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Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding system that gives a privileged position to state-run Petroleo Brasileiro SA ......»»

Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up promising offshore blocks and forcing officials to reconsider a bidding system that gives a privileged position to state-run Petroleo Brasileiro SA ......»»

Oracle is fighting back on a federal court ruling that blocks its access to bid on a massive $10 billion winner-take-all Department of Defense cloud contract, appealing the court's decision. In July, the Court of Federal Claims issued an opinion that Or.....»»

President Donald Trump met with the leaders of Japan, Germany and India on the sidelines of the G-20 meeting in Osaka, Japan, and said he was optimistic about making trade deals with all three of those countries......»»

The European Union's antitrust regulator says it's blocking a planned merger between German steelmaker Thyssenkrupp and India's Tata Steel because the move would have cut competition and pushed up prices......»»

A unit of State Bank of India, which is overseeing the bidding process for Jet Airways Ltd, said on Friday it had received a sealed bid from Etihad Airways, and it would submit the bid to lenders of the ailing carrier for examination......»»

Creditors of India's beleaguered Jet Airways say they are "reasonably hopeful" that a bidding process with potential investors for a controlling stake in the airline will save the company......»»

Lenders to India's Jet Airways Ltd said on Thursday they are "reasonably hopeful" that the bidding process for the grounded airline will end successfully......»»

U.S. oil major Exxon Mobil Corp said on Tuesday its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina......»»

The world's largest democratic el.....»»

The famed bond investor recommended buying the SPDR S&P Oil & Gas Exploration & Production ETF and pairing it with a Facebook short......»»

Bunder project in Madhya Pradesh is the only operational diamond mine in India on which exploration is estimated to become viable.....»»

Two of the major Indian airline companies, IndiGo, and Jet Airways, as well as the Tatas, have reportedly ruled themselves out from the bidding race to buy Air India.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The remark was made a month before the release of the information memorandum for sale of the government's 76 per cent stake in Air India.....»»

This comes at a time when Union Cabinet relaxed rules for Coal India to extract natural gas below coal seams in its blocks.....»»

The Cabinet today relaxed rules for state-owned Coal India Ltd for extraction of natural gas lying below coal seams in its blocks in a bid to quickly boost production. Till now, Coal India Ltd had to apply to oil ministry for a.....»»

ONGC, Jindal Drilling, Hindustan Oil Exploration and Deep Industries were up in the range of 3% to 7% after oil prices rose more than 3% on Tuesday......»»

Experts say the government might be pressured to tweak some of the key areas in the preliminary information memorandum that, according to many carriers, make it difficult to bid for Air India.....»»

Outgoing IndiGo president, Aditya Ghosh talks to Business Standard about not bidding for Air India, Pratt & Whitney engine trouble and more.....»»