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  • Rig contractor Diamond Offshore reports loss Monday, 4 May 2015 | 6:09 AM ET

    May 4- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a net loss compared with a year ago profit, mainly due to an impairment charge of $319 million as it wrote down the value eight rigs. The company reported net loss of $255.7 million, or $1.86 per share, for the quarter ended March 31, compared with a profit of $145.8...

  • April 30- ConocoPhillips, the largest independent U.S. energy company, reported sharply lower quarterly profit on Thursday, hurt by a steep decline in crude oil prices. ConocoPhillips, like other exploration and production companies, has slashed capital spending in response to persistently lower oil prices, and is further reducing its rig count for fields in...

  • REUTERS BUSINESS NEW SCHEDULE AT 1830 GMT/2:30 PM ET Monday, 27 Apr 2015 | 2:38 PM ET

    Apple Inc is expected to report a 20 percent increase in quarterly profit and that iPhone sales in China surpassed those in the United States for the first time., expect by 1930 GMT/ 4:30 PM ET, by Bill Rigby, 200 words). -BARRICK GOLD-RESULTS/, expect by expect by 1930 GMT/ 4:30 PM ET, 200 words). U.S. stocks move lower as healthcare stocks led by Amgen drag on the three major...

  • REUTERS BUSINESS NEW SCHEDULE AT 1500 GMT/11 AM ET Monday, 27 Apr 2015 | 11:00 AM ET

    Editor: Alden Bentley +646 223 6200. Cap Gemini to buy U.S.-based IGATE for $4 bln, raises 2015 outlook. PARIS- Cap Gemini plans to buy United States- based IGATE Corp for $4 billion cash to make North America its biggest market and is raising its sales outlook for 2015 after a solid first-quarter, the French IT services company says.

  • It was a markedly more-confrontational speech to the conference than last year, when McCarthy became the first EPA chief to attend and deftly sought to find common ground with the hundreds of oil, coal and utility executives who attend the annual meeting. The EPA proposed rules last summer designed to slash carbon emissions from power plants.

  • April 23- PulteGroup Inc reported a surprise slide in quarterly profit after home sales fell 28 percent in the pricey U.S. PulteGroup sold only 248 homes in the Northeast where it usually claims the highest average selling price. In 2014, when PulteGroup's countrywide average price stood at $329,000, it commanded $452,000 on average in the NorthEast.

  • NEW YORK, April 23- Oil prices jumped 3 percent on Thursday to their highest levels of this year, after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies. "The Saudi escalation of its Yemen campaign is producing exactly the kind of geopolitical tensions oil is known to rally for,"...

  • *Saudi-led coalition resumes bombing of Yemen. LONDON, April 23- Brent crude oil rose more than a dollar to above $64 a barrel on Thursday on heightened concerns over the security of Middle East supplies as a civil war escalated in Yemen. Yemen is a tiny oil producer but the Bab el- Mandeb Strait on its southern coast controls access to the Red Sea, Suez Canal and the...

  • LONDON, April 23- Oil prices steadied on Thursday as news of another steep rise in U.S. crude inventories countered concerns over the security of Middle East supplies due to an escalating conflict in Yemen. Saudi-led coalition warplanes bombed Yemen again on Thursday despite an announcement by Riyadh that it was ending its campaign of air strikes.

  • UPDATE 2-Oil prices edge lower on rising US inventories Thursday, 23 Apr 2015 | 3:33 AM ET

    SINGAPORE, April 23- Oil prices fell slightly on Thursday as rising U.S. crude inventories due to robust shale production outweighed concerns over renewed air strikes in Yemen. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh a day earlier that it was ending its campaign of air strikes.

  • SINGAPORE, April 23- Oil prices held steady on Thursday as renewed fighting in Yemen countered worries over rising U.S. crude inventories due to still-robust shale production. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh a day earlier that it was ending its campaign of air strikes.

  • Oil prices extend gains as Yemen bombing continues Wednesday, 22 Apr 2015 | 10:08 PM ET

    SINGAPORE, April 23- Oil prices extended gains on Thursday as renewed fighting in Yemen brought focus back on potential supply disruptions in the Middle East. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh that it was ending its campaign of air strikes. While Yemen itself is not among the biggest oil...

  • HOUSTON, April 23- There is a growing disconnect between Houston and Wall Street over when slumping oil prices will recover. Beaten down by a seven-month rout that slashed crude prices from over $147 a barrel last summer to $42 a barrel, producers are bracing for oil to remain at about $60 a barrel for as long as the next five years or so, according to executives...

  • HOUSTON, April 22- An agreement between the United States, Iran and other world powers designed to curtail Iran's nuclear program is effective and would work if implemented, U.S. "It's a long term process with constraints coming off at various time frames as confidence improves" in Iran's nuclear intentions. A framework agreement that would curb Iran's nuclear...

  • April 21- Baker Hughes Inc, which is being bought by Halliburton Co for $35 billion, said it expects "unfavorable market conditions" to persist in the second quarter as drillers turn off more rigs, intensifying a glut in oilfield services. The rig count in North America, a region that accounts for 44 percent of Baker Hughes' revenue, has halved to 1,000 so far this year.

  • The oil price crash represents for some "a great chance to seize on the crisis and turn it into an opportunity," Les Csorba, a partner with Heidrick& Struggles in Houston, said on the sidelines of the CERAWeek conference. Two executives that typify the new breed include the chief executive officers of Apache Corp and Chesapeake Energy. Apache's John Christmann and...

  • HOUSTON, April 20- Senator Lisa Murkowski said on Monday she will introduce legislation this year to allow U.S. crude exports, saying the Obama administration shouldn't dare lift sanctions on Iran before scrapping the U.S. crude export ban. While the final framework of the deal has yet to be determined, it appears it would let Iran export far more crude oil than at...

  • The assumption is that oil firms will finish work on those wells, known as "ducks" in the industry jargon, once oil prices recover further and North Dakota activates its tax relief in response to a long market slump. "You know you have an 800- pound gorilla that is potentially going to come after you if the price goes up," Jackson Hockley, an analyst at wealth manager...

  • *Exxon Mobil front-runner for Mozambique LNG stake-sources. MILAN/ LONDON/ SINGAPORE, April 16- Anadarko Petroleum is considering selling its multi-billion dollar stake in Mozambique's giant gas reserves, with Exxon Mobil and Qatar Petroleum both showing interest, banking and industry sources said. The world's largest oil firm has been expected to follow...

  • April 17- Schlumberger Ltd, the world's No.1 oilfield services provider, reported a smaller-than-expected fall in first-quarter margins as it continued to execute tight cost controls to combat a decline in drilling activity. Schlumberger shares rose as much as 3.3 percent to a near-five-month high of $94.89 on Friday, a day after the company reported a...