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Oil major Shell was making gains after being given the green light by the US government to restart an exploration campaign in the Alaskan Arctic. Imperial Tobacco rebounded from Tuesday's losses, which were driven by concerns that the Lorrillard-Reynolds merger will fall apart. Banks such as Barcla
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(Adds comments from judge, details) By Toby Sterling THE HAGUE, April 1 (Reuters) - A Dutch judge on Wednesday refused to order a production halt at Europe's biggest gas field, Groningen, where extraction is causing earthquakes, dealing a blow to opponents of government policy.
Read moreUK stocks jumped nearly 1% on Wednesday morning, partly reversing steep losses experienced the previous session, as stimulus hopes in China and an improvement in global manufacturing repaired sentiment. London's FTSE 100 was up 0.98% at 6,839.14 by midday, after dropping 1.7% to 6,773.04 on Tuesday,
Read moreAMSTERDAM, April 1 (Reuters) - A Dutch administrative judge hearing a claim against the state said on Wednesday he will not order the government halt production at Groningen, Europe's largest natural gas field. A ruling is not expected for several weeks, but Judge Thijs Drupsteen said: "I'm
Read moreTHE HAGUE, April 1 (Reuters) - Groups calling for a review of Dutch government plans for production at Groningen, Europe's largest natural gas field, presented their arguments to the country's highest court for administrative matters on Wednesday. Two opposition groups, one of local politic
Read moreOil major Shell has received encouraging news in its bid to tap the US Arctic for hydrocarbons, after the US government approved its holdings off Alaska. Late on Tuesday, the US Interior Department upheld a 2008 lease sale to Shell in the Chukchi Sea off Alaska. Dispute arose, after Shell lost contr
Read more100 senior business leaders have signed an open letter throwing their weight behind the Conservative party ahead of the elections in May, warning that a Labour government would "threaten jobs and deter investment" in the UK, writes The Telegraph. Honda has announced a £200m investment in its factory
Read more(Adds background on when Shell could get full approval) WASHINGTON, March 31 (Reuters) - The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas exploration in the Arctic since it suff
Read moreWASHINGTON, March 31 (Reuters) - The U.S. Department of the Interior on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to the Arctic since it suffered accidents in the region in 2012. "The Arctic is an important component
Read moreNEW YORK, March 30 (Reuters) - Royal Dutch Shell has delayed a planned shutdown of one of two crude units at its 70,000-barrel-per-day refinery in Sarnia, Ontario, from April until September, according to a person familiar with the plant's operations. The 35,000-bpd crude unit was schedule
Read moreBy Nidhi Verma NEW DELHI, March 30 (Reuters) - India has rejected a request from BP Plc to be allowed to sell jet fuel to the booming aviation market in Asia's No. 3 economy, saying it did not meet the conditions necessary, a source with direct knowledge of the decision told Reuters.
Read more(Updates to close) SYDNEY, March 30 (Reuters) - Australian shares fell sharply on Monday as resources stocks followed oil and metals prices lower, while Caltex Australia's stock slumped as U.S. energy giant Chevron Corp sold its entire stake at a discounted price. Chevron's $3.7 billi
Read moreLONDON, March 27 (Reuters) - Trade unions Unite and GMB said members working offshore in Britain's oil and gas industry had shown overwhelming support for industrial action over proposed changes to their terms and conditions in a consultative ballot which closed on Friday. Unite's members c
Read moreMarch 27 () - Trade unions Unite and GMB said members working offshore in Britain's North Sea oil and gas industry had shown overwhelming support for industrial action in a consultative ballot which closed at 1200 GMT on Friday. Unite's members covered by the Offshore Contractors' Agreement
Read moreLONDON, March 27 (Reuters) - Royal Dutch Shell is moving oil rigs to Alaska ahead of the possible resumption of controversial drilling activities as the oil major awaits the green light from U.S. authorities. The Anglo-Dutch oil major hopes to revive its Arctic drilling programme two years
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