Oil
09:59 :
Gold Near Record High amid European Banking Concerns -
Investors took profits after the post-payrolls rally last week. Renewed worries about the stability of the European banking system shook confidence and triggered selloffs in stocks, currencies and commodities with
gold as an exception. WTI ...
09:57 :
BP to admit partial blame for Deepwater oil spill -
Report likely to show
BP workers misread crucial pressure readings hours before explosion, but will accuse rig owners Transocean over integrity of blowout preventerBP is expected to admit today that it was partly to blame for the Deepwater Horizon ...
05:58 :
BP set to reveal findings of oil rig probe -
BP will on Wednesday give its first full account of the causes of the Deepwater Horizon disaster, and is expected to say that there were failures committed by
BP but also by other companies involved in drilling the Macondo well
19:33 :
Transocean UK boss clashes with MPs -
Oil chiefs insist that Britain's
oil rig safety regime in the North Sea does not need to be overhauledThe UK head of Transocean, the operator of the Deepwater Horizon rig in the Gulf of
Mexico, has clashed angrily with ...
22:53 :
Russia: Chain retraction -
When PwC withdrew 10 years of audits of the Yukos
oil group it set loose a series of events that, while protecting its position in a rapidly growing market, are still having repercussions
13:27 :
China's CNOOC to sell gas to Guangdong -
CNOOC Gas Power Group Ltd, a subsidiary of
China National Offshore Oil Corp has signed a gas purchase and supply agreement with Guangdong Provincial Natural Gas pipeline Corp on August 26th.
02:02 :
BP restarts sale of Alaskan assets - report -
LONDON (Reuters) -
BP has revived the sale of its Alaskan assets after failing to offload them to U.S.
oil and gas company Apache (Apache Corp) in July, the Financial Times reported on Monday. Citing banking sources, the newspaper ...
19:43 :
Gold, oil end lower again in New York -
Oil and
gold prices closed lower again for a third straight week as number of market trends turned against these hot commodities towards the end. The black
gold dipped as a disappointing service sector report and fading ...
13:37 :
BP disaster costs rise to $8bn -
The
oil group said the costs associated with the Gulf of
Mexico oil spill have risen by $2bn in the last month to $8bn and that it expected the relief well currently under construction to be completed by mid-September
12:36 :
BP oil spill costs hit €8bn -
BP has said the cost of dealing with its
oil spill in the Gulf of
Mexico had risen to $8 billion as the
oil giant prepared to release the findings of an internal probe into the causes of the disaster.
11:10 :
BP oil spill costs hit £5 billion -
LONDON (Reuters) -
BP Plc said the cost of dealing with its
oil spill in the Gulf of
Mexico had risen to $8 billion (5 billion pounds) as the
oil giant prepared to release the findings of an internal probe into ...