Edition:
United Kingdom

Ron Bousso

Chrysaor nears deal to buy Conoco's UK North Sea oil, gas assets - sources

17 Apr 2019

LONDON Private-equity backed Chrysaor is near a deal to buy U.S. group ConocoPhillips' British North Sea oilfields, two sources close to the process said, a deal that would make it the basin's biggest producer.

Trump Mideast plan, bribery charges to dominate Netanyahu's record term

11 Apr 2019

MAALE ADUMIM, West Bank Israeli Prime Minister Benjamin Netanyahu's record fifth term is likely to be dominated by corruption allegations, scrutiny of his election promises and the unveiling of U.S. President Donald Trump's long-awaited Middle East plan.

Activist group withdraws resolution challenging Shell climate policy

08 Apr 2019

LONDON An activist group said it has withdrawn a shareholder resolution calling on Royal Dutch Shell to change its climate policy after the oil and gas company reached a broad agreement with investors on the issue.

RPT-ANALYSIS-From molecules to electrons; can Big Oil become Big Power?

05 Apr 2019

* Electric power demand growth expected to outdo that for oil

ANALYSIS-From molecules to electrons; can Big Oil become Big Power?

04 Apr 2019

* Electric power demand growth expected to outdo that for oil

Citing climate differences, Shell walks away from U.S. refining lobby

02 Apr 2019

LONDON Royal Dutch Shell Plc on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies, citing its support for the goals of the Paris climate agreement.

Exclusive - Exxon weighs sale of Nigerian oil and gas fields for up to $3 billion

02 Apr 2019

LONDON Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters.

BP CEO Dudley's 2018 pay slips to $14.7 million

29 Mar 2019

LONDON BP Chief Executive Bob Dudley's pay package slipped to $14.7 million last year from $15.1 million in 2017, even though the oil and gas company's profits doubled to a five-year high.

BP CEO Dudley's 2018 pay slips to $14.7 million

29 Mar 2019

LONDON BP Chief Executive Bob Dudley's pay package slipped to $14.7 million (11.29 million pounds) last year from $15.1 million in 2017, even though the oil and gas company's profits doubled to a five-year high.

Private equity Seacrest in talks to sell N.Sea oil firm Azinor -sources

27 Mar 2019

LONDON, March 27 Private equity fund Seacrest Capital is in talks to sell part or all of its British North Sea-focused oil exploration firm Azinor Catalyst, which could fetch between $60-$100 million, having received unsolicited offers for it, banking and industry sources said.

World News

Yellow vest demonstrators, police clash in Paris

Clashes broke out between dozens of demonstrators and police in Paris on the 23rd Saturday of yellow-vest protests after authorities warned that rioters could return to the French capital to spark a new wave of violence.