oil and gas
oil and gas Articles
ThinkstockThe Canadian National Energy Board on Thursday approved a plan by Enbridge Inc. (NYSE: ENB) to reverse the east-to-west flow of crude oil and permit the company’s Line 9B pipeline to...
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thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 152 billion cubic feet for the week ending February 28. That compared to...
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Exxon Mobil said Wednesday morning that capital spending in 2014 will decrease from $42.5 billion in 2013 to $39.8 billion, a drop of 6.3%.
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According to the U.S. Energy Information Administration, U.S. commercial crude inventories increased by 1.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 363.8...
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ThinkstockGasoline prices in the United States continue their seemingly inexorable path higher, putting up an average price per gallon of $3.46 on Tuesday, the 25th consecutive day that prices have...
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ThinkstockMcDermott International (NYSE: MDR) reported fourth quarter and full-year 2013 results after markets closed Monday. The offshore oilfield engineering and construction firm posted a diluted...
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The polar vortex has provided America with one of the coldest winters in the past 30 years. According to Jefferies analysts, the country has less natural gas in storage that we have had in years. Who...
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ThinkstockThe world of master limited partnerships, or MLPs, has been suffering under concerns of late. There is at least some worry that those high payouts that investors generally consider as...
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Pacific Ethanol nearly collapsed a few years ago from low demand and high corn prices. But it has been able to resume production at plants in Oregon, Idaho and California.
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The world of master limited partnerships has been rocked lately, and the news has not been good. Now there are two small MLP mergers to consider, and this could at least rekindle some interest in the...
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thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 95 billion cubic feet for the week ending February 21. That compared...
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Large cap services providers are generating free cash flow for the first time in the history of the industry. In a new report, J.P. Morgan analysts raised targets on two of these stocks, and we also...
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ThinkstockForest Oil Corp. (NYSE: FST) was trading on Wednesday as though it is going to implode. With a stock price of $2.05 after a 36.5% drop in one day, and with shares having hit a 52-week low...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 100,000 barrels last week,...
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Petrobras has committed to spending vast amounts to develop and produce its massive offshore fields. The level of spending does not quite match up with its production however. The deflating real also...
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