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NEW ORLEANS (AFP)--A disruptive storm system moved toward the Gulf of Mexico oil spill area Saturday, forcing response crews to head inland for safety and halting work to permanently plug the ruptured BP (BP) well. Tropical depression Bonnie sent crews packing aboard 11 offshore platforms, a con
Read more(This item was originally published Thursday.) By Hassan Hafidh Of DOW JONES NEWSWIRES BAGHDAD (Dow Jones)--The Iraqi oil ministry has asked BP PLC (BP) and its partner China National Petroleum Corp., or CNPC, to change the signature bonus for the Rumaila oil field to unrecoverable but
Read moreFormer U.K. justice secretary Jack Straw on Friday turned down an invitation to appear before a U.S. Senate committee hearing on the Lockerbie bomber's release from prison, Sky News reports. "I do not see how I could help," Straw wrote in a letter to Sen. Robert Menendez (D., N.J.). He also insi
Read moreAmong the significant conferences next week are the Keefe, Bruyette & Woods Inc. Community Bank Investor Conference from Monday through Wednesday in New York and Financial Services Exchange Conference from Wednesday through Saturday in Fort Lauderdale, Fla. -By Kathy Shwiff, Dow Jones Newswires
Read moreBy Kathy Shwiff Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Four components of the Dow Jones Industrial Average and 135 other companies in the Standard & Poor's 500 Index are scheduled to report quarterly results next week. Economists expect a government report next week to show new-hom
Read moreHOUSTON (Dow Jones)--About 28% of oil production and about 10% of natural-gas production in the Gulf of Mexico was shut down Friday due to Tropical Storm Bonnie, the Bureau of Ocean Energy Management, Regulation and Enforcement said. Estimated energy production from the Gulf of Mexico as of Marc
Read more1758 GMT [Dow Jones] Credit swaps on BP and Transocean are wider as Tropical Storm Bonnie forced a delay to efforts to seal the leaking oil well in the Gulf. CDS on BPLN is 4BP wider at 353BP, while Transocean is 12BP wider at 478BP, according to Markit. CDS on Anadarko were improved by 16BP to 438B
Read moreMotiva Port Arthur 285.0 Repairs on DCU pump June 8-13. TX Expansion project to increase 1Q throughput capacity by 325,000 2012 b/d, to 610,000-b/d, slowed. Comple
Read moreDOW JONES NEWSWIRES The following table lists unplanned and planned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and doesn't purport to be a comprehensive list. Murphy Oil Corp. (MUR)
Read moreThe day that was not without excitement, but shares were little changed overall amid uncertainty ahead of European banking stress tests due after the close. The best performing blue-chip was chip designer ARM Holdings . It was already higher, helped by strong results from US tech giant Microsoft ov
Read moreLONDON (Dow Jones Investment Banker)--The following columns have been published exclusively on Dow Jones Investment Banker in recent days. Many Dow Jones Investment Banker columns contain spreadsheets, video, PDFs and other supporting material. To arrange access to the best of Dow Jones news and opi
Read moreBy Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--The vessels drilling relief wells at the BP PLC (BP) spill site are demobilizing and could leave the Deepwater Horizon site Friday ahead of a tropical storm, the head of the federal oil spill response team said. In a teleconfe
Read moreLeading blue-chips continue to drift lower with investors happy to bank the week's profits ahead of the week-end and the announcement of the results of the European banking stress tests at 5:00pm today. Not surprisingly, banks feature prominently among the losers with Standard Chartered, HSBC and L
Read moreBy Polya Lesova U.S. stock futures moved higher on Friday, buoyed by strong economic data from Germany and the U.K., and as Honeywell and Ford among many other major companies released results, while the main event of the day remained disclosure of European banks' "stress tests." Futures on
Read moreBy Polya Lesova U.S. stock futures held their gains in the wake of two big earnings reports, from Honeywell and Ford. Futures for the Dow Jones Industrial Average were last up 30 points to 10297, while those for the S&P 500 rose 4 points to 1091.70. Futures for the Nasdaq 100 rose 8 points
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