RDS-A

75 dollar oil

The Argument for $75 Oil Should Be $95 Oil

The oil industry may feel picked on by Barron's of late. Master limited partnerships (MLPs) were not exactly given the biggest welcome mat in a piece about Kinder Morgan Inc. ...
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BP

Why Merrill Lynch Reinstated BP at Buy and Raised Exxon Mobil to Buy

Good news for BP PLC (NYSE: BP) -- it has been reinstated with a Buy rating by the U.K. and oil and gas team at Bank of America Merrill Lynch. The ...
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oil rig and tanker

BP Returns to Gulf Leasing With a Bang

Last week the U.S. Environmental Protection Agency (EPA) removed its restrictions on BP PLC (NYSE: BP), allowing the company once again to conduct business with the federal government and giving ...
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crude oil prices

Why $100 Oil Is the New $20 Oil

When Chevron Corp. (NYSE: CVX) CEO John Watson told a Houston audience earlier this month that crude oil costing $100 a barrel is becoming the new $20 in the oil ...
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investor research

Top Analyst Upgrades and Downgrades: Facebook, Manitowoc, Rio Tinto, Zynga and More

February is already here, and earnings season and the market sell-off have helped to create a very different landscape for investors in 2014. Investors are figuring out how to adjust ...
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Oil spill

Oppenheimer Says Betting on Higher Oil Prices May Be Catastrophic

Oil prices have steadily moved up for years, and the energy trade has been one that has made many investors happy. With production increasing in the United States at a ...
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oil rig and tanker

Kinder Morgan Goes to Sea

Kinder Morgan Energy Partners L.P. (NYSE: KMP) owns or operates more than 50,000 miles of petroleum and natural gas pipelines and 180 storage terminals in the United States. On Monday ...
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Sakhalin-1

Morgan Stanley Dumps Global Oil Trading on Russia’s Rosneft

Global mega-bank Morgan Stanley (NYSE: MS) said late Friday that it has agreed to sell its global oil trading business to Russia’s state-controlled oil giant OAO Rosneft for an undisclosed ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Apple, 3D Systems, Celgene, Goldman, Geron and More

Stocks are looking for direction after the first week of a sell-off on the heels of eight weeks of a rally. At the same time, investors are getting ready for ...
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Oil Tanker

Credit Suisse Outlook on Major Oil Giants: BP, Shell and More

Credit Suisse has initiated coverage on the major European and global oil companies. Some were given very favorable outlooks and Outperform ratings. Others were given Neutral ratings, and one was ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: AECOM, Cirrus, Cisco, Lululemon and More

Earnings season may be winding down, but we are still getting some key reports. Now traders and investors have to decide how to position their holdings for 2014. 24/7 Wall ...
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153715598

Platts Ranks Top 250 Global Energy Companies

Oil industry data and publishing firm Platts announced on Tuesday its annual list of the top 250 global energy companies. This marks the twelfth year that Platts has compiled its ...
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BP

BP Raises Dividend as Troubled Past Fades

The Deepwater Horizon explosion that resulted in a historically large oil slick in the Gulf of Mexico began on April 20, 2010. BP PLC (NYSE: BP), which operated the well, ...
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diamonds

Russia’s Diamond IPO Is a Bust

More than two years ago the Russian government announced that it would sell 20% to 25% of its state-owned diamond mining company, Alrosa, in an initial public offering (IPO). Originally ...
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Drill ship

Only One Bidder for Massive Brazilian Offshore Oil Field

You would think that the auction of an oil field with as much as 15 billion barrels of oil in place would attract a lot of attention. Well it did ...
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