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Overnight Shell Midstream Partners, the master limited partnership created by Royal Dutch Shell, priced its US initial public offering (IPO) above the marketed range. The company had been aiming to sell 37.5m units at a price of between $19 to $21 a piece. In the event, the firm sold 40m shares at a
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(Adds details) Oct 28 (Reuters) - Shell Midstream Partners LP
Oct 28 (Reuters) - Shell Midstream Partners LP
* FTC closed probe into BP with no charges or fines * Other regulators still investigating (Adds comment from Platts in 8th paragraph) By Ron Bousso and Barbara Lewis LONDON/BRUSSELS, Oct 28 (Reuters) - Oil majors BP and Statoil said the U.S. Federal Trade Commission (FTC) w
Read moreOSLO, Oct 28 (Reuters) - Norway's Statoil was told by the U.S. Federal Trade Commission that it was closing a probe into anticompetitive practices in oil price reporting and assessment, it said on Tuesday. The announcement comes after a similar statement from BP . "We have received th
Read moreRIO DE JANEIRO, Oct 27 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it found "good quality" oil in an exploration well in the giant Libra prospect, off the coast of Rio de Janeiro state. The well is the first drilled by the Petrobras-led consortium which
Read more* Debate over oil shale deposits in central Israel * Genie looks to Mongolia to prove technique for Israel * Company supporters include Murdoch, Rothschild, Cheney By Ari Rabinovitch JERUSALEM, Oct 27 (Reuters) - U.S.-based Genie Energy could turn to the courts or even Mo
Read moreNEW YORK, Oct 26 (Reuters) - A steep sell-off in energy company stocks in recent months due to falling oil prices may be overdone and there are some potential bargains to be had, Barron's financial newspaper said in its latest edition on Sunday. Oil prices have fallen 25 percent since June,
Read moreHOUSTON, Oct 24 (Reuters) - The 70,000 barrel per day (bpd) gasoline-producing fluidic catalytic cracking unit has returned to normal operation at Royal Dutch Shell Plc's 327,000 bpd joint-venture refinery in Deer Park, Texas, said sources familiar with operations at the refinery. The FCCU
Read more* Somalia says oil exploration key to country's future * U.N. investigators say oil contracts lack transparency * Oil deals from two decades ago on hold due to war By Drazen Jorgic and Louis Charbonneau NAIROBI/UNITED NATIONS, Oct 24 (Reuters) - Somalia said it was reviewi
Read moreRecent falls in the share price of Royal Dutch Shell mean that the oil major is now worth a 'buy', according to UBS which removed its 'neutral' rating on the stock on Friday. "We contend that the sell-off of in energy shares has been fairly indiscriminate and provides an attractive entry point for a
Read moreRecent falls in the share price of Royal Dutch Shell mean that the oil major is now worth a 'buy', according to UBS which removed its 'neutral' rating on the stock on Friday. The bank has upgraded its recommendation but left its 2,450p target price unchanged. Shell's stock is now trading close to l
Read moreSINGAPORE, Oct 23 (Reuters) - Jordan Petroleum Refinery Co bought 3.75 million barrels of gasoil for delivery over November to February, from Royal Dutch Shell, traders said on Thursday. Shell International Trading Middle East, a trading arm of Shell, was awarded the tender at a premium of
Read moreAmino Technologies: N+1 Singer moves target price from 93p to 107p upgrading to buy. Anglo American: Liberum Capital reduces target price from 1300p to 1200p retaining its sell recommendation. ARM Holdings: UBS moves target price from 970p to 980p upgrading from neutral to buy. Deutsche Bank cuts t
Read moreOil & gas major Royal Dutch Shell has announced a "substantial" gas strike off the coast of west Africa at a majority-owned well. Shell said its Leopard-1 about 90 miles off the Gabonese coast well found a substantial gas column with around 200 metres of net gas pay in a pre-salt reservoir. Shell a
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