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Posts related to ‘Oil & Gas’

Small & Mid-Cap Stocks With 50% Upside In 2012 (OIS, OI, ROSE, WBC, CIE)

In December you get to see all sorts of predictions and stock picks from market pundits for the year ahead.  This year is no different, and Credit Suisse has issued ...
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Oil Price Problems Turn to Political Turmoil

The most closely watched triggers for oil prices have turned from China’s consumption and OPEC production to Nigeria and Iran. Political turmoil may determine prices for some time. Iran warned ...
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Enterprise Exits Energy Transfer Equity… Distribution Hike Machine To Continue (EPD, ETE, AMJ, AMLP, KYN)

Enterprise Products Partners L.P. (NYSE: EPD) is cleaning out of its position in Energy Transfer Equity, L.P. (NYSE: ETE).  The MLP has announced that it has agreed to sell 22,762,636 ...
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Payroll Tax Cut Bill’s Pipeline Provision Now Moves Front and Center (TRP)

Now that the US House of Representatives has approved (if unwillingly) the Senate bill providing a two-month extension to lower payroll taxes and extend unemployment benefits, the bill goes to ...
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Malaysia Tries to Attract Investments in Giant Refinery (XOM, RDS-A, DOW)

The national oil company of Malaysia, known as Petronas, announced plans in May to build a $20 billion oil refinery and petrochemical complex on the country’s southern border with Singapore. ...
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Iraqi Oil Easy to Find, Hard to Make Money On (XOM, BP, RDS-A, HAL, BHI)

When Iraq began offering leases to its vast oil deposits a couple of years ago, there weren’t a lot of big oil companies lined up to buy in. Iraq’s offer ...
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Battle Lines Drawn Over Natural Gas Exports (DOW, DD, XOM, CHK, LNG)

Natural gas prices in the US rose to more than $4.80/thousand cubic feet (tcf) in June, and have trailed off to under $3.20/tcf today. In late 2005, natural gas spot ...
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Crude Inventory Drops Dramatically (XOM, CVX, SLB, HAL, BHI)

This morning’s weekly petroleum status report from the US Energy Information Administration noted a particularly steep -- and unexpected -- drawdown in oil stocks. Crude inventory fell by 10.6 million ...
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Shell, Transocean Stop Leak in Gulf of Mexico Well (RDS-A, RIG, BP)

A small leak in a line feeding drilling fluid to a well owned and operated by Royal Dutch Shell (NYSE: RDS-A) and using a rig owned by Transocean Ltd. (NYSE: ...
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MLP 2012 Sector Breakout? Outlook, Charts, Income (EPD, KMP, MWE, PAA, WPZ, MMP, BPL, EPB, KYN, AMJ, AMLP)

This is an interesting point in time for the sector of Master Limited Partnerships (MLPs).  The oil and gas business could greatly unlock much of the domestic unemployment woes (and ...
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Morning Movers (MSHL, CSIQ, TRGT,PGNX, CIE)

There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Marshall Edwards Inc. (NASDAQ: MSHL), Canadian Solar ...
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South Korea’s Achilles Heel – Energy

South Korea has a market economy which ranks 15th in the world by nominal GDP. But it’s is more fragile than raw statistics indicate, and its prosperity is prognosticated on ...
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OPEC to Hold the Line

The Organization of the Petroleum Exporting Countries probably intends to hold production among its members at current levels. That is good news for oil importing nations and consumers and industries concerned about ...
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Oil Prices Jump on Threat from Iran

Crude oil prices are rising sharply today following reports that Iran is preparing for naval maneuvers near the Strait of Hormuz, the 34-mile wide chokepoint leading to the Persian Gulf. ...
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As Demand for Oil Falters, Price May Remain High

A rocky global economy lowered demand for crude recently, and the soft period continues. The positive by-product should be a drop in price per barrel. The IEA reports that: A ...
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