SNP
SNP Articles
China’s Recon Technology Inc. (NASDAQ: RCON) announced yesterday that it had successfully used a hydraulic fracturing (fracking) technique developed by Baker Hughes Inc. (NYSE: BHI) to complete a...
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China does not need to depend on the free market to set gas prices. It can largely determine what its drivers and businesses pay for gas and diesel. The U.S., on the other hand, is at the mercy of...
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Goldman Sachs (NYSE: GS) begins staff cuts as part of an annual review process. (Reuters) The Obama Administration is expected to help U.S. solar panel makers in a trade war with China. (Reuters) The...
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Updated throughout the day. The FBI may probe the causes of the MF Global bankruptcy (Reuters) Sinopec (NYSE: SNP) may buy a stake in Galp Energia SGPS SA (Bloomberg) Douglas A. McIntyre Take This...
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If there is any single signal that China may be in for a hard economic landing, it is the performance of the local stock markets on the mainland and in Hong Kong. China announced GDP rose 9.1% in...
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These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Despite the weakness, there are still upgrades taking...
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A decision is expected by the end of this year from the US State Department on whether or not the US will allow the Keystone XL pipeline to be built. TransCanada Corp. (NYSE: TRP) has proposed a $7...
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The boom in US natural gas drilling resulting from the technological advances of horizontal drilling and hydraulic fracturing is beginning to spread to the rest of the world. In some countries, like...
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None of China’s three largest oil companies is having a particularly good year as far as refining profits go. China Petroleum & Chemical Corp. (NYSE: SNP) — known as Sinopec — reported a...
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Another day, another energy acquisition by a Chinese firm. This time its Cnooc Ltd. (NYSE: CEO) putting out about $2.1 billion for Toronto-traded Canadian oil sands developer Opti Canada. In addition...
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Time for our daily look at the world of commodity prices and key developments. The US Energy Information Administration announced today that crude oil stocks in the US grew by 2 million barrels last...
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French oil major Total SA (NYSE: TOT) and Canada’s Suncor Energy Inc. (NYSE: SU) have agreed to form an alliance that combines the two companies’ interests in a number of projects in the oil...
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Over the weekend the Chinese government revealed that the country’s inflation rate had hit 5.1%, considerably higher than expectations of around 4.7%. An interest rate hike was expected to follow,...
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Valero Energy Corp. (NYSE:VLO) is the first of the oil refiners to report earnings this quarter, and this morning’s release is a lot better than a year ago, when diluted EPS soured to -$0.61. For...
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