A jewel in crown of Mobil becomes a thorn in its side; big Indonesian gas field is target in a guerrilla war

Article Abstract:

The oil fields in the northern tip of Sumatra have been one of the main producers for Mobil before and after its merger into ExxonMobil. Now they are the scene of guerilla warfare between secessionist rebels of the Aceh Province and troops of the Indonesian government.

Indonesia, Guerrilla warfare, Exxon Mobil Corp.

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AIG agrees to revised Hyundai deal

Article Abstract:

A consortium headed by American International Group Inc. has reached a deal to acquire management control of Hyundai Securities Co. The deal, including some other Hyundai Group units, is valued at 1.1 trillion won (945.5 million euros).

South Korea, Asset sales & divestitures, Securities Dealers, Investment Banking and Securities Dealing, Acquisitions & mergers, Insurance, Insurance Carriers and Related Activities, Security brokers and dealers, INSURANCE CARRIERS, Mergers, acquisitions and divestments, Insurance industry, Securities industry, American International Group Inc., AIG, Hyundai Securities Company Ltd.

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Energy sector renews interest in natural gas

Article Abstract:

Major energy companies are investing in the exploration and distribution of natural gas around the globe. As the price of crude oil rises and the petroleum industry struggles to meet the world's increasing energy demands, natural gas is becoming an attractive alternative to oil.

United Kingdom, Strategy & planning, Market information - general, Sales & consumption, Contracts & orders received, Facilities & equipment, Commodity & service prices, Management dynamics, Crude Petroleum & Natural Gas, Africa, Russia, Natural gas liquids, Petroleum refining, Middle East, Contracts & orders let, Oil & Gas Extraction, Oil and Gas Extraction, Industry Overview, Management, Planning, Prices and rates, Equipment and supplies, British Petroleum Company PLC, Supply and demand, International aspects, Contracts, Contract agreement, Natural gas exploration, Company business management, Company business planning, Oil and gas exploration, Company pricing policy, Consumption data, Aims and objectives, Petroleum and gas industry software

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