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UK stocks are set to open slightly lower on Thursday as investors adopt a cautious stance ahead of the four-day weekend amid ongoing turmoil in Ukraine. "The European open looks set to be a mixed affair as global indices seem undecided as to whether they are actually ready to start moving back towa
Read moreRoyal Dutch Shell has made an exploration discovery offshore Malaysia, the oil and gas giant announced on Thursday. The Rosmari-1 well, located 135 kilometres offshore in Block SK318, encountered more than 450 metres of gas column after being drilled to a total depth of 2,123 metres. Shell said
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LONDON, April 17 (Reuters) - Anglo-Dutch oil and gas major Shell announced on Thursday it had found gas in a new drilling area off Malaysia. It found more than 450 metres of gas column at its Rosmari-1 well and plans further exploration, Shell said. "Rosmari-1 is a testament to our ab
Read moreApril 16 (Reuters) - Royal Dutch Shell Plc reported "normal maintenance" at its 156,400 barrel per day (bpd) refinery in Martinez, California, on Wednesday, according to a notice with the Contra Costa Health Services. (Reporting by Shruti Chaturvedi in Bangalore)
Read moreLONDON, April 16 (Reuters) - A 320,000 barrel-per-day crude oil pipeline between Rotterdam and the BP and Shell refineries in the Ruhr area in Germany was shut down on Wednesday after a minor spill, its operator said. The spill on the Rotterdam-Rijn Pijpleiding (RRP) pipeline occurred duri
Read moreApril 15 (Reuters) - Shell Oil Co reported planned maintenance was underway at its plant in Deer Park, Texas, according to a message posted on a community information line. The maintenance activity might cause flaring, it said. The facility houses a 327,000 barrel-per-day (bpd) refine
Read moreAker Solutions, +6%, & the busiest stock (relative to 30-day average daily volume), among European small caps. ** Wins $2.4 billion contract from Total SA to provide equipment at its Kaombo oil project in Angola. ** Contract win helps stock recover from slump it suffered last week fol
Read more(Repeats April 14 story with no changes to text) By Stephen Jewkes and Oleg Vukmanovic MILAN, April 14 (Reuters) - Claudio Descalzi faces a delicate balancing act as he takes the helm of Italian oil major Eni - guaranteeing Italy's gas supply by nurturing relations with Russia, while
Read moreBy Charlie Zhu and Andrew Callus April 15 (Reuters) - Global oil companies are increasingly turning to China for services and equipment, attracted by lower costs and a newly acquired expertise that is challenging more established rivals. State-run and privately controlled Chinese rig
Read moreBy Stephen Jewkes and Oleg Vukmanovic MILAN, April 14 (Reuters) - Claudio Descalzi faces a delicate balancing act as he takes the helm of Italian oil major Eni - guaranteeing Italy's gas supply by nurturing relations with Russia, while exploring new drilling frontiers in Africa and Asia to
Read more* Kashagan not expected to produce oil this year * Kazakhstan plans to increase oil production by 2.5 percent this year * Government to meet Kashagan shareholders Thursday (Adds detail, quote) By Raushan Nurshayeva ASTANA, April 14 (Reuters) - Kazakhstan wants to make up
Read moreASTANA, April 14 (Reuters) - Kazakhstan wants to offset the possible failure of the Kashagan oil project to produce this year by increasing output at other projects by at least 1.5 million tonnes (30,000 barrels per day), the Kazakh economy minister said on Monday. Production at the offshor
Read moreKuwait, April 13 (Reuters) - Royal Dutch Shell and BP have signed deals to supply Kuwait with liquefied natural gas (LNG) over the next few years, a Kuwait Petroleum Corp. (KPC) official was quoted as saying on Sunday. Kuwait began importing LNG in 2009 and signed deals for Shell and Swiss-
Read morePARIS, April 11 (Reuters) - France's Total does not expect much oil output, if any, from the giant Kashagan oilfield in Kazakhstan this year and it is awaiting results of further analyses to assess the costs and delays facing its consortium partners. Production at the offshore deposit, the
Read more* Share rally in domestically focused UK companies to fade * Global companies offer better value after missing out on rally * Resources stocks expected to get dividend boost By Atul Prakash LONDON, April 11 (Reuters) - A year-long outperformance by domestically focused Bri
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