Oil
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NEW DELHI (Reuters) - State-run Oil India (OILI.NS) is looking to buy stakes in U.S. gas driller Chesapeake Energy Corp.'s (CHK.N) Mississippi Lime basin and ConocoPhillips' (COP.N) oil sand assets in Canada, its head of finance said on Monday.
May 28, 2012 at 14:48 | Source: Reuters India
Oil fell for the first time in three days after Egan-Jones Ratings Co. downgraded Spain’s credit, pushing the euro to the lowest level in almost two years. Futures slipped 10 cents as Spain’s rating was cut to B from Bb-. A debate in the ...
May 29, 2012 at 23:30 | Source: Bloomberg
Oil rose to near $92 a barrel Monday as Greek polls suggested pro-austerity parties might win elections next month, raising the likelihood the country will stay in the euro common currency. In London, Brent crude for July delivery was up 96 ...
May 28, 2012 at 15:24 | Source: The Christian Science Monitor
Oil traded near the lowest settlement in almost a week in New York before a government report that may show crude stockpiles climbed to the highest level since 1990 in the U.S., the world’s biggest consumer of the commodity. Futures were ...
May 29, 2012 at 23:23 | Source: Bloomberg
Spanish oil firm Repsol said Tuesday it will stop looking for oil in Cuba after hitting a dry well drilled at a cost of more than $100 million, a blow to the island nation desperate to find its own energy sources amid deep economic hardship.
May 29, 2012 at 17:39 | Source: ABC News
NEW YORK (Reuters) - Oil prices fell on Tuesday in choppy trading, faltering after a downgrade of Spain's credit rating sent the euro to nearly a two-year low against the dollar. Egan-Jones Ratings cut Spain's credit rating for the third time in less than ...
May 29, 2012 at 20:52 | Source: msnbc.com
ABUJA (Reuters) - Nigeria's long-awaited oil law, when it finally comes, looks likely to be a botched job that gives favourable tax terms to foreign oil firms while doing little to satisfy calls for transparency and reform of a corrupt and ...
May 29, 2012 at 07:09 | Source: Reuters
Persisting worries about Europe's sovereign debt crisis crippling the continent’s economy, high U.S. crude stocks and worries about China’s growth outlook have been weighing on investor sentiment, weakening oil prices to seven-month low of ...
May 29, 2012 at 20:02 | Source: Yahoo Finance
New Delhi – Oil India Ltd. said Monday it is in talks to buy stakes in ConocoPhillips’s oil sand assets in Canada, Chesapeake Energy Corp.’s Mississippi Lime formation in the U.S. and the Gabon assets of France’s Etablissements Maurel et ...
May 29, 2012 at 05:29 | Source: Wall Street Journal
Oil India Ltd. is considering investing in Chesapeake Energy Corp. assets but will first consider the company’s recent issues with corporate governance before moving forward with any deals. According to a report from Bloomberg, Oil India has ...
May 29, 2012 at 18:36 | Source: The Business Journal