Major traders, banks cut business ties with Russia-backed Indian refiner Nayara Energy: SourcesNayara per se has not been sanctioned as part of the international response to what Russia calls its "special military action" against Ukra...
24 Aug, 2022, 03.52 PM IST
Buffett's Berkshire buys Aon, slashes Chevron and Wells FargoBuffett is "likely shoring up reserves" for a major acquisition, said Doug Kass, a principal at Seabreeze Partners Management LLC in Palm B...
18 May, 2021, 07.44 AM IST
Clean crude? Oil firms use offsets to claim green barrelsCarbon credits are financial instruments generated by projects that reduce or avert greenhouse-gas emissions such as mass tree plantings or...
16 Apr, 2021, 10.10 PM IST
US oil major Exxon Mobil to cut up to 300 jobs in CanadaReductions will include positions at Imperial Oil Ltd , ExxonMobil Canada Ltd and ExxonMobil Business Centre Canada ULC, the company said.
26 Nov, 2020, 10.49 AM IST
Warren Buffett’s Berkshire raises stake in Biogen, KrogerBuffett’s company has been trimming its stakes in some major lenders to try to avoid crossing a 10% ownership threshold that often draws re...
16 Feb, 2020, 03.25 PM IST
Crude may swing near $50, but sharp rise unlikely as supplies are not at riskSuncor extended a force majeure that prevented shipping of oil from its Syncrude facility. The decision came amid a raging wildfire in Cana...
04 Jun, 2016, 12.26 PM IST
These are the stocks the biggest names in the hedge fund industry have been buying and sellingA number of funds also took positions in pharmaceuticals stock Perrigo, including Kyle Bass of Hayman Capital.
17 Aug, 2015, 01.01 PM IST
Outsider CEO in as companies think out-of-boxIndia Inc's quest for innovative thinking in a highly competitive environment is forcing a large number of organizations to recruit CEOs fr...
05 Jul, 2015, 11.58 AM IST
India Inc prefers to hire CEOs with global profileCEO search firms have been increasingly getting a clear message from Indian cos as they break out of the home market — go global, don’t sta...
16 May, 2015, 02.27 AM IST
Cairn India plans roadshow to tap into North American oil field services companiesAccording to industry sources, the upcoming vendors’ meet in Calgary would provide the ideal opportunity to for Canadian oil field services...
16 Nov, 2014, 10.28 PM IST
Cairn India CEO Mayank Ashar to get $1.15 million salaryCairn will pay Ashar a base salary of $1 million per annum plus $1.5 lakh in a special allowance/foreign service premium.
04 Nov, 2014, 03.24 PM IST
Cairn India net profit dips 33 per cent to Rs 2,278 crore in Q2Cairn produced 163,262 barrels of oil per day from the Rajasthan fields, down 6 per cent from 175,478 bpd in Q2 of last fiscal.
22 Oct, 2014, 02.55 AM IST
Cairn appoints Mayank Ashar as CEOThe company in a statement said its Board has approved the appointment of Ashar with effect from November 17.
21 Oct, 2014, 04.09 PM IST
Citigroup Inc to start trading physical Canadian crudeCitigroup Inc plans to start trading physical Canadian crude oil, to jockey with banks and traders to fill the vacuum left by other Wall St...
14 May, 2014, 07.07 PM IST
- Telecom, energy goliaths pump up volume on Deal St
Vodafone and Telefonica announced a network sharing deal that will cover Europe, and result in huge cost savings in future.
24 Mar, 2009, 02.34 AM IST
- Vodafone, Telefonica sharing networks in 4 nations
Vodafone and Telefonica announced a networked sharing deal that will cover Europe, and result in huge cost savings in future as two compani...
23 Mar, 2009, 09.22 PM IST
- Two Canadian oil giants join in $15.5 billion deal
Suncor Energy Inc will acquire Petro-Canada for $15.5 billion, uniting two of Canada's biggest oil companies as nation's energy industry re...
23 Mar, 2009, 07.44 PM IST