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23 Jun 2014 12:01

RPT-COLUMN-Can we really do without coal? Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own. Repeats column with no changes to text.) By John Kemp LONDON, June 23 (Reuters) - Two-thirds of the world's already discovered reserves of oil, coal and natural gas must remain unburned if the rise in average glo

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23 Jun 2014 11:11

UPDATE 1-ExxonMobil in talks with Turkey over shale gas exploration

(Updates with more quotes) By Orhan Coskun ANKARA, June 23 (Reuters) - U.S. oil firm ExxonMobil is in talks with state-run Turkish Petroleum Corporation over a venture to explore for shale gas in the country's southeast and northwest regions, a Turkish energy official said. Exx

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23 Jun 2014 02:01

COLUMN-Can we really do without coal? Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON, June 23 (Reuters) - Two-thirds of the world's already discovered reserves of oil, coal and natural gas must remain unburned if the rise in average global temperatures is to be limited to 2 de

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21 Jun 2014 08:32

CORRECTED-UPDATE 2-Shell offers 30 mln stg to settle Nigeria oil spills

(Corrects number of claimants in paragraph 2, clarifies size of spills in paragraph 3) * Claimants reject compensation offer * Trial planned for 2015 By Ron Bousso LONDON, June 20 (Reuters) - Royal Dutch Shell is ready to pay up to 30 million pounds ($51 million) in compen

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20 Jun 2014 21:05

CORRECTED-Shell offers 30 mln stg to settle Nigeria oil spills

(Removes reference to 2011 in headline and reference to court case being in Nigeria in paragraph 5) LONDON, June 20 (Reuters) - Royal Dutch Shell is ready to pay up to 30 million pounds ($51 million) in compensation for two oil spills in Nigeria in 2008 after a London court rejected a large

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20 Jun 2014 17:09

Shell offers compensation for Nigeria oil spill

Royal Dutch Shell has offered to pay up to £30m in compensation for two oil spills in Nigeria in 2008. The oil company's offer comes after a London court rejected a claim of £300m by around 11,000 residents of the Bodo community in the Niger Delta. The residents, represented by law firm Leigh Day

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20 Jun 2014 08:15

Friday tips round-up: Shell, Micro Focus International

Shares of oil major Shell are running near the top end of their recent trading range. Nevertheless, they are still attractive, according to The Times' Tempus column. The company is fully on track to meet its goal to divest $15bn in assets this year. In fact, just this week it announced its intenti

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19 Jun 2014 10:24

Germany's VNG buys Chevron's stake in Norwegian oilfield

OSLO, June 19 (Reuters) - German energy firm VNG has agreed to buy U.S. oil firm Chevron's 7.56-percent stake in the Draugen field off Norway, it said on Thursday. VNG did not say how much the deal was worth. Royal Dutch Shell is the field's operator with a stake of 44.56 percent. No

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19 Jun 2014 00:59

PHILIPPINES PRESS-Pilipinas Shell eyes IPO this year-Malaya

Pilipinas Shell Petroleum Corp, the Philipine unit of Royal Dutch Shell PLC, plans to list its shares on Manila's exchange within the year to help raise funds for the upgrade of its refinery in Batangas province, south of the capital, Manila, its president said, the Malaya Business Insight Newspa

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18 Jun 2014 15:49

UPDATE 2-Shell launches U.S. pipeline IPO

* Shell Midstream Partners LP files to raise up to $750 million * Intends to list units on NYSE under the symbol "SHLX" * Offering expected in the second half of this year (Adds details on MLP assets, background) By Swetha Gopinath June 18 (Reuters) - Royal Dutch Shell P

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18 Jun 2014 15:42

UPDATE 2-Barclays says energy E&P spending to rise 6 pct this year

(Adds Iraq details) June 18 (Reuters) - Oil and gas companies will increase exploration and production (E&P) spending by 6 percent to $712 billion this year, despite a slight pullback in spending by industry majors, Barclays said. Spending by major oil companies is expected to remain

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18 Jun 2014 15:24

FTSE 100 movers: Shire continues to soar on potential bids

Shire's shares have spiked higher on rumours that Allergan could bid for the company in an effort to fend off a hostile takeover attempt by Valeant Pharmaceuticals. Bloomberg cited an analyst at SunTrust Robinson Humphrey who said that a bid is "imminent" and "makes strategic sense" for the US compa

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18 Jun 2014 13:56

Sector movers: Crude prices, corporate deals push oil stocks higher

Rising crude prices and deal activity pushed stocks in the oil and gas sector higher on Wednesday. Brent crude prices were up a further 0.1% at $133.58 a barrel today, extending recent gains, as markets reacted to the latest geopolitical developments in Iraq. Islamist-led militants have attacked Ir

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18 Jun 2014 12:30

Shell to float Midstream Partners subsidiary on NYSE

Royal Dutch Shell has announced plans for the initial public offering (IPO) of Shell Midstream Partners, one of its wholly-owned subsidiaries. The business, which will be listed on the New York Stock Exchange under the ticker symbol SHLX, was initially formed as a vehicle to own, operate, develop

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18 Jun 2014 11:48

London midday: Oil stocks lead markets higher ahead of FOMC

- FOMC meeting to keep traders cautious - Iraq tensions escalate as rebels attack refinery - BoE in focus amid rate-hike speculation techMARK 2,800.97 +0.23% FTSE 100 6,795.76 +0.43% FTSE 250 15,610.03 +0.16% UK equities rose on Wednesday ahead of a policy decision at the Federal Open Market Commi

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