Posts Tagged ‘corporation’

Murphy Oil announces drilling results and new Australia block

by on November 21, 2012 1:16 pm BST
Murphy Oil announces drilling results and new Australia blockEL DORADO, ARK. -- Murphy Oil Corporation announced today the results of its recent drilling offshore Republic of the Congo in the Mer Profonde Nord (MPN) permit and entry into a new block offshore Australia.The Opale Marine - 1 well in the MPN Block

Petronas extends deadline on $5.2bn Progress deal

by on November 20, 2012 3:21 pm BST
The new closing date of 30 December follows an earlier extension to 30 November in the wake of the Canadian government’s rejection of the deal in late October. Industry minister Christian Paradis said then that the purchase was being rejected because it was unlikely to bring a “net benefit” to Canada.The

South Sudanese exports to resume ‘within days’

by on November 19, 2012 10:55 am BST
South Sudan plans to resume oil exports this week, nearly a year after they were halted by the dispute with neighbour Sudan that has deprived both states of badly needed revenue and brought them close to another war.Juba’s information minister Barnaba Benjamin said that major oil fields in the

FOREX-Yen hits 7-mth low as likely next government calls for easing

by on November 19, 2012 6:12 am BST
Mon Nov 19, 2012 1:12am EST * Yen hits lowest level vs dollar since late April * Some say yen looks oversold, may stabilise near-term* But yen seen staying weak in the medium termBy Masayuki KitanoSINGAPORE, Nov 19 (Reuters) - The yen hit a seven-month low against the dollar on Monday, hurt