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31 Jul 2015 06:18

BG Group Q2 profits halve as oil price drop bites

LONDON, July 31 (Reuters) - BG Group's core earnings nearly halved in the second quarter after a huge hit from persistently weak oil prices, though the company'[s results still beat market expectations. BG's core earnings dropped to $1.372 billion, the company said on Friday, down 48 percen

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31 Jul 2015 03:03

UPDATE 6-Shell's Arctic icebreaker threads human barricade as it departs Oregon

(Recasts with vessel departure, new throughout) By Shelby Sebens PORTLAND, Ore., July 30 (Reuters) - An icebreaking vessel key to Royal Dutch Shell's plans to drill for oil in the Arctic departed Portland, Oregon, late on Thursday, navigating between a narrow gap of environmental acti

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30 Jul 2015 18:27

Oil companies slash spending, jobs as prices slide for second time

By Anna Driver HOUSTON, July 30 (Reuters) - The stark reality of a much-feared second dip in crude prices is prompting global oil majors and nimble U.S. shale companies alike to axe spending once again a year after the first price crash started. Just days into the second-quarter earni

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30 Jul 2015 18:01

EU mergers and takeovers (July 30)

BRUSSELS, July 30 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Investment fund Apollo Management L.P. to acquire Saint-Gobain Emballage, Saint Gobain Vicasa S.A., Saint Gobain Vid

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30 Jul 2015 18:00

London close: Stocks end higher despite Fed decision

(ShareCast News) - London share prices ended modestly higher despite the US Federal Reserve's decision to leave the door open to possible interest rate increases in September which, it must be pointed out, might add to the pressure on the Bank of England to also make a move soon. The Footsie ended t

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30 Jul 2015 17:43

EU regulators to decide on $73 bln Shell, BG deal by Sept. 2

BRUSSELS, July 30 (Reuters) - European Union antitrust regulators will decide by Sept. 2 whether to approve Royal Dutch Shell's planned 47 billion pound ($73.25 billion) buy of BG Group to become the world's top liquefied natural gas company. The European Commission said the Anglo-Dutch com

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30 Jul 2015 16:01

LONDON MARKET CLOSE: Deluge Of Company News Lifts Stocks Higher

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30 Jul 2015 15:56

FTSE 100 movers: Shell rallies on better-than-expected earnings, but Centrica drops after announcing job cuts

(ShareCast News) - London's top-flight index was up 0.6% at 6,670 by 15:41 BST, as investors waded through a raft of earnings reports. Royal Dutch Shell and BG Group were both sharply higher after Shell's second-quarter results beat expectations. The Anglo-Dutch oil major posted adjusted profits of

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30 Jul 2015 13:58

UPDATE 2-Eni production growth takes sting out of Saipem writedown

(Adds CEO comments, details) By Stephen Jewkes and Oleg Vukmanovic MILAN, July 30 (Reuters) - Italian oil and gas group Eni raised its production targets for the year on Thursday, boosting its shares after second-quarter net profit slumped due to lower oil prices and a heavy loss at

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30 Jul 2015 13:41

UPDATE 4-With no sign of oil price rebound, Shell wields axe again

* Shell cuts 2015 capex by another $3 bln to $30 bln * Plans $50 bln asset disposals between 2014-2018 * Q2 profit drops 37 percent after oil price slump * Shares up 4.7 pct, bouncing from year's low (Recasts, adds quotes, updates shares) By Ron Bousso and Karolin Schaps

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30 Jul 2015 12:37

London midday: Heavyweight corporate earnings lift FTSE 100

(ShareCast News) - London share prices remained mostly in positive territory by midday on Thursday, as strong corporate results from heavyweights in various sectors, notably Shell, RBS and Astrazeneca, combined with a stronger oil price. At 12:15 the FTSE was up 0.79% to 6,683.11, almost recapturing

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30 Jul 2015 12:08

Shell to "take a good look" at North Sea after BG deal

LONDON, July 30 (Reuters) - Royal Dutch Shell will "take a good look" at selling North Sea assets after its planned acquisition of BG Group next year, Shell's Chief Executive Officer Ben van Beurden said on Thursday. Shell said it plans to sell $30 billion of assets in the two years followi

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30 Jul 2015 11:37

3rd UPDATE: Shell To Slash Jobs And Capital Spending As Earnings Drop

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30 Jul 2015 11:21

UPDATE 3-Idemitsu Kosan to buy Shell's stake in Japanese refiner for $1.4 bln

* Idemitsu to pay $1.4 bln for most of Showa Shell stake * Merger discussions continuing with Showa Shell * Sale raises capital for Shell in downturn (Adds comments by Idemitsu president, director) By Taro Fuse and Osamu Tsukimori TOKYO, July 30 (Reuters) - Japan's Idemi

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30 Jul 2015 11:11

LONDON MARKET MIDDAY: UK Stocks And US Futures Higher Ahead Of US GDP

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