Eni and Vitol Sign Memo Of Understanding To Develop Gas Block in Ghana
Italian oil company Eni SpA (E) and Swiss oil trader Vitol Group have signed a memorandum of understanding with the Ghanaian government and Ghana National Petroleum Corp for the development and commercialization of natural gas in the Offshore Cape Three Points Block in the Tano Basin of Ghana, the
Siemens May Cut Thousands Of Jobs - Report
German industrial conglomerate Siemens AG (SIE.XE), may axe thousands of jobs with a decision possible in October or November, financial daily Boersen Zeitung reports Tuesday.
Total Still Investing In Kurdistan Oil Despite Baghdad Threats
Total SA (TOT) still sees tremendous potential for oil exploration in Kurdistan and has continued to invest there despite warnings from the Iraqi central government that doing so could jeopardize its projects in the south of the country, a person familiar with the matter told Dow Jones Newswires.
Samsung Plans $4 Billion Investment In Texas Plant
Samsung Electronics Co. (005930.SE) said Tuesday it plans to invest about $4 billion in its chipmaking factory in Austin to ramp up chip production to meet rapidly growing demand for mobile processors used in smartphones and tablet devices.