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Armor Designs, which develops lightweight armor, admits there's "much work to be done" after net losses grew from $6.8m to $7.8m in the first six months of 2010 despite an increase in sales to $577,000. "We continue to pursue new capital in order to allow us to move quickly to improve our results a
Read moreDOW JONES NEWSWIRES An executive with PetroChina (PTR, 0857.HK) said his company would welcome the "opportunity to work more closely together" with BP (BP, BP.LN), The Financial Times reports on its website Sunday. According to the report, Mao Zefeng, head of investor relations with PetroChina,
Read moreLONDON (Dow Jones)--BPC PLC (BPC.LN), an oil and gas company, said Tuesday that a new, high specification, preliminary seismic survey has been conducted over a portion of its southern 100% owned licenses in the Bahamas adjacent to Cuba. MAIN FACTS: -Paul Crevello, BPC's COO, was on board the
Read moreBy Matthew Curtin A DOW JONES COLUMN If you've got to flog $10 billion in upstream oil and gas assets, this isn't a bad time to do it. Demand for hydrocarbon assets is buoyant. Oil prices are holding up around $77 a barrel. Global energy consumption is rising again after a rare dip last year
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