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>> SOUTH CHINA SEA Latest News

9 HOURS AGO - TheStreet

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13 HOURS AGO - 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

14 HOURS AGO - 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

16 HOURS AGO - 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

SEP 16, 2014 - Associated Press

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China rig finds gas after Vietnam sea standoff

BEIJING (AP) — The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday.

Tags: China rig finds gas after Vietnam sea standoff,  South China Sea Latest News