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Posts related to ‘Oil & Gas’

Biofuel Cans

Ethanol Production Up, Corn Crop Still in Question

Posted: May 21, 2013 at 11:05 am

The U.S. Energy Information Administration (EIA) has released its annual report on U.S. ethanol production capacity for 2013. The 193 U.S. ethanol plants have a total capacity of 903,000 barrels ...
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Fracking

Fracking Gets Nod from Bureau of Land Management

Posted: May 21, 2013 at 6:48 am

The Department of the Interior's Bureau of Land Management (BLM) may have dated regulations for hydraulic fracturing, or fracking, on public and Indian lands. That will, for the time being, ...
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gas sign

Why Average Gas Prices Will Reach Two-Year Memorial Day High

Posted: May 21, 2013 at 6:48 am

Gasoline prices for Memorial Day will reach a two-year high, according to data from the AAA Fuel Gauge Report. It is not clear at all what, if anything, this will do ...
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arcelormittal-furnace-crop

Stern Agee Earnings Season Favorites, Energy and Industrial Stocks to Buy

Posted: May 20, 2013 at 2:20 pm

Sterne Agee has released a consolidated report showing the firm's top analyst stock picks in energy and industrials now that we are out of the first quarter earnings season. This ...
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Offshore drill rig

Deutsche Bank Bullish on Oil Services Stocks

Posted: May 20, 2013 at 8:10 am

With first-quarter earnings largely in the rear-view mirror, the oil services analysts at Deutsche Bank A.G. (NYSE: DB) wanted to revisit the thesis for each of their top stocks to ...
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chesapeake-energy-logo

Chesapeake Energy May Be in for a Culture Shock

Posted: May 20, 2013 at 8:05 am

Barely six weeks after founder and former chairman and CEO Aubrey McClendon was shown the door, Chesapeake Energy Corp. (NYSE: CHK) has named his successor. Robert Douglas Lawler, currently senior ...
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board room

New CEO: Chesapeake Energy Cleans Up Its Act

Posted: May 20, 2013 at 7:05 am

Chesapeake Energy Corp. (NYSE: CHK) finally has succeeded in throwing out its morally challenged CEO Aubrey McClendon and some of his equally morally challenged board. McClendon not only enjoyed extravagant compensation, ...
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Offshore drill rig

Icahn Wins One, Loses One at Transocean Shareholder Meeting

Posted: May 17, 2013 at 2:12 pm

Activist investor Carl Icahn had proposed that the world’s largest offshore drilling firm, Transocean Ltd. (NYSE: RIG), pay shareholders a one-time dividend of $4 a share and to replace 3 ...
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Blue flames of a gas stove

Natural Gas Prices Slip as Stocks Rise

Posted: May 16, 2013 at 10:40 am

The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 99 billion cubic feet last week, above the expected build of about 95 billion cubic ...
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Crude Oil Futures Continue to Slide as Gasoline Inventories Rise

Posted: May 15, 2013 at 10:50 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 600,000 barrels last week, bringing the total U.S. commercial crude ...
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gas sign

Falling Oil Prices Lead to Lower Gasoline Prices

Posted: May 15, 2013 at 7:05 am

One of the ironies of the current economic situation is that slow economies around the world have pushed the price of oil lower, and consequently with it, the future price ...
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Offshore wind power

EU to Focus on Impact of Energy Consumption

Posted: May 14, 2013 at 6:45 am

The European Union wants to know more about energy consumption, particularly as its affects individuals who live within the region. Energy costs have risen relentlessly for most of the past ...
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Railroad Oil Tank Cars

IEA: U.S. Will Lead Oil Supply Recovery

Posted: May 14, 2013 at 6:28 am

The world's reliance on oil supply from OPEC and other large producing nations from Russia to several in Africa will end soon, as they are supplemented by U.S. output. That, ...
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Petrobras Record Bond Sale in Shadow of Apple’s Record Capital Raise

Posted: May 13, 2013 at 6:17 pm

Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras for American investors, is on the verge of yet a second record corporate bond offering in the last few of weeks. The state-owned ...
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Oil price fall graphic

Crude Oil Futures Heading Lower on Rise in OPEC Output

Posted: May 13, 2013 at 8:40 am

The Organization of Petroleum Exporting Countries (OPEC) produced 30.46 million barrels of crude every day last month, well above its agreed quota of 30 million barrels a day. The message: ...
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