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Shell offers $1.8bn for Cove Energy
Royal Dutch Shell has agreed to buy Cove Energy for £1.12-billion, outbidding PTT Exploration and Production for access to East Africa’s gas reserves.
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Shell oil leak ‘worst in North Sea since 2000’
The burst North Sea pipeline is not leaking nearly as much oil as the Gulf of Mexico spill last year, but it’s the worst incident there in 10 years.
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BP shares rise as company says no plan to issue stock
BP ruled out a share issue and talk persisted of sovereign wealth fund interest in the British oil major, boosting its shares on Tuesday.
