Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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24 Jan 2015 07:00

RPT-Oil majors to preserve dividends despite oil collapse, tap debt

(Repeats Jan. 23 item) By Ron Bousso and Dmitry Zhdannikov LONDON/DAVOS, Jan 23 (Reuters) - Europe's oil majors will strike a sober note in their fourth-quarter results and investors will focus on companies' plans to maintain cherished dividends and their strategies to cope with the o

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23 Jan 2015 16:46

Oil majors to preserve dividends despite oil collapse, tap debt

By Ron Bousso and Dmitry Zhdannikov LONDON/DAVOS, Jan 23 (Reuters) - Europe's oil majors will strike a sober note in their fourth-quarter results and investors will focus on companies' plans to maintain cherished dividends and their strategies to cope with the oil prices collapse that caugh

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23 Jan 2015 09:34

Total sells UAE Das crude at highest premium since July -trade

SINGAPORE, Jan 23 (Reuters) - Total sold Das crude from the United Arab Emirates on Friday at $1 a barrel above its official selling price, traders said. This is the highest premium recorded for the Abu Dhabi grade since it started trading in July last year, Reuters data showed. Total

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22 Jan 2015 15:30

Oil majors seek to claw back costs from service firms

* Years of cost overruns and delays * Oil price plunge adds urgency to the move * ENI says industry needs in-house engineering again By Dmitry Zhdannikov DAVOS, Switzerland, Jan 22 (Reuters) - Global oil majors say they are demanding cheaper but better services from engine

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21 Jan 2015 16:05

UPDATE 1-Traders book oil tankers to store 40 mln barrels at sea - sources

(Adds comments, details) By Jonathan Saul and David Sheppard LONDON, Jan 21 (Reuters) - Oil traders have booked up to 20 tankers to store an estimated 40 million barrels of crude at sea, rising from 25 million barrels last week, as they soak up a stocks glut in anticipation of future

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20 Jan 2015 19:34

Brazil's HRT says to buy Shell's stake in Campos areas

BRASILIA, Jan 20 (Reuters) - Brazilian oil and gas company HRT has reached an agreement to buy Royal-Dutch Shell assets in the Campos Basin for an undisclosed sum, the company said in a statement on Tuesday. HRT said it would acquire Shell's 80 percent stake in the Bijupira and Salema area

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20 Jan 2015 17:32

UPDATE 2-Two Nigerian oil pipelines shut down due to leaks

(Adds details on Forcados, Nembe Creek and section of Trans Escravos shut down, no immediate comment from Seplat) By Julia Payne and Libby George ABUJA/LONDON, Jan 20 (Reuters) - Nigeria's Trans Forcados oil and gas pipeline and related production as well as Shell's Nembe Creek line,

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20 Jan 2015 12:13

Nigeria's Nembe Creek pipe carrying Bonny Light oil shut down

ABUJA, Jan 20 (Reuters) - Nigeria's Nembe Creek pipeline carrying the Bonny Light crude oil grade for exports was shut down on Jan 17 due a leak, which is still being investigated, a spokeswomen for Shell said on Monday. Shell said its Nigerian joint venture SPDC would also remove five oil

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19 Jan 2015 23:09

UPDATE 1-Brazil's HRT to buy stake in Shell's Campos fields -source

(Adds background, output details) By Marta Nogueira RIO DE JANEIRO, Jan 19 (Reuters) - Brazilian oil and gas company HRT Participacoes SA reached an agreement to buy offshore assets of Royal Dutch Shell Plc in the Campos Basin, a source with knowledge of the deal said on Monday. Read more

19 Jan 2015 21:02

Brazil's HRT to buy stake in Shell's Campos prospects- source

RIO DE JANEIRO, Jan 19 (Reuters) - Brazilian oil and gas company HRT has reached an agreement to buy a stake in Royal-Dutch Shell assets in the Campos Basin, a source with knowledge of the deal said on Monday. Further details of the agreement are expected to be published by HRT on the CVM,

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18 Jan 2015 18:44

Sunday share tips: Mitie, UK Mail, Vodafone

Mitie's shares have fallen but not as fast as those of outsourcing rivals such as Serco and Balfour Beatty, Danny Fortson pointed out in the Sunday Times. Matthew Earl, a former City analyst who writes a blog, criticised Mitie for buying companies to compensate for its own slow progress and for the

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16 Jan 2015 19:40

UPDATE 1-No start date set for Motiva Port Arthur CDU overhaul -sources

(Adds details, background) HOUSTON, Jan 16 (Reuters) - No start date has been set for a planned overhaul of the second-largest crude distillation unit at Motiva Enterprises' 600,250 barrel per day refinery in Port Arthur, Texas, said sources familiar with the company's plans. The star

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16 Jan 2015 19:29

No start date set for Motiva Port Arthur CDU overhaul -sources

HOUSTON, Jan 16 (Reuters) - No start date has been set for a planned overhaul of the second-largest crude distillation unit at Motiva Enterprises' 600,250 barrel per day (bpd) refinery in Port Arthur, Texas, said sources familiar with the company's plans. The start of the planned 45-day ove

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16 Jan 2015 17:23

UPDATE 1-South Africa's Zuma asks parliament to reconsider mineral bill

(Adds quotation, background) JOHANNESBURG, Jan 16 (Reuters) - South African President Jacob Zuma has asked parliament to reconsider a bill giving the state a free 20 percent stake in gas and oil ventures, believing it might not survive a potential challenge that it is unconstitutional, the

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16 Jan 2015 15:51

BUZZ-Oil producers: Stocks gain as oil prices near $50/barrel

** Oil and gas producers' shares up as Brent oil inches towards $50 per barrel after the West's energy watchdog forecast the market sell-off would end ** U.S.-listed shares of BP Plc up 4.6 pct, of Total SA up 2 pct, of Eni SpA up 2.2 pct ** U.S.-listed shares of Royal Dutch Shell Pl

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