Edition:
United Kingdom

Ron Bousso

UPDATE 3-Oil drops below $60 as China virus drives demand concern

27 Jan 2020

* Map on the spread of the virus: https://tmsnrt.rs/2vbcRsm (Recasts, updates throughout, changes dateline from previous Tokyo)

Total and Tullow launch joint sale of stakes in Kenyan oil project: sources

23 Jan 2020

LONDON/ PARIS Total and Tullow Oil aim to reduce their stakes in Kenya's first oil development with a joint sale that could see Tullow exit completely amid uncertainty over the project's launch, banking and industry sources said.

BP appoints new finance chief as Looney prepares to take over

23 Jan 2020

LONDON BP's finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as chief executive next month.

EXCLUSIVE-BP's Looney goes all-in on climate goals and explores overhaul

22 Jan 2020

* New targets set to include larger Scope 3 emissions - sources

Supplies of IMO compliant shipping fuels rising fast: IEA

16 Jan 2020

LONDON Global supplies of marine fuel compliant with new environmental rules are increasing fast as concerns over quality remain marginal, the International Energy Agency said on Thursday.

Offshore oil and gas boom to continue: Rystad

14 Jan 2020

LONDON Spending on new offshore oil and gas projects is set to grow further this year after developments holding more than 20 billion barrels of oil equivalent were given the go-ahead last year, Norwegian consultancy Rystad Energy said.

Offshore oil and gas boom to continue -Rystad

14 Jan 2020

* Investment in offshore projects expected to rise by 8% in 2020

Shell's New Energies boss Gainsborough to step down

09 Jan 2020

LONDON Royal Dutch Shell's New Energies boss Mark Gainsborough will step down in April and be replaced by Elisabeth Brinton, who joined the business in 2018 and will oversee the company's plans to expand its low-carbon and power business.

Shell writes down up to $2.3 billion on weaker economic outlook

20 Dec 2019

Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook. | Video

Exclusive: BP's incoming CEO won't initially take up Rosneft board seat - company sources

19 Dec 2019

LONDON/MOSCOW Incoming Chief Executive Bernard Looney will not take up either of BP's seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, five company sources said.

World News