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Daily Telegraph: Database: Energy: Thursday 21 December 2006

Last Updated: 12:39am GMT 21/12/2006

A round-up of headlines from across the financial sectors, provided by Bloomberg News

ENERGY

• British Energy delayed the restart of four reactors by more than two months for further repairs.

• BP is considering creating the post of chief operating officer to ease the transition for a successor to Chief Executive Officer John Browne, a spokesman said.

• The government will announce plans next year to develop 17pc of the oil and gas reserves in the North Sea west of Shetland, in a bid to curb reliance on imports.

• Royal Dutch Shell said it has ended talks about investing in a 19.3 billion yuan ($2.5-billion) oil refinery being built by China National Offshore Oil in southern China.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/12/21/cxbloom21.xm

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