Exclusive: BP back on its feet but CEO senses no respite

LONDON (Reuters) – After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP Chief Executive Officer Bob Dudley is hardly relaxed. Group Chief Executive of BP Bob Dudley poses for a photograph at the BP International Headquarters in central London, Britain, May 16, 2018. More...

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By admin On Monday, May 21st, 2018
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Australia’s Santos gets final sweetened $10.8 billion bid from Harbour Energy

(Reuters) – U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia’s Santos Ltd (STO.AX) on Monday, hiking its bid for a fifth time in nine months after a steep rise in oil prices More...

By admin On Monday, May 21st, 2018
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China praises positive steps in U.S. trade row, says didn’t give in

BEIJING (Reuters) – Chinese state media on Monday praised a significant dialing back of trade tension with the United States, saying China had stood its ground and the two countries had huge potential More...

By admin On Monday, May 21st, 2018
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Australia’s Santos gets sweetened $10.8 billion bid from Harbour Energy

(Reuters) – U.S.-based Harbour Energy raised its bid for Australia’s Santos Ltd (STO.AX) to $10.8 billion on Monday, hiking its offer for a fifth time in nine months after a steep rise in oil prices More...

By admin On Monday, May 21st, 2018
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U.S. underscores importance of concluding new NAFTA deal

MEXICO CITY (Reuters) – U.S. Deputy Secretary of State John Sullivan underscored the importance of concluding a new NAFTA trade deal in talks on Sunday with Mexican Foreign Minister Luis Videgaray on the More...

By admin On Monday, May 21st, 2018
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Australia’s Santos gets improved bid from Harbour Energy at $10.8 billion

(Reuters) – Australia’s Santos Ltd (STO.AX) on Monday said it had received an improved $10.84 billion offer from U.S.-based suitor Harbour Energy, a proposal that comes at a time when oil prices are More...

By admin On Monday, May 21st, 2018
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Australia’s Santos gets $10.8 billion conditional bid from Harbour Energy

(Reuters) – Santos Ltd (STO.AX) said on Monday it received a revised offer from U.S.-based suitor Harbour Energy, valuing it at $10.84 billion, up 4.6 percent from an earlier offer. FILE PHOTO: The More...

By admin On Sunday, May 20th, 2018
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U.S. stocks futures open higher with possible China trade war on hold

(Reuters) – U.S. stock future opened higher on Sunday after Treasury Secretary Steven Mnuchin said on Sunday that the United States and China agreed to drop their tariff threats to work on a wider trade More...

By admin On Sunday, May 20th, 2018
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Exclusive: GE nears deal to merge transportation unit with Wabtec – sources

(Reuters) – General Electric Co (GE.N) is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp (WAB.N), a U.S. maker of equipment for the rail industry, More...

By admin On Sunday, May 20th, 2018
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Exclusive: GE nears deal to merge transportation unit with Wabtec

(Reuters) – General Electric Co (GE.N) is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp (WAB.N), a U.S. maker of equipment for the rail industry, More...