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NOBLE'S TROUBLES

US$1.2b one-off charges deepen Noble Group's Q2 loss to US$1.75b

Group says its arrangements with Mercuria Energy America are now in place, and are "working well"

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Hit by trading losses in its oil liquids business and US$1.2 billion in one-off charges, Noble Group fell deeper into the red in the second quarter, recording a loss of US$1.75 billion.

Singapore

HIT by trading losses in its oil liquids business and US$1.2 billion in one-off charges, Noble Group fell deeper into the red in the second quarter, recording a loss of US$1.75 billion.

This compares with a net loss of US$54.9 million in the year-ago period.

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