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- Stocks down ahead of Fed meeting next week - FTSE 100 hits fresh two-month low - RSA plummets after profit warning, CEO exit - ARM gains on Google hopes techMARK 2,663.70 +0.42% FTSE 100 6,439.96 -0.08% FTSE 250 15,233.46 +0.14% UK stocks finished broadly flat on Friday after a quiet session as
13 Dec 13 16:47- Taper speculation picks up after budget deal - RSA drops on profit warning, CEO exit - FTSE 100 rebounds from two-month low techMARK 2,662.49 +0.37% FTSE 100 6,457.75 +0.19% FTSE 250 15,251.18 +0.26% The FTSE 100 snapped three straight days of losses on Friday morning but was trading within a na
13 Dec 13 11:15HOUSTON, Dec 12 (Reuters) - Gasoline retreated in the Los Angeles wholesale market on Thursday as a refinery stopped venting coming from a storage tank, traders said. December-delivery CARBOB gasoline fell 3.5 cents a gallon to 10.5 cents a gallon under January NYMEX RBOB gasoline in L.A.</
12 Dec 13 22:47LOS ANGELES, Dec 12 (Reuters) - Chevron Corp raised the cost of its giant Gorgon liquefied natural gas (LNG) project in Australia by $2 billion on Wednesday, the second increase in just over a year to take the total cost to $54 billion. The cost increase at Gorgon was part of a jump in Chev
12 Dec 13 01:40Dec 11 (Reuters) - Chevron Corp plans to spend $39.8 billion on projects and exploration in 2014, the second-largest U.S. oil company said on Wednesday, as it finishes work on huge developments in Australia and the Gulf of Mexico. Investors are putting increased pressure on the world's bigg
11 Dec 13 22:44Dec 11 (Reuters) - Chevron Corp, the second-largest U.S. oil company, said it plans to spend $39.8 billion on projects and exploration in 2014, about 5 percent below the expected 2013 spending. Investors are putting increased pressure on the world's biggest oil companies to rein in spending
11 Dec 13 22:33ABUJA, Dec 11 (Reuters) - Nigeria's Senate launched an investigation on Wednesday into a letter written by the central bank (CBN) which said that the state-oil firm NNPC failed to pay $50 billion of revenue from oil sales into government accounts. NNPC earned $65.3 billion from crude oil sa
11 Dec 13 17:29(Adds quotes, details) HOUSTON, Dec 11 (Reuters) - Royal Dutch Shell said on Wednesday that the reversed Houston-to-Houma pipeline was being filled with crude in anticipation of a mid-December startup to ship a glut of light sweet oil from Texas to Louisiana. The line is operational a
11 Dec 13 17:26HOUSTON, Dec 11 (Reuters) - Royal Dutch Shell said on Wednesday that the reversed Houston-to-Houma pipeline was being filled with crude in anticipation of a mid-December startup. Spokeswoman Destin Singleton said that preparation included crude linefill with "product flowing and movement."<
11 Dec 13 16:52HOUSTON, Dec 11 (Reuters) - Royal Dutch Shell on Wednesday said its reversed Houston-to-Houma crude oil pipeline is "operational," and scheduled to start up by mid-December. Spokeswoman Destin Singleton said on Wednesday that in anticipation of startup, the company must file pipeline tariff
11 Dec 13 16:29By Sumeet Chatterjee and Nigam Prusty Dec 11 (Reuters) - An Indian court ruling expected on Thursday could determine whether Nokia will be free to transfer a phone-making factory to Microsoft Corp or pay as much as $3.4 billion in disputed taxes. The Chennai plant is one of Nokia's bi
11 Dec 13 10:18* Oil revenue accounts for 80 pct of gov't revenues * Probes have found state-oil firm to lack transparency * Nigeria is Africa's 2nd largest economy, top oil producer By Joe Brock ABUJA, Dec 10 (Reuters) - Nigeria's state-energy company NNPC hasn't accounted for nearly $5
11 Dec 13 07:26NEW YORK, Dec 10 (Reuters) - Light Louisiana Sweet crude for January delivery at St. James, Louisiana inched slightly lower on Tuesday barely reacting to news that Shell is on track to reverse its Texas-to-Louisiana pipeline by year-end. Light Louisiana Sweet <LLS-> traded at $4.45 and $4.3
10 Dec 13 22:08(Adds details on pipeline start) By Selam Gebrekidan NEW YORK, Dec 10 (Reuters) - Royal Dutch Shell moved closer on Tuesday to shipping a glut of light sweet oil from Texas to Louisiana after it filed tariffs for its Houston-to-Houma pipeline reversal with federal regulators. I
10 Dec 13 22:04(Updates with detail on tariff filing, 2nd paragraph) By Selam Gebrekidan NEW YORK, Dec 10 (Reuters) - Royal Dutch Shell on Tuesday moved closer to shipping a glut of light sweet oil from Texas to Louisiana after it filed tariffs for its Houston-to-Houma pipeline reversal with federal
10 Dec 13 21:54
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