Bloomberg Deep-sea oil drillers are once again riding the wave of investor enthusiasm that next year will be better for profits. But this time there seems to be a bigger chance it will actually happen, according to analysts at Credit Suisse Group AG and Morgan Stanley. Some of the world’s biggest owners of rigs that drill oil wells in more ...

Bloomberg Oman’s Renaissance Services SAOG, a service provider to the oil and gas industry, is considering an initial public offering for its Topaz Energy & Marine unit, according to people familiar with the matter. Renaissance, which has a market capitalisation of about $379 million, could seek a valuation of about $1.5 billion for the Dubai-based business, the people said. Goldman ...

Bloomberg President Donald Trump called on the rest of the world to isolate Iran and said a US campaign of “economic pressure” would turn back the Islamic Republic’s aggression, in his second address to the United Nations General Assembly. Trump declared in his speech that America, under his leadership, had achieved new economic and military heights. While he ran for ...