(Corrects paragraph 6 to show output and profit percentages are projected contributions, not current ones) * Total sees gas as key in energy transition * Seeks to help boost demand in emerging economies * Will invest in regasification plants, transport By Bate Felix
Read more* Petromanas sells Albanian assets to Shell * Albania sees Shell's full ownership as good sign TIRANA, Feb 2 (Reuters) - Petromanas Energy Inc, a small Canadian company that helped to draw Royal Dutch Shell to Albania, sold all its assets in the Balkan country to Shell's local branch
Read more(ShareCast News) - Home Retail had its 'sell' rating reiterated by Canaccord Genuity on Tuesday after the company agreed on the terms of a takeover bid from J Sainsbury. Sainsbury's has offered Ā£1.3bn for the owner of Argos, equivalent to 161.3p a share. Home Retail shareholders will receive 55p in
Read more(ShareCast News) - Analysts at Liberum cut their share price targets for a wide swathe of the London-listed oil sector after taking into account the sharp shift lower in futures prices over the last four months. Worries about demand conditions in China and Europe, together with the threat of growing
Read more* BP shares slide 8 pct after results miss forecasts * BP reports 2015 loss of $6.5 bln, to cut 3,000 more jobs * 2016 spending seen at lower end of $17-19 bln range (Updates throughout) By Karolin Schaps and Ron Bousso LONDON, Feb 2 (Reuters) - BP slumped to its biggest
Read moreLONDON, Feb 2 (Reuters) - The cost of insuring exposure to the debt of six integrated European oil and gas companies rose by as much as 32 basis points on Tuesday after ratings actions by Standard & Poor's and BP's worst annual loss in over 20 years. Standard & Poor's cut its rating on Roya
Read more(ShareCast News) - Citigroup upgraded Royal Dutch Shell to 'buy' from 'neutral' with an unchanged price target of 1,775p, after the oil major got the green light from both sets of shareholders for its merger with BG Group. "Our upgrade reflects a belief that the sharp erosion of equity value can
Read moreFeb 1 (Reuters) - Credit ratings agency Standard and Poors on Monday downgraded oil major Royal Dutch Shell Plc to A+/A-1 from AA-/A-1+ and put its long-term credit rating on creditwatch negative citing sliding oil prices. S&P said Shell's one-notch downgrade, driven by weaker forecasts for
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