Lowe's Earns 49 Cents Per Share in Q1 Versus Forecasts of 51 Cents Per Share
PetroChina Co Ltd
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Woodside Petroleum has shelved plans for its $40 billion Browse liquefied natural gas project in Western Australia, saying it will consider a floating LNG plant instead.
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NEW DELHI, May 20- India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas.
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LAUNCESTON, Australia, May 20- If you ever needed an example of the corporate herd mentality, then look no further than the stampede of cost-cutting among commodity producers started by BHP Billiton.
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China and India disagree about large areas on their 4,000- km- long border and fought a brief but bloody war 50 years ago. "World peace and regional stability cannot be a reality without strategic mutual trust between India and China.
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HONG KONG, May 8- Hong Kong shares may start steady on Wednesday as investors brace for China trade data at 0200 GMT for the latest gauge of the health of the region's biggest economy after a recent series of soft data raised concerns about the growth outlook.
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HONG KONG, May 8- Hong Kong shares may start steady on Wednesday as investors brace for China trade data at 0200 GMT for the latest gauge of the health of the region's biggest economy after a recent series of soft data raised concerns about the growth outlook.
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SINGAPORE, May 7- The Asian naphtha price rose on Tuesday for the third straight session to a four-session high of $862.00 a tonne but its intermonth spread stayed at $10.50 a tonne after falling to a three-week low on Monday due to heavy supplies.
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SINGAPORE, May 7- Asia cash premiums remained well supported as traders continued to factor in for tighter supplies in June due to slimmer Western arbitrage flows into Asia. -U.S. oil major Chevron sold 20,000 tonnes of 380- cst to Singapore trader Hin Leong at an outright price of around $619 a tonne, or a premium of around $3.30 a tonne.
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BEIJING, May 7- China's Huabei Petrochemical Company, a subsidiary of oil major PetroChina, is expected to double its refining capacity by the end of 2014, two years behind its original plan, industry officials said on Tuesday.
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CALGARY, Alberta, May 6- Shares of Athabasca Oil Corp fell as much as 9.4 percent on Monday after the company said its president had left the company and it formed an executive committee to improve its operations.
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CALGARY, Alberta, May 6- Shares of Athabasca Oil Corp fell as much as 9.4 percent on Monday after the company said its president had left the company and it formed an executive committee to improve its operations.
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SINGAPORE, May 6- More spot supply emerged from Taiwan and India, adding to already abundant supply from South Korea and Japan and pushing margins down to a three-day low on Monday. Taiwan's CPC Corp has sold 300,000 barrels of jet fuel for June loading to an unidentified buyer between a slight discount and parity to Singapore quotes, industry sources said.
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HONG KONG, May 6- State-owned conglomerate China Resources Co Ltd plans to merge its Hong Kong- listed power producer with its natural gas distribution unit to form a $22 billion energy group able to negotiate better terms for natural gas supplies from the state.
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HONG KONG, May 6- Hong Kong shares could start the week stronger on Monday, tracking Wall Street gains after a positive U.S.
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NEW YORK/ GENEVA, May 3- At least six energy traders and additional support staff have recently resigned from PetroChina's oil trading operation in Houston, a manager for the company said on Friday.
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GENEVA/ LONDON, May 3- A team of at least six energy traders in Houston has quit PetroChina, China's largest oil producer, according to sources familiar with the matter. PetroChina reported traded volumes of 250 million tonnes of oil and chemical products or $192.1 billion in 2011, according to its website.
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SINGAPORE, May 3- Asian gasoil and jet fuel margins slipped on Friday as more spot supply emerged from Taiwan and South Korea adding to a glut of supply in the market, industry sources said. The June gasoil margin fell 45 cents to $14.58 a barrel above Dubai crude while jet fuel margin slipped by 36 cents to $14.63 a barrel, Reuters data showed.
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SINGAPORE, May 3- Asia cash premiums were higher on Friday after more than 120,000 tonnes of high sulphur fuel oil was traded in over-the-counter trade at strong premiums, reflecting concerns over lower arbitrage supply flows from the West in June.
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SINGAPORE, April 29- The Asian naphtha price reversed gains to hit a two-session low of $858.50 a tonne on Monday, tracking slightly weaker Brent crude, with its margin also at a two-session low of $85.85 a tonne due to ample supplies. Technically, the May premiums should be around $30 a tonne to Middle East quotes on an FOB basis, "a Singapore- based trader said.
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SINGAPORE, April 26- The Asian naphtha price ended the week at an eleven-session high of $863 a tonne, pulled up by firm Brent crude, but its intermonth timespread eased 3.4 percent to reach a two session low of $14 a tonne as concerns over ample supplies persisted.
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SINGAPORE, April 26- Asia's gasoil margin improved on Friday as more spot demand emerged from Vietnam, helping to absorb excess barrels in the region.