British supermajor BP has called on contractor Halliburton to pay all costs and expenses it incurred to clean up the Gulf of Mexico oil spill, which BP previously put at around $42 billion.
British supermajor BP has called on contractor Halliburton to pay all costs and expenses it incurred to clean up the Gulf of Mexico oil spill, which BP previously put at around $42 billion.
Gold has always been viewed as one of the safest investments. It is less susceptible to politics and economic change than currency, and rarely looses value. However there is another rare metal that is considered an even better investment; Platinum. Platinum Guild International names platinum as the “most precious” of the precious metals for several…
February Crude Oil had a weak follow-through to the upside after a powerful rally the week before. The thin holiday trade was probably the biggest reason for the lack of follow-through. From a technical perspective, the feeble rally suggests that the strong rally from the week before was likely heavy short-covering rather than new buying.…
CARACAS — An international arbitration panel awarded ExxonMobil about $908 million in a verdict over nationalized oil assets, according to a spokesman for the company. The decision, by an arbitration court at the International Chamber of Commerce, "confirms that [state owned oil company Petroleos de Venezuela SA] does have a contractual liability to ExxonMobil," spokesman…
India has moved to attract foreign capital by allowing individual overseas investors to put cash directly into Indian stocks
Iran said that it would launch full-scale unilateral development of the disputed offshore Arash gas field in the Persian Gulf if Kuwait does not respond to its offer of joint development, according to a report.