PdVSA Expects to Invest $4B in Venezuelan Oil Block with Iran (Rigzone)
Petroleos de Venezuela SA (PVZ.YY), or PdVSA, expects to invest around $4 billion to develop the Ayacucho 7 oil block with Iranian oil firm Petropars, PdVSA said in a statement Tuesday.
PdVSA Expects To Invest $4B In Venezuelan Oil Block With Iran (Zawya)
CARACAS (Dow Jones)--Petroleos de Venezuela SA (PVZ.YY), or PdVSA, expects to invest around $4 billion to develop the Ayacucho 7 oil block with Iranian oil firm Petropars Petropars , PdVSA said in a statement Tuesday.
As oil prices stay high, so do returns on funds (Tacoma News Tribune)
NEW YORK – As consumers turn to air conditioners for relief from high temperatures and set off on summer road trips, it might appear that America’s appetite for natural resources hasn’t ebbed although oil prices have generally been quite high during the past year.
NZ set to punt on oil exploration (AAP via Yahoo!7 Finance)
The Great South Basin oil exploration roulette wheel is open for business again - but this time the punters have enough chips to cover their bets.
Don't Bet on Oil Falling (NZCity)
There's a lot to be said for a diversified share portfolio. There are always industries that are in fashion or out of fashion, but because it is so hard to pick a turning point for a particular industry, we need to cover most of the economy in a single share portfolio.
Special Report: International Investing Guide (Forbes)
Our annual guide for American investors wanting to invest overseas.
UPDATE: House Clears Bill On Foreign Invest Oversight Panel (Nasdaq)
WASHINGTON -(Dow Jones)- The U.S. House on Wednesday cleared for President George W. Bush's signature a business-backed bill that would revamp how the federal government approves large foreign investments in U.S. companies.
Gazprom, Total sign deal to develop Shtokman (NDTV Profit)
MOSCOW (Reuters) - Russian gas monopoly Gazprom and French oil group Total signed a 25-year deal on Friday to develop phase one of the giant Shtokman gas field, large enough to supply the world for over a year.
UPDATE 2-Dubai buys into ICICI, India's second-largest bank (Reuters via Yahoo! Asia News)
DUBAI, July 12 (Reuters) - Dubai's government has bought 2.87 percent of ICICI Bank , India's second-largest lender, through Dubai International Capital, one of the agencies it has used to invest in some of Europe's biggest banks.
Report Reveals Mixed Progress on Iraq Benchmarks (The Online NewsHour)
An interim report delivered to Congress Thursday revealed mixed progress on the political and military benchmarks set for Iraq's government by the United States. Two senators interpret the report and debate how it could affect legislation.
