Archive for January 2010
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An oil price at between $70 to $80 a barrel is reasonable, Saudi Arabia's deputy oil minister reiterated on Sunday, adding that it was too early to predict the outcome of OPEC's next meeting in
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Opec members achieved a 66 percent compliance last year with agreed crude output targets, a senior Iranian oil official was quoted as saying on Sunday, describing it as a "success". The producer group decided at
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Iraq's Oil Ministry and a group led by Italian oil major Eni will sign a final deal for the development of the Zubair oilfield on January 22, Iraqi Oil Minister Hussain al-Shahristani said on Sunday.
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The euro is in a rough spot. And it could be there for years. The economic and financial crisis has ballooned budget deficits in Greece, Ireland and several other member countries - exposing one of
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BMW said Sunday it will put all staff at the German carmaker's main factory near Munich back on full-time work at the end of this month. Currently 8,300 staff at the Dingolfing plant are working
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BMW said Sunday it will put all staff at the German carmaker's main factory near Munich back on full-time work at the end of this month. Currently 8,300 staff at the Dingolfing plant are working
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Nokia said it would defend itself vigorously against Apple's new complaint to the United States International Trade Commission. The two phone giants are in the midst of a major legal battle, which started last October
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Royal Dutch Shell, Europe's largest oil company, and Malaysia's Petronas signed a final contract on Sunday to develop Iraq's Majnoon oilfield, one of the world's biggest. Shell and Petronas won the rights in an auction
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Fixed-asset investments in China's electricity, coal and oil industry rose 17 percent in the first 11 months of 2009 to 1.4 trillion yuan ($205.1 billion), the official Xinhua news agency said on Sunday, quoting China's
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China's banking regulator has asked banks to be cautious on their lending strategies this year, as Beijing seeks to avoid high inflation and overheating the world's third-largest economy. In a statement issued late on Friday,
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