Posts Tagged ‘phoenix’

TransCanada runs low on cash fuel

by on October 30, 2012 2:34 pm BST
Net income fell to C$369 million ($369.2 million) in the third quarter from C$384 million a year earlier as revenue dropped 4% to C$2.13 billion, Reuters reported.Revenue for Canadian Mainline, a 14,101-kilometre natural gas pipeline, fell 6% to C$247 million in the quarter.Canada's largest pipeline company said it

GLOBAL MARKETS-Shares slip on weak company results, euro falls

by on October 24, 2012 8:46 pm BST
Wed Oct 24, 2012 4:46pm EDT * No mention of improving labor market from Fed weighs on stocks * Euro slips after on latest sign of euro zone economic malaise* Oil falls on rising crude inventories, weak euro zone dataBy Angela Moon and Herbert LashNEW YORK, Oct 24 (Reuters) - Global shares fell on

Apache enters offshore Oz play

by on October 18, 2012 8:45 am BST
Japan's JX Nippon has also taken a chunk of the Phoenix blocks for which Australian independent Carnarvon has recently been seeking farm-in partners.Apache is taking a 40% stake in the two permits with JX Nippon coming in for 20%. This leaves current 50-50 partners Carnarvon and Finder Exploration on 20

Norwegian pair fined over insider ‘violations’

by on September 7, 2012 1:53 pm BST
Det Norske Oljeselskap has now decided to change its procedures in relation to listing of company insiders when drilling wells after being hit with the Nk1 million ($173,000) fine by the Okokrim unit.Okokrim has penalised the company for allegedly including too many people on the list of those