NEW YORK (Reuters) – Quicken Loans, the third biggest mortgage lender in the U.S., is considering backing away from a government program that provided critical support to the housing market during…
BOSTON (Reuters) – Billionaire investor William Ackman’s Pershing Square Capital Management has lost 15 percent this year, having trimmed its losses as Valeant Pharmaceuticals gained nearly 10…
Walter Oil & Gas Corp. has announced the installation of the recently completed Coelacanth field platform at Ewing Bank block 834 in the Gulf of Mexico.
Seatronics and 2G Robotics recently conducted a demonstration of the ULS-200 with Total Marine Technology.
BOSTON (Reuters) – Daniel Loeb’s main portfolio at hedge fund Third Point is nearly flat for the year, putting the billionaire investor far ahead of some industry rivals who have suffered heavy…
Lamprell currently has a record seven jackups under construction at its Hamriyah yard in the UAE.
ONGC has two new discoveries offshore India.
Lekoil (AIM: LEK) has agreed to acquire Afren’s 22.86% interest in OPL 310 offshore Nigeria, which includes the potentially large Ogo oil and gas discovery, for $13 million.
Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to Italian gas infrastructure company Snam for EUR 208 million ($220 million).
BOSTON (Reuters) – Hedge fund mogul Daniel Loeb’s flagship portfolio is nearly flat for the year, two sources who have seen the numbers said.