Energy

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UPDATE 1-Santos LNG project cost blows out to $18.5 bln

* Project needs extra $2.5 bln to drill for more gas by 2015

Unhedged: As rupee skids, smaller Indian companies sweat

MUMBAI, June 28 - As the Indian rupee tumbles to record lows, Anil Jain, the chairman of a company which dismantles old ships, is in a bind: like many of the country's many small and medium-sized firms, his only way to hedge foreign currency risk is hope.

NYMEX-Oil rises on robust US data, Norway output cut

SINGAPORE, June 28 - U.S. crude rose for a third day on Thursday as positive economic data from the United States and a larger than expected fall in oil output from Norway offset concerns that a European summit is unlikely to produce concrete measures to solve the region's debt crisis.

7:45pm EDT

UPDATE 1-Bolivian police end rebellion after pay deal reached

* Deal raises minimum wage for police to about $300 a month

Financials, Stocks, Markets 7:17pm EDT

Reuters Magazine: The Made-in-China CEO

June 27 - Zhang Yue fondly caresses the blueprints as he slowly flips through them, occasionally pausing to stare at a drawing as he explains his new project.

Energy
Exxon Mobil Corp $83.20 +0.97%
Chevron Corp $102.57 +1.61%
Schlumberger NV $61.47 +3.02%

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