Monday, May 21, 2012
1. This U.S. energy fact could blow your mind
 
2. Barclays: There is "no way" oil prices can fall now
 
3. The five big myths about "peak oil"
 
1. Euro CRISIS: It could be "game over" for Greece as early as tomorrow
 
2. A stock market update from "Dr. Copper"
 
3. New discovery puts an end to the 2012 Mayan "apocalypse" predictions
 
4. This unusual "indicator" could be the best warning that Greece is leaving the euro
 
5. You won't believe who JPMorgan just put in charge of its huge derivatives portfolio
 
Huge crude oil deal closes in Iraq...
Advertisement
Wednesday, June 24, 2009
Text Size: increase text size decrease text size

By Daily Crux Editor Sean Goldsmith:
 
China's second-largest oil producer, Sinopec, paid $7.3 billion to buy Addax Petroleum - a Swiss explorer with reserves in Iraq's Kurdish region and Africa.

The takeover was at a 47% premium to Addax's closing price June 5 - the day before the company announced it was in takeover talks.

China, which imports about half its crude, is looking to diversify its oil supplies, and ensure its massive demand can be met in the future.

Read full article...

More on Iraqi oil:

Iraqi oil update: Russians join the mad dash

Big Oil going nuts over gigantic new crude oil supply

How to get in early on the greatest untapped oil field in the world

Topics: Energy | Commodities
RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.
Home | About Us | Archive | Partner | RSS