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Added on the 04/05/2016 14:24:49 - Copyright : Reuters EN
Shell has agreed to buy BG Group for £47 billion, in what is the first oil super merger in a decade. Kirsty Basset looks at why the M&A route is an attractive option.
BP reports a near halving in Q3 earnings and cuts its investment plans by another $1 billion - but beats estimates. And, as Hayley Platt reports, a strong set of numbers from Shell also came in ahead of forecasts
Nearly 200 nations have agreed a binding deal to cut greenhouse gases used in refridgerators and air conditioners. Paul Chapman reports.
BP says it could cut capital spending further after reporting an 80 percent drop in profits in the first quarter of the year, when oil prices touched a near 13-year low. As Hayley Platt reports, the British oil company is the first major to report on one of the weakest quarters.
UK Finance Minister George Osborne says he will cut public spending further as he misses his targets for bringing down national debt, in a budget dominated by reductions in GDP forecasts and the implementation of a tax on sugar.
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