LONDON/MOSCOW France's Total is seeking to sell part of its stake in Kazakhstan's giant Kashagan oilfield to raise up to $4 billion, four banking sources said.
LONDON/MOSCOW, May 24 France's Total
is seeking to sell part of its stake in Kazakhstan's giant
Kashagan oilfield to raise up to $4 billion, four banking
LONDON Royal Dutch Shell has started producing oil and gas at its Appomattox deep water platform in the Gulf of Mexico, one of the largest projects launched in the basin in recent years.
* Its deep water output on track to reach 900,000 boed by
LONDON BP is nearing the sale of its stake in a major Egyptian oil and gas company to Dubai-based Dragon Oil for over $600 million, industry and banking sources said.
ABERDEEN, Scotland Activists disrupted BP's annual shareholder meeting on Tuesday shouting "this is a crime scene" in the latest climate protest against the oil and gas group, while rival Royal Dutch Shell got some rare praise from investors on its emissions policies. | Video
LONDON Greenpeace activists blocked the entrance to BP's London headquarters on Monday, demanding one of the world's biggest energy companies ends all new oil and gas exploration or goes out of business. | Video
LONDON A string of European refinery outages after contamination forced the shutdown of Russia's Druzhba crude pipeline has constrained fuel supply across the continent and delivered an unexpected boost to profit margins.
LONDON BP will face pressure at a meeting next week to set tougher targets to combat climate change, the latest signal from investors that they want the oil and gas industry to do more to clean up its act.