Production at Thunder Horse oil rig delayed until 2008: BP
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Energy giant BP says the launch of its Thunder Horse oil rig in the US Gulf of Mexico will be delayed until at least 2008 because metal components have failed safety tests.
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Electronic Data Systems Corp. EDS.N,  the world's second-largest technology services provider, on  Monday said it has postponed its earnings announcement until  Nov. 3 to evaluate a possible assets impairment of its  problematic Navy contract.
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Oil major BP Plc BP.L BP.N is   aiming to restart oil production at the eastern half of the   giant Prudhoe Bay oil field in Alaska by the end of September,   sources familiar with the company's plans said on Thursday.
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Lufthansa and Emirates said Tuesday that their orders for A380 superjumbos will be delayed by up to a further year, and Airbus parent EADS was expected to reveal the full extent of production problems holding back its flagship jet program.
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Shell has pledged to spend more cash on finding oil and gas over the next three years as the world&#39;s No.3 oil company admitted that its production was likely to be flat until 2009.
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BP Plc, the world&#39;s second-largest publicly traded oil company, said oil and gas production rose 11 percent in the third quarter, less than analysts expected, as storms in the US Gulf of Mexico restrained growth.
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A unit of Occidental Chemical Co.   has pushed back planned construction of a liquefied  natural gas (LNG) terminal near Corpus Christi, Texas, a  company spokeswoman said Friday.
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Kazakhstan says that the deadline for talks about the Kashagan oil field has been delayed until 15 January.
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THUNDER HORSE PLATFORM, Gulf of Mexico -- The day after massive Hurricane Dennis churned through the Gulf of Mexico in July 2005, a commercial vessel traveling past BP PLC's hulking Thunder Horse oil platform radioed the bad news to its owner: The platform's top deck was listing into the water.
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The record is in response to the slow recovery of US oil production after Hurricane Ivan in Florida, as well as unrest in key producers Saudi Arabia, Iraq and Nigeria.
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CALGARY, Alberta  - Canadian oil production will grow 9 percent this year, the country's national energy regulator said on Thursday, due to growing output from the Alberta oil sands and offshore oil projects.
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Oil major BP Plc  said on  Thursday it will delay to next week its decision on whether to  completely shut down the western portion of its 400,000 barrels  per day Prudhoe Bay oil field.
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Exxon Mobil Corp.  plans to spend about $20 billion annually through 2011 and start production at 25 major oil and gas projects over the next three years, the world's largest publicly traded oil company said on Wednesday.
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Iran's Bushehr nuclear plant will not be operational until late 2008 at the earliest, Russian officials say.
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Crude oil futures traded near a record on concern supply from the Gulf of Mexico will be reduced while hurricane repairs are completed during the next six months.
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A unit of Occidental Chemical Co.  has pushed back planned construction of a liquefied natural gas (LNG) terminal near Corpus Christi, Texas, a company spokeswoman said Friday.
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BP BP.L told U.S. lawmakers on   Thursday that it could restart its giant oil field in Alaska by   the end of October after rusty pipelines forced part of the   field shut last month, though a former senior BP manager in   Alaska refused to testify about the pipeline corrosion.