RDSA.L Share News (RDSA)

Sound Oil Signs Gas Sales Agreement For Casa Tonetto With Shell

BP to invest $1 bln in upgrading ageing North Sea fields

LONDON, Aug 5 (Reuters) - British oil major BP will spend $1 billion to increase output from oil fields off the eastern coast of Scotland, it said on Wednesday, at a time when oil companies are seeking to exit the ageing UK North Sea basin. The investment in the Eastern Trough Area Project

Nigeria's president appoints new head of state oil firm

LONDON, Aug 4 (Reuters) - Nigeria's President Muhammadu Buhari appointed Emmanuel Ibe Kachikwu as the new group managing director of state oil firm Nigerian National Petroleum Corporation (NNPC) on Tuesday, a statement from the presidency said. The new head was the executive vice chairman a

Venezuela's PDVSA got at least 6 light crude supply offers

By Marianna Parraga HOUSTON, Aug 3 (Reuters) - Venezuela's state-run PDVSA has received at least six offers from foreign companies, more than expected, to supply it with light crudes for diluting its extra heavy oil output, people from the bidding companies told Reuters. To keep incre

UBS upgrades Shell to 'buy', highlights synergies of BG deal

(ShareCast News) - UBS upgraded Royal Dutch Shell to 'buy' from 'neutral' and lifted the price target to 2,150p from 2,130p. Following a decline in the share price since the announcement of its proposed BG transaction both on an absolute and relative basis, the bank remains positive on the deal's me

TOP NEWS SUMMARY: HSBC Exits Brazil As BG Expands Oil Production There

BROKER RATINGS SUMMARY: Banks Put Shell On Buy, BG On Overweight

LONDON BRIEFING: HSBC And Intertek Shares Rise On Positive Earnings

LONDON MARKET PRE-OPEN: Weak Chinese PMI Points Stocks Down At Open

BG Group Gets First Oil From Sixth Santos Basil Vessel Offshore Brazil

WRAPUP 4-Tumbling oil prices slam profit at Exxon Mobil, Chevron

(Adds Breakingviews link) By Ernest Scheyder and Anna Driver July 31 (Reuters) - Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap

BASF joins Nord Stream pipeline expansion plan

FRANKFURT, July 31 (Reuters) - German chemicals group BASF said on Friday it has signed a memorandum of understanding to join the group of companies intending to expand the Nord Stream pipeline to bring gas from Russia to Germany under the Baltic Sea. The company said last month its oil an

BROKER RATINGS SUMMARY: Goldman Initiates GKN At Neutral

Parkmead Group Awarded Three Offshore UK Licences Under 28th Round

UPDATE 1-BG Group's record output limits oil price fallout

(Adds details, quotes, background) By Ron Bousso LONDON, July 31 (Reuters) - BG Group's second-quarter earnings nearly halved as it took yet another hit from persistently weak crude prices though record oil and gas production limited the damage. BG, which has accepted a $70 bill