eNCAOil creeps up towards $70eNCALONDON - Oil rose towards $70 (R827) a barrel on Monday, lifted by a drop in drilling activity in the United States (US) and concerns that Washington could reintroduce sanctions against Iran. US drillers cut seven oil rigs …

Business StandardOIL seeks shareholders' approval to raise 7000 cr through bondsBusiness StandardOIL intends to raise the amount through issue of redeemable non-convertible debentures/bonds on private placement basis from domestic as well as internatio …

ReutersHedge fund wants to unify BHP's corporate structure, split off US oilReutersSYDNEY Hedge fund manager Elliott Advisors said on Monday it had sent a letter to BHP Billiton directors outlining a plan to unlock value by scrapping the mining giant&# …

IL&FS Engineering plans to raise Rs. 500 crHindu Business LineIL&FS Engineering and Construction Company is one of the leading multinational infrastructure development, construction and project management companies. The company executes projects un …

FortuneBP Will Pay $175M To Settle Shareholder Lawsuit Over Gulf of Mexico Oil SpillFortuneIn 2014, U.S. District Judge Keith Ellison in Houston said investors who bought BP's American depositary shares soon after the explosion could pursue claims as a …

Sirg.coGeometric buy will help HCL strengthen its engineering R&D segmentHindu Business LineThe deal gives HCL a stronger foothold in the Engineering R&D segment, which contributed 18.6 per cent of its business in the December-ended quarter. Bengal …

Railway Gazette InternationalMerger forms DB Engineering & ConsultingRailway Gazette InternationalGERMANY: Deutsche Bahn has reorganised its infrastructure engineering business with the merger of DB ProjektBau and DB International to form DB Engineerin …

The Globe and MailSuncor wins over majority of Canadian Oil Sands shareholdersThe Globe and MailSuncor Energy Ltd. said Canadian Oil Sands Ltd. shareholders holding more than two-thirds of the stock tendered their shares in a C$4.3-billion ($3.2-billion) t …

The Globe and MailCanadian Oil Sands calls on Suncor to disclose support level of takeover bidThe Globe and MailCanadian Oil Sands on Monday said Suncor had an obligation to disclose how many COS shareholders accepted the hostile offer following what it ca …

The Globe and MailCanadian Oil Sands claims victory, calls for Suncor to disclose details to publicThe Globe and MailCanadian Oil Sands Ltd. is calling on Suncor Energy Inc. to disclose details of how shareholders reacted to its $4.3-billion hostile takeov …