Posts Tagged ‘contracts’

UPDATE 1-Speculators increase long U.S. dollar bets in latest week

by on November 16, 2012 9:15 pm BST
Fri Nov 16, 2012 4:15pm EST NEW YORK, Nov 16 (Reuters) - Currency speculators boosted bets in favor of the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position rose to $4.72 billion in the week

ExxonMobil ‘talks with majors’ on West Qurna

by on November 9, 2012 11:51 am BST
China’s CNPC and Eni of Italy have joined the list of names already thought to include Russia’s Lukoil to be in talks with the Texan behemoth about the stake.Iraqi officials revealed earlier this week that ExxonMobil has informed the government of its official intention to relinquish its share in

Lukoil ‘studying ExxonMobil Iraq offer’

by on November 9, 2012 9:58 am BST
Lukoil is studying the offer from the US supermajor regarding its stake in the West Qurna-1 oilfield which it has reportedly this week officially told Iraq’s government it is leaving."We received an offer from Exxon. We will likely study this possibility. But we haven't make any decision today,"

Pemex reports profit uptick

by on October 30, 2012 9:04 pm BST
Mexico's state oil company reported third-quarter revenues of 408.9 billion pesos ($31.8 billion) in the July to September period, up 4.3% compared with the third-quarter of 2011, Reuters reported.Pemex posted a net loss of 81 billion pesos for the year-earlier period on revenue totaling 392 billion pesos.The company said