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Posts related to ‘BP’

Media Digest (12/29/2011) Reuters, WSJ, NYT, FT, Bloomberg

Alibaba hires a Washington lobbying firm in case it decides to bid for all of Yahoo! (NASDAQ: YHOO). (Reuters) Italian yields may fall because of European Central Bank injections of ...
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Media Digest (12/28/2011) Reuters, WSJ, FT, Bloomberg

Obama nominates Jeremy Stein and Jerome Powell to take seats at the Federal Reserve. (Reuters) New York Times (NYSE: NYT) sells its regional media group for $143 million. (Reuters) The ...
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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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BP Will Exit Solar Panel-Making Business (BP, FSLR, SPWR, JASO, LDK, TSL, STP)

In September 2010, BP plc (NYSE: BP) fired 320 workers at its solar panel-making operation in Maryland because it could not compete with manufacturers like First Solar Inc. (NASDAQ: FSLR), ...
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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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Media Digest (12/7/2011) Reuters, WSJ, NYTime, FT, Bloomberg

The board of Olympus may resign by late February. (Reuters) China says its annual rate of growth slowed between October and November. (Reuters) Congress pressures the CFTC for stronger regulation ...
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What’s New in the Financial World (12/6/2011) The Rise of Shale, BP Fights With Halliburton

Eurozone on notice. The situation in Europe, so promising just days ago, took a sharp turn for the worse. S&P put 17 nations in the euro area on credit ...
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Media Digest (12/6/2011) Reuters, WSJ, NYTimes, FT

S&P’s threat of a downgrade of eurozone nations puts huge pressure on the region’s leaders. (Reuters) An independent panel that reviewed the financial activity of Olympus suggests legal action ...
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Upside Potential at Big Oil Companies (XOM, CVX, COP, BP, OXY, MRO, APA, PBR)

As the price differential between WTI and Brent crude oil continues to narrow, with WTI rising and Brent falling, big oil companies should see a gain in their realized prices for crude. ...
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Pipeline Reverses Refiners Fortunes… An Apparent Overreaction (ENB, COP, VLO, MPC, TSO, WNR, CVI, XOM, CVX, BP, EPD, TRP, RDS-A)

The announcement from Enbridge Inc. (NYSE: ENB) that it would acquire the 50% stake in the Seaway pipeline system owned by ConocoPhillips Corp. (NYSE: COP) and reverse the pipeline's flow ...
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BP Loses Deal in Argentina, But Doesn’t Care (BP, CEO, APC, RIG, HAL, CAM)

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 ...
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Media Digest (11/7/2011) Reuters, WSJ, NYTimes

There is concern that the new Greek government will not be stable enough to run the nation. (Reuters) As finances in Italy deteriorate, concerns grow about the ability of the ...
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Chesapeake Beats Estimates, Outlines More Asset Sales (CHK, XOM, APC, DVN, BHP, BP)

Chesapeake Energy Corp. (NYSE: CHK) opened about 2% higher this morning following its third-quarter earnings release after markets closed yesterday. The company posted adjusted EPS of $0.72, beating the consensus ...
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Refiners Thriving on Crude Price Differential (WNR, TSO, VLO, MPC, BP, XOM, CVX, COