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3 Sep 2013 17:51

Bumper Vodafone sale to help UK stocks

By Chris Vellacott and Sinead Cruise LONDON, Sept 3 (Reuters) - Shares in other telecoms companies, stocks with high dividends and firms eyeing share sales may all get a boost when UK-focused fund managers redeploy cash from Vodafone's sale of Verizon Wireless. Barclays, Lloyds Bankin

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3 Sep 2013 12:41

S.Africa says shale gas fracking needs water licence

PRETORIA, Sept 3 (Reuters) - Companies seeking shale gas exploration permits in South Africa will need to apply for a water usage licence, the country's water and environmental affairs minister said on Tuesday. South Africa last year lifted a moratorium on shale gas exploration in its Karoo

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3 Sep 2013 12:20

Shell reports flaring at Martinez, CA, refinery

Sept 3 (Reuters) - Royal Dutch Shell Plc reported a release of sulfur dioxide due to flaring on Tuesday at its 156,400 barrel-per-day refinery in Martinez, California, according to a filing with state pollution regulators. No waterways were affected, the filing with the California Emergency

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2 Sep 2013 14:45

FTSE 100 movers: Mining companies gain on rise in commodities

Mining company stocks, including Rio Tinto and Anglo American, surged as commodity prices rose and as reports showed manufacturing expanded in China, the Eurozone and the UK. Aberdeen Asset Management rallied after Numis Securities reiterated a 'buy' rating for the company's stock. WPP continued t

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2 Sep 2013 11:19

London midday: Stocks jump after strong manufacturing data

Strong manufacturing data from both the UK and China helped lift stock markets on Monday morning while concerns over a potential military strike against Syria eased. London's FTSE 100 was registering triple-digit gains by lunchtime, with the index trading a level not since August 15th. Manufactur

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2 Sep 2013 10:49

EU mergers and takeovers (Sept 2)

BRUSSELS, Sept 2 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Swedish refiner Nynas to purchase certain assets from Royal Dutch Shell's Harburg refinery (approved Sept 2) NE

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2 Sep 2013 10:37

Shell starts 10 week maintenance at Pernis refinery units

LONDON, Sept 2 (Reuters) - Royal Dutch Shell has started maintenance on several units at its 412,000 barrel per day (bpd) Pernis refinery in the Netherlands, a company spokesman said on Monday. The turnaround was planned to be completed in the second half of November, the company said in a

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2 Sep 2013 09:45

Nynas wins EU approval to buy Shell's Harburg refinery assets

BRUSSELS, Sept 2 (Reuters) - Swedish refiner Nynas secured unconditional EU antitrust approval on Monday for its proposed takeover of most units of Royal Dutch Shell's Harburg refinery, a deal which will boost its specialty oil production by about a third. Nynas, a major supplier of bitumen

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2 Sep 2013 08:24

London open: Chinese PMI boosts miners, Vodafone jumps on Verizon talks

Delays to a potential military strike against Syria and some better-than-expected economic data from China gave stock markets a big boost in early trading on Monday. China's official manufacturing purchasing managers' index (PMI) rose to the 51.0 point mark in August, according to the National Bure

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1 Sep 2013 13:50

UPDATE 2-Iraq's August oil exports rise helped by southern fields

* August oil exports rise by 255,000 bpd from July * Basra shipments rebound to 2.308 million bpd * Iraq aiming for 2.9 million bpd exports by year end By Ahmed Rasheed BAGHDAD, Sept 1 (Reuters) - Iraq's oil exports rose to an average of 2.579 million barrels per day (bpd)

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30 Aug 2013 20:01

U.S. WCoast Products - California gasoline, diesel show gains

HOUSTON, Aug 30 (Reuters) - Wholesale California gasoline and diesel differentials rose on Friday as planned work ramped up at a San Francisco-area refinery and refiner buying increased ahead of the U.S. Labor Day holiday, traders said. Refiners also sought to lower inventories of summer-gr

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30 Aug 2013 19:22

CORRECTED-INSIGHT-To cut natural gas costs, Chesapeake pumps up royalty deductions

(Corrects 13th paragraph, deleting reference to U.S. three-year gas supply needs and inserting instead U.S. gas consumption in 2012) By Ernest Scheyder SAYRE, Pa., Aug 28 (Reuters) - As the natural gas industry struggles to cope with depressed prices, Chesapeake Energy Corp has begun

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30 Aug 2013 16:45

London close: Markets extend losses after poor US data

Moderate losses in early trading on Friday turned into a steep sell-off by the close as markets ended August in a cautious mood following a choppy week. A series of closely-watched economic indicators from the States prompted a negative reaction this afternoon, causing a weak start on Wall Street a

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30 Aug 2013 08:33

London open: Stocks edge lower, Syria and Fed taper in focus

The FTSE 100 opened slightly lower on Friday morning after yesterday's strong gains as investors continue to await further developments in Syria and speculate about the future of US stimulus. Cautiousness ahead of a three-day weekend in the States could also be having an effect on risk appetite thi

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29 Aug 2013 22:33

U.S. WCoast Products - Gasoline gains on refinery work

HOUSTON, Aug 29 (Reuters) - Gasoline differentials rose in California wholesale markets on Thursday as Royal Dutch Shell Plc's 156,400 barrel per day (bpd) Martinez, California, refinery was beginning planned work, traders said. September-delivery CARBOB gasoline, blended to meet California

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