ONLINE FOREX BROKERS

Chevron has reported full-year earnings of US$26.9 billion for 2011 – a new company record. It also retains its guidance of around 1% CAGR in net oil production over the 2010–2014 period and reports that its growth projects are on track. Chevron is looking to grow its oil production at a rate of 4–5% per …

7. One of the most amazing tales ever from Daytona’s sports-car race occurred in 1963, when Marvin Panch, who already had won a Daytona 500, was practicing in Briggs Cunningham’s Birdcage Maserati and something broke. The car flipped, caught fire, and landed wheels up with Panch trapped underneath. NASCAR journeyman driver Tiny Lund—so named for …

Oil and gas firm BowLeven (LON:BLVN) is the subject of a note from Goldman Sachs today, which rates the stock a ‘buy’ targeting a price of 253 pence (current price: 83 pence).Christophor Jost said the firm’s discoveries offshore Cameroon offered significant upside if they are commercialised following a capital markets day on Tuesday.He believes that …

Chevron (NYSE:CVX) reported a drop in its fourth quarter earnings on Friday, as rising oil prices could not offset the decline in its production and sales volumes.For the three months ended December 31, the oil and gas producer posted earnings of $5.12 billion, or $2.58 per share, down over three percent from $5.3 billion, or …

Measures approved by Brussels Eurocrats include an immediate ban on the signing of new supply contracts for Iranian crude oil and petroleum products for EU refineries, with existing contracts being scheduled for phasing out by 1 July. The EU currently buys around 20 percent of Iran’s oil exports. The International Energy Agency estimate that the …