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29 Aug 2013 16:43

UPDATE 4-Zurich chairman Ackermann quits over CFO suicide

* Former Deutsche Bank boss steps down as Zurich chairman * Follows apparent suicide of CFO Pierre Wauthier * Several top executives have left Zurich in past year * Tom de Swaan takes over as acting chairman By Katharina Bart ZURICH, Aug 29 (Reuters) - Josef Ackerman

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29 Aug 2013 10:00

Nynas to win EU approval for Shell refinery deal -source

BRUSSELS, Aug 29 (Reuters) - Swedish refiner Nynas will win unconditional EU antitrust approval for its proposed acquisition of most units of Royal Dutch Shell's Harburg refinery, a person familiar with the matter said on Thursday. Nynas, which announced the deal for the 100,000 barrels per

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29 Aug 2013 08:36

London open: Stocks rebound after recent falls, Vodafone jumps

Strong gains from Vodafone, WPP and Melrose gave markets in London a boost this morning, as stocks rebounded after some recent falls. Markets have been under pressure this week on concerns about a potential Western military intervention in Syria in response to last week's alleged chemical weapons a

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29 Aug 2013 08:31

RPT-Corporate suicides highlight stresses at the top

By Clare Hutchison LONDON, Aug 28 (Reuters) - The suicides of two top executives in Switzerland has prompted calls for greater support for boardroom highfliers. Heavy workloads, frenetic schedules and extensive overseas travel has obliterated the so-called "work-life balance" for many

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28 Aug 2013 23:27

Shell's Martinez, Calif., refinery operating as planned

Aug 28 (Reuters) - Royal Dutch Shell Plc's Shell Oil Co said its 156,400 barrel-per-day oil refinery in Martinez, California, is currently operating as planned. It had reported the shutdown of a delayed coker unit due to planned maintenance at the refinery on Aug. 24, according to a filing

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28 Aug 2013 22:30

Canada crude - Synthetic dips as Syncrude coker returns

* Sept synthetic trades at $2.20/bbl above WTI * Sept WCS trades at $24/bbl below WTI CALGARY, Alberta, Aug 28 (Reuters) - Canadian light synthetic crude prices edged lower on Wednesday after supply was boosted by the completion of maintenance on a coker at Syncrude's oil sands projec

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28 Aug 2013 21:49

US WCoast Products - Gasoline gains on EIA report

HOUSTON, Aug 28 (Reuters) - Gasoline differentials rose on Wednesday in the Los Angeles spot market after the U.S. Energy Information Administration reported West Coast gasoline inventories fell last week, traders said. September-delivery CARBOB gasoline, blended to meet California's strict

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28 Aug 2013 19:25

UPDATE 2-Motiva's Convent crude unit below full capacity -sources

(Adds company comment, expected length of reformer outage) HOUSTON, Aug 28 (Reuters) - The crude distillation unit at the Motiva Enterprises 235,000 barrel per day (bpd) Convent, Louisiana, refinery is running below full production levels as repairs continue following an Aug. 19 fire, accor

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28 Aug 2013 17:35

ConocoPhillips submits highest bid in Gulf of Mexico sale

HOUSTON, Aug 28 (Reuters) - ConocoPhillips submitted the highest bid on a single tract on Wednesday for drilling rights in the western Gulf of Mexico lease sale, which attracted the second-lowest number of bids since 1983, regulators said. The Houston-based global exploration and production

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28 Aug 2013 17:05

Motiva Convent, La. refinery crude unit runs below full capacity -sources

HOUSTON, Aug 28 (Reuters) - The crude distillation unit at the Motiva Enterprises 235,000 barrel per day (bpd) Convent, Louisiana refinery is running below full production levels as repairs continue following an Aug. 19 fire at the plant, according to sources familiar with operations at the refin

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28 Aug 2013 17:05

London close: Markets finish lower despite late rally

Markets rallied in afternoon trade on Wednesday, helped by dovish remarks from Bank of England (BoE) Governor Mark Carney and a decent start on Wall Street, but stocks still finished in the red as escalating concerns about Syria continued to dampen sentiment. The FTSE 100 finished down 10.91 points

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28 Aug 2013 16:02

Corporate suicides highlight stresses at the top

By Clare Hutchison LONDON, Aug 28 (Reuters) - The suicides of two top executives in Switzerland has prompted calls for greater support for boardroom highfliers. Heavy workloads, frenetic schedules and extensive overseas travel has obliterated the so-called "work-life balance" for many

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28 Aug 2013 14:52

Sector movers: Surging crude prices fuel gains for oil stocks

Rising crude prices gave oil producers a boost on Wednesday as escalating tensions in Syria continue to fuel concerns over supplies in the Middle East. These fears have been heightened in recent days due to a possible US military intervention in Syria following last week's alleged chemical weapons

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28 Aug 2013 12:57

UPDATE 1-Norway gives oil and gas firms first chance to drill in its east Arctic

* Firms have until Jan. 14 to nominate areas to explore * Only limited number of blocks likely in eastern Barents * Previous round included 20 blocks awarded in Arctic OSLO, Aug 28 (Reuters) - Norway invited oil and gas firms on Wednesday to bid for the first licences to drill i

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28 Aug 2013 11:27

London midday: Stocks fall as oil rises on Syria turmoil

Stock markets were once again hit by concerns over rising tensions between Syria and the West on Wednesday morning, as surging oil prices look to pose a threat to global economic growth. West Texas crude futures were trading at a two-year high of $112.24 a barrel this morning while Brent crude jump

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