Search Results for: Horizon
Sanctions force another company out of Russia’s oil boom
October 9th, 2014
Western sanctions against Russia have led Royal Dutch Shell to discontinue its work with Gazprom Neft extracting shale oil from a field in Siberia. In announcing Shell’s suspension on its website, Gazprom Neft, part of the Kremlin-run gas monopoly ...
U.S. Oil Export ban no longer necessary says Exxon Chief
October 7th, 2014
Rex Tillerson, ExxonMobil’s CEO, says the ban on exports of U.S. crude oil that’s been in effect for decades is no longer necessary and a lifting of regulatory constraints on liquefied natural gas (LNG) would increase America’s energy and ...
BP asks judge to reconsider ‘gross negligence’ ruling
October 3rd, 2014
BP Plc (BP.L) on Thursday asked a U.S. court to reconsider a September ruling that found the company “grossly negligent” for the 2010 oil spill in the Gulf of Mexico, a finding that boosted its potential liabilities by about ...
OSB Daily Technical Analysis- Indices
September 24th, 2014
OSB Daily Technical Analysis for September 24, 2014 S&P 500 Further consolidation of the S&P500 on Tuesday dipping below 20DMA and testing the 50DMA. A close below the 50 DMA find support at the 1960 level. Market likely to ...
Asian shares on edge as investors brace for Fed
September 16th, 2014
Asian shares fell to 10-week lows on Tuesday as investors braced for a possible hawkish shift in the Federal Reserve’s policy stance in the lead-up to the U.S. central bank’s two-day policy meeting later in the day. Speculation that ...
BP May Owe Anglers $585 Million After Oil Spill
September 11th, 2014
People who fish recreationally in the Gulf of Mexico may be entitled to up $585 million in compensation due to lost fishing opportunities following the 2010 Deepwater Horizon oil spill. In the case of the BP spill, the money ...
Halliburton Agrees To Pay $1.1 Billion To Avoid Future Claims
September 4th, 2014
Halliburton Co. has reached a settlement in U.S. District Court in New Orleans to pay $1.1 billion to resolve most of the claims against it arising from the Deepwater Horizon oil spill in the Gulf of Mexico in a ...
BP asks court to replace administrator in Gulf spill case
September 3rd, 2014
BP Plc (BP.L) asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict ...
Vanishing euro zone inflation seen intensifying ECB policy headache
August 29th, 2014
If euro zone inflation falls deeper into the ‘danger zone’ as expected on Friday, it will at the very least complicate the European Central Bank’s plans to wait and see whether its recent policy move to ignite the euro ...
Chevron seeks for Canadian oil project up to $1.5 billion
August 26th, 2014
Chevron Corp (CVX.N) has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private equity firms, according to people familiar with the matter. ...
