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South Africa's second-largest crude oil refinery, the Engen plant in Durban, has been shut down to allow investigators a chance to find out the cause of a "fire incident" earlier on Friday, Engen said.
* FTSE 100 up 0.9%, FTSE 250 up 0.3% (Adds comments, updates prices throughout)
Can you put a price on pollution? Some of the world's biggest economies are doing just that as they wrestle with how to make good on grand pledges to tame planet-warming emissions.
Royal Dutch Shell Plc experienced a power outage that caused a process upset at multiple units at its Deer Park, Texas, facility, where it operates a 318,000 barrel-per-day joint-venture refinery.
London's FTSE 100 rose to a nine-month high on Friday as a jump in oil prices boosted energy stocks, while investors remained focussed on Brexit trade talks with only four weeks left for Britain's transition period out of the bloc to end.
Environmentalists seeking to drive down emissions produced by energy giant Royal Dutch Shell told a Dutch court on Thursday the Netherlands was the right place to hear their case.
London's FTSE 100 was muted on Thursday as Brexit negotiations remained gridlocked with only weeks left for Britain's transition period to expire, while energy stocks slipped on lower oil prices.
For Big Oil, coffee and chocolate could be the new black gold.
The sale of a Nigerian oilfield to Eni and Royal Dutch Shell was legally "perfect" and there was no proof of any corruption, a lawyer for former Nigerian oil minister Dan Etete said on Wednesday.
Royal Dutch Shell Plc began the permanent shutdown of its 211,146 barrel-per-day (bpd) Convent, Louisiana refinery, the company said on Tuesday.
Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
As a legal case over energy giant Shell's planet-heating emissions kicked off in the Netherlands, activists said the health and livelihoods of people in Nigeria's oil-producing region would hinge on its outcome.
The world's top energy companies have slashed the value of their oil and gas assets by around $80 billion (60.05 billion pounds) in recent months after revising lower the long-term outlook for fuel prices in the wake of the coronavirus epidemic and the energy transition.
Environmental activists took Royal Dutch Shell to court on Tuesday, demanding the energy firm drastically reduce the production of oil and gas to limit its effects on climate change.
Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion, its biggest ever impairment, and slash project spending next year to its lowest level in 15 years.
Royal Dutch Shell will face a Dutch court on Tuesday in the first hearing of a case brought on by environmentalist and human rights groups who demand the energy firm cuts its reliance on fossil fuels.
Europe's benchmark stock index posted its biggest monthly gain on record on the prospect of easing coronavirus restrictions and hopes for a COVID-19 vaccine, but ended Monday lower with eyes on the Brexit trade deal negotiations.
Billionaire tech entrepreneur Tom Siebel founded C3.ai said on Monday the software company was looking to raise up to $527 million in its initial public offering.
London shares fell on Monday as fears of a no-deal Brexit as well as the economic damage from the COVID-19 pandemic knocked back sentiment at the end of the best month for the FTSE 100 in more than three decades.
Europe's benchmark stock index opened lower on Monday with focus on Brexit negotiations, but was still on track for its best month on record on the prospect of easing coronavirus restrictions and hopes for a COVID-19 vaccine.
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