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TIRANA, May 18 (Reuters) - Albania will offer companies interested in oil and gas exploration seven offshore and onshore blocks in June in a bidding process, officials said on Monday. The small Adriatic state began preparing the bids a year ago after a yet-inconclusive but significant disco
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Lloyds: Investec downgrades to sell with 84p target. RBS: Investec reiterates buy with a 395p target price and Berenberg sell with a 250p target. Babcock International: Deutsche Bank reiterates buy and 1,150p target. Marks&Spencer: Deutsche Bank reiterates buy. Coca Cola HBC: Nomura reiterates re
Read moreLONDON, May 18 (Reuters) - Shell reopened on May 16 the Trans Nigeria pipeline that feeds Bonny Light crude oil to the export terminal, a spokeswoman said on Monday. The pipeline, which has the capacity to carry 180,000 barrels of crude oil per day, was closed on May 12 following a leak cau
Read more(Updates with details from kayak protest) By Bryan Cohen and Victoria Cavaliere SEATTLE, May 16 (Reuters) - Hundreds of activists in kayaks and small boats fanned out on a Seattle bay on Saturday to protest plans by Royal Dutch Shell to resume oil exploration in the Arctic and keep tw
Read moreBy Victoria Cavaliere SEATTLE, May 16 (Reuters) - Hundreds of activists, many in boats and kayaks, were gearing up on Saturday to protest plans to store two Royal Dutch Shell drilling rigs in Seattle's waterfront before the oil giant resumes Arctic oil exploration this summer. Environ
Read moreBy John Tilak, Euan Rocha and Scott Haggett TORONTO/CALGARY, May 15 (Reuters) - Imperial Oil, Canada's No. 2 integrated oil producer and refiner, is moving forward on plans to sell some 500 of its remaining company-owned Esso retail sites and has begun to accept proposals from interested bi
Read more* Private equity funds in talks to buy North Sea assets * Recent rebound in oil prices accelerated process * Sharp rise in number of assets for sale in 2015 By Ron Bousso LONDON, May 15 (Reuters) - High-profile oil and gas executives are teaming up with private equity fund
Read moreUK stocks edged higher on Friday morning ahead of what is expected to be another quiet session, though trading volumes are expected to pick up slightly. The FTSE 100 was up 0.38% at 6,999.81 early on with corporate updates from a number of blue chips being warmly-received by investors. Markets acro
Read moreBy Victoria Cavaliere SEATTLE, May 14 (Reuters) - The first of two Royal Dutch Shell drilling rigs slated for Arctic oil exploration arrived in Seattle on Thursday as environmental activists geared up for days of protests over plans to store the equipment at the city's port. Shell is
Read more(Updates with reason for closure, pipeline capacity) LONDON, May 14 (Reuters) - The Trans Nigeria Pipeline that carries Nigeria's Bonny Light crude oil to an export terminal has been shut down since May 12, a Shell spokeswoman said on Thursday. The company closed the pipeline, which h
Read moreNEW YORK, May 14 (Reuters) - U.S. oil production could already be increasing in some of the best areas, even though prices remain depressed compared to last year, said Marvin Odum, director of Shell's Americas exploration and production business at the FT Energy Strategies Summit on Thursday.
Read moreUK stocks rebounded from early losses, but remained restrained by concerns of Greek instability. Sector wise, miners and technology services provided the biggest drag, while insurers and utilities gave a welcome boost. At 1:45 BST, the FTSE 100 was trading 12 points higher at 6,962. ITV declined a
Read more(Repeats story with no change to text) By Yeganeh Torbati, Anna Yukhananov and Karen Freifeld WASHINGTON/NEW YORK, May 14 (Reuters) - Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank exec
Read moreLONDON, May 14 (Reuters) - The Trans Nigeria Pipeline that carries Nigeria's Bonny Light crude oil to an export terminal has been shut down since May 12, a Shell spokeswoman said on Thursday. Neither the reason for the shut down nor its expected duration were immediately clear. Traders have
Read moreBy Yeganeh Torbati, Anna Yukhananov and Karen Freifeld WASHINGTON/NEW YORK, May 14 (Reuters) - Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank executives and advisers say, likely denting Iran'
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