Swiss finance minister sees no ‘stumbling blocks’ to UBS takeover of Credit Suisse

[ad_1] ZURICH, April 8 (Reuters) – UBS’s (UBSG.S) multi-billion state-sponsored takeover of Credit Suisse (CSGN.S) should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview…

Shell puts a stop to Singapore biofuels, base oil projects

[ad_1] SINGAPORE, March 30 (Reuters) – Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore, a company spokesperson…

Failed Limetree refinery bidder calls winning bid ‘disguised liquidation’

[ad_1] Dec 2 (Reuters) – One of the bidders for the bankrupt Limetree Bay refinery objected to the winning bid in court this week, arguing the new company, which said…

Strikes roiling French power sector cause fuel shortages

[ad_1] PARIS, March 23 (Reuters) – Industrial action disrupting French refineries has left some petrol stations short of fuel as strikes stretched into a 16th day on Thursday, also hitting…

French strikes continue to block refinery shipments and LNG terminals

[ad_1] PARIS, March 20 (Reuters) – Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated…

IPC CEO urges Canada to offer more funding to build carbon capture

[ad_1] March 19 (Reuters) – International Petroleum Corp (IPCO.TO), the first foreign oil company to sanction a project in Canada’s oil sands in more than a decade, could add carbon…

U.S., Canada motorists weigh cuts to spending as gas prices surge to record

[ad_1] ATLANTA, March 8 (Reuters) – At a Kroger (KR.N) station in Atlanta, general contractor L.W. Boyd had two fuel spigots going at the same time – pumping diesel into…

Malaysia’s Petronas posts higher Q4 profit, sees lower oil prices in 2023

[ad_1] KUALA LUMPUR, March 13 (Reuters) – Malaysia’s state oil firm Petroliam Nasional Berhad (PETR.UL) on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger…

Garbage piles up in Paris as Macron vows to push through pension reform

[ad_1] PARIS, March 10 (Reuters) – Garbage piled up in Paris streets and fuel deliveries were blocked from refineries as workers continued rolling strikes against pension reform but President Emmanuel…