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Repsol Profit Drops 90%

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Spanish oil company Repsol said its fourth-quarter net profit declined 90% from the year-earlier period, thanks largely to gains in the 2010 quarter from the sale of a stake in the company’s Brazilian unit and lower production in Libya.
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Stakes Are High for India’s ONGC Auction

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There’s more than a stake in one of India’s most prized companies on the block Thursday. New Delhi has a lot riding on the outcome of its auction of shares in Oil & Natural Gas Corp.
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BOJ Board Member Says High Oil Prices Pose Risk

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A Bank of Japan policy board member raised fresh concerns over the Japanese economy, saying higher oil prices, coupled with the weakening of the yen, could reduce corporate earnings and damp consumer spending.
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Most Asian Markets End Month on High Note

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Most Asian markets ended February with solid monthly gains Wednesday as a recent pullback in oil prices and overnight gains on Wall Street underpinned sentiment.
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Most Asian Markets End Month on High Note

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Most Asian markets ended February with solid monthly gains Wednesday as a recent pullback in oil prices and overnight gains on Wall Street underpinned sentiment.
Categories: Uncategorized

Court Wary of Torture Cases

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Torture victims faced skepticism at the Supreme Court, where justices questioned whether foreign organizations, including oil titan Royal Dutch Shell and the Palestinian Authority, could be sued in U.S. courts for violating international law.
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Adelson Weighs In on Wynn

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Las Vegas Sands chief Sheldon Adelson said offering complimentary rooms is common practice in the gambling industry, suggesting that Wynn Resorts may have gone too far in ousting co-founder Kazuo Okada.
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Sanctions Hit Iran Oil Shipments

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The European Union’s oil embargo has started to impede the shipment of Iranian oil to Asia, the latest threat to Tehran’s hopes of finding new outlets for its top export.
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Sanctions Hit Iran Oil Shipments to Asia

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The European Union’s oil embargo has started to impede the shipment of Iranian oil to Asia, the latest threat to Tehran’s hopes of finding new outlets for its top export.
Categories: Uncategorized

Court Wary of Suits on Overseas Torture

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Torture victims faced skepticism at the Supreme Court, where justices questioned whether foreign organizations, including oil titan Royal Dutch Shell and the Palestinian Authority, could be sued in U.S. courts for violating international law.
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