"Oil Falls For A Fourth Day As U.S. Job Losses Add To Concern Over Demand"
Crude oil fell a fourth day after a report showing that the U.S. unemployment rate surged in December raised concern demand will drop faster than OPEC cuts output....Complete Story
"Petrobras Will Pay Most In Bond Market Since 2003 To Fund Tupi Investment"
Petroleo Brasileiro SA, owner of the Americas’ biggest oil discovery in three decades, will pay the most in the bond market in five years to finance a record investment plan after crude prices tumbled....Complete Story
"Exxon Mobil's Cash Hoard Offers Major Growth Options"
With nearly $40 billion in cash in its coffers, Exxon Mobil holds enough financial firepower to pull off an industry changing transaction....Complete Story
"Santos LNG JV Plans to Boost Employment in '09"
Santos said plans are in place to hire 120 employees in 2009 to work on the proposed Gladstone LNG project that it wants to build with Malaysia's Petronas....Complete Story
"Schlumberger Begins Laying Off Hundreds of US Workers"
Schlumberger has begun laying off hundreds of workers in the U.S. and around the world in the first of what experts say will likely be a wave of job cuts in the energy industry....Complete Story
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