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Daily Telegraph: Database: Saturday 24 March 2007

Last Updated: 2:22am GMT 24/03/2007: A round-up of headlines from across the financial sectors, provided by Bloomberg News.

ENERGY

• BP’s Russian unit said it will bid for bankrupt OAO Yukos Oil’s stake in OAO Rosneft in an effort to build “strategic” ties with the state oil company.

• Royal Dutch Shell reopened a pipeline in Nigeria that was shut following a spill earlier this month and started boosting production, which had been cut by 187,000 barrels a day.

• Tersus Energy said its full-year pre-tax loss narrowed after the company sold its stake in Dynamotive Energy Systems Corp.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/03/24/cxbloom24.xml

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