(ShareCast News) - Saudi Arabia would not let up the pressure on high-cost oil producers in a bid to maintain its share of the market, the country's energy minister said on Wednesday. "We will satisfy the demand of our customers. We no longer limit production. If there is demand, we will respond. We
Read more(Adds comments) SAO PAULO, Dec 23 (Reuters) - Brazilian antitrust watchdog Cade is reviewing a proposed tie-up between sugar and ethanol producer Raizen Energia SA and trader Wilmar International Ltd , as prices for the commodity recover amid tightening global supply. The proposed joi
Read moreDec 23 (Reuters) - Brazilian antitrust regulator Cade is reviewing a proposed tie-up between sugar and ethanol producer Raizen Energia and trader Wilmar Sugar, according to a notice published on Wednesday in the government gazette Diario Oficial da Uniao. The proposed joint venture, accordi
Read more(Adds comment from Canadian Pacific; changes lead) By Allison Lampert MONTREAL, Dec 22 (Reuters) - A C$460 million ($330.46 million) settlement fund for victims of the 2013 Lac-Megantic crude-by-rail disaster will begin disbursements this week without the participation of Canadian Pac
Read moreBy Allison Lampert MONTREAL, Dec 22 (Reuters) - A C$460 million ($330.46 million)settlement fund for victims of the 2013 Lac-Megantic crude-by-rail disaster will begin disbursements this week without the participation of Canadian Pacific Railway Ltd , the monitor for the bankrupt railroad b
Read more* Shell cuts 2016 capex by extra $2 bln, operating costs by $3 bln * Savings will help keep dividend safe, Shell says * Expects to complete deal by Feb. 15 * Major shareholder Aberdeen Asset Management says supports deal (Recasts to focus on break-even price, adds shareholder
Read moreLONDON, Dec 22 (Reuters) - Top 10 Royal Dutch Shell and BG Group shareholder Aberdeen Asset Management said on Tuesday it supported Shell's proposed $53 billion acquisition of its smaller British rival. "We're supportive of the deal from a strategic perspective. It makes a lot of sense to
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