Edition:
United Kingdom

Shadia Nasralla

European oil major trading units provide buffer in rough second quarter

30 Jul 2020

LONDON The trading units of European oil and gas majors have shielded their second-quarter results from the full force of the corona-induced collapse in demand for fuel, but big writedowns showed the scale of the challenge ahead, results showed on Thursday.

European oil major trading units provide buffer in rough second quarter

30 Jul 2020

LONDON The trading units of European oil and gas majors have shielded their second-quarter results from the full force of the corona-induced collapse in demand for fuel, but big writedowns showed the scale of the challenge ahead, results showed on Thursday.

WRAPUP 2-European oil major trading units provide buffer in rough second quarter

30 Jul 2020

* Exxon, Chevron results due July 31, BP on Aug. 4 (Adds details, graphics)

WRAPUP-European oil major trading units offer buffer in rough second quarter

30 Jul 2020

LONDON, July 30 The trading units of European oil and gas majors have shielded their second-quarter results from the full force of the corona-induced collapse in demand for fuel, but big writedowns showed the scale of the challenge ahead, results showed on Thursday.

Shell avoids loss with strong trading, wipes $17 billion off assets

30 Jul 2020

LONDON Royal Dutch Shell avoided its first quarterly loss in recent history, helped by a booming trading business, but announced nearly $17 billion in impairment charges reflecting a pessimistic outlook for oil and gas prices.

UPDATE 5-Oil prices jump on vaccine hopes, EU deal

21 Jul 2020

* Early vaccine data raises hope of economic boost (Updates prices)

EU's greenhouse gas strategy fails to plug methane hole

17 Jul 2020

BRUSSELS The European Union does not plan to crack down on planet-warming methane emissions from gas imports despite pressure from oil companies, activists and academics, according to its draft strategy and sources familiar with the matter.

Total seeks buyers for stake in North Sea gas pipeline, sources say

15 Jul 2020

LONDON French energy company Total is seeking to sell its 25.7% stake in the Shearwater Elgin Area Line (SEAL) natural gas pipeline in the British North Sea, industry sources said.

Premier Oil in talks on longer debt extension, shares fall

15 Jul 2020

LONDON North Sea-focused Premier Oil is seeking a four-to-five year extension to debt due next year, about twice as long as first envisaged, its CEO said on Wednesday.

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