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A late rally helped the FTSE 100 to erase most of its losses on Wednesday as optimism surrounding Greece and stimulus measures in China lifted sentiment, though stocks still finished in the red after hitting a five-month high the previous day. London's Footsie ended the session down 0.2% at 6,860.02
Read moreStocks declined on Wednesday as London's FTSE 100 retreated from a five-month high, though losses were trimmed slightly after China took measures to stimulate its economy. The People's Bank of China trimmed the banks' reserve requirement ratio by 50 basis points to 19.5%, the first such cut since Ma
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* Strike affects 10 percent of U.S. refining capapacity * Most plants operating near normally with non-union labor * Strike has boosted gasoline futures prices By Erwin Seba HOUSTON, Feb 4 (Reuters) - Negotiations will resume on Wednesday between Royal Dutch Shell Plc and
Read more* Norwegian gas exports total 336 mcm/day * Flows to Britain fall by 14 mcm/day OSLO, Feb 4 (Reuters) - Norway's natural gas exports to Britain fell on Wednesday as new outages kept the country's production below maximum levels and more gas was being rerouted to the continental Europe, d
Read moreTalks between Royal Dutch Shell and US refineries have resumed with unions threatening further walkouts if the bargaining continues to be unsuccessful. The United Steelworkers union (USW), which represents workers at 65 US refineries, called a work stoppage at nine oil plants on Sunday after Shell "
Read more(Adds comments from both sides) By Erwin Seba HOUSTON, Feb 3 (Reuters) - Negotiations were getting underway late on Tuesday between Royal Dutch Shell Plc and union leaders over a new wage contract for U.S. refinery workers who have been on strike for three days, both sides said. <
Read more(Adds comment from executives at oil companies) By Erwin Seba HOUSTON, Feb 3 (Reuters) - At tense meetings just days before the first major U.S. refinery strike in 35 years was called on Sunday, union leaders grew increasingly pessimistic about getting a new labor contract and a sizab
Read moreStrong gains in the oil sector pushed UK stocks to their highest in five months on Tuesday, helped by an easing of concerns about Greece. The FTSE 100 finished 1.3% higher at 6,872, its best close since 4 September when it settled at 6,878. The new government in Greece has proposed swapping its out
Read more(Removes extraneous word in lead paragraph) By Erwin Seba HOUSTON, Feb 3 (Reuters) - A strike by U.S. refinery workers entered a third day on Tuesday as contact resumed between the lead industry negotiator, Royal Dutch Shell Plc, and union leaders over a new nationwide wage deal, the
Read moreBy Erwin Seba HOUSTON, Feb 3 (Reuters) - At tense meetings just days before the first major U.S. refinery strike in 35 years was called on Sunday, union leaders grew increasingly pessimistic about getting a new labor contract and a sizable wage increase. "The chances of there being an
Read more* Norwegian gas exports total 333 mcm/day * Flows to Britain surge by 31 mcm/day OSLO, Feb 3 (Reuters) - Norway's natural gas exports to Britain surged on Tuesday after an outage ended at Kollsnes, the country's biggest gas processing plant, data from gas system operator Gassco showed.
Read more* FY op profit down 14 percent to $6.5 billion * Net earnings down 8 percent to $4 billion * To reduce capital expenditure to between $6 bln and $7 bln * Shares down 0.9 percent after rising to two-month high (Adds details, analysts' views, updates share price) By Karoli
Read more(Adds USW statement) By Erwin Seba HOUSTON, Feb 2 (Reuters) - Royal Dutch Shell Plc negotiators met on Monday with the union representing workers at U.S. refineries as a strike stretches into a third day after talks on a new national contract broke down. A United Steelworkers s
Read moreHOUSTON, Feb 2 (Reuters) - Royal Dutch Shell Plc said it had resumed communication with the United Steelworkers union (USW) over a contract for refinery workers, as a strike by employees at seven refineries and two plants completed a second day. "Representatives from Shell and the United
Read moreLONDON, Feb 3 (Reuters) - Oil company Shell intends to start a 10-year process to dismantle and remove one of Britain's oldest and biggest oil platforms, Brent Delta, the company said on Tuesday. Britain's North Sea basin is one of the most mature oil and gas production areas in the world a
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