LONDON, Oct 27 (Reuters) - U.S. oil major Chevron Corp has replaced Britain's BP Plc as the third-largest non-government controlled oil company in the world, as problems in Russia and sterling weakness weigh on BP.
October 27th, 2008:
Chevron replaces BP as third-biggest oil major
London stockmarket plunges again on fears of deep worldwide recession
The London stockmarket plunged by more than 5% again this morning as the turmoil in the world's financial markets continued.
Nouriel Roubini: I fear the worst is yet to come
When this man predicted a global financial crisis more than a year ago, people laughed. Not any more...
Former UN official critical of action by gardaí to control anti-Corrib protestors
THE METHODS used by gardaí to control anti-Corrib gas protesters was ugly, according to a former UN official. And the failure by the Government to find settlement on the issue disappoints.
Relocation of Bellanaboy site in Corrib project not an option, Shell says
Shell, lead developer in the Corrib gas project, was responding to comments this week by Richard Kuprewicz of Accufacts Inc, an independent investigator of pipeline accidents and author of a review of the controversial gas pipeline, published in late 2005.
Results for oil giants BP and Shell won’t help their popularity
Expect to see a gush of black, sticky and highly toxic opprobrium to be poured over BP and Royal Dutch Shell this week.
Shell, BP May Post Higher Profit; Investment Plans Under Review
Oct. 27 (Bloomberg) -- Royal Dutch Shell Plc and BP Plc, Europe's largest oil companies, may say third-quarter earnings rose from a year earlier while falling short of record second- quarter profits, after crude fell 53 percent from its July peak.