oil and gas
oil and gas Articles
ThinkstockTwo of the world’s largest oil amd gas companies have reported earnings in the past 12 hours or so, and two more will report before markets open tomorrow morning. Royal Dutch Shell PLC...
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thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 194 billion cubic feet last week, below an average expected drop of around 206...
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ThinkstockBy Daniel J. Graeber of Oilprice .com A consortium minding security issues for journalists working in hostile territory warned that credible reports revealed a threat to oil installations...
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ThinkstockThere is a common belief among the public that chief executive officers of public companies get hundreds of millions of dollars, even when their results are not good. While that is an...
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Thinkstock The U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 5.9 million barrels last week,...
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ThinkstockPhillips 66 (NYSE: PSX) reported fourth-quarter and full-year results before markets opened this morning. For the quarter, the oil refiner posted adjusted diluted earnings per share (EPS)...
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ThinkstockKinder Morgan Energy Partners L.P. (NYSE: KMP) announced late last night that it has reached a definitive agreement to acquire midstream company Copano Energy LLC (NASDAQ: CPNO) in a...
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ThinkstockChesapeake Energy Corp.’s (NYSE: CEO) CEO Aubrey McClendon is leaving the company he co-founded in 1989, citing “philosophical differences” with Chesapeake’s board. Until last year,...
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Thinkstock BP, Texas City refineryWhen oil refiner Valero Energy Corp. (NYSE: VLO) reported a big earnings beat this morning, it was almost inevitable that the halo would also appear above the other...
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ThinkstockValero Energy Corp. (NYSE: VLO) reported fourth-quarter and full-year results before markets opened this morning. For the quarter, the oil refiner posted adjusted diluted earnings per share...
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Thinkstock By Daniel J. Graeber of Oilprice.com A policy report from the scholars at The Brookings Institution finds that a surge in U.S. oil and natural gas production is a “bright spot” in the...
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ThinkstockAs if anyone needed more evidence of the difficult path to profits in the oil refining business, Hess Corp. (NYSE: HES) said this morning that it will shut down its Port Reading, N.J.,...
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courtesy of Chevron Corp.In documents filed with the federal district court in Manhattan this morning, Chevron Corp. (NYSE: CVX) for the first time included evidence of bribery in the $18 billion...
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ThinkstockWe have tracked the key short interest changes as of December 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK);...
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thinkstockBack in the days when billionaires were scarce on the ground, one of the bona fide big wheels was oilman J. Paul Getty, who offered this advice on getting rich: “Work hard and strike...
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