11.05.2011
- BHP Billiton said on Tuesday it will move the head office of its diamonds and specialty products unit to Saskatchewan, a move that ties in with the Anglo-Australian miner's plans...
06.04.2011
- Companies eager to capitalize on the shale revolution are buying up other companies that have deeds to land with access to reserves. Two multibillion-dollar deals in the first...
21.03.2011
- Thai Oil, the country's top oil refiner, said on Friday it was interested in acquiring Esso (Thailand), a unit of Exxon Mobil, as part of its expansion drive. "I admit that we are...
03.03.2011
- As fighting continues across Libya, the oil industry is trying to assess the output lost from Africa's third-largest producer. Most estimates suggest around half of the country's 1...
02.03.2011
- SABIC said on Tuesday it would build only one rubber plant project, in Jubail on Saudi Arabia's Gulf coast, instead of two as originally planned. When SABIC and Exxon Mobil...
01.02.2011
- Exxon Mobil reported a better-than-expected 53% increase in quarterly profit, helped by a lower tax rate and a surge in natural gas production in the United States and Qatar. The...
26.01.2011
- Is the worst over? - A cautious but growing consensus among economists and industry analysts suggests that after more than two years of turbulence, the global economy in general...
20.01.2011
- SABIC said it expects higher sales and profitability this year and throughout 2012 as petrochemical prices return to pre-crisis levels and further output capacity is added. The...
