Posts Tagged ‘cash’

Oz injects $119m to improve resource potential

by on November 14, 2012 5:20 am BST
Speaking at the launch of a report by the Committee for Economic Development of Australia (CEDA) on Australia’s energy options, Ferguson said the government had locked in A$34 million for the 2013 financial year and A$40 million per year for the following two years to fund a range of activities at

U.S. bond and stock funds gain demand amid election hype -Lipper

by on November 9, 2012 1:05 am BST
Thu Nov 8, 2012 8:05pm EST By Sam Forgione NEW YORK, Nov. 8 (Reuters) - U.S.-based investment-grade corporate bond funds attracted the most new money in a single week in nearly 21 years as the U.S. presidential election and Europe's troubles shook markets, data from Thomson Reuters' Lipper service showed on

Cyprus ignores Turkey’s threats

by on November 5, 2012 3:44 am BST
Sharpened rhetoric between the two neighbours bitterly divided by a war almost 40 years ago underscores tensions in the east Mediterranean over a potential oil and gas bonanza worth billions.Reuters reported Cyprus saying on 30 October that it would start talks with multinationals including Italy's Eni, South Korea's Kogas, France's Total

Tullow in talks for Guinea farm-in

by on October 29, 2012 10:41 am BST
Tullow Oil is engaged in exclusive talks for the possible acquisition of a major stake in Hyperdynamics’ contract area off Guinea that could see the UK independent take over operatorship.Cash-strapped Hyperdynamics, which has been seeking to offload part of its 77% stake in the concession amid drilling difficulties,