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Month: July 2016

RPT-Private bank clients may lose big amid Singapore's oil and gas credit woes

(Repeats story published late Friday with no changes to text) * Singapore private bank clients are major holders of corp debt * Oil and gas service firms have aggressively tapped bond market * Swiber ...
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Troubled Rio Games coming together, says IOC

© Reuters. OLYMPICS: Features By Karolos Grohmann RIO DE JANEIRO (Reuters) – Rio de Janeiro will deliver a successful Olympic Games, the International Olympic Committee (IOC) said on Sunday...
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Kazakh state oil group deal facing defeat

Kazakhstan’s state oil company looks increasingly likely to be defeated in its attempt to tighten control over its London-listed subsidiary, after investors voiced their concerns about the motiv...
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UPDATE 1-Libya's NOC welcomes opening of ports, aims for 900,000 bpd by year-end

Libya’s state oil company said on Sunday it welcomed the “unconditional” reopening of blockaded oil ports following a controversial deal between the U.N.-backed government and a forc...
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The Buying in Gold and Silver ETFs is Overdone

Just as we thought the momentum was all set to die down for the red-hot gold and silver ETF group, this past week saw a re-acceleration of buyers stampede their way back in and take precious metal ETF...
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Libya's NOC welcomes 'unconditional' opening of ports, aims for 900,000 bpd by year end

Libya’s state oil company said on Sunday it welcomed the “unconditional” reopening of blockaded oil ports following a deal between the U.N.-backed government and the Petroleum Facili...
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Motor racing: Hamilton wins in Germany to extend championship lead

© Reuters. German Grand Prix 2016 By Abhishek Takle Lewis Hamilton cruised to an unchallenged victory in Sunday’s German Formula One Grand Prix to extend his lead over Mercedes team mate Ni...
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India's IOC to cut diesel prices by 3.7 pct from Monday

Indian Oil Corp (IOC) will cut the price of diesel by 3.7 percent from Monday and that of gasoline by 2.3 percent, reflecting changes in global fuel prices, the company said in a statement. India̵...
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Could New Technology Spell Doom for Electric Utilities?

From OilPrice.com: A recent survey of electric utility experts unveiled a huge number of headwinds for the industry, but are their worries justified? Experts, especially in finance, often have a deser...
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UPDATE 3-Islamic State attacks two energy plants in north Iraq, kills five

Islamic State militants stormed two energy facilities in northern Iraq on Sunday, killing at least five workers and shutting down a major oil pumping station, security and oil sources said. The first ...
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