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Petrochina Says‍ Ling Xiao, Yang Jigang & Wang Zhongcai Appointed As Vice Presidents

Thursday, 28 Dec 2017 03:55am EST

Dec 28 (Reuters) - Petrochina Co Ltd <601857.SS>::‍LING XIAO, YANG JIGANG AND WANG ZHONGCAI APPOINTED AS VICE PRESIDENTS OF COMPANY​.‍HUANG WEIHE, XU FUGUI & LV GONGXUN CEASED TO HOLD POSITIONS OF VICE PRESIDENTS OF CO​.

Shell ‍Expects Impact Of US Tax Reform Legislation To Be Favourable To Ops​

Wednesday, 27 Dec 2017 02:01am EST

Dec 27 (Reuters) - Shell ::‍EXPECTS POTENTIAL ECONOMIC IMPACT OF RECENTLY ENACTED US TAX REFORM LEGISLATION TO BE FAVOURABLE TO SHELL AND TO ITS US OPERATIONS​.INTENDS TO DETERMINE AND ANNOUNCE ACTUAL IMPACT INCLUDING ANY Q4 MOVEMENTS, AND BALANCE SHEET ADJUSTMENTS, AS PART OF ITS Q4 2017 RESULTS​.‍CHANGE IN US TAX LEGISLATION (EFFECTIVE JANUARY 1, 2018) WILL IMPACT SHELL'S Q4 2017 RESULTS BUT ANALYSIS OF ACTUAL IMPACT IS NOT YET COMPLETE​.WOULD HAVE INCURRED AN ESTIMATED CHARGE TO EARNINGS OF $2.0 TO 2.5 BILLION PRIMARILY DRIVEN BY A RE-MEASUREMENT OF DEFERRED TAX POSITION.‍CHARGE REPRESENTS A NON-CASH ADJUSTMENT AND WILL BE REFLECTED AS AN IDENTIFIED ITEM​.

Russia's Sistema says court lifts restrictions on shares in MTS, Medsi, power grid

Tuesday, 26 Dec 2017 09:10am EST

Dec 26 (Reuters) - Sistema says ::The restrictions to receive income on the corporation's and Sistema-Invest's shareholdings of 31.76 percent in MTS <<>>, 100 percent in Medsi and 90.47 percent in Bashkirian Power Grid Company have been lifted on Dec. 26.The above mentioned restrictions were removed as part of the implementation of the settlement agreement entered into by the corporation and Sistema-Invest with Rosneft <<>>, Bashneft <<>> and the Republic of Bashkortostan on Dec. 22 and approved by the Arbitration Court of the Republic of Bashkortostan on Dec. 26. .

Tatneft Expects In 2017 Growth Of Extractive Reserves Of 30 Million Tonnes Of Oil

Friday, 22 Dec 2017 07:05am EST

Dec 22 (Reuters) - Tatneft ::SAYS EXPECTS IN 2017 GROWTH OF EXTRACTIVE RESERVES OF 30 MILLION TONNES OF OIL.SAYS PLANS IN 2018 INVESTMENTS OF ABOUT RUB 100 BILLION.

Eni Completes Acquisition Of 50 Pct Of Subsoil Use Rights Of Isatay Block, Kazakhstan

Friday, 22 Dec 2017 05:47am EST

Dec 22 (Reuters) - ENI ::COMPLETES WITH KAZMUNAIGAS <<>> TRANSFER TO ENI OF 50 PERCENT OF SUBSOIL USE RIGHTS OF ISATAY BLOCK, KAZAKHSTAN.

California Water Service Says Unit Entered An $85 Million Settlement Agreement

Thursday, 21 Dec 2017 04:47pm EST

Dec 21 (Reuters) - Chevron Corp ::CALIFORNIA WATER SERVICE SAYS ON DEC 20, UNIT ENTERED AN $85 MILLION SETTLEMENT AGREEMENT WITH DOW CHEMICAL CO, SHELL OIL CO, CHEVRON U.S.A., AMONG OTHERS.CALIFORNIA WATER SERVICE SAYS SETTLEMENT'S PROCEEDS WILL BE USED TO REIMBURSE PORTION OF COSTS ASSOCIATED WITH THE UNIT'S REMEDIATION EFFORTS - SEC FILING.

‍Shell Petroleum Company Signed Agreement To Buy First Utility

Thursday, 21 Dec 2017 09:44am EST

Dec 21 (Reuters) - ‍SHELL PETROLEUM COMPANY LTD ::SIGNED AGREEMENT TO BUY 100% OF FIRST UTILITY, A INDEPENDENT UK HOUSEHOLD ENERGY AND BROADBAND PROVIDER.DEAL IS SUBJECT TO REGULATORY AND OTHER APPROVALS AND IS EXPECTED TO COMPLETE IN EARLY 2018.

Fitch Says Funding, Sanctions Key Risks To Russia's LNG Ambitions

Thursday, 21 Dec 2017 04:15am EST

Dec 21 (Reuters) - Fitch: :FITCH- FUNDING, SANCTIONS KEY RISKS TO RUSSIA'S LNG AMBITIONS.FITCH- RUSSIA'S ‍LNG MARKET IS LIKELY TO BE OVERSUPPLIED FOR SEVERAL YEARS DUE TO ADDITIONAL LNG CAPACITY BEING COMMISSIONED IN US, AUSTRALIA AND ELSEWHERE​.FITCH ON RUSSIA'S LNG MARKET​-‍ PROGRESS OF OTHER LNG VENTURES UNDER CONSIDERATION MAY BE HINDERED BY WESTERN SANCTIONS AGAINST RUSSIA FUNDING CONSTRAINTS.

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