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Business Strategy Contracts

  • *Total signed first short-term LNG deal with Japan's JERA. PARIS, April 13- French oil and gas major Total has signed a short-term liquefied natural gas supply contract with Japan's JERA, signaling its willingness to offer flexible terms to traditional buyers amid a global glut and lower prices, the group's President for Gas, Renewable and Power told Reuters.

  • *Total signed first short-term LNG deal with Japan's JERA. PARIS, April 12- French oil and gas major Total has signed a short-term liquefied natural gas supply contract with Japan's JERA, signalling its willingness to offer flexible terms to traditional buyers amid a global glut and lower prices, the group's President for Gas, Renewable and Power told Reuters.

  • TORONTO, April 12- Canada's main stock index fell on Wednesday, as losses for its heavyweight financial and natural resource sectors offset a sharp boost in BlackBerry Ltd shares after it won an arbitration ruling against chipmaker Qualcomm Inc.. Major oil sands player Canadian Natural Resources Ltd fell 1.2 percent at C $44.72. "Earnings season is coming up...

  • TORONTO, April 12- Canada's main stock index slipped in morning trade on Wednesday, as losses for its heavyweight financial and natural resource sectors offset a sharp boost in BlackBerry Ltd shares after it won an arbitration ruling against chipmaker Qualcomm Inc.. BlackBerry surged 17.2 percent to C $12.04, its highest level since January 2016, after...

  • DUBAI, April 9- Iran's top security body is still reviewing the Iran Petroleum Contract model, Oil Minister Bijan Zanganeh was quoted as saying on Sunday, as the contracts aimed at attracting foreign investors appear to face fresh delays. In January, Iran named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects under the...

  • NEW YORK, April 6- Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buyers out of Asia and shale companies locking in output, both of whom have shown an affinity for far-dated contracts, the CME Group Inc said on Thursday. Shale has since emerged as a resilient rival to the Organization of the Petroleum Exporting Countries...

  • CHIBA, Japan, April 6- Nigeria LNG has begun talks with potential buyers on new contracts for gas supplies from its first three production units at its liquefied natural gas terminal, a senior official from the African company told Reuters. He was attending the Gastech trade conference in Chiba outside Tokyo. Nigeria LNG is a venture between state-owned...

  • NEW YORK, April 6- Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buyers out of Asia and shale companies locking in output, both of whom have shown an affinity for far-dated contracts, the CME Group Inc said on Thursday. Shale has since emerged as a resilient rival to the Organization of the Petroleum Exporting Countries...

  • Boeing and Lockheed Martin likely front-runners for a $16 billion jet deal

    The two defense giants are seen as the front-runners for the air force's next-generation jet trainer.

  • Reports say a multiyear deal between Lockheed and the U.S. government is on the table

    A new report claims that U.S. government is offering Lockheed Martin a 'multiyear' deal for its f-35 joint strike fighter jet.

  • LNG executives, traders and dealmakers are gathering in Chiba, just outside Tokyo, for an industry conference this week. The pressure from buyers culminated in March when the world's biggest importers in Japan, South Korea and China agreed to form a club to focus on forcing producers to drop so-called destination clauses, which prohibit them from selling...

  • DUBAI, April 4- Iran's Aseman airline signed a contract with Boeing on Tuesday to buy 60 737 Max aircraft, according to the Islamic Republic News Agency.

  • *SBM's Monaco state backers keen on Japan- Galaxy president. TOKYO, March 29- Macau casino operator Galaxy Entertainment Group Ltd on Wednesday said it has partnered Societe des Bains de Mer, hoping the Monaco peer will help it trump rivals to win a license in Japan's nascent gambling market. "All of the entities of Monaco and the principality... are very enthusiastic...

  • NEW DELHI, March 28- Monsanto lost a legal battle with one of India's biggest seed producers over a contract dispute on Tuesday, and was ordered to restore a licensing agreement and cut royalty charges. The U.S. company's joint venture Mahyco Monsanto Biotech took Hyderabad- based Nuziveedu Seeds Ltd to court in 2015, claiming patent infringements and accusing...

  • SEOUL/ TOKYO/ MILAN, March 23- The world's biggest liquefied natural gas buyers, all in Asia, are clubbing together to secure more flexible supply contracts in a move which shifts power to importers from producers as oversupply grows. Korea Gas Corp said on Thursday it had signed a memorandum of understanding in mid-March with Japan's JERA and China National...

  • WASHINGTON, March 22- A U.S. Senate committee easily passed a bill on Wednesday to enable the nuclear regulator to license advanced nuclear reactors that backers say are safer than conventional plants and can help deal with a growing waste problem. The bill has brought together some Republicans eager to prevent the United States from falling behind China and...

  • *S.Korea' s KOGAS, Japan's Jera, China's CNOOC sign MOU. Korea Gas Corp said on Thursday it had signed a memorandum of understanding in mid-March with Japan's JERA and China National Offshore Oil Corp to exchange information and "cooperate in the joint procurement of LNG." The unusual alliance of three buyers across three countries will pressure exporters like...

  • SEOUL, March 23- Three of Asia's top buyers of liquefied natural gas have agreed to work together to secure more flexible contracts when buying the commodity. Korea Gas Corp said in a statement on Thursday that it had signed a memorandum of understanding in mid-March with Japan's JERA and China National Offshore Oil Corp to exchange information and "cooperate...

  • WASHINGTON, March 22- A U.S. Senate committee easily passed a bill on Wednesday to enable the nuclear regulator to license advanced nuclear reactors that backers say are safer than conventional plants and can help deal with a growing waste problem. The bill has brought together some Republicans eager to prevent the United States from falling behind China and...

  • TORONTO, March 21- Canada's main stock index barely rose on Tuesday as some heavyweight banking stocks and miners notched gains and Ivanhoe Mines Ltd jumped after announcing a copper deposit discovery. The world's largest gold producer said a World Bank arbitration tribunal had ruled in favor of it and joint venture partner Antofagasta plc over a copper...