oil and gas

oil and gas Articles

ThinkstockConocoPhillips (NYSE: COP) plans to shed about $13.5 billion in what the company calls non-strategic assets during 2013. It got $750 million closer today. Conoco has sold all of its lease...
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.3 million barrels last week,...
ThinkstockSandRidge Energy Inc. (NYSE: SD) reported second-quarter 2013 results before markets opened this morning. The independent oil and gas company posted adjusted diluted earnings per share...
ThinkstockThe U.S. Environmental Protection Agency (EPA) today issued a final rule for the amount of renewable fuels to be added to the nation’s transportation fuel supply in 2013. Oil refiners,...
ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude...
ThinkstockIndependent oil & gas exploration & production company Athlon Energy Inc. (NYSE: ATHL) sold approximately 15.8 million shares this morning at $20 a share in an initial public...
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported second-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per share (EPS) of $2.77...
ThinkstockExxon Mobil Corp. (NYSE: XOM) posted nothing short of a seriously dismal earnings report. By now we all know that sending oil to $100, $120 or $140 does not translate automatically to...
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 59 billion cubic feet last week, compared with an expected build of between 54...
Wikimedia CommonsOil and gas supermajor Exxon Mobil Corp. (NYSE: XOM) reported second-quarter 2013 estimated results before markets opened this morning. The company posted diluted earnings per share...
ThinkstockTransCanada Corp. (NYSE: TRP) announced this morning that it will proceed to the next stage of development for its Energy East pipeline, which is intended to carry 1.1 million barrels a...
courtesy Chesapeake Energy Corp.Chesapeake Energy Corp. (NYSE: CHK) reported second-quarter 2013 earnings before markets opened this morning. The oil and gas exploration and production company posted...
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 400,000 barrels last week,...
ThinkstockPhillips 66 (NYSE: PSX) reported second-quarter 2013 results before markets opened this morning. The oil refiner posted adjusted diluted earnings per share (EPS) of $1.50. In the same...
ThinkstockAlthough the technique known as hydraulic fracturing was first tried in the 1950s, it did not become popular (read, “economic”) until a small company called Mitchell Energy &...