** Shares of European oil and oil related services cos rise 2-7 pct as crude soars 6 pct ** Saipem (+7.8 pct), Seadrill (+7.2 pct), SBM Offshore (+4 pct) are top risers on Stoxx oil and gas index (+3 pct) ** Total, BP and Shell (+2.5-3.5 pct) are the biggest boosts ** Top offic
Read more(ShareCast News) - The Bank of England has rebuffed criticism from the chief architect of the UK's banking reforms by denying that it has watered down his recommended minimum capital levels for Britain's biggest lenders. In a statement released late on Monday the BoE rejected that it had gone soft o
Read more(Adds comment on Brazil oil legislation, newspaper report) By Jeb Blount and Marta Nogueira RIO DE JANEIRO Feb 15 (Reuters) - Royal Dutch Shell , Europe's largest oil company, expects to make robust investments in Brazil's offshore, hoping to quadruple oil and gas output there by the
Read moreRIO DE JANEIRO Feb 15 (Reuters) - Royal Dutch Shell , Europe's largest oil company, believes that investment in Brazil's subsalt offshore areas will remain robust, Chief Executive Ben van Beurden said in Rio de Janeiro on Monday. Van Beurden said that subsalt areas should be able to break e
Read more* Shell completes $53 billion acquisition * To become top LNG trader, major offshore oil producer * Acquisition to define Shell CEO's legacy By Ron Bousso LONDON, Feb 15 (Reuters) - Royal Dutch Shell on Monday sealed the $53 billion (36 billion pounds) acquisition of Briti
Read more(ShareCast News) - The European Central Bank and its London counterpart have held talks after the Bank of England raised the alarm over the potential threat of a funding crisis in the banking sector. Three senior London bankers have told the Sunday Times that their normal efforts to raise money from
Read moreMUNICH, Feb 13 (Reuters) - The Nord Stream II pipeline project will be implemented on schedule by the end of 2019 and laying of pipes for the project will start next year, Alexei Miller, chief executive of Russia's Gazprom, said on Saturday. "We are now preparing to hold tenders for the pur
Read more* Plans savings and spending cuts, no job cuts * Q4 net profit down 26 percent but beat forecasts * Took $3.7 billion in one-time charges in Q4 * To pay 0.61 euro per share Q4 dividend in cash, shares (Adds CEO comments to analysts, investors) By Bate Felix and Karolin S
Read more(Adds Shell comment, details) DUBAI, Feb 10 (Reuters) - Iran's oil minister said foreign oil companies that owe his country billions of dollars are likely to settle their debts in euros. Greece's Hellenic Petroleum, Italy's Saras and Royal Dutch Shell owe Iran about $4 billion which
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