Tom Bergin
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OMV says needs acquisitions to grow output
LONDON, Nov 27 (Reuters) - Austrian oil and gas company OMV <OMVV.VI> said it was sticking to its 2010 production target of 350,000 barrels of oil equivalent per day but additional growth in the following years would only be possible with acquisitions. ... Full Article
Heritage sells fields to Eni, ends Genel talks
LONDON (Reuters) - British oil explorer Heritage Oil <HOIL.L> agreed to sell its Ugandan interests to Italian Eni <ENI.MI> for up to $1.5 billion, enabling Heritage to back out of a planned Kurdish tie-up which Iraqi political disputes made ... Full Article
Shell says delays Qatargas 4 start-up by 10 months
LONDON, Nov 23 (Reuters) - Royal Dutch Shell <RDSa.L> said it had delayed startup of its Qatargas 4 liquefied natural gas project by 10 months due to contractors struggling to keep up with the pace of developments in Qatar's gas industry. Full Article
UPDATE 1-Heritage sells fields to Eni, ends Genel talks
LONDON, Nov 23 (Reuters) - UK-explorer Heritage Oil <HOIL.L> said it had agreed to sell its Ugandan interests to Italy's Eni <ENI.MI> for up to $1.5 billion as the Italian oil major continues to build its presence in Africa through acquisition. ... Full Article
Heritage eyeing big takeovers after selling fields
LONDON (Reuters) - UK oil explorer Heritage Oil <HOIL.L> said it was eyeing large takeovers after selling its Ugandan interests for up to $1.5 billion, with transactions worth hundreds of millions of dollars a possibility. Full Article
UPDATE 3-LSE fines Regal Petroleum for misleading investors
LONDON, Nov 17 (Reuters) - The London Stock Exchange (LSE) fined oil explorer Regal Petroleum <RPT.L> 600,000 pounds ($1 million) for misleading investors in what analysts said was a "slap on the wrist" that failed to punish anyone involved. Full Article
UPDATE 3-LSE fines Regal Petroleum for misleading investors
LONDON, Nov 17 (Reuters) - The London Stock Exchange (LSE) fined oil explorer Regal Petroleum <RPT.L> 600,000 pounds ($1 million) for misleading investors in what analysts said was a "slap on the wrist" that failed to punish anyone involved. Full Article
Another Dragon Oil investor rejects ENOC bid
LONDON (Reuters) - Another shareholder in explorer Dragon Oil <DGO.L> said it would reject a takeover bid from controlling shareholder Emirates National Oil Company (ENOC), that values Dragon at $3.9 billion. Paris-based Carmignac Gestion said the ... Full Article
UPDATE 1-Another Dragon Oil investor rejects ENOC bid
LONDON, Nov 16 (Reuters) - Another shareholder in explorer Dragon Oil <DGO.L> said it would reject a takeover bid from controlling shareholder Emirates National Oil Company (ENOC), that values Dragon at $3.9 billion. Paris-based Carmignac Gestion ... Full Article
RPT-UPDATE 1-Total admits safety breaches in fuel depot blast
LONDON, Nov 13 (Reuters) - French oil major Total <TOTF.PA> has admitted safety breaches and to polluting ground water, in connection with an explosion at a fuel depot in England in 2005. Full Article
