Industry
Arbitration panel awards Exxon Mobil $908 million in Venezuelan oil dispute
02 Jan 2012
Exxon Mobil Corp has got less than 10 per cent of what it was seeking after its assets were nationalised under President Hugo Chávez
Verizon 4G outages seen harming its reputation
30 Dec 2011
Spain’s Repsol to acquire Russian oil and gas explorer Eurotek for $230 mn
30 Dec 2011
Repsol holds 49 per cent in the $840 million joint venture, while Russian-Kazakh peer Alliance Oil holds the remaining 51 per cent
Chesapeake Energy to sell pipeline system to affiliate for $865 million
29 Dec 2011
Chesapeake, the second largest natural gas producer in the US, is selling Appalachia Midstream Services, which owns 47 per cent of a 200-mile pipeline that transports more than 1 billion cubic feet of gas a day
Tepco shares plunge over nationalisation fears
28 Dec 2011
The New York Times Co to sell 16 publications to Halifax Media
28 Dec 2011
As the 160 year-old The New York Times Co struggles to cope with declining advertising revenues, it is selling 16 regional publications for $143 million
GSM networks vulnerable to hacking: Researcher
27 Dec 2011
A widely used wireless technology could allow hackers to gain remote control of any GSM mobile phone because of outdated mobile network security