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Oil giants making £84m profit a day despite pain for millions at pump
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Monday, 25 July 2011
Oil giants making £84m profit a day despite pain for millions at pump
BP and Shell are about to unveil combined quarterly profits in excess of £7.5billion. Despite their massive windfalls there is no relief in sight for long-suffering drivers.
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Range Announces Second Quarter 2011 Results
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Monday, 25 July 2011
Range Announces Second Quarter 2011 Results
RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its second quarter 2011 results. The favorable second quarter results were driven by higher producti...
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Oil falls on U.S. debt concerns
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Monday, 25 July 2011
Oil falls on U.S. debt concerns
NEW YORK, July 25 (Xinhua) -- U.S. crude oil price fell on Monday as debt concerns weighed amid no agreement reached by Democrats and Republicans. Light, sweet...
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Budget airline Ryanair Q1 net profit rises 1 percent; oil price offsets gains
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Monday, 25 July 2011
Budget airline Ryanair Q1 net profit rises 1 percent; oil price offsets gains
(ChinaPost.com.tw) - Budget airline Ryanair posted a 1 percent gain in net profit in the first quarter as higher oil prices largely offset increased revenue....
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Gas and diesel prices rising again; big oil earnings expected
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Monday, 25 July 2011
Gas and diesel prices rising again; big oil earnings expected
Motorists will likely find little relief at the gasoline pump in the coming weeks. Prices are rising again after consumers experienced only modest decreases in...
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Crisis watch

  • Dura aterragem na Venezuela
    A Venezuela está à beira do precipício. A ação concertada ainda pode evitar a sua queda. Mas quanto mais se atrase, mais venezuelanos morrerão por falta de medicamentos, pela má nutrição ou pela violência.
  • South China Sea Ruling Sweeps Away Diplomatic Ambiguities
    Tuesday?s ruling by the International Tribunal on the Law of the Sea has bought a little clarity to the problems in the South China Sea, but it has not made solving the underlying problems significantly...
  • China Hardens Position on South China Sea
    China has taken a leap towards clarifying its claims in the South China Sea, but in a direction that could intensify frictions.
  • Erdo?an?s Pyrrhic victory
    Paradoxes have always abounded in the relationship between the Turkish military and the country?s politicians. Turkey?s armed forces ? or factions within them ? have justified their repeated interventions in politics with claims that they...
  • Venezuela?s hard landing
    Venezuela is on the edge of the precipice. Concerted action may yet pull it back. But the longer it is delayed, the more Venezuelans will die from lack of medicines, malnutrition or violence.