BP to Sell Four Oil Fields in Gulf of Mexico for $650 Million

BP (BP) will sell four deep-water oil and gas fields in the Gulf of Mexico for $650 million.

The company will sell the fields to Marubeni Oil and Gas, a unit of Japan’s Marubeni Corp., The Wall Street Journal said. The deal could be completed by early 2011.

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The oil giant’s net production from these fields is about 15,000 barrels of oil equivalent a day. The fields “did not fit well…

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BP to Sell Four Oil Fields in Gulf of Mexico for $650 Million originally appeared on DailyFinance on Mon, 25 Oct 2010 07:26:00.

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Gemalto Sues Google Over Android OS

Gemalto NV, a Dutch maker of security software, sued Google (GOOG), saying that the Android smartphone operating system used its software without permission.

The complaint accuses Google of improperly including Gemalto’s Java Card technology in the Android development platform, Bloomberg News said.

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Java Card allows software written in Java and other programming languages to work on…

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Gemalto Sues Google Over Android OS originally appeared on DailyFinance on Mon, 25 Oct 2010 06:32:00.

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Week in Preview: The Earnings Crunch Continues

Dozens of companies report earnings this week, and analysts surveyed by Thomson Reuters are anticipating lots of strong quarterly reports. Among those posting improved results should be Microsoft and Visa. However, likely to p…