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  • Weaker oil stocks hit European equities, UBS drops Tuesday, 10 Feb 2015 | 4:44 AM ET

    LONDON, Feb 10- European shares fell for a second day on Tuesday, with energy stocks hurt most after crude prices slid again on concerns about oil demand in China. "It's difficult to see a big recovery in oil prices in the near term as the upside is limited in the current environment because of the huge supply glut," Peter Dixon, equity strategist at Commerzbank, said,...

  • *Also hope he can copy asset sale success of Statoil. LONDON, Feb 9- Britain's BG Group rushed in its new chief executive nearly a month early on Monday after reporting a $6 billion writedown last week that underlined the huge turnaround task he faces. Helge Lund, Statoil's former CEO, will have to work against the clock if he is to replicate the success he wrought...

  • LONDON, Feb 9- Helge Lund began work as the new chief executive of BG Group on Monday, joining the oil and gas firm three weeks earlier than expected to help it restructure in the face of slumping oil prices. Lund, who had been due to join the firm on March 2, joins the group a week after it wrote down the value of its business by $6 billion, forcing it to cut budgets and jobs...

  • Lund starts new BG CEO role early Monday, 9 Feb 2015 | 2:13 AM ET

    LONDON, Feb 9- Helge Lund began work as the new chief executive of BG Group on Monday, joining the oil and gas firm three weeks earlier than expected after gaining agreement from his previous employer Statoil. Lund had been due to join the firm on March 2. BG said Andrew Gould, who had been serving as interim executive chairman of BG since April 2014, would return to his...

  • Europe ends week sharply higher after ECB easing Friday, 23 Jan 2015 | 11:32 AM ET

    European markets closed sharply higher on Friday, cheering the European Central Bank's (ECB) decision to launch a full-scale bond-buying program.

  • Europe tumbles, DAX closes 2% lower after Sydney siege Monday, 15 Dec 2014 | 11:31 AM ET

    Europe closed sharply lower on Monday with earlier gains seen in the price of oil reversed after heavy gunfire was heard outside a Sydney cafe.

  • US oil ends over $99 on Cushing hopes Tuesday, 6 May 2014 | 2:37 PM ET
    Oil fracking

    U.S. crude rose as expectations of a build in inventories were undermined by record low stocks at the benchmark's Cushing delivery point.

  • Is a US-style shale revolution coming for Australia? Monday, 14 Apr 2014 | 10:07 PM ET
    Ancient geological strata of shale or mudstone revealed in weathered sandstone hills.

    Australia has several characteristics conducive for commercializing its shale-rich regions.

  • What's the outlook for LNG? Tuesday, 18 Mar 2014 | 12:41 PM ET
    What's the outlook for LNG?

    Andrew Walker, head of LNG strategy at BG Group, says that while Ukraine has had little impact on the LNG market so far, it will be "tight" towards the end of the decade.

  • ‘Absolute core’ of UK economy hit by storms Monday, 17 Feb 2014 | 5:56 AM ET

    Heavy storms that have flooded around 6,000 U.K. homes could knock more than 1 percent off economic growth, a U.K. economist told CNBC on Monday.

  • Europe shares close down as autos drag Friday, 26 Jul 2013 | 11:30 AM ET

    European shares closed down on Friday, ending the week with a slight loss, after a choppy trading session which saw Rolls Royce and Daimler drag European bourses lower following analyst downgrades.

  • Some Victims of Online Hacking Edge Into the Light Thursday, 21 Feb 2013 | 8:09 AM ET
    Mike Baute

    Hackers have hit many U.S. companies, but few have admitted it. Now, some are going public, reflecting new ways of judging the risks and benefits of such moves.

  • Europe Shares Bounce Back; KPN Sinks Tuesday, 5 Feb 2013 | 9:30 AM ET

    European shares rose on Tuesday as signs of economic recovery in the euro zone helped soothe investors' worries a day after the return of political risks in Spain and Italy sparked a selloff in stocks.

  • LONDON, Nov 1- Norwegian shipper Golar LNG made big waves on Thursday by ordering its first floating liquefied natural gas plant, an innovation that analysts said could loosen the grip on LNG production enjoyed by oil majors.

  • *BG blames Brazil tie-ins, Egypt, North Sea, U.S. for shortfall. *Agrees $1.93 deal with China's CNOOC. LONDON, Oct 31- British oil and gas firm BG Group told investors to expect no output growth in 2013 due to project delays and other factors, prompting a dive in its highly rated share price that wiped out as much as a fifth of its value.

  • *U.S. stocks trade flat as Wall Street reopens after 2- day closure. *Oil settles below $109 a barrel in face of potential supply rupture.

  • *U.S. stocks near break-even as Wall Street reopens after 2- day closure. *Oil settles below $109 a barrel in face of potential supply rupture.

  • European shares hit by BG production warning Wednesday, 31 Oct 2012 | 4:52 PM ET

    LONDON, Oct 31- European stocks dipped on Wednesday, led by heavyweight British oil and gas firm BG Group after it warned it would show no production growth next year. BG Group sank 13.7 percent in hefty trading volume of near sixteen times its 90- day daily average, accounting for nearly a third of the total index points fall.

  • *BG blames Brazil tie-ins, Egypt, North Sea, U.S. for shortfall. *Agrees $1.93 deal with China's CNOOC. LONDON, Oct 31- British oil and gas firm BG Group told investors to expect no output growth in 2013 due to project delays and other factors, prompting a dive in its highly rated share price that wiped out as much as a fifth of its value.

  • *U.S. stocks higher as Wall Street reopens after 2- day closure. LONDON, Oct 31- World shares and the euro edged up on Wednesday as a storm-hit Wall Street began trading after its two-day closure and investors looked ahead to economic data later in the week.