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NYMEX-Crude holds near $105 on U.S. manufacturing data

SINGAPORE, April 3 (Reuters) – U.S. crude futures held near $105 a barrel on Tuesday, after gaining sharply in the previous session on better-than-expected manufacturing data from the U.S. and China, the world’s two largest oil consumers. The upbe…  More »

PRESS DIGEST – British business – April 3

A London-listed gaming company, 888 Holdings, is in talks with Donald Trump to exploit the looming legislation of online gambling in America.  More »

KEPCO plans talks with UAE on 4 more nuclear plants – CEO

SEOUL, April 3 (Reuters) – Korea Electric Power Corp (KEPCO) said it will begin talks next year with the United Arab Emirates on a new deal for four nuclear power plants, and plans to spend 800 billion won ($706.06 million) this year on overseas resou…  More »

TEXT-S&P Rates United Energy Distribution’s MTN Prog, Issue ‘BBB’

SYDNEY (Standard & Poor’s) April 3, 2012–Standard & Poor’s Ratings Services today said that it had assigned its ‘BBB’ long-term ratings to United Energy Distribution Pty Ltd.’s (UED; BBB/Stable/NR) A$400 million medium-term note (MTN) program and UED’s proposed initial A$200 million bond issue. The senior unsecured notes are expected to be issued with a coupon of 6.6% and a tenor of five years. The proceeds of the bond issue are to be used to refinance a A$150 million senior unsecured …  More »

Sembcorp Marine wins $568 mln rig contract

SINGAPORE, April 3 (Reuters) – Sembcorp Marine Ltd , the world’s second largest rig builder, secured $568 million contract to build an ultra-deepwater semisubmersible rig for a subsidiary of offshore drilling company Seadrill Ltd .  More »

UPDATE 1-First Utica oil and gas results mixed

* State releases first results from Utica shale * Data gives hint of Utica potential * Some still have doubts By Edward McAllister and Selam Gebrekidan NEW YORK, April 2 (Reuters) – Five wells began producing oil and gas with mixed r…  More »

PRESS DIGEST-Australian General News – April 3

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.  More »

CANADA STOCKS-TSX marks biggest gain in 6 wks on China, US data

* TSX ends up 114.88 points, or 0.93 percent, at 12,507.06 * Eight of 10 sectors stronger as resources, banks climb * Strong Chinese manufacturing offsets weak euro zone data By Claire Sibonney TORONTO, April 2 (Reuters) – Toronto’s m…  More »

UPDATE 9-Oil rises 2 pct on N.Sea delays, U.S. data

* BP’s shut platform delays N. Sea cargoes, lifts oil price  More »

US Cash Products-Harbor gasoline rallies on supply issues

NEW YORK, April 2 (Reuters) – East Coast gasoline rallied on Monday, with conventional blendstock fuel leading the way as a regional refiner, a pipeline company and a trading house bought prompt barrels following logistical problems on a local pipeline…  More »

CORRECTED-UPDATE 1-BP: U.S. hiding evidence on size of Gulf oil spill

March 30 (Reuters) – BP Plc has accused the U.S. government of withholding evidence that may show the 2010 Deepwater Horizon oil spill in the Gulf of Mexico was smaller than federal officials claimed, a key issue in determining the oil company’s liabil…  More »

Asia Fuel Oil-Prices rebound, supplies to tighten

April 2 (Reuters) – Asia’s fuel oil prices strengthened on Monday, despite slightly lower crude prices from the previous session, as players made a push on the 380-centistoke (cst) grade on the first day of the April pricing month on expectations of ti…  More »

UPDATE 1-ENRC shareholders back Shubarkol Komir deal

LONDON, April 2 (Reuters) – Independent shareholders in ENRC approved the Kazakh miner’s proposed $650 million acquisition of the outstanding 75 percent of Kazakh coal producer Shubarkol Komir from its founder investors.  More »

Indian stocks start quarter with gains; banks rally

* Govt spending seen easing banks’ liquidity crunch * Tata Motors rise after March sales By Manoj Dharra MUMBAI, April 2 (Reuters) – Indian shares rose for a second session in a row on Monday, as banking stocks rallied on expectations the cash crunch that had constrained the sector would ease in the new fiscal year thanks to government spending and a more vigilant central bank. Sentiment was supported by limited foreign selling of Indian stocks, despite fears last week …  More »

ACÇÕES PORTUGAL-PSI20 em queda, mas Cimpor dispara 10 pct com ‘bid’

LISBOA, 2 Abr (Reuters) – A bolsa portuguesa inverteu dos ganhos da abertura e segue em terreno negativo, como a Europa, com os investidores a tomarem mais-valias, enquanto a Cimpor destoa em forte alta, após ser alvo do ‘takeover’ pelo seu maior acc…  More »