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BP profits fall due to decline in oil prices

2015-02-03 01:00:00| Offshore Technology

BP has reported lower profits for the fourth quarter of 2014 and announced it will reduce exploration investment due to the decline in oil prices.

Tags: due prices fall oil

 

Fast Food, Consumer Goods Firms Fall Short on Recycling -- Study

2015-02-03 00:06:01| Waste Age

Few food retail and consumer goods companies have strong packaging recycling or sustainability practices, according to a new report by two environmental advocacy groups. read more

Tags: short fast food study

 
 

Exxon, Chevron set to boost production just as prices fall

2015-02-02 22:36:20| Chemicals - Topix.net

Exxon Mobil has been working for years on a fleet of enormous new oil and gas projects in places such as Abu Dhabi, Russia, Papua New Guinea, and the Gulf of Mexico designed to turn around what has been a consistent and alarming slide in oil and gas production. A record 8 of these mega-projects came on-line last year, Exxon said Monday - just as oil prices were falling by more than half.

Tags: set prices fall production

 

Abbvie Projects $3B Sales For HCV Cocktail, But Shares Fall 3%

2015-02-02 19:46:47| Biotech - Topix.net

Abbvie reported solid Q4 earnings last week, despite one-time expenses for fees related to backing out of acquiring Shire Plc. Management did nothing to assuage investors that its HCV regimen was on pace to achieve its $2 billion 2015 revenue target.

Tags: sales fall projects shares

 

Asian stocks fall on weak China data

2015-02-02 03:21:42| BBC News | Business | UK Edition

Asian markets are mostly lower after activity in China's manufacturing sector shrank for the first time in more than two years.

Tags: data china fall asian

 

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