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  • Earnings at Exxon and Chevron, two of the world's largest oil producers, also missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer. The results also highlighted how smaller and more nimble …

  • (ShareCast News) - Shares in Antofagasta slumped after the Chilean miner said it has agreed a $1.01bn deal to acquire a 50% interest in the Zaldivar copper mine from Barrick Gold.

  • Britain's Rough gas storage site in unplanned outage Reuters - UK Focus - 25 minutes ago

    Britain's Rough natural gas storage site is experiencing an unplanned outage on Friday, operator Centrica Storage Ltd said. Withdrawal capacity has been reduced to zero and injection capacity has been ...

  • As the price of gold falls below its five-year low, is it time to buy Randgold Resources Limited (LON:RRS), Fresnillo Plc (LON:FRES), Centamin plc (LON:CEY) and Petropavlovsk plc (LON:POG)?

  • Traders work on the floor of the New York Stock Exchange

    The Dow and S&P 500 were dragged down on Friday by weak earnings from oil producers Exxon Mobil and Chevron, while the Nasdaq edged up after Amgen's profit beat expectations. Exxon Mobil shares fell 4 percent to $79.52 while Chevron was down 4.2 percent at $89.06 after quarterly profits slumped on falling oil prices.  …

  • BASF joins Nord Stream pipeline expansion plan Reuters - UK Focus - 49 minutes ago

    German chemicals group BASF said on Friday it has signed a memorandum of understanding to join the group of companies intending to expand the Nord Stream pipeline to bring gas from Russia to Germany under the Baltic Sea. The company said last month its oil and gas subsidiary Wintershall was in talks about a possible membership …

  • The Dow and S&P 500 were dragged down on Friday by weak earnings from oil producers Exxon Mobil (Swiss: XOM.SW - news) and Chevron, while the Nasdaq edged up after Amgen (HKSE: 4332.HK - news) 's profit beat expectations. Exxon Mobil shares fell 4 percent to $79.52 while Chevron was down 4.2 percent at $89.06 after …

  • A sign advertising gas prices is seen at a Chevron station in Los Angeles

    Second-quarter profit at oil producer Chevron Corp tumbled 90 percent, missing analysts' expectations, amid weakness in oil prices. Chief Executive John Watson bluntly said the results were "weak" and that he was working to slash costs by renegotiating supply contracts. Chevron earned a net income of $571 million, or …

  • The OPEC logo is seen at OPEC's headquarters during a meeting of OPEC oil ministers in Vienna

    OPEC oil output reached the highest monthly level in recent history in July, a Reuters survey found on Friday, as Saudi Arabia and other key members show no sign of wavering in their focus on defending market share instead of prices. The latest boost from the Organisation of the Petroleum Exporting Countries adds to excess …

  • Zambia's CEC delays plan to cut power supply to mines Reuters - UK Focus - 1 hour 27 minutes ago

    Zambia's power supplier Copperbelt Energy Corp. (CEC) has delayed a plan to reduce electricity to mines after mining firms warned they would have to close processing plants and shed jobs, an industry official said on Friday. Zesco Ltd., the main power generating firm in Africa's No. 2 copper producer, is limiting supplies …

  • Net Asset Value(s) Business Wire - 1 hour 38 minutes ago

    LONDON--(BUSINESSWIRE)-- FUND   ¦ db x-trackers Stoxx® Europe 600 Oil & Gas Short Daily UCITS ETF DEALING DATE ¦ 30-Jul-15 NAV PER SHARE ¦ EUR16.6167 NUMBER OF SHARES IN ISSUE ¦ 110,623 CODE ¦ View source ...

  • Research and Markets has announced the addition of the "Uganda Buliisa and Kaiso-Tonya Complex Project Panorama - Oil and Gas Upstream Analysis Report" report to their offering.

  • Oil prices extend decline AFP - 1 hour 50 minutes ago
    Oil prices extend decline

    Oil prices recently dropped to their lowest levels in months on the back of concerns over a global oversupply

  • A view of the Exxon Mobil refinery in Baytown, Texas

    Exxon Mobil Corp reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company. Profit at Exxon's exploration and ...

  • US STOCKS-Wall St set to open little changed amid tepid earnings Reuters - UK Focus - 2 hours 12 minutes ago

    Wall Street was set to open little changed on Friday following a spate of uninspiring corporate results including that of Exxon Mobil (Swiss: XOM.SW - news) , and a drop in prices of crude oil and major industrial metals. Exxon Mobil and Chevron shares fell about 2 percent after quarterly profits fell sharply on falling …

  • An instructor teaches at a masonry workshop at the Larsen & Toubro construction skills training institute in Panvel

    NEW DELHI/MUMBAI (Reuters) - Industrial giant Larsen & Toubro Ltd (LART.NS) criticised on Friday the "unhurried pace" of government reforms for weakening investment in its home market, as it reported a 37 percent slide in first-quarter profit. Larsen, which makes everything from metro train lines to gas pipelines to parts …

  • Guidance Software, Inc. , makers of EnCase®, the gold standard for digital investigations and endpoint data security, today announced the publication of its vendor-agnostic Inside-Out Security Framework and will discuss it at Black Hat USA 2015.

