11. The oil majors, suffering from the weaker peso, have been prevented from raising fuel prices in recent months by a court injunction. 12. Analysts say oil majors have been pushing for a role extending beyond giving technical advice that would offer better financial rewards in return for the transfer of technology. 13. Azerbaijan has already signed up Western oil majors to develop the disputed tracts. 14. But such oil majors as Exxon-Mobil demanded total control of oil development, turning off the Mexican government, the daily quoted related sources as saying. 15. Dubai drydocks poses a strong challenge to Singapore shipyards because of a price advantage which has reportedly prompted some oil majors to switch their business to Dubai. 16. Moreover, oil majors are no strangers to taking risks or operating in countries with a history of political instability. 17. Oil majors also helped shore up European markets after recent gains in the price of crude oil. 18. Oil majors lost some of their lustre after a fall in the price of crude oil. 19. Oil majors continued their gains in reaction to firmer oil prices. 20. Oil majors had a mixed start. |