
China to allow credit default swaps
China has given the green light to controversial credit default swap trading for the first time, signalling that Beijing is willing to let indebted companies fail to stop economic slowdown. ... more
|  |

Iraq-focused Gulf Keystone Petroleum ready to rise
Iraq-focused oil player Gulf Keystone Petroleum said it was on the cusp of recovery with its strong position in a field that was doing better than expected. ... more
|  |
Asteroid tells secrets of Earth's 'far wetter' building blocks
Boeing accelerates spacecraft production with 3D-printed solar panel structures
The Fun Side of Randomness
|  |

Helicopter safety on Statoil's radar after fatal April accident
Norwegian energy company Statoil said it would learn from the lessons on stove-piping after publishing findings from a fatal April offshore accident. ... more
|

No oil production cuts on table, Russia says
Russia's energy minister said Thursday there are no proposals on the table to cut crude oil production, though a move to hold levels steady is under review. ... more
|  |

Rig builder Lamprell said it's able to weather the storm
Rig builder Lamprell said it was able to post a profit during a rough patch for the industry and was in a strong position to ride out the oil market storm. ... more
|
 |

Tullow: Losses from fault at Ghanaian oil field covered
Tullow Oil, a company operating one of the larger oil fields offshore West Africa, said it was working to recoup losses from an equipment failure this year. ... more
|  |

Maersk splits in two
Danish group A.P Moeller-Maersk said Thursday it was splitting the company in two, with its oil-related business spinning off to focus on the North Sea. ... more
|