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Amazon is a big winner this earnings cycle. But not the only one
Amazon trampled forecasts and its shares surged 13 per cent Friday to close at a record $1,100.95.
Oil skeptics exit as market dispels gloom to flirt with $50
Hints of relief came from everywhere. Saudi Arabia, Kuwait and UAE pledged to ship less crude.
Why is everyone still drilling for oil when crude prices are in the basement?
That's because oil majors' urgent mission to slash costs includes standardizing components used in drilling turning unprofitable wells into moneymakers.
Oil discoveries at 70-year low signal supply shortfall ahead
With oil prices down by more than half since the price collapse two years ago, drillers have cut their exploration budgets to the bone.
ONGC Videsh loses bid for two oil blocks in Mexico
ONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has lost out on its bid for two oil blocks in Mexico's first licensing round in 88 years.
GAIL to get Dabhol commissioning cargo on Dec 28
"We will receive a LNG cargo from Gazprom (of Russia) on December 28," GAIL Chairman and Managing Director B C Tripathi said here.
GAIL resumes cargo operations at Dabhol
A ship carrying maiden or the so called commissioning cargo, which will be used to prepare the site for commercial operations, had to move to high seas after the fenders lining the jetty got damaged.Manmohan Singh reaches out to Tanzania
Manmohan Singh announced a joint action plan between the National Small Industries Cooperation of India and the Small Industries Development Corporation of Tanzania.ONGC Videsh loses bid to buy stake in Angola oil block
ONGC Videsh Ltd, the overseas arm of ONGC, has lost bid to buy US energy major Exxon Mobil's 25% stake in a deep-sea oil block in Angola.Major energy companies shutting operations in Egypt
Several large energy companies including Schlumberger Ltd, Transocean and Diamond Offshore Drilling Inc with linkages here, have decided to shut down their Egyptian operations due to political instability in the arab nation.ONGC bids for stake in US energy major Exxon Mobil
ONGC Videsh Ltd, the overseas arm of state-owned ONGC, has bid for US energy major Exxon Mobil's 25 per cent stake in a deep-sea oil block in Angola.RIL set to buy 40% in Atlas shale gas arm for $1.7 bn
The nation’s biggest co to invest $340 mn for stake and pay Atlas’ drilling expenses of up to $1.36 bn over next five-and-a-half years. RIL finds more gas in KG basinFrance's Total SA reports Q2 profit up by 38%
France's Total SA on Friday reported continued big profit gains in the second quarter _ before record oil prices began to falter _ with net income up 38.7 percent to euro4.73 billion ($7.38 billion).Venezuela does not plan on halting oil exports to the US
President Hugo Chavez sent a soothing message to American motorists, saying that Venezuela is not preparing to cut off oil shipments to the United States.Load More
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