raided the offices of the local subsidiary of Austrian oil group OMV as part of its investigation into possible cartel agreements. Bulgarians complain of high fuel costs despite
Read moreSOFIA, April 25 (Reuters) - Bulgaria's competition regulator said on Monday it had raided the offices of the local subsidiary of Austrian oil group OMV as part of its investigation into possible cartel agreements. Bulgarians complain of high fuel costs despite a plunge in global oil prices
Read more(ShareCast News) - With oil prices having possibly hit bottom in the first quarter of the year, investors would need to carefully watch European oil majors's progress on their cost and investment targets and any changes to targets or guidance, UBS said. Any of the latter would arguably be arrivin
Read more(Adds Shell Bulgaria and Eco Petroleum comment) SOFIA, April 22 (Reuters) - Bulgaria's anti-monopoly watchdog said it had raided the offices of Eco Petroleum, part of Hellenic Petroleum, and Shell Bulgaria, owned by Royal Dutch Shell, in an investigation into possible cartel agreements.
Read moreSOFIA, April 22 (Reuters) - Bulgaria's anti-monopoly watchdog said it had raided the offices of Eco Petroleum, part of Hellenic Petroleum, and Shell Bulgaria, owned by Royal Dutch Shell, as part of an investigation into possible cartel agreements. The inquiry follows complaints by Bulgarian
Read more(Adds background and consortium official's comment) MOSCOW, April 21 (Reuters) - Kazakhstan's Kashagan oil project is likely to return to production in June 2017, an executive of one of the field's consortium members told reporters at an energy conference in Moscow on Thursday. The co
Read more(Adds background, context on company) By Freya Berry and Ron Bousso LONDON, April 21 (Reuters) - Royal Dutch Shell is working on selling out of its onshore assets in Gabon, according to two sources familiar with the matter, seeking to refocus its African presence. Bids are due i
Read moreBy Freya Berry and Ron Bousso LONDON, April 21 (Reuters) - Royal Dutch Shell is working on selling out of its onshore assets in Gabon, according to two sources familiar with the matter, as the oil giant seeks to refocus its African presence. Bids are due in June for the fields, which
Read moreMOSCOW, April 21 () - Kazakhstan's oil Kashagan project will likely be launched in June 2017, Wang Zhongcai, the first vice president of China National Petroleum Corp, told reporters on Thursday at an energy conference in Moscow. Late last year, the Kazakhstan economy ministry said it
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