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Handelsbanken takes over Plastal units
Swedish banking group Handelsbanken said on Thursday it had taken over some units of bankrupt auto component maker Plastal from receivers.
IB Times Friday, July 03, 2009

Quebecor World reorganization plans approved
Bankrupt commercial printer Quebecor World Inc said on Thursday that its U.S. and Canadian plans of reorganization have been approved by a U.S. bankruptcy court and the Quebec Superior Court.
IB Times Friday, July 03, 2009

Ford sales jump, rest of Canada auto sector slumps
Ford Motor Co of Canada was the number one selling automaker in the country for the first time in 50 years as it posted a 25 percent jump in sales in June over a year earlier, the company said on Thursday.
IB Times Friday, July 03, 2009

EU: no probe of German state aid for Opel for now
The European Commission is not investigating for now German state aid to ailing car maker Opel, a spokesman said on Friday.
IB Times Friday, July 03, 2009

OPEC's Oil Price Takes a Hit, Settles at $67
OPEC's oil price plunged by $2.22 Thursday, the group said Friday, as the United States and the European Union reported rising jobless rates.
rigzone.com Friday, July 03, 2009

OPEC Sees Crude Price Best at $68 to $71/Barrel
Angolan Oil Minister and OPEC president Jose Maria Botelho de Vasconcelos said Friday a crude oil price of $68 to $71 a barrel was the best price for a stable industry.
rigzone.com Friday, July 03, 2009

OPEC and IEA Agree Not to Disagree: A Good Omen for the Industry
Usually at odds on major issues, OPEC and the IEA agree that the world of energy today increasingly appreciates that wide scale speculation in oil markets carries tremendous risks.
rigzone.com Friday, July 03, 2009

Polish President Plays Down Azerbaijani-Russian Gas Deal
President Lech Kaczynski, commenting on the Russian-Azerbaijani gas deal signed a few days ago, said that in view of small quantities involved it is of a symbolic nature.
rigzone.com Friday, July 03, 2009

PetroChina boosts output at Sulige gasfield
Top oil and gas firm PetroChina raised daily output at its largest Sulige gasfield, in northern China's Ordos Basin, to 25.6 million cubic metres, up 67 percent from last July, its parent CNPC said.
IB Times Friday, July 03, 2009

VW says June unit sales up 6 pct
Volkswagen chief executive Martin Winterkorn said Europe's largest auto maker sold 6 percent more cars and transporters in June than in the same month a year earlier.
IB Times Friday, July 03, 2009

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