George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.

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24 Feb 2014 22:48

UPDATE 4-Brazil's Cosan proposes $4.7 bln takeover of railway firm ALL

* ALL would hold 63.5 percent equity in new company * Cosan's Rumo would name most of the board, have control * Rumo pricing ALL shares at premium of 56 percent By Reese Ewing and Roberta Vilas Boas SAO PAULO, Feb 24 (Reuters) - Brazilian sugar and ethanol firm Cosan SA pr

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24 Feb 2014 17:24

Global dividends pass $1 trillion mark in 2013-study

* Global dividends up 43 pct since 2009 - Henderson GI * $1 in every $7 coming from emerging markets * Japan, U.S. slow pace of growth in 2013 * Growth seen picking up pace again this year By Joshua Franklin LONDON, Feb 24 (Reuters) - Shareholders received more than

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24 Feb 2014 14:43

S.Africa state pension fund keen to invest in local shale play

JOHANNESBURG, Feb 24 (Reuters) - South Africa's Public Investment Corporation (PIC) is keen to invest in a domestic shale gas industry once it gets underway, its chief investment officer said on Monday. The intention to invest in shale gas by the PIC, which manages 1.4 trillion rand ($128 b

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24 Feb 2014 13:28

STXNEWS LATAM-Brazil's Cosan to list two new units on exchange

Brazilian sugar and ethanol producer Cosan SA is creating two new units, Cosan Logistica and Cosan Energia, and both will be listed on the local Bovespa stock index, according to a securities filing on Monday. Cosan Energia will be responsible for investments in Raizen, a joint venture betwee

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24 Feb 2014 13:20

UPDATE 1-Britain revamps North Sea oil sector as it seeks to keep Scotland

* Britain keen to show Scots it cares about industry * Pledges new industry regulator and licensing changes * Says changes will safeguard jobs and investment * Scots to vote on independence on Sept. 18 By Andrew Osborn LONDON, Feb 24 (Reuters) - The British governmen

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24 Feb 2014 13:00

CORRECTED-UPDATE 1-Britain's oil review stresses need for new regulator to lift output

(Makes clear that figure in paragraph 2 refers to extra output) By Karolin Schaps LONDON, Feb 24 (Reuters) - Britain urgently needs its oil and gas companies to pay for a new regulatory body to encourage industry collaboration and counter plunging North Sea production rates, a governm

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24 Feb 2014 11:07

UPDATE 1-Shell secures funding for Scottish carbon capture project

* UK provides multi-million pound funding for Peterhead CCS * Government is giving a total 100 mln stg for two CCS projects LONDON, Feb 24 (Reuters) - Shell has secured millions of pounds of funding from the British government for the next stage of its carbon capture and storage (CCS)

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24 Feb 2014 10:12

Shell advances carbon capture project in Scotland

LONDON, Feb 24 (Reuters) - Shell has signed an agreement with the British government to proceed to the next phase of its carbon capture and storage (CCS) project at SSE's Peterhead gas plant in Scotland, Shell said on Monday. The project aims to capture 10 million tonnes of carbon dioxide

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24 Feb 2014 09:30

British oil and gas industry should pay for new regulator -government review

LONDON, Feb 24 (Reuters) - Britain's oil and gas industry should pay for the creation of a new regulator which would help companies extract as much oil and gas as possible from North Sea fields, a government-commissioned report said on Monday. The Wood Review, the first strategy assessment

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24 Feb 2014 06:48

Monday newspaper round-up: BP, G4S, RSA

The future of BP's flagship Rumaila oilfield in southern Iraq is in jeopardy after a bureaucratic snarl-up in Baghdad forced the company to axe a hundred crucial contractor jobs. The move highlights the mounting challenges facing western oil majors in Iraq, and bodes ill for the country's ambitious

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21 Feb 2014 11:34

UPDATE 4-Vitol pays $2.6 bln for Shell's Australian refinery, petrol stations

* Vitol to keep refinery open, says can run profitably * Abu Dhabi sovereign wealth fund to take stake * Deal helps Shell toward $15 bln asset sales target By Byron Kaye and Florence Tan SYDNEY/SINGAPORE, Feb 21 (Reuters) - Top global oil trader Vitol SA is buying Royal Du

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21 Feb 2014 10:27

RPT-No easy fix for broken Brent oil benchmark

* Vitol boss calls for widening of Brent benchmark * Platts, Argus see need to add new grades over time * Difficult to add Nigerian, Russian crude to Brent-traders By Dmitry Zhdannikov, Claire Milhench and Alex Lawler LONDON, Feb 20 (Reuters) - The oil industry hopes Norwa

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21 Feb 2014 07:16

Shell sells Australian downstream units to Vitol as disposals continue

Oil major Royal Dutch Shell has agreed to dispose of the bulk of its Australian downstream business to oil trader Vitol, as part of its plan to shed 15bn dollars in assets over the next two years. The sale, which excludes the Aviation business and certain plants in Brisbane, is being made for a tot

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20 Feb 2014 23:50

Shell sells Australian business to Vitol for A$2.9blln

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20 Feb 2014 17:53

No easy fix for broken Brent oil benchmark

* Vitol boss calls for widening of Brent benchmark * Platts, Argus see need to add new grades over time * Difficult to add Nigerian, Russian crude to Brent-traders By Dmitry Zhdannikov, Claire Milhench and Alex Lawler LONDON, Feb 20 (Reuters) - The oil industry hopes Norwa

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