(Bloomberg) — Turkish Foreign Minister Mevlut Cavusolgu slammed Greece for inviting military commander Khalifa Haftar to Athens last week and said it was trying to sabotage efforts for peace in Libya in a bid to impose its own maritime claims on the country. “Greek efforts to derail the push for peace in Libya are in

BERLIN/ZUEITINA — The United Nations envoy to Libya said on Saturday he hoped but “could not predict” whether eastern oil ports shut ahead of a Berlin summit aimed at reaching a truce in Libya would be reopened soon. Oil export terminals across eastern and central Libya were shut on Friday by tribesmen allied to commander

Oilfield services provider McDermott International Inc is preparing to file for bankruptcy as soon as next week, Bloomberg reported on Friday, citing people with knowledge of the matter. McDermott is discussing a restructuring plan in which its debt could be converted into equity, with its group of lenders getting the majority of the shares, the report said. Unsecured creditors would receive less than 10% of the equity along with warrants, according to one of the people cited in the Bloomberg report.

Guyana has been the offshore success story of 2019, and Suriname could be the story of 2020 after Apache and Total made a significant discovery of both oil and condensate off its coast

CARACAS — The U.S. Treasury Department on Saturday granted permission for Chevron Corp, the last major U.S. oil company operating in Venezuela, to continue working in the country until April 22. The United States last year imposed sanctions that barred imports of Venezuelan oil and transactions made in U.S. dollars with Venezuela’s state-run oil company

CARACAS — The U.S. Treasury Department on Saturday granted permission for Chevron Corp, the last major U.S. oil company operating in Venezuela, to continue working in the country until April 22. The United States last year imposed sanctions that barred imports of Venezuelan oil and transactions made in U.S. dollars with Venezuela’s state-run oil company

For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you...

If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share...

BERLIN — The United Nations envoy to Libya said on Saturday he hoped but “could not predict” whether eastern oil ports shut ahead of a pending Berlin summit aimed at reaching a truce in Libya would be reopened soon. Ghassan Salame said the Berlin summit scheduled for Sunday would likely discuss the closures to avoid

Dividend paying stocks like CVS Health Corporation (NYSE:CVS) tend to be popular with investors, and for good reason...

The big U.S. banks reported earnings for the fourth-quarter of 2019, seeing decent top-line growth as a result of a strong U.S. consumer. But the bottom line earnings were helped by share buybacks.

U.S. homebuilding soared to a 13-year high this past December.

Today we are going to look at The Williams Companies, Inc. (NYSE:WMB) to see whether it might be an attractive...

BERLIN — The United Nations envoy to Libya said on Saturday he hoped but “could not predict” whether oil ports in the east of the country that were closed on Friday would be reopened in a few days. “If the thing is not solved between today and tomorrow I expect the issue to be raised,

Iran’s supreme leader threw his support behind the elite Revolutionary Guards in a rare sermon on Friday after their belated admission that they had accidentally downed an airliner triggered days of street protests. US-CHINA-HEALTH-PNEUMONIA/ China reports new virus cases, raising concern globally before key holiday China reported four more cases of pneumonia believed to be

CAIRO — The United Nations mission in Libya said on Saturday it was deeply concerned over efforts to disrupt oil production in the country and urged all sides to exercise restraint. “This move would have devastating consequences first and foremost for the Libyan people who depend on the free flow of oil for their well-being,”

KIGALI — Rwanda’s economy is expected to grow by 8% this year and in 2021 versus an estimated 8.5% in 2019, boosted by private investment and trade, the International Monetary Fund (IMF) said. The small East African nation’s economy relies largely on agriculture, tourism and mining. The government also forecasts it will grow 8.5% in

Parts of Australia’s east coast were hit by severe storms on Saturday, dousing some of the bushfires that have devastated the region for months but causing road closures and flash flooding. INDIA-MALAYSIA/ To defuse palm row, Davos diplomacy likely between India, Malaysia Trade ministers from India and Malaysia are likely to meet on the sidelines