Energy Update
LONDON, March 12 (Reuters) - UK shares rose on Thursday, led by domestic bank TSB after it received a takeover offer, and by drugs group AstraZeneca on optimism about key trial results.
OTTAWA, March 12 (Reuters) - Do not count on the Bank of Canada to match possible interest rate hikes by the U.S. Federal Reserve, one of the Canadian central bank's economists suggested on Thursday.
MILAN, March 12 (Reuters) - Italian gas company Snam will spend more than 5 billion euros over the next four years to upgrade its grid as it looks to play a leading role in Europe's plans to make gas supplies more secure.
HOUSTON, March 11 (Reuters) - Blueknight Energy Partners LP has increased storage rates and lengthened contracts at the key U.S. oil hub in Cushing, Oklahoma, which is expected to reach full capacity in the next two months due to cheap crude supplies.
* U.S. stocks gain, powered by bank shares (Updates to U.S.
OSLO, March 12 (Reuters) - A fall in oil prices may help long-term exploitation of fossil fuels in the Arctic by averting a short-lived "gold rush" into the vulnerable icy region, Norway's Foreign Minister Boerge Brende said on Thursday.
LONDON/DUBAI, March 12 (Reuters) - Saudi Aramco, the kingdom's state oil giant, is close to completing a $10 billion tightly-priced loan, banking sources said on Thursday, part of which could be used to back the purchase of a stake in German synthetic rubber firm Lanxess.
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