Oil and Gas Projects
Mercuria closes European borrowing base
Commodities trader Mercuria has closed a $700 million borrowing base to support its European operations
Shell profits hit by lower oil prices
Third-quarter profits fall 6% as the group suffers from a glut of US natural gas due by the shale boom pushing realisations in the Americas down 38%
Investor concerns over BG revision
Oil and gas group cuts production outlook for this year and next following a series of deferrals on projects in the North Sea, USA, Egypt and Brazil
