Halliburton sees moderate Permian growth on pipeline worries
(Reuters) – Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin…
Siemens, Alstom deal faces full-scale EU antitrust probe: sources
BRUSSELS/FRANKFURT (Reuters) – Siemens (SIEGn.DE) and Alstom (ALSO.PA) are set to face a full-scale EU antitrust investigation this week after declining to provide concessions to allay regulatory concerns about their…
Kinder Morgan to restart construction on Trans Mountain in August
(Reuters) – Kinder Morgan Canada Ltd said in a filing on Tuesday it is restarting construction in August on the Trans Mountain pipeline’s expansion after halting work in the spring…
Siemens wins $2 billion contract to build new London Tube trains
LONDON (Reuters) – A division of Germany’s Siemens (SIEGn.DE) has been awarded a contract worth about 1.5 billion pounds ($2 billion) to design and build 94 new trains for the…
Russia gives tentative nod to Schlumberger’s acquisition of EDC stake
MOSCOW (Reuters) – Russia has given preliminary approval to a bid by U.S. oilfield services giant Schlumberger to acquire up to 49 percent of Russia’s Eurasia Drilling Co (EDC), an…
Trade tensions set for brighter U.S. corporate spotlight
NEW YORK (Reuters) – The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of multinational companies reports quarterly…
Saudi Aramco studying chemical plant addition at Port Arthur refinery: sources
HOUSTON (Reuters) – Saudi Aramco IPO-ARMO.SE is studying a multi-billion dollar plan to build a petrochemical plant at the Port Arthur, Texas, refinery operated by its subsidiary Motiva Enterprises LLC…