Energy Update
Oman Oil Refineries and Petroleum Industries (Orpic) has awarded a three-year technical services contract to UK-based Amec Foster Wheeler for four of its industrial facilities in Oman.
Intermediate petrochemical manufacturer Indorama Ventures has acquired purified terephthalic acid (PTA) petrochemicals business of Cepsa Química in Canada.
WILLISTON, N.D., March 23 (Reuters) - Whiting Petroleum Corp , the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help pare debt from its December buyout of rival Kodiak Oil & Gas.
WILLISTON, N.D., March 23 (Reuters) - Whiting Petroleum Corp , the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help cull its $5.63 billion debt load.
NEW YORK, March 23 (Reuters) - The U.S. government on Monday won the dismissal of a private defamation lawsuit against an influential anti-Iran advocacy group, after claiming that the case could jeopardize U.S.
BRASILIA, March 23 (Reuters) - A majority of Brazilians favor impeaching President Dilma Rousseff due to an economic slump and a snowballing corruption scandal at state-run oil company Petrobras, according to a poll released on Monday.
March 23 (Reuters) - The U.S. shale oil industry may have forever abandoned its heavy-spending ways in the face of sliding crude prices, Schlumberger Ltd, the world's No.1 oilfield services provider, said on Monday.
WASHINGTON, March 23 (Reuters) - A leading U.S. business lobby group on Monday urged senators to support a bipartisan plan to save the U.S. Export-Import Bank and warned that closing the bank would hurt jobs.
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