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Energy

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UPDATE 1-U.N. seeks help of oil traders to enforce North Korea sanctions

* Traders say they take steps to prevent sanctions-busting (Updates with no comment from Glencore in paragraph 18)

UPDATE 1-Weatherford mulls sale of larger business in bid to pay down debt

HOUSTON, May 22 Oilfield service company Weatherford International Plc may have to sell one of its larger businesses next year to pay down its sizeable debt, Chief Executive Officer Mark McCollum said on Tuesday.

Stock Quote, M&A, Bonds, Markets, 12:52pm EDT

UPDATE 1-Britain's FTSE posts new highs, sets sight on 8,000 points

* M&S falls after plans to close stores (Adds closing prices, quotes)

Shell's oil spill dispute with Nigeria's Bodo villagers back in UK court

LONDON, May 22 Lawyers for the Bodo community in Nigeria's oil-producing Niger Delta, which was devastated by two major oil spills a decade ago, went to court in London on Tuesday to fend off what they said was an attempt by Shell to kill off their litigation.

12:12pm EDT

UPDATE 1-Austria's OMV stands by Iran project but no investment yet

* OMV says monitoring political framework closely (Adds background, detail)

Energy
Exxon Mobil Corp $82.29 +0.01%
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