RIL plans to replace debt maturing in about two years that has higher interest costs, another person familiar with the matter said last mon...

With loan syndication of $ 5715 million representing 11% of the total number of 188 deals, DnB Nor Bank has topped the league of banks that...

The India operations added just 159 million kroner, or $27 million, to revenue in the first half.

DnB Nor Markets, Norway's largest Investment Bank has come out with a report which says, worldwide iron ore and coal trade flows are expect...

The disaster caused by the Gulf of Mexico oil spill has cast doubts over the future of deep water exploration and is likely to have the lon...

BP’s failure to stop an oil leak from spewing millions of gallons of crude into the Gulf of Mexico may leave the biggest oil and gas produc...

Oil prices rebounded in Asian trade on Thursday after steep declines overnight following the release of mixed energy stockpiles data from t...

World oil prices steadied Wednesday in quiet trade, as traders awaited a key report expected to show that recent freezing weather boosted h...

Opening of representative office of one of world's leading shipping banks, DnB Nor is a 'thumps up' sign for country as it is for shipping,...

Latvia is to give second-largest bank Parex a $361 million injection of funds after the state took it over at the weekend.

A solution to the world’s energy problems may lie in a Chinese mushroom growing in Novozymes A/S laboratories.

Two of Europe's big banks used newly relaxed EU accounting rules to boost their profits while others took state cash and a top executive sa...

OPEC could meet regularly over the coming months to announce further cuts in oil output as a worldwide recession weighs on energy demand an...

OPEC will on Friday announce it is cutting oil output to help lift crude prices that have dived 55 per cent since striking record highs in ...