Natural gas producer Chesapeake Energy Corp. (NYSE: CHK) has reportedly struck a deal to sell about 504,000 net acres of leasehold in the northern part of the Denver-Julesburg (DJ) basin, ... Read Full Story »
About 70 people have been evacuated from an area within a 5-mile radius of a natural gas well about 10 miles northeast of Douglas, Wyoming, has been leaking mud and ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group Inc. (NYSE: AIG) Raised to Outperform at William ... Read Full Story »
China Petroleum and Chemical Corp., commonly called Sinopec, (NYSE: SNP) reported a 2% profit gain for the 2011 fiscal year, even though the company has been hampered by a government-imposed ... Read Full Story »
Cheseapeake Energy Corp. (NYSE: CHK) CEO Aubrey McClendon laid it on the line in an interview with Bloomberg News: We are presently owned by a group of investors who don’t ... Read Full Story »
These are some of this Thursday's top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Brocade Communications Systems Inc. (NASDAQ: BRCD) Reiterated Hold at Argus. Cabela's, Inc. ... Read Full Story »
It isn’t every day that a $7.1 billion deal falls through. Even rarer is a seller’s reaction that amounts to, “What, me worry?” But that’s what occurred over the weekend ... Read Full Story »
These are some of this Tuesday's top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Despite the weakness, there are still upgrades taking place. ... Read Full Story »
The boom in US natural gas drilling resulting from the technological advances of horizontal drilling and hydraulic fracturing is beginning to spread to the rest of the world. In some ... Read Full Story »
China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an ... Read Full Story »
None of China's three largest oil companies is having a particularly good year as far as refining profits go. China Petroleum & Chemical Corp. (NYSE: SNP) -- known as Sinopec ... Read Full Story »
Companies that provide the tools and services to clean up oil spills made the news following last year's disaster in the Gulf of Mexico. Speciality chemical companies that make the ... Read Full Story »
Another day, another energy acquisition by a Chinese firm. This time its Cnooc Ltd. (NYSE: CEO) putting out about $2.1 billion for Toronto-traded Canadian oil sands developer Opti Canada. In ... Read Full Story »
Can any accounting out of China be trusted? This is what prudent investors have to start asking themselves. Since early this year a new report comes out nearly every week ... Read Full Story »
Anadarko Petroleum Co. (NYSE: APC) has agreed to sell a stake in its Eagle Ford shale play to the Korean National Oil Company, KNOC, for $1.55 billion. KNOC's investment gives ... Read Full Story »