Oil to Hit $40 If OPEC Fails to Expand Cuts, Pioneer Says

Oil prices will tumble to $40 a barrel if OPEC doesn’t extend its pact later this year to cut output, according to one of the most prominent producers in the shale patch.

Parliamentary hearing fails to find truth about troubled shipping industry

Major witnesses failed to show up on the first day of parliamentary hearings this week on government bureaucrats’ responsibilities for failed restructuring of Daewoo Shipbuilding & Marine Engineering Co.

Cleanup at Tragic Brazil Mine Fails to Speed Return of Iron Ore

Just four months after a deadly November mudslide destroyed an entire mining community in southwestern Brazil, the companies responsible were working toward a resumption of iron ore production by year end.

Paragon Shipping fails to accept delivery of newbuild bulker from Sinopacific yard

Athens-based Paragon Shipping Inc announced that it has received a notice of default from China’s Yangzhou...

Govt fails to achieve wheat procurement target

The government wrapped up wheat procurement programme for the current calendar year on Sunday with 13 per cent...