Royal Dutch Shell profits almost double BBC News Second-quarter profits at oil giant Royal Dutch Shell have almost doubled after the firm completed a year-long corporate restructuring programme. | The firm reported profits of $4.5bn (£2.9bn) on a current cost of supplies basis, up from $2.3bn a year ago. | But it marked a drop from the $4.9bn it ...
Gold regains strength on dollar; ETF down 1% Mining Weekly | SINGAPORE - Gold rebounded on Thursday as the US dollar weakened against other currencies but gains could are seen limited after holdings in the world's largest gold-backed ETF dropped to their weakest since early June. | While jewellers were happy to buy at lower levels, uncertainties in the outl...
New policy to manage U.S. waters in place Denver Post | RelatedJul 20:China seaport awash in oilBP cap to stay despite leaking oil, gasJul 19:BP: Cap will hold; feds say not so fastJul 18:Past oil spills give Gulf Coast possible peek at its futureJul 17:Oil-well readings puzzle engineers as pressure slo...
Geokinetics Provides Update on the CFO Position and Announces New Management Changes redOrbit | HOUSTON, July 19 /PRNewswire-FirstCall/ -- Geokinetics Inc. (NYSE Amex: GOK) today announced that Scott A. McCurdy, Senior Vice President and Chief Financial Officer, has agreed to delay his departure date from the Company and remain with Geokineti...
Obama launches new national policy to strengthen management of oceans Hartford Courant (AP) — The administration on Monday announced a new national policy for strengthening the way the U.S. manages its oceans and coasts, and the Great Lakes. | Officials said the framework is needed now more than ever following the massive Gulf oi...
Obama launches new national policy to strengthen management of oceans Orlando Sentinel WASHINGTON (AP) — The Obama administration on Monday announced a new national policy for strengthening the way the U.S. manages its oceans and coasts, and the Great Lakes. | Officials said the framework is needed now more than ever following th...
AP / Patrick Semansky
Vast oil slicks all but disappear in Gulf of Mexico Irish Times | LARA MARLOWE in Washington | THE FIERY explosion of the Deepwater Horizon oil rig that killed 11 men on April 20th was followed by images of stricken wildlife, acrimonious hearin...
Oil prices slide on US inventory data The Times Of India NEW YORK: Oil prices fell on Wednesday after a huge unexpected jump in crude stockpiles in the United States added to nerves caused by fading consumer confidence. | New York's main...
US hopes for Iran nuclear talks Al Jazeera | The United States has said it hopes to hold talks with Iran soon and would be prepared to follow up on a plan to provide fuel for Iran's research reactor in exchange for low-enri...
GE Shipping April-June net up, beats f'cast The Times Of India MUMBAI: Great Eastern Shipping Co Ltd said on Thursday it posted a 12 per cent rise in net profit for the June-quarter on foreign currency gains, beating analysts forecasts. The firm posted a consolidated net profit of Rs 1.7 billion in April-June co...
Pipavav Shipyard to adopt new name The Times Of India MUMBAI: Nikhil Gandhi-controlled Pipavav Shipyard will change its name to reflect its increased focus on manufacturing of naval and coast guard vessels for the Indian Navy. | “The current name does not do justice to the business the company is into...
box funds perform as bubbles burst -Mulvaney The Guardian * Performed when Internet bubble burst, Lehman collapsed * Performance poor this year, but investors undeterred By Maytaal Angel LONDON, July 29 (Reuters) - Black-box funds based on mathematical models give investors a means of reducing risk and can ...
Reid unveils pared-down energy and oil bill Herald Tribune | WASHINGTON - Senate Majority Leader Harry Reid unveiled a draft of energy and oil spill legislation Tuesday, having to settle for a far less sweeping bill than the cap on carbon emissions he had hoped for. | Reid, D-Nev., was forced last week to give up the cap on carbon, which is blamed for global warming, when it became clear he didn't have the...
Shell may team up with Woodside rival Chevron The Australian | SHELL is likely to join Chevron's giant Wheatstone liquefied natural gas project in competition with Woodside Petroleum's Pluto project. | The chances of Shell linking with Chevron have increased with the offshore exploration success of the two companies in Western Australia. | Shell yesterday said it was looking at commercial terms und...