RDSA.L Share News (RDSA)

Oil price bloodbath to spark energy sector buying spree

* Cash-rich majors the most likely buyers * M&A flurry expected once oil prices stabilise By Ron Bousso LONDON, Dec 19 (Reuters) - Large oil companies flush with cash are expected to seize on the recent collapse in oil prices to begin a shopping spree for smaller rivals, focusin

BUZZ-Holding onto oil stocks - Allianz GI, Coutts

** Oil stocks, left reeling by the brutal crude price drop over past 6 mths, are worth keeping, say fund managers at Allianz Global Investors & Coutts ** Contrarian view; earnings revisions for oil sector towards lowest since late 2008 Chart: http://link.reuters.com/raw63w ** Ma

UPDATE 1-Former Shell head Voser returns to ABB as chairman

* ABB nominates ex-Royal Dutch Shell boss as chairman * Current chairman von Gruenberg has decided to step down * Shares up 2.4 pct, outperform sector (Adds detail, market reaction, analyst comment) ZURICH, Dec 18 (Reuters) - Swiss engineer ABB has named former Royal Dutch She

Shell sells parts of Norwegian downstream business to Finland's ST1

LONDON, Dec 18 (Reuters) - Oil major Shell said on Thursday it had sold parts of its Norwegian downstream business to Finnish fuel firm ST1 for an undisclosed sum, further divesting parts of its downstream activities. ST1 will take over Shell's Norwegian retail, commercial fuels and supply

Shell says resumes Nigeria EA oil production

JOHANNESBURG, Dec 18 (Reuters) - Royal Dutch Shell said on Thursday it had resumed production of Nigerian EA crude oil and lifted its force majeure on the grade after completing repairs to a mooring platform. Shell shut down output on June 12 after weather damage to its platform, the compa

EU lawmakers fail to approve tar sands oil veto

* Committee of politicians vetoed the plan previously * Canada welcomes decision By Barbara Lewis BRUSSELS, Dec 17 (Reuters) - An attempt by some European politicians to veto the import of tar sands oil failed on Wednesday after a European Parliament vote, giving a boost to Cana

London midday: UK stocks back in the red ahead of Fed meeting

UK stocks were back in the red on Wednesday after their first gain in seven days the previous session, with investors scaling back risk appetite ahead of a number of risk events. Along with a host of economic data due out during the session, markets were keeping an eye out for minutes for the latest

BUZZ-Oil stocks decouple from falling crude

** Short-covering squeezing oil stocks higher despite more sharp falls for crude, according to two London-based traders ** Shell most-traded on FTSE 100 by average volume, rising 2.2 pct as Brent crude falls 2.8 pct ** BG Group, Tullow, Ophir, TGS and Petrofac all up between 1.3 to 2

London open: UK stocks extend slide as Chinese data disappoints

Yet more disappointing economic data from China pushed UK stocks lower for the seventh straight session on Tuesday, with markets extending losses despite plunging to an 18-month low the previous session. Not even the news that the Bank of England (BoE) has given a clean bill of health to seven out o

Australia's Woodside postpones decision on Browse LNG project

SYDNEY, Dec 16 (Reuters) - Woodside Petroleum Ltd said on Tuesday it was postponing an investment decision on whether to proceed with development of the Browse floating liquefied natural gas project off the coast of Australia due to low oil prices. Australia's top oil and gas producer had

UPDATE 1-U.S. court dismisses Colombian human rights claims against Occidental

(Adds reaction from lawyer for the families) By Lawrence Hurley WASHINGTON, Dec 15 (Reuters) - A U.S. federal appeals court on Monday threw out a human rights lawsuit brought against Occidental Petroleum Corp over allegations that it played a role in killings carried out by the Colom

U.S. court dismisses Colombian human rights claims against Occidental

By Lawrence Hurley WASHINGTON, Dec 15 (Reuters) - A U.S. federal appeals court on Monday threw out a human rights lawsuit brought against Occidental Petroleum Corp over allegations that it played a role in killings carried out by the Colombian military in 2004. A three-judge panel of

BUZZ-View from the buyside: Vodafone a good divi play-Aviva Inv.

** Investors using Shell as a "lazy holiday" to get divis might instead look to Vodafone as energy cos position for lower oil prices, says Chris Murphy, manager of Aviva Investors UK Equity Income Fund ** Brent crude close to $60/barrel will impact oil majors' cashflow, creating uncertainty

BUZZ-Oil stocks lead FTSE higher

RPT-INSIGHT-U.S. corporations winning fight over human rights lawsuits

(Repeats with no changes to text, headline) By Lawrence Hurley WASHINGTON, Dec 12 (Reuters) - A landmark U.S. Supreme Court decision in 2013 that made it all but impossible to sue foreign companies in U.S. courts for alleged roles in overseas human rights abuses is proving to be a boo