Talks between
Royal Dutch Shell,
the oil major, and unions to
resolve a strike at the Pernis
refinery in Rotterdam are to
continue, according to unions.
Venture Production,
the Aberdeen energy company, has
bought the undeveloped Ensign
gas discovery in the southern
North Sea from Royal Dutch
Shell, ExxonMobil and Centrica
for up to £13.3 million.
Shares in UK
Coal fell 7 per cent
after a consortium headed by
Alchemy Partners, the finance
group, abandoned its plans for a
£240 million takeover bid.
Anglo American,
the diversified mining giant,
will spend $43 million (£24
million) to expand the Namakwa
heavy mineral sands and smelting
facilities in South Africa.
Urals Energy,
which listed on London’s
Alternative Investment Market in
August, paid $70 million for the
production and exploration
assets in Russia’s Komi region,
which it said would boost its
output by 50 per cent.
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