oil and gas
oil and gas Articles
Wikimedia CommonsShortly after noon today, oil & gas supermajor Exxon Mobil Corp. (NYSE: XOM) re-captured its position as the most valuable company in the world. Exxon’s market cap now totals...
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ThinkstockBack in November, hedge fund TPG-Axon Capital sent a letter to the board of directors of SandRidge Energy Inc. (NYSE: SD) challenging the company’s strategy and management. TPG-Axon owns...
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ThinkstockIt is becoming increasingly apparent that Wall St. is keeping a sharp eye on companies in the oil service sector. As we reported earlier this week Deutsche Bank A.G. (NYSE: DB) upgraded the...
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ThinkstockHalliburton Co. (NYSE: HAL) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the oil and gas services company posted adjusted diluted...
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ThinkstockBy. Daniel J. Graeber of Oilprice.com The Turkish energy minister confirmed that oil was flowing again through the Kirkuk-Ceyhan pipeline from northern Iraq following an attack on the...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 2.8 million barrels last week,...
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ThinkstockOil industry information firm Platts reported today that Chinese demand for crude oil rose 7.7% in December 2012 to an average of 10.58 million barrels a day, the highest on record. The...
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ThinkstockBaker Hughes Inc. (NYSE: BHI) reported fourth-quarter and full-year 2012 results before markets opened this morning. The oil field services firm reported adjusted diluted quarterly earnings...
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courtesy U.S. State DepartmentGovernor Dave Heineman of Nebraska has sent a letter to President Obama today expressing his approval for the re-worked Keystone XL pipeline project through the state....
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ThinkstockBy John C.K. Daly of Oilprice.com In America’s energy industry, batted by last year’s Hurricane Sandy, can be added a new threat — computer malware, an ominous portent for the U.S....
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ThinkstockBy. Daniel J. Graeber of Oilprice.com The Organization of Petroleum Exporting Countries in its report for January said the United States in 2013 may post the highest oil supply increase...
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ThinkstockSpot market prices for liquefied natural gas (LNG) have reached $18 per million BTUs and could go higher this year as supplies of the fuel appear to be softer than many traders had...
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ThinkstockEarlier this week, Consol Energy Inc. (NYSE: CNX) outlined its investment plans for 2013 and said it would focus more on natural gas production. Today the company released its...
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ThinkstockExploring for crude oil and gas is not cheap, and the smaller companies that are involved in the search often run up against problems with cash flow, credit availability and limited...
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thinkstockThe International Energy Agency (IEA) raised its monthly forecast for crude oil demand growth in 2013 by 235,000 barrels a day, from a prior estimate of 865,000 barrels a day to 930,000...
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