Fuel Fix

(Daniel Acker/Bloomberg)

Wyoming oilmen diversify to survive the bust

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Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.

Wyoming oilmen diversify to survive the bust

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(Daniel Acker/Bloomberg)
Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.
Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

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The cut will save the company $450 million annually.
Aviezer Tucker

Guest commentary: Pipeline wars or pipe dreams?

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Aviezer Tucker, assistant director of the Energy Institute at the University of Texas in Austin, says today’s Eurasian pipeline wars are quickly becoming obsolete because of U.S. shale and new economic and technological realities.
Categories: Asia, Pipelines, Shale

End in sight to EU-China solar spat

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Broad outlines agreed for possible settlement to trade dispute over solar panels, Europe’s trade chief said after high-level talks in Beijing
Categories: Uncategorized

Dell founder in personal pitch for buyout

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Michael Dell is kicking off a fresh round of campaigning to convince shareholders of the merits of his $24bn buyout ahead of July’s shareholder vote
Categories: Uncategorized

China pulls bank system back from brink

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Financial strains are the state’s own making since it still controls the banks, but even if a crisis is improbable, the cash squeeze is unsettling
Categories: Uncategorized

Investors pull more money from EM funds

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Emerging market debt-dedicated funds monitored by EPFR saw redemptions of $2.6bn in the week ending June 19 – even before the Fed rattled markets
Categories: Uncategorized

M Stanley to complete Smith Barney buyout

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The deal will complete an important phase of James Gorman’s plan to shift the bank away from risky trading towards wealth management
Categories: Uncategorized

China steps back from severe cash crunch

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Interbank lending rates remain high despite reports the People’s Bank has provided targeted cash injections to the biggest banks
Categories: Uncategorized

Dish abandons efforts to purchase Sprint

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Withdrawal from intense battle for third-biggest US wireless operator clears way for shareholders to approve takeover offer of Japan’s SoftBank
Categories: Uncategorized

Equities come under further pressure

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European stocks give back early gains and Wall Street sees fresh jitters as investors fret over the prospect of reduced support from the Federal Reserve
Categories: Uncategorized

Drumbeat: June 21, 2013

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One million march across Brazil in biggest protests yet
(Reuters) – An estimated 1 million people took to the streets in cities across Brazil on Thursday as the country’s biggest protests in two decades intensified despite government concessions meant …
Categories: Uncategorized

Putin seeks to revive Russian economy

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President says trans-Siberian railway will be upgraded to become ’artery linking Europe to Asia Pacific’ as Moscow pivots towards China
Categories: Uncategorized

Merkel and Putin in ‘looted’ art spat

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Angela Merkel was to use a speech at the opening of an art exhibition to demand return of works taken by the Soviets after the second world war
Categories: Uncategorized