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Stock Market & Financial Investment News

News For RDS.A;PAG From The Last 14 Days
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December 18, 2014
08:52 EDTRDS.AMarket under-appreciating cost curve adjustments by oil majors, says Cowen
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06:27 EDTRDS.AABB board proposes Peter Voser as new chairman
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05:44 EDTRDS.AShell agrees to sell downstream business in Norway to ST1
Shell (RDS.A, RDS.B) has signed an agreement with ST1 for the sale of its retail, commercial fuels and supply and distribution logistics businesses in Norway. In addition, Shell's aviation business in Norway will become a 50-50 joint venture with ST1. The sale is subject to regulatory approval and is expected to be completed in 2015. The transaction includes a Retail Brand Licence Agreement which will ensure that Shell's brand remains highly visible in Norway and that high-quality Shell fuels and lubricants products, and the euroShell loyalty card scheme, will continue to be available to customers in the country. The deal will have no impact on Shell's other businesses in Norway - Shell Energy Europe, Gasnor and Upstream, and Shell lubricants will continue to be sold via a macro distributor.
December 14, 2014
17:07 EDTRDS.AOPEC's Badri says group will withstand oil price fall, Reuters says
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December 12, 2014
06:51 EDTRDS.ABrent crude oil fell to five year low, Reuters reports
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December 11, 2014
07:21 EDTRDS.AShell starts sale process for Tongyi JV stake, WSJ reports
Royal Dutch Shell (RDS.A) has started the sale process for 75% its stake in a Chinese oil lubricants business in a deal that could fetch up to $500M, The Wall Street Journal reports, citing sources. Blackstone (BX) is in a "strong" position in first round bids for the Tongyi oil lubricants joint venture, the sources say. Reference Link
December 10, 2014
10:00 EDTRDS.AOn The Fly: Analyst Downgrade Summary
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05:54 EDTRDS.ARoyal Dutch Shell downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Royal Dutch Shell to Hold saying the company is likely to cut its exploration and capital spend.
05:53 EDTRDS.ABP upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded BP (BP) to Buy saying shares could see an inflection point in 2015 with the Macondo penalty phase going to trial in January. Deutsche coupled the upgrade of BP with a downgrade of Royal Dutch Shell (RDS.A) to Hold.
December 8, 2014
12:34 EDTPAGPenske Automotive management to meet with Sidoti
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07:53 EDTRDS.AClimate for Exxon E&P acquisition improved by falling prices, WSJ says
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December 5, 2014
07:43 EDTRDS.ALondon bankers see oil slump spurring energy industry consolidation, WSJ reports
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December 4, 2014
09:30 EDTRDS.ATeekay LNG signs charter contracts with Shell for five newbuild LNG carriers
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