China National Petroleum Corp, the country's largest integrated oil and gas enterprise and parent of PetroChina<601857><0857><PTR>, on Tuesday announced that on Jul. 25 it put into operation the 5-million-ton-per-year refinery it contracted to build in Algeria. The refinery, situated at Skikda in the eastern...
* Underlying operating profit down but above expectation * Says "too early to declare a beginning of recovery" * Q3 revenue, profit seen improving on Q2 * Shares dip, but recover AMSTERDAM, July 29 -...
The 30,000 mt/year TDI facility in Cangzhou Dahua resumed operation for the moment after one-day turnaround last Friday. It offered at RMB 24000-24500/t last week. It is expected that...
* Operating loss smaller than analysts expected * Credit losses increase * Shares rise premarket (Adds CEO comment, financial details, share price) NEW YORK, July 23 - Fifth Third Bancorp posted a second-quarter operating loss...
TOKYO, July 23 - Fujitsu Ltd, Japan's biggest IT services company, said on Thursday it aims to boost operating profit to 250 billion yen ($2.7 billion) for the year ending March 2012 by expanding overseas...
MELBOURNE, July 22 - Australian grains exporter AWB Ltd <AWB.AX> said on Tuesday it would wind down its troubled operations in Brazil, citing poor market conditions, costs and poor local commercial decisions. It said the...
Singapore-based Wilmar International Ltd, the world's largest listed palm oil firm, plans to list its China operations in Hong Kong in the first half of next year, said unnamed sources, the South China Morning Post reported on Monday. The company plans to raise between US$3 billion and US$4 billion via the initial...
QUITO, July 16 - Ecuador's state oil company Petroecuador said on Thursday it took control of Perenco's operations because the French company ordered a temporary halt of production over a tax dispute with the government....
QUITO, July 16 - Ecuador's state-run oil company Petroecuador said on Thursday that it took control of Perenco's oil operations because the French company ordered a temporary...
QUITO, July 16 - Ecuador's state-run oil company Petroecuador said on Thursday that it has taken control of Perenco's oil operations because the French company ordered a temporary suspension of production....