Andy Brown

Andy Brown News

  • Exxon, BP Evacuate Iraq Workers as Oil Drilling Continues

    Exxon Mobil Corp. and BP Plc began removing employees from Iraq, OPEC’s second-largest oil producer, after Islamist militants seized cities north of Baghdad and attempted to capture a refinery.

  • Qatar, China Top Ranking of Frontier and Emerging Markets

    Amer Khan says he could sense a stock market rally in late 2012 just from the street scene in Dubai, the financial capital of the United Arab Emirates. Tourists were once again jostling for a spot from which to watch the dancing fountains that adorn the downtown area. Recurring traffic jams, increasing retail sales and a rise in airport passengers were other signals for Khan, the senior executive officer at Dubai-based Shuaa Asset Management.

  • Shell Says Europe Needs $120-a-Ton CO2 to Rival Coal, Wind

    Royal Dutch Shell Plc, Europe’s biggest oil company, said Europe needs a price of $120 per ton of carbon dioxide for natural gas to compete with imported U.S. coal and subsidized renewable energy in power generation.

  • Mouchel Rebounds After Reiterating Banks ‘Fully Supportive’

    Mouchel Plc rose the most on record in London trading as the U.K. provider of road maintenance services said its lending banks remained “fully supportive” of the board, even after its interim chairman resigned.

  • Shell to Start Chinese Shale Gas Project Development From 2014

    Royal Dutch Shell Plc, Europe’s largest oil company, said its shale gas project in China will require billions of dollars in investment from 2014 before it can supply the domestic market.

  • Shell’s Henry Seen as Likely Successor to CEO Voser Next Year

    Simon Henry is the frontrunner among analysts to become the next chief executive officer of Royal Dutch Shell Plc after Peter Voser unexpectedly announced his resignation next year from Europe’s biggest oil company.

  • Best Consumer-Stock Gain May End on South Africa Valuations

    The world’s best-performing consumer stocks have become the lowest-rated by analysts after valuations of South African retailers and food producers climbed to the most expensive levels on record.

  • Electrocomponents Rises in Longest Winning Streak: London Mover

    Electrocomponents Plc, a distributor of more than 550,000 electronics and maintenance products, rose for a 13th day, the longest streak ever, as investors bet that resurgent business in Europe and North America will continue.

  • U.S. LNG Profit Seen Elusive as Price Gap Closes: Energy Markets

    Profits from selling U.S. liquefied natural gas abroad may be elusive, belying the $60 billion race for export licenses as the price gap between Asia and North America shrinks from record levels.

  • Shell Is ‘Welcome Barbarian’ in China’s Shale Gas

    The hilltop city of Yulin, about 500 miles (800 kilometers) southwest of Beijing, was once a strong point in the defensive wall that protected the Chinese heartland from the tribes to the north. An ancient fortress survives in the old part of the city, the Chinese characters for “Suppress the Barbarians” carved over its gate.

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