BRIEFCASE OCCIDENTAL PLANS CONTRACT DEFENSE.Byline: - Staff and Wire Services Occidental Petroleum Occidental Petroleum Corporation ("Oxy") NYSE: OXY is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Corp. is prepared to defend itself against allegations by the Ecuadorean government that it breached an oil-field concession in the Andean country, company officials say. The Los Angeles-based oil company acknowledged late Monday that it received information that Ecuadorean authorities are weighing the initiation of proceedings to terminate Occidental's participation contract for Block 15, which holds an estimated reserves of 233 million barrels. CSC subsidiary wins Army work EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and - Computer Sciences Corp. officials announced Tuesday that a subsidiary was selected to support the U.S. Army Forces Command with a contract that could be worth up to $500 million. CSC's DynCorp Technical Services is one of four firms selected to support the U.S. Army Forces Command, or FORSCOM FORSCOM United States Army Forces Command , under the aviation joint administrative management support-services contract. CSC officials estimate the value of the 10-year agreement - which has one base year and nine one-year options - to be $500 million if all options are exercised. Quantities and delivery dates are indefinite. The aggregate ceiling value for contracts with all four firms is $2 billion. DynCorp Technical Services will compete for task orders to provide aviation maintenance, project management and training support for FORSCOM activities around the world. For more than 15 years, DynCorp has provided aviation and logistics support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for FORSCOM operations at Fort Hood, Texas. Video game firm has new president Crave Entertainment Group announced Tuesday that Rob Dyer has been named president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Dyer brings more than a decade of executive experience in the interactive entertainment industry to his new role. Before joining CEG (Continuous Edge Graphics) A VGA RAMDAC chip from Edsun Labs that adds anti-aliasing on the fly. It can also calculate intermediate shades, thus providing thousands of colors on an 8-bit board that normally generates only 256 colors. , Dyer was president of Eidos Interactive, where he worked for six years. Based in Los Angeles, Crave Entertainment Group is a privately held distributor and publisher of video-game entertainment products. Crude oil prices briefly drop again WASHINGTON - Oil prices tumbled for a third consecutive day Tuesday, briefly falling below $45 a barrel, as geopolitical ge·o·pol·i·tics n. (used with a sing. verb) 1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation. 2. a. concerns that had brought the market to a boil in recent weeks appeared to cool off. But with that said, even analysts who doubt that the current supply-demand balance is as dire as today's price levels suggest cautioned against declaring the end of the bull market. Light crude for October delivery fell as low as $44.75 before settling at $45.21, a decline of 84 cents on the New York Mercantile Exchange New York Mercantile Exchange (NYMEX) The world's largest physical commodity futures exchange. . |
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