BP will start drilling in Libya next year, spending more than $1bn (£603m) on its two concessions in the controversial North African country, the company said yesterday. The two enormous blocks – one the size of Kuwait in the offshore...
It said the A1-18/01 (Caliph) well in a frontier area offshore Libya had been plugged and abandoned after fishing attempts were unsuccessful. Global oilfield services provider Schlumberger defines fishing as "the application of tools, equipment and techniques for the removal...
Two DUP MPs from a cross-party group pressing for compensation for victims said meetings with Libyan officials were "positive and constructive". Colonel Gadaffi's regime supplied the IRA with arms during the Troubles. Hailing their mission a success, the MPs said...
Etisalat aims to sell bonds, possibly Islamic, this year or by early 2010, to help finance overseas expansion, its chief financial officer said yesterday. Salem Al Sharhan said the firm was looking to finalise a medium-term note prog-ramme targeting international...
Rocky Mountain CyberKnife in Boulder has completed an upgrade to the next-generation CyberKnife system. General Capital Partners , a Denver-based turnaround-management and investment-banking firm, has been retained by a middle-market asset-based lender to locate a purchaser for the assets...
Cross-border deals as the costly fiasco of the Bharti-MTN reveals requires special laws, sensitivity to individual countries and can be ambitious, but government needs to fine tune the laws while keeping the risk profile in mind. It’s like an inter-caste...
In "The Lunchbreak Chronicles," Chris Preovolos visits El Charrito, Stamford's lone taco truck...View slide shows of the Westhill High School football team's game against Trumbull, along with other weekend game highlights. Do you think Donald Trump knew he was renting...
For those folks who still believe that there’s any redeeming value in the United Nations, consider the bizarre two-hour rant by Libya's dictator Moammar Gadhafi at the U.N. on Wednesday. It was a genuine stream of gibberish, with Gadhafi frequently...
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