oil and gas

oil and gas Articles

ThinkstockWhen oil services firm Halliburton Co. (NYSE: HAL) pleaded guilty to destroying evidence in an investigation of the causes of the explosion of the Deepwater Horizon that killed 11 workers...
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 41 billion cubic feet last week, compared with an expected build of between 47...
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories dropped by 2.8 million barrels last week,...
ThinkstockYesterday afternoon, Hercules Offshore Inc. (NASDAQ: HERO) reported a problem at a natural gas well in the shallow waters of the Gulf of Mexico about 55 miles offshore of Grand Isle, La....
ThinkstockIn a current research report, the oil field service and equipment analysts at Jefferies maintain that investors should be overweight the sector. Demand prospects are solid globally. While...
ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) earned $982 billion in net oil export revenues in 2012 according to the latest report from the U.S. Energy Information...
ThinkstockHercules Offshore, Inc. (NASDAQ: HERO) announced on Tuesday that it is experiencing a well control incident in the Gulf of Mexico. Unfortunately, this is likely to bring up fears of the BP...
ThinkstockBy now, anyone paying any attention to gasoline prices has run into the term “blend wall,” which is the point at which mandated ethanol production matches or exceeds ethanol demand....
ThinkstockFreeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported second-quarter 2013 results before markets opened this morning. The mining company reported diluted earnings per share (EPS) of...
ThinkstockValero Energy Corp. (NYSE: VLO) reported second-quarter 2013 results before markets opened this morning. The oil refiner posted diluted earnings per share (EPS) of $0.85 on revenues of...
ThinkstockHalliburton Co. (NYSE: HAL) reported second-quarter 2013 results before markets opened this morning. The oil and gas services company posted adjusted diluted earnings per share (EPS) of...
ThinkstockA federal judge in New Orleans has denied a motion by BP plc (NYSE: BP) to suspend payments to some claimants for damages suffered as a result of the 2010 disaster in the Gulf of Mexico...
ThinkstockBaker Hughes Inc. (NYSE: BHI) reported second-quarter results before markets opened this morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS) of...
ThinkstockSchlumberger Ltd. (NYSE: SLB) reported second-quarter 2013 results before markets opened this morning. The oil field services firm posted adjusted diluted quarterly earnings per share (EPS)...
thinkstockThe price differential (spread) between a barrel of WTI crude and a barrel of Brent crude has closed to less than $0.50 a barrel after soaring to around $28 a barrel in October of 2011. For...