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15 Apr 2015 15:53

BUZZ-Shell and BG: playing the spread

** Multiple options still available to play proposed takeover of BG by Shell ** BG shares yet to close the gap to the implied price as per deal terms ** Shell's offer of 0.4454 shares for every 1 BG share plus 383p cash valued BG shares at 1350p, a premium of 52 pct to the 90 day VWAP

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15 Apr 2015 14:56

MEDIA-Nigeria central bank chief proposes selling down oil assets - FT

-- Source link: (http://on.ft.com/1IdT86K) -- Note: Reuters has not verified this story and does not vouch for its accuracy

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15 Apr 2015 13:07

FTSE 100 movers: Sainsbury's breaks key technical level

Sainbury's was top of the leaderboard due to a technical move higher, according to City traders, in what was described as a "very squeezy" market where all top risers in Europe all have big short bases. The grocer's shares started the day's move higher after breaking a key technical level in early t

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15 Apr 2015 12:54

REFILE-UPDATE 2-Shell starts gas supplies to Ukraine

(Removes extraneous word "quoted", paragraph 11) KIEV, April 15 (Reuters) - Royal Dutch Shell has begun gas supplies to Ukraine and plans to pump at least 120 to 130 million cubic metres this month, Ukrainian news agency Liga said on Wednesday, quoting a government source. The agency

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15 Apr 2015 11:37

Buhari's Nigeria oil policy to focus on reform first, taxes last

* New administration to root out corruption in NNPC * Foreign oil companies critical of existing tax proposals * Petroleum Industry Bill expected to be passed in parts * Top management to be changed, state oil company split By Julia Payne ABUJA, April 15 (Reuters) -

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15 Apr 2015 08:32

Shell starts natural gas supplies to Ukraine - agency Liga

KIEV, April 15 (Reuters) - Royal Dutch Shell has launched gas supplies to Ukraine and plans to pump at least 120 to 130 million cubic meters this month, Ukrainian news agency Liga said on Wednesday, quoting a government source. The agency said Ukraine was receiving the gas via Slovakia at a

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15 Apr 2015 06:47

Philippines says Shell-operated Malampaya resumes gas deliveries

MANILA, April 15 (Reuters) - The Philippines said that a local unit of Shell had resumed natural gas deliveries from the country's Malampaya field to three major power plants after a month-long shutdown, but energy supply on the main island of Luzon remains tight. The Department of Energy (

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15 Apr 2015 06:22

Norway's oil fund backs more focus on climate change at BP, Shell

OSLO, April 15 (Reuters) - Norway's oil fund, the world's biggest sovereign wealth fund, said on Wednesday it would back a proposal from shareholders of BP and Royal Dutch Shell for further information from the companies on risks and opportunities associated with climate change. The $885 b

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15 Apr 2015 06:18

Statoil board member resigns to avoid conflict of interest

OSLO, April 15 (Reuters) - Statoil board member Catherine Hughes has resigned to avoid potential conflict of interest after "a recent change of circumstances", the company said on Wednesday. The Norwegian company did not elaborate on the circumstances, but business newspaper Dagens Naerings

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15 Apr 2015 03:01

MEDIA-Norway's $880 bln oil fund begins policy of revealing how it votes - FT

-- Source link: (http://on.ft.com/1CYuh2l) -- Note: Reuters has not verified this story and does not vouch for its accuracy

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14 Apr 2015 17:12

Tuesday broker round-up

Marks&Spencer: UBS reiterates buy and lifts target price to 625p from 590p. HSBC: Credit Suisse reiterates underweight stance and Investec its recommendation to sell. Barclays: Credit Suisse reiterates neutral and 250p target. Tesco: Deutsche reiterates buy and 275p target price. Royal Dutch Shel

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14 Apr 2015 16:29

London close: Stocks inch higher as miners gain, but upside limited

Gains from mining stocks kept the FTSE 100 afloat on Tuesday, though investors were showing caution with markets near record highs amid uncertainty in Greece and macro concerns. After swinging between positive and negative territory throughout the day, the Footsie finished the session just 10.96 poi

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14 Apr 2015 14:06

UPDATE 2-Dutch court halts gas production in part of Groningen field

* Court halts gas production around Dutch Loppersum village * Court allows other production at huge Groningen field * Loppersum halt due to earthquake safety concerns * Other Groningen production may make up for Loppersum cuts (Adds quotes, details, background, bylines)

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14 Apr 2015 12:42

RPT-Dutch court does not order production halt at Groningen gas field

By Repeats to more subscribers AMSTERDAM, April 14 (Reuters) - A Dutch high court on Tuesday ordered a temporary halt to gas production at sites around the city of Loppersum for safety reasons. The Council of State said it would not order a complete halt to gas production at the Groni

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14 Apr 2015 12:18

Dutch court does not order production halt at Groningen gas field

AMSTERDAM, April 14 (Reuters) - A Dutch high court on Tuesday ordered a temporary halt to gas production at sites around the city of Loppersum for safety reasons. The Council of State said it would not order a complete halt to gas production at the Groningen gas field, as complainants had s

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