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Murphy Oil Corp

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  • LONDON, Nov 4- A deal to rescue the UK's Milford Haven oil refinery has collapsed, forcing operator Murphy Oil to shut the plant with the loss of hundreds of jobs, the latest victim of a slump in the European refining industry. Emphasizing the political cost of jobs being axed in the run up to a UK general election next year, British Prime Minister David Cameron called...

  • LONDON, Nov 4- A deal to rescue the UK's Milford Haven oil refinery has collapsed, operator Murphy Oil said late on Tuesday, forcing it to permanently shutter the plant as the latest victim of a deep slump in the European refining industry. Klesch Refining Limited, run by billionaire investor Gary Klesch, had agreed to buy the idled plant in July, but the deal was...

  • LONDON, Nov 4- The sale of the Milford Haven refinery and terminal assets to Klesch Refining Limited has been canceled, according to a statement by Murco Petroleum, a subsidiary of the U.S.-based Murphy Oil Corporation. Sources familiar with the matter said earlier on Tuesday that Gary Klesch and Murphy Oil had extended a deadline to later this week to negotiate...

  • Oct 23- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand and improved rates for its ultra-deepwater rigs. Diamond Offshore said Petrobras has extended contracts on three ultra-deepwater rigs, which are expected to generate revenue of up to $1.4...

  • HONG KONG, Aug 14- Petrovietnam has bid for a stake in Murphy Oil Corp's Malaysian oil and gas assets, challenging other suitors including Mitsubishi Corp and Indian state oil companies, a person with direct knowledge of the plan said. Murphy Oil and other U.S. oil companies are reducing overseas holdings as oil and gas exploration prospects improve at home.

  • *Klesch buys Milford Haven refinery from Murphy Oil. LONDON, July 31- U.S. entrepreneur Gary Klesch is buying the Milford Haven oil refinery on the coast of Wales, safeguarding around 450 jobs and betting an ailing European refining industry can only move up.

  • Summer's busiest week for markets is here Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • *Europe has 2 million bpd excess oil refining capacity. LONDON, July 23- Europe is coming under increasing pressure to close oil refineries as chronic over-capacity hits processing margins, dragging down group profits and hitting share prices.

  • These 3 states house the 'ugliest' S&P stocks Monday, 9 Jun 2014 | 1:58 PM ET
    A trader holds his head in his hand on the floor of the New York Stock Exchange (NYSE) in New York.

    Shares of companies in South Carolina, Arizona and Louisiana posted average gains of less than 10% over the past year. USA Today reports.

  • The great US oil debate: To export or not export Friday, 28 Feb 2014 | 11:54 AM ET
    The Port of Albany has become a hub for the U.S. oil business, taking shipments from North Dakota's Bakken Shale daily by mile-long trains and shipping it in tankers down the Hudson River to refineries.

    As the energy industry gathers for CERAWeek in Houston, the issue of exporting the nation's burgeoning supply of oil will top the global agenda.

  • Early movers: JOSB, SJM, AIG, CPB, MSFT, PG & more Friday, 14 Feb 2014 | 7:52 AM ET

    Some of the names on the move ahead of the open.

  • Your first trade for Monday Friday, 7 Feb 2014 | 1:20 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Your first trade for Tuesday Monday, 4 Nov 2013 | 3:36 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Jim Cramer stunned by this new report Tuesday, 10 Sep 2013 | 6:53 PM ET

    After reading it, the Mad Money host says he almost fell out of his chair.

  • How pros are trading the oil surge Wednesday, 28 Aug 2013 | 2:32 PM ET
    A Syrian government forces' tank rolls in the Khaldiyeh district of Syria's central city of Homs.

    Oil prices have risen as tensions mount in Syria. Here's how pro traders are positioning themselves now.

  • Zombie economy overshadows Fed Tuesday, 30 Jul 2013 | 8:41 PM ET

    GDP data Wednesday is expected to show a slow-moving, zombie-like economy, as the Fed meets for a second day.

  • Here's What the Billionaires Are Buying Thursday, 16 May 2013 | 2:36 PM ET

    Hedge fund managers and investment gurus have to notify the SEC about their moves every quarter. Investors pore over this data in the belief the big fish have special insight.

  • After-Hours Buzz: CSCO, AAPL, TSLA & More Wednesday, 15 May 2013 | 5:02 PM ET

    Check out which companies are making headlines after the bell Wednesday:

  • 'Helicopter Ben' Intact as Traders Mull 'Sell in May' Tuesday, 30 Apr 2013 | 7:43 PM ET

    Stocks exit April on a new high, and with the promise of continuing easy money policies, investors could be tempted to rethink the "sell in May and go away" strategy of recent years.

  • Fed May Provide a Safety Net for the Market Friday, 26 Apr 2013 | 8:08 PM ET
    A trader at the Chicago Board Options Exchange (CBOE).

    The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.