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11 Nov 2014 13:04

UPDATE 1-Shell to maintain asset sales target despite oil price fall

* Drop in prices will not affect exploration portfolio -Brown * Shell targets $15 billion of asset sales in 2014-2015 (Adds quotes, background, shares) By Rania El Gamal ABU DHABI, Nov 11 (Reuters) - Royal Dutch Shell will not increase its target to sell $15 billion of assets

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11 Nov 2014 12:12

Top Shell European diesel trader moves to Vitol -sources

LONDON, Nov 11 (Reuters) - The head of Royal Dutch Shell's middle distillates trading desk in Europe has recently moved to the world's largest oil trader Vitol, industry sources said. Matt Stacey, Shell Trading's European regional team leader for middle distillates, left the company's Lond

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11 Nov 2014 11:54

Shell to maintain asset sales target despite oil price decline

ABU DHABI, Nov 11 (Reuters) - Royal Dutch Shell will maintain its target to sell $15 billion of assets by 2015 in an effort to boost cash flow, the oil company's upstream director Andrew Brown said on Tuesday. Global oil prices have dropped by around 30 percent over the past four months, p

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11 Nov 2014 11:34

London midday: Vodafone leads UK markets higher, but resource stocks weigh

Strong gains from Vodafone and a string of property companies pushed UK shares into positive territory on Tuesday, though weakness in the resource sectors was limiting upside as the stock market fluctuated at a six-week high. The FTSE 100 was up just 0.1% at 6,618 by midday, having pulled back sligh

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10 Nov 2014 22:33

Norway's gas output cut by 9.3 mcm/day due to Gjoea field outage

OSLO, Nov 10 (Reuters) - Norway's gas output was reduced by 9.3 million cubic metres (mcm) per day on Monday due to compressor problems at the offshore Gjoea gas field and it was unknown how long the outage would last, the country's gas system operator Gassco said. The outage is affecting N

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10 Nov 2014 15:34

Monday broker round-up

RBS: Nomura reiterates reduce but lifts target price to 370p from 360p. IAG: Liberum reiterates buy, maintaining 550p target. Royal Dutch Shell: JP Morgan reiterates overweight stance but cuts target to 2,500p from 2,700p. Aveva: Westhouse Securities reiterates add and its target price of 1,780p.

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10 Nov 2014 14:14

JPMorgan cuts targets for BP and Shell, not 'too late' to sell

JPMorgan Cazenove has downgraded its rating for BP and slashed its target prices for the oil major along with sector peer Shell after cutting its forecasts for crude prices over the next three years. The bank has lowered BP from 'overweight' to 'neutral', cutting its target price from 575p to 500p.

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7 Nov 2014 22:34

UPDATE 1-Shell shuts unit after release at Deer Park chemical plant

(Adds chemical plant as the incident/unit location) Nov 7 (Reuters) - Royal Dutch Shell Plc : * Shell says "at approximately 1 pm on November 7, 2014, the Shell Deer Park manufacturing site experienced a release of hydrocarbon material at its chemical plant * Shell says the affe

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7 Nov 2014 21:00

UPDATE 2-Shell says LNG Canada project to cost up to C$40 billion

(Adds detail and comment in paragraphs three through seven) By Scott Haggett CALGARY, Alberta, Nov 7 (Reuters) - Royal Dutch Shell Plc , the lead partner in the consortium planning the LNG Canada facility on British Columbia's northern coast, said on Friday the project to liquefy natu

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7 Nov 2014 18:02

CORRECTED-Shell says LNG Canada project could cost up to C$40 billion

(Changes name of project to LNG Canada in headline and story) CALGARY, Alberta, Nov 7 (Reuters) - Royal Dutch Shell Plc , the lead partner in the LNG Canada project planned for British Columbia's northern coast, expects the liquefied natural gas facility to cost as much as C$40 billion ($35

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7 Nov 2014 18:02

CORRECTED-Shell files environmental assessment for LNG Canada project

(Correct name of project to LNG Canada in headline and story) CALGARY, Alberta, Nov 7 (Reuters) - Royal Dutch Shell Plc , the lead partner in the consortium planning the LNG Canada project on British Columbia's northern coast, said on Friday it has filed for an environmental assessment cert

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7 Nov 2014 17:11

London close: Miners lead shares higher on gold price rise

Miners and oil stocks led the London market modestly higher on Friday as gold and oil prices jumped on a weaker dollar and German trade data improved. Silver miner Fresnillo gleamed 34.5p to 734p and Randgold Resources glittered 58p to 4132p as gold prices rose about 2% and a barrel of US crude boun

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7 Nov 2014 09:44

Friday broker round-up UPDATE

AstraZeneca: Deutsche Bank increases target price from 4100p to 4350p and reiterates its hold recommendation. AVEVA: Societe Generale reduces target price from 2250p to 2000p, while keeping its buy recommendation. Big Yellow Group: Citi raises target price from 470p to 540p and maintains its neutra

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6 Nov 2014 07:57

UPDATE 2-Australia's Woodside opens door to resolving E.Timor gas dispute

(Adds CEO, Timor expert comments) By Aaron Sheldrick TOKYO, Nov 6 (Reuters) - Australia's Woodside Petroleum is in talks with East Timor on building an onshore gas plant, potentially removing one of the major barriers to developing gas fields that could provide billions of dollars to

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5 Nov 2014 17:09

Shell plans April shutdown of crude unit at Sarnia refinery

By Jarrett Renshaw NEW YORK, Nov 5 (Reuters) - Royal Dutch Shell plans to shut one of two crude units at its 70,000-barrel-per-day refinery for 45 days in April, a person familiar with the operations said. The 35,000-bpd crude unit is being shut down in order to replace the desalter,

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