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The Dow experienced a volatile holiday shortened week, suffering losses during two trading sessions. Investors continued to remain concerned about rising inflation and surging bond yields. Disappointing results from a key component also weighed on the index. At the same time, encouraging jobs data helped the index notch up gains. (71-0)
LOKICHAR, Kenya (Reuters) - In the decades before oil was discovered in the northern Kenyan region of Turkana South, 100,000 poor villagers living in arid scrubland relied on a lone church-run health center in Lokichar town for medical help.
The Eurozone was a strong performer in 2017, owing to strong economic growth and fundamentals. However, the global market sell-off in early February might have weighed on the performance of the 19-nation bloc (read: ECB Leaves Interest Rate Unchanged: ETFs in Focus). (23-0)
CARACAS (Bloomberg) -- At 6:40 a.m., Pablo Ruiz squats at the gate of a decaying refinery in Puerto La Cruz, Venezuela, steeling himself for eight Sisyphean hours of brushing anti-rust paint onto pipes under a burning sun. For breakfast, the 55-year-old drank corn-flour water.
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Cyprus would supply Egypt from Aphrodite field, which was discovered by Noble Energy Inc. and contains an estimated 4.5 Tcf of gas. Noble Energy, with Delek Drilling-LP, said Monday it plans to sell gas to Egypt’s Dolphinus Holdings Ltd. from Israel’s Tamar and Leviathan deposits. Egypt’s government still must approve the proposed 10-year deal for shipments from Israel, the Egyptian oil ministry said Tuesday in an emailed statement. (21-0)
RIO DE JANEIRO, Feb 21 (Reuters) - Brazilian oil regulator ANP said it approved Wednesday the participation of 14 companies in an oil round to be held on March 29. (63-0)
The largest five individual stock positions are Cisco Systems, Berkshire Hathaway, Baidu Inc., Johnson & Johnson, and Alphabet and they account for ~45% of the portfolio. (408-1)
New Delhi: Royal Dutch Shell Plc, the world’s second-biggest publicly traded oil company, plans to acquire a majority stake in Hyderabad-based rooftop solar firm Fourth Partner Energy, two people aware of the development said. (24-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (21-0)
HOUSTON , Feb. 20, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (NYSE:NBL) ("Noble Energy" or the "Company") today announced fourth quarter and full-year 2017 financial and operating results. Highlights include: (3-0)
ExxonMobil Corporation (XOM - Free Report) and Total SA (TOT - Free Report) have proposed major expansion plans in the Papua New Guinea (PNG) liquefied natural gas (LNG) plant, per their partner Oil Search Ltd. Per the analysts, the expansion plan is aimed to increase gas exports from the PNG LNG plant by two fold to about 16 million tons at a cost of about $13 billion. The plan will include the addition of three LNG units, or trains. (4-0)
MELBOURNE (Reuters) - Global giants ExxonMobil Corp (XOM.N) and France’s Total SA (TOTF.PA) have reached broad agreement on plans to double gas exports from Papua New Guinea, their partner Oil Search Ltd (OSH.AX) said on Tuesday. (1-0)
Feb 20 (Reuters) - Australia’s Oil Search on Tuesday reported a near threefold rise in annual core profit, underpinned by robust sales and rising oil and gas prices, and outlined a major expansion in Papua New Guinea. (1-0)
MELBOURNE, Feb 20 (Reuters) - ExxonMobil Corp, Total SA and their partners in gas projects in Papua New Guinea (PNG) have broadly agreed on how they want to expand the PNG LNG project using gas from new and existing fields, Oil Search Ltd said on Tuesday. (1-0)