oil and gas

oil and gas Articles

ThinkstockSchlumberger Ltd. (NYSE: SLB) reported fourth-quarter and full-year 2012 results before markets opened this morning. The oil field services firm reported adjusted diluted quarterly earnings...
ThinkstockThe Algeria hostage crisis shows how little it takes in the terms of geopolitical events to cause a spike in oil prices. As problems in the Middle East simmer, along with attacks on oil...
thinkstockCrude oil futures topped $96 a barrel earlier today, the highest price since last September. Rising prices follow today’s reports on new jobless claims and new housing starts, both of...
thinkstockDespite reasonably consistent oil prices and an increasingly favorable overall tolerance for risk, the oil service sector had an ugly year in 2012. After a disastrous first half of the year...
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 148 billion cubic feet last week, above an average expected drop of around 137...
ThinkstockBy Jen Alic of Oilprice.com Prices at the US pump are on the rise again for the first time since October, but the good news is—according to analysts—this year should see overall lower...
ThinkstockBoth Kinder Morgan Energy Partners L.P. (NYSE: KMP) and Kinder Morgan Inc. (NYSE: KMI) reported fourth quarter and full year 2012 results after markets closed today. KMP will pay a...
The hostage count in an early morning attack on a natural gas field in Algeria could be above 150 according to some reports. The first reports from the field indicated that at least 8 people had been...
ThinkstockFollowing the lead of EPA administrator Lisa Jackson, Secretary of State Hillary Clinton, Treasury Secretary Timothy Geithner, and other presidential appointees, U.S. Secretary of the...
ThinkstockThe first initial public offering (IPO) of the year went off yesterday as USA Compression Partners L.P. (NYSE: USAC) priced 11 million common units at $18 per unit. By the end of the day,...
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1 million barrels last week,...
ThinkstockIslamic militants have attacked the Amenas natural gas field in southern Algeria and have taken at least eight people hostage, according to a Wall Street Journal report. The eight include...
ThinkstockIn another asset sale intended to streamline the company’s project portfolio, ConocoPhillips (NYSE: COP) announced that it had sold its properties in the Cedar Creek Anticline area of...
Wikimedia CommonsApple Inc. (NASDAQ: AAPL) passed Exxon Mobil Corp. (NYSE: XOM) over a year ago to become the world’s largest company by market cap. It appears that the two could reverse positions...
ThinkstockIf investing in master limited partnerships was getting confusing already, now investors have a new investment vehicle that allows them to invest in the smaller or “junior” MLPs...