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>> SOUTH CHINA SEA Latest News

SEP 20, 2014 - Zero Hedge

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Russia FinMin Calls For Shift Away From US Treasurys Into BRIC Bonds, Settlement In Non-Dollar Currencies

It is no secret that Russia has had enough of the Petrodollar, and in light of ongoing western sanctions - which many view not so much as a reaction to events in Ukraine bur merely as an attempt to halt the Russian revolution against the Petrodollar status quo, crushing its economy before the momentum grows and more countries join Moscow ...

Tags: Russia FinMin Calls For Shift Away From US Treasurys Into BRIC Bonds, Settlement In Non-Dollar Currencies,  South China Sea Latest News

SEP 18, 2014 - TheStreet

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SEP 18, 2014 - TheStreet

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How to Position for Turnaround at Battered Oil Servicer McDermott

NEW YORK (TheStreet) -- Houston-based oil and gas services company McDermott International has struggled with losses on projects, but a turnaround -- and a profitable backlog -- looks to be on track. In the first six months of operations this year, the oil and gas equipment and services companyahas reported operating losses of $13.5 million. Moreover, during the second quarter's ...

Tags: How to Position for Turnaround at Battered Oil Servicer McDermott,  South China Sea Latest News

SEP 18, 2014 - The Economist

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Companies and geopolitical risk: Profits in a time of war

ISLAMIC STATE may be a geopolitical threat, but it has not yet posed much of a danger to business. A day’s drive from the fighting, in Kurdish-run Iraq, three Western oil firms, Genel Energy, DNO and Gulf Keystone, continue to pump out crude that is piped or sent by road to Turkey. Their combined market value plunged after IS seized ...

Tags: Companies and geopolitical risk: Profits in a time of war,  South China Sea Latest News

SEP 18, 2014 - TheStreet

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How Cnooc, PetroChina May Benefit From Disputed South China Sea

TAIPEI, Taiwan (TheStreet) -- China's landfill projects in the South China Sea, though unpopular with its neighbors and the U.S., should boost Chinese state oil drillers Cnooc Ltd. aand PetroChina , both of which trade in the U.S., because an expansion or strengthening of China's claims would smooth exploration for those companies. China's addition of landfill to otherwise submerged atolls ...

Tags: How Cnooc, PetroChina May Benefit From Disputed South China Sea,  South China Sea Latest News