oil and gas

oil and gas Articles

Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) received a huge endorsement in the past month or so when it became known that top investor Warren Buffett had taken a big stake in the integrated oil...
ThinkstockIndependent oil and gas company Hess Corp. (NYSE: HES) may be sorry that it sold off its refining business and transformed itself into an energy exploration and development firm. The...
ThinkstockIndependent oil and gas producer Harvest Natural Resources Inc. (NYSE: HNR) announced Monday morning that it has agreed to sell all its Venezuelan assets in two transactions for a total of...
ThinkstockA firm connected to Aubrey McClendon, former CEO of Chesapeake Energy Corp. (NYSE: CHK) filed on Friday a preliminary Form S-1 with the U.S. Securities and Exchange Commission (SEC) to...
ThinkstockThe Mexican Senate Wednesday approved a change to the country’s constitution that would end the government’s 75-year monopoly on crude oil production. The bill was sent along to the...
Wikimedia CommonsThe largest U.S. producer of natural gas forecasts that global demand for gas will rise by about 65% by 2040 as natural gas is on track to supply 25% of global energy requirements....
ThinkstockSterne Agee is joining the many firms on Wall Street with its top picks for 2014. Monday’s feature is on their top picks for the industrials and energy stocks. Some of these have overlaps...
Petroleos MexicanosMexico nationalized its oil reserves in 1938, and since then the only company allowed to produce the country’s vast reserves has been Petróleos Mexicanos, or Pemex. But...
ThinkstockAt the final meeting for 2013 of the Organization of Petroleum Exporting Countries (OPEC), Iran’s oil minister has threatened to increase his country’s output even if prices drop to $20...
ThinkstockThe American Petroleum Institute (API), a trade association for the oil & gas industry, said in its weekly inventory report after markets closed on Tuesday that the U.S. crude oil...
Thinkstock24/7 Wall St. has been keeping track of all the 2014 outlook pieces and year-end pieces for 2013. Now it looks as though there is a selective positive outlook from Bank of America Merrill...
The dramatic production increase from U.S. shale plays in North Dakota, Montana and Texas have had little impact on the amount of oil produced by members of OPEC. However, the cartel does face a...
ThinkstockWithout ever speaking the name of its antagonist, QEP Resources Inc. (NYSE: QEP) announced Tuesday morning that it will pursue a separation of QEP Field Services Company and its interest in...
ThinkstockContinuing a trend begun in May, Valero Energy Corp. (NYSE: VLO) on Monday commenced an initial public offering (IPO) of a logistics group called Valero Energy Partners L.P., announcing...
ThinkstockThe stock market has enjoyed what is now eight weeks of gains and new highs in just about each of those weeks. Now investors have to be considering how to position their portfolios for...