RDSA.L Share News (RDSA)

CORRECT: LONDON MARKET CLOSE: BT Shines While Sterling Rises After Weak US Data

LONDON MARKET CLOSE: BT Shines While Sterling Rises After Weak US Data

UPDATE 2-Fault at Russia's Sakhalin-2 LNG plant cuts output

(Adds no impact expected on Sakhalin's 12-cargo LNG tender) MOSCOW, Feb 1 (Reuters) - Sakhalin-2, Russia's sole liquefied natural gas (LNG) production plant, has cut production of LNG due to a technical glitch, a spokeswoman for the company told Reuters on Monday. She said production

Russia's Gazprom sees Sakhalin-2 LNG plant expansion in 2021

MOSCOW, Feb 1 (Reuters) - Russian gas giant Gazprom expects to launch the third train of the liquefied natural gas plant Sakhalin-2 in 2021 with additional volumes seen at 5.4 million tonnes per year, Gazprom's deputy head, Alexander Medvedev, said on Monday. Currently, the plant produces

Shell to sell stake in Malaysian plant to China private refiner

SINGAPORE, Feb 1 (Reuters) - Royal Dutch Shell said on Monday it had agreed to sell its shares in Shell Refining Company in Malaysia to a unit of a private Chinese refiner for $66.3 million. It marks the first overseas refinery acquisition by a private Chinese refiner, shortly after Beijing

Royal Dutch Shell Sells Shell Refining Stake To Malaysian Hengyuan

Shell sells stake in Malaysian refining unit

(ShareCast News) - Royal Dutch Shell has agreed to sell the 51% stake in its Malaysian refining unit to Malaysian Hengyuan International for $66.3m (£46.4m). Shell said the deal, which is expected to complete this year, is consistent with its strategy of concentrating its global downstream footprint

Russia's Sakhalin-2 LNG plant cuts gas output due to technical failure

MOSCOW, Feb 1 (Reuters) - Sakhalin-2, Russia's sole liquefied natural gas (LNG) production plant, has cut production of LNG due to a technical glitch, a spokeswoman for the company told Reuters on Monday. She said production had been curtailed in order to "optimise the work of the Lunskaya

BROKER RATINGS SUMMARY: Citi Promotes Sky To European Focus List

BUZZ-BP: another day, another broker cut

** BP tops FTSE 100 fallers' list on Exane BNP Paribas and Deutsche Bank cuts ** In its 4Q15 results preview report, Deutsche Bank cuts price target to 445p from 450p, expects another dull quarter for oil cos due to weak crude prices ** Also cuts PT of BG to 1290p from 1355p; Shell t

Motiva's Port Arthur work to end mid-Feb, early March - sources

HOUSTON, Jan 29 (Reuters) - A planned multi-unit overhaul at Motiva Enterprises 603,000 barrel per day (bpd) Port Arthur, Texas, refinery that includes the second-largest crude unit, is continuing as planned with work scheduled to finish between mid-February and early March, sources familiar with

FTSE 100 movers: South Africa rate rise sends Old Mutual surging

(ShareCast News) - The FTSE 100 was back over the 6,000 mark on Friday, rising 105.69 points (1.78%) to 6,037.47 by mid-afternoon. Old Mutual topped the list after South Africa's central bank raised interest rates for the second time in two months yesterday. The bank also cut its growth forecast as

Oil sector's lavish dividend policy in spotlight as hard times grow

* Oil majors' dividend yields soar as shares slide * Firms to borrow more to cover dividend, capex * Pressure grows as oil rout persists By Ron Bousso LONDON, Jan 29 (Reuters) - As Europe's top oil companies make deeper retrenchments due to slumping oil prices, their gener

Russia's Sakhalin-2 LNG plant reports technical 'glitch'

MOSCOW/MILAN, Jan 29 (Reuters) - A technical "glitch" occurred on Jan. 26 at a gas compressor at Sakhalin-2, Russia's sole liquefied natural gas production plant, a spokesman for the company told Reuters on Friday. She said the plant, which produces more than 10 million tonnes of LNG a yea

LONDON MARKET OPEN: Oil Rally And BoJ Rate Cut Boost Shares