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Transocean (NYSE:RIG) Wins Appeals against Court Ruling – RIG, NGLS, XOM, CVX, AA

The world’s biggest offshore rig contractor, Transocean LTD (NYSE:RIG), declared that it won an appeals court ruling that returns a $15M jury verdict against shipping firm A.P. Moeller Maersk A/S (MAERSKB) over a way to drill fines. Federal Circuit said in a decision posted on its website yesterday that a trial judge was incorrect to […]

Exxon Mobil (NYSE:XOM) In Advance Stages Of Negotiations With Buyers – XOM, OXY, BP, TOT, ECA

Deputy Prime Minister for Energy Hussain Shahristani declared on Tuesday that Exxon Mobil Corporation (NYSE:XOM) announced on Tuesday that it is in last stages of negotiations with possible purchasers to take on the West Qurna 1 oilfield. He declared to reporters on the sidelines of the Oil and Money conference in London that Exxon would […]

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