oil and gas

oil and gas Articles

ThinkstockPetroleo Brasileiro SA (NYSE: PBR), commonly called Petrobras, announced on Friday that it is raising the prices it charges for gasoline and diesel fuel by 4% and 8%, respectively. This is...
ThinkstockA 30-inch natural gas pipeline owned by Energy Transfer Partners LP (NYSE: ETP) exploded in rural Missouri shortly before midnight on Thursday, the second gas pipeline explosion in as many...
ThinkstockMarathon Petroleum Corp. (NYSE: MPC) has committed to funding a portion of the Sandpiper Pipeline Project being proposed by Enbridge Energy Partners L.P. (NYSE: EEP) and Enbridge Inc....
GS.COMGoldman Sachs Group Inc. (NYSE: GS) is not your typical financial firm. It caters to institutions and high net worth individuals almost exclusively. It is also a bank holding company, yet it...
ThinkstockThis weekend’s deal with Iran could be a monumental shift of the international tides. Unfortunately, it could also be a monumental mistake as some international leaders have voiced. 24/7...
ThinkstockWith crude oil prices trending generally downward and projected to continue that trend at least into the first half of next year, the country’s largest oil and gas companies have got to...
ThinkstockAs expected, the U.S. Environmental Protection Agency (EPA) issued proposed rules on Friday to reduce the amount of ethanol required to be blended with gasoline in 2014. After a 60-day...
ThinkstockAverage annual fuel consumption per person in the U.S. fell below 400 gallons in 2008 and has not risen above that level since. That’s the lowest per person fuel consumption since 1984,...
courtesy U.S. State DepartmentThe Keystone XL pipeline will not be built. And while the environmentalist arguments against the pipeline had a significant impact in delaying construction of Keystone...
ThinkstockExxon Mobil Corp. (NYSE: XOM) was just listed as a new holding of Berkshire Hathaway Inc. (NYSE: BRK-B). This is not just any new holding either. Its size was a whopping 40.089 million...
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, a day later than usual due to the Veterans Day holiday. U.S. commercial crude...
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 20 billion cubic feet for the week ending November 1. That compared with...
ThinkstockTwo recent well-respected and long-running oil industry publications have proclaimed that booming production in North America, particularly in the U.S. shale fields, will hit a plateau as...
thinkstockMaybe you have noticed the price of gasoline has been coming down. It may be coming down further, and sooner rather than later. One WSJ report showed that about one-fourth of the nation is...
ThinkstockThe International Energy Agency (IEA) released its 2013 World Energy Outlook on Tuesday morning, and its central argument is that the dynamics of energy production and consumption are...