Posted by Reuters: Business News on August 15, 2011
OSLO (Reuters) – World No.1 oil drilling contractor Transocean is to pay $1.43 billion for Aker Drilling , almost double its market price, to boost its presence in Norway and at the high-tech end of the industry.
Posted by Reuters: Business News on May 11, 2011
LONDON (Reuters) – World stocks rose for a second straight day on Wednesday thanks to favorable U.S. and European corporate earnings, while the euro slipped on uncertainty over whether debt-laden Greece would need additional financial aid.
Posted by Reuters: Business News on February 3, 2011
LONDON (Reuters) – World stocks fell and oil surged above $103 a barrel on Thursday as violence in Egypt escalated, adding to concerns about inflationary pressures which could threaten the global…
Posted by Reuters: Business News on January 26, 2011
NEW YORK (Reuters) – World stocks and crude oil gained on Wednesday, shrugging off a lukewarm outlook from the Federal Reserve, as investors latched onto the growth prospects of U.S. President Barack…
Posted by Reuters: Business News on January 2, 2011
MOSCOW (Reuters) – Russian oil output rose by 2.2 percent in 2010 to a record 10.1 million barrels per day (505.193 million tonnes) as higher prices prompted the world’s top oil exporter to ramp up…
Posted by Reuters: Business News on December 29, 2010
SINGAPORE (Reuters) – Oil steadied above $91 a barrel on Wednesday ahead of U.S. inventory data expected to show a drawdown in crude and distillate stocks in the world’s largest oil user.
Posted by Reuters: Business News on December 25, 2010
CAIRO (Reuters) – The global economy can withstand an oil price of $100 a barrel, Kuwait’s oil minister said on Saturday, as other exporters indicated OPEC may decide against increasing output…
Posted by Reuters: Business News on October 28, 2010
LONDON/HOUSTON (Reuters) – The world’s biggest oil companies, Exxon Mobil and Royal Dutch Shell ,
Posted by Reuters: Business News on September 8, 2010
LONDON/WASHINGTON (Reuters) – A BP Plc investigation of the Gulf of Mexico disaster played down the company’s role in the world’s worst offshore oil spill, seeking to share the blame with its contractors.
Posted by Reuters: Business News on March 9, 2010
LONDON (Reuters) – World stocks inched lower on Tuesday from the previous day’s six-week high and oil tumbled, while the yen rose broadly as investors grew cautious after a recent rally in riskier assets.
