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2014-09-22 17:50:00

FREDRIKSEN BUING SEADRILL

FREDRIKSEN BUING SEADRILL

Billionaire investor John Fredriksen is considering buying more shares in oil rig operator Seadrill after the stock's sharp fall this year, Norwegian business daily Finansavisen reported on Monday.

"Seadrill is the most important company in the John Fredriksen group," he told the paper." That's the company I will spend the most time and energy on in the time to come, and buying more shares is under consideration given the latest share price developments."

Seadrill, the world's biggest oil rig firm by market capitalisation, has struggled this year and its shares are down 26 percent since the start of the year,…

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Tags: SEADRILL, OIL, NORWAY

Chronicle:

FREDRIKSEN BUING SEADRILL
2019, April, 19, 09:15:00

S.KOREA RENEWABLE ENERGY

South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.

FREDRIKSEN BUING SEADRILL
2019, April, 19, 09:10:00

UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

FREDRIKSEN BUING SEADRILL
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,

FREDRIKSEN BUING SEADRILL
2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

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