  • ExxonMobil earnings dive on lower oil prices

    A picture shows the logo of US oil and gas giant ExxonMobil during the World Gas Conference exhibition in Paris on June 2, 2015

  • Commodities and China investors waved a relieved goodbye to July on Friday following a brutal sell-off that has revived fears about the global economy and overshadowed more encouraging news from the U.S. and Europe. There were signs that the rout wasn't over yet as Chinese stocks - which have suffered their worst monthly …

  • Imperial Oil posts 2Q profit Associated Press - 2 hours 49 minutes ago

    On a per-share basis, the Calgary, Alberta-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, were 42 cents per share. The oil and gas and petroleum products company ...

  • Zaldivar mine deal hits Antofagasta shares, bodes well for Anglo Reuters - UK Focus - 2 hours 54 minutes ago

    Barrick Gold Corp's sale of half of its Zaldivar copper mine in Chile to Antofagasta (LSE: ANTO.L - news) for what analysts say is a pricey $1 billion hit Antofagasta's shares on Friday, but could help Anglo American (LSE: AAL.L - news) in its own copper assets sale. Shares (Berlin: DI6.BE - news) in Antofagasta …

  • Coconut Oil Could Be The Saviour For UK Health, Says Shore Business Wire - 2 hours 58 minutes ago

    Health education in the Western world is more advanced than many countries in the developing world. However, several developing populations are living dramatically longer lives without any of the major health traumas that plague the developed world.

  • Form 8.3 - Dragon Oil Plc. Business Wire - 3 hours ago

    LONDON--(BUSINESSWIRE)-- Ap19 FORM 8.3 IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES ...

  • Britain's FTSE slips as mining stocks weaken Reuters - UK Focus - 3 hours ago

    Britain's top equity index edge down on Friday as a pullback in mining stocks weighed on the market, which had risen for the last three sessions in a row. The blue-chip FTSE 100 index was down 0.1 percent at 6,661.53 points going into the middle of the trading session. Mining stocks such as Antofagasta (Other OTC: ANFGF …

  • U.S. stock index futures fell slightly on Friday following a spate of uninspiring corporate results and a drop in prices of crude oil and major industrial metals. * Oil prices fell after OPEC indicated ...

  • An oil pump is seen in Lagunillas, Ciudad Ojeda, in the state of Zulia

    Oil prices fell on Friday as concern over global oversupply intensified after the head of oil producers' cartel OPEC indicated there would be no cuts in production despite a huge global oversupply. Badri said rising demand would prevent a further fall in oil prices and suggested cuts in OPEC output would have little impact …

  • * Prices near 3-month low, down 2.7 pct this week * July exports down as expected, but daily average still high By Fergus Jensen JAKARTA, July 31 (Reuters) - Malaysian palm oil futures edged down on Friday, ...

  • European shares fell slightly after hitting a one-week high on Friday, with commodity stocks leading the market lower after prices of crude oil and major industrial metals dropped on supply-demand concerns. ...

  • Oil producer Afren Plc (LSE: AFR.L - news) said its board has decided to put the company into administration after failing to secure support for a refinancing and restructuring plan. Afren, whose shares have been suspended since July 15, said talks with bondholders, banks and its partners were scuppered after the company …

  • ** Shares in British-listed miners fall as low as 5.5 pct after rout in metal prices continues ** All mining stocks on the FTSE 350 Mining Index extend losses with Kaz Minerals topping the list of losers, ...

  • ** BG Group up 0.7 pct & only gainer among peer list on E300 Oil & Gas Index after co's oil and gas production hit record levels in Q2 ** BG, which has accepted a takeover bid from Shell , reports a drop ...

  • Can Rockhopper Exploration Plc (LON: RKH), Falkland Oil and Gas Limited (LON: FOGL), Ophir Energy Plc (LON: OPHR), Genel Energy PLC (LON: GENL) and Enquest Plc (LON: ENQ) survive the downturn?

  • BG Group's (BG.L) oil and gas production hit record levels in the second quarter, limiting the damage of a near-halving in profits due to persistently weak crude prices. Britain's BG, which has accepted a $70 billion (45 billion pounds) takeover bid from Royal Dutch Shell (RDSa.L), on Friday reported a 48 percent drop …

  • ** Weir down c. 1.6 pct & 3rd top loser on FTSE-100 after at least 4 heavyweight brokerages cut TP on stock a day after co posts huge slump in H1 PBT ** Valve and pump market cites slump in U.S. oil and ...

  • MANILA/MUMBAI (Reuters) - Asian gold demand hardly perked up this week even as the price of the precious metal languished near its lowest since 2010 with many would-be buyers predicting further price declines, keeping premiums steady in the world's top gold consuming region. Gold is on course to post a sixth consecutive …

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