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Daily Telegraph: Database: Energy: Tuesday 06 March 2007

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

ENERGY

• BP said it bought Chevron Corp’s 31pc stake in the Nerefco oil refinery in Rotterdam, bringing the facility under its full ownership.

• Royal Dutch Shell won two exploration permits off the north-western coast of Australia as it intensifies a search for natural gas supplies for LNG production.

• Sibir Energy, a company that extracts oil in Russia, agreed to pay $50m (£26m) for licences to eight oil blocks in the Khanty-Mansiisk region of western Siberia.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/03/06/cxbloom06.xml

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