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4 Jul 2014 16:07

UPDATE 1-Italy prosecutors open probe into Eni on Nigeria oil block deal

(Adds detail, comments) MILAN, July 4 (Reuters) - Italian prosecutors have opened a probe into alleged corruption relating to the 2011 acquisition of a big oil field in Nigeria by Italian oil group Eni and Shell, judicial sources with direct knowledge of the matter said on Friday. Th

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4 Jul 2014 11:57

Eni says Milan prosecutors open probe into Nigeria oil block deal

MILAN, July 4 (Reuters) - Italian oil and gas group Eni said on Friday it had received notice that Milan prosecutors had opened a probe into its acquisition, together with Shell, of a big oil field in Nigeria. "Eni declares the absolute properness of its handling of the dealings in questio

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3 Jul 2014 16:59

London close: FTSE lifted by US jobs and ECB meeting

- FTSE 100 closes up 48.84 points at 6,865.21 - Non-farm payrolls provide reassurance - ECB maintains policy techMARK 2,852.06 +0.69% FTSE 100 6,865.21 +0.72% FTSE 250 16,028.96 +0.83% Stocks climbed to a positive finish after making fairly steady gains throughout what was a session packed full w

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3 Jul 2014 15:22

FTSE 100 movers: Sports Direct leads rises

Sports apparel retailer Sports Direct was also rising strongly after shareholders yesterday narrowly voted through a bonus scheme that will see founder Mike Ashley receive £200m in shares. Antofagasta was boosted by reports that the group is to cut jobs and costs as it combines its El Tesoro and Es

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2 Jul 2014 22:26

CANADA CRUDE-Cash crude gap narrows as new trade cycle gets under way

By Nia Williams CALGARY, Alberta, July 2 (Reuters) - Canadian cash crude differentials narrowed on Wednesday, the first day of the new monthly trade cycle, and looked likely to remain supported while strong refinery utilization rates in the United States and Canada continue. Western

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2 Jul 2014 14:09

Nigerian naira eases marginally against U.S. dollar

LAGOS, July 2 (Reuters) - Nigeria's naira eased marginally against the U.S. currency on Wednesday after strong demand for the greenback countered the effect of dollar sales by some oil companies, dealers said. The naira was 162.90 against the dollar at the close of trade, compared with 162.

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1 Jul 2014 15:14

Greece promises tax cut to attract oil and gas majors

* Greece plans to cut tax for oil/gas firms to 25 pct from 40 pct * Wants them to help exploit offshore hydrocarbon resources * Announces tender of first oil exploration licences LONDON, July 1 (Reuters) - Greece is planning to cut tax rates for oil and gas companies as it wants

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1 Jul 2014 11:45

New infrastructure players to help UK North Sea in twilight years

* Pipelines, processing plants, terminals sought * Pension funds interested in non-operating stakes * Oil majors need to unbundle assets for quick sale By Claire Milhench LONDON, July 1 (Reuters) - The ageing oil and gas network of the UK North Sea is seeing a welcome rise

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1 Jul 2014 01:21

UPDATE 1-Motiva completes Port Arthur hydrotreater, CDU work -sources

(Adds Motiva declines to comment in paragraph 4, background in paragraphs 5-6) HOUSTON, June 30 (Reuters) - Motiva Enterprises completed planned maintenance on hydrotreaters and repairs on a 200,000 barrel-per-day (bpd) crude distillation unit late last week at its 600,000-bpd Port Arthur,

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30 Jun 2014 14:38

Nigerian naira unchanged on oil company's dollar sale

LAGOS, June 30 (Reuters) - The Nigerian currency was unchanged at 162.90 naira to the dollar at Monday's market close, supported by dollar sales from the local unit of Royal Dutch Shell. The naira had initially eased to 163.05 against the U.S. dollar, dealers said, but recovered after Shell

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27 Jun 2014 09:29

German-Dutch RMR pipeline hit by possible theft -officials

AMSTERDAM, June 27 (Reuters) - A section of a petroleum pipeline between Germany and the Netherlands has been closed during an investigation of suspected theft, German police and company officials said on Friday. The 583-km Rhein-Main-Rohrleitungstransportgesellschaft (RMR) pipeline transpo

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26 Jun 2014 09:24

Denmark cuts 5-year view for oil and gas production

COPENHAGEN, June 26 (Reuters) - The Danish Energy Agency (DEA) on Thursday cut its outlook for the country's oil and gas production over the next five years. The agency said it expected oil production next year to be 9.5 million cubic metres, lowering its of estimate of 9.9 million given in

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25 Jun 2014 18:32

FEATURE-Crime-ridden state poses acid test for Mexican oil reform

By Dave Graham TAMPICO, Mexico, June 25 (Reuters) - During Mexico's first oil boom, Tampico was such a magnet for foreign capital that it became the biggest oil-exporting port in the Americas and home to grandiose architecture that inspired comparisons to Venice and New Orleans. A cen

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25 Jun 2014 11:30

London midday: Iraq concerns push stocks lower ahead of US data

- FTSE 100 on track to close at two-month low - Iraq situation worsens, Ukraine still in focus - Bunzl disappoints with trading update - Oil stocks fall, real estate gains techMARK 2,794.32 -0.53% FTSE 100 6,744.97 -0.62% FTSE 250 15,458.96 -0.57% UK stocks were firmly in the red on Wednesday as o

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25 Jun 2014 08:32

London open: UK stocks near two-month low as Iraq fighting escalates

- Syria carries out airstrikes in Iraq - Ukraine in focus as West considers more sanctions against Russia - US GDP to be revised lower techMARK 2,796.66 -0.44% FTSE 100 6,747.40 -0.58% FTSE 250 15,499.81 -0.30% UK stocks dropped sharply on Wednesday morning with the FTSE 100 trading at levels not

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