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22 Dec 2015 15:57

Shell sees more 2016 spending cut if BG deal goes ahead

LONDON, Dec 22 (Reuters) - Royal Dutch Shell said on Tuesday it planned to cut the 2016 capital spending following its proposed takeover of BG Group by $2 billion to $33 billion. The Anglo-Dutch company expected the $53 billion BG acquisition to be completed by Feb. 15 pending both companie

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22 Dec 2015 12:13

Investors wary as Russian pipeline project splits EU

* Backers say new link needed to offset fall in EU gas output * EU firms, Gazprom all seek leverage * Ukraine has been a reliable transit partner for 18 months By Alissa de Carbonnel and Barbara Lewis BRUSSELS, Dec 22 (Reuters) - Investors are wary of pouring money into a

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22 Dec 2015 12:10

LONDON MARKET MIDDAY: Oil Helps London Outperform But ITV Slips 1.6%

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22 Dec 2015 10:57

WINNERS & LOSERS SUMMARY: Warm Weather Hurting Next And M&S

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22 Dec 2015 08:49

BUZZ-Oil and gas cos: Brent off multi-year lows

** Oil stocks among top gainers in Europe as Brent prices edge away from multi-year lows on Tuesday on winter demand hopes ** Brent futures up 0.9 pct at $36.68 per barrel at 0824 GMT, off an 11-year low of $36.04 hit on Monday ** Tullow Oil and BG up 2 pct each, Shell gains 1 pct an

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21 Dec 2015 22:21

Royal Dutch Shell sells NZ pipeline to Australia's First State Investments

WELLINGTON, Dec 22 (Reuters) - The Maui Mining Companies, majority owned by energy giant Royal Dutch Shell (RDSa.L), said Tuesday it would sell the Maui natural gas pipeline to infrastructure funds managed by First State Investments for NZ$335 million ($226.49 million). The Maui natural gas

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21 Dec 2015 20:09

UPDATE 1-Safety official tapped to lead U.S. union refinery workers -sources

(Adds Nibarger, USW unavailable for comment; background) HOUSTON, Dec 21 (Reuters) - A United Steelworkers union (USW) safety official has been tapped to lead the 30,000 U.S. refinery and chemical plant workers represented by the labor organization, two sources familiar with the selection s

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21 Dec 2015 16:54

LONDON MARKET CLOSE: Stock Gains Wiped Out By Late Oil Price Slide

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21 Dec 2015 15:00

Gunvor, Statoil consider joining latest resources transparency drive

By Gwladys Fouche OSLO, Dec 21 (Reuters) - Commodities trader Gunvor and the oil trading desks of Statoil and other energy firms are considering joining a global initiative aimed at shedding light on companies' dealing with governments of resource-rich countries. The latest transpare

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21 Dec 2015 15:00

UPDATE 2-UK's Coryton oil storage to open in 2016 with global glut boost

* Greenergy acquires Vopak's Coryton stake * Forms JV with Macquarie Capital for UK storage * Bumper year for refiners will slow capacity closures (Adds comment on refineries outlook) By Ron Bousso and Libby George LONDON, Dec 21 (Reuters) - The Thames Oilport terminal n

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21 Dec 2015 13:51

FTSE 100 movers: Glencore leads market on buy recommendation

(ShareCast News) - The FTSE 100 started the short week on a high with the index up 52.66 points (0.87%) to 6,105.08 by mid-afternoon Monday. It was also the first day that Worldpay, Provident Financial and DCC were trading on the blue chip market, replacing Morrisons, G4S and Meggitt. Glencore led

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21 Dec 2015 11:18

TOP NEWS SUMMARY: Shell, BG Shareholders To Vote On Merger In January

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21 Dec 2015 11:05

Britain's Coryton terminal to start operations in spring -Greenergy

LONDON, Dec 21 (Reuters) - The Thames Oilport terminal east of London will start operations next spring with initial capacity of 175,000 cubic metres, British oil storage company Greenergy said on Monday. The tank field, built on the site of the former Coryton refinery, will be used initial

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21 Dec 2015 10:36

UPDATE 1-Shell, BG shareholders to vote on merger in January

(Updates throughout) LONDON, Dec 21 (Reuters) - Royal Dutch Shell and BG Group shareholders are expected to vote on the merger of the two companies on Jan. 27 and 28, respectively, the firms said on Monday. Shareholder approval is the final remaining hurdle to clear Shell's takeover o

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21 Dec 2015 07:46

Shell And BG Group Shareholders To Cast Decisive Votes In January

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