Statoil, ExxonMobil make big gas find off Tanzania

OSLO (Reuters) - Norwegian oil firm Statoil and ExxonMobil have discovered a large natural gas deposit off the coast of Tanzania and added further resources to another nearby find, Statoil said in a statement on Thursday.


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Global shares slip on weak U.S. data, Italy debt sale eyed

TOKYO (Reuters) - Asian shares slipped on Thursday as weak U.S. retail sales data raised fresh concerns about sluggish economic growth, while an Italian debt auction later in the day will test market confidence in whether Rome can avoid becoming the next victim of the euro zone crisis.


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Monti urges political backing in euro crisis

ROME/BRUSSELS (Reuters) - Technocrat Prime Minister Mario Monti appealed to Italy's politicians on Wednesday to back his tough economic medicine to avoid Rome becoming the next victim of the euro debt crisis, after a bailout for Spain's banks failed to calm markets.


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Chesapeake board nears decision on chairman: director

WASHINGTON (Reuters) - Chesapeake Energy Corp's board of directors is close to a decision on who the U.S. oil and gas company's new independent chairman will be, a board member said on Tuesday.


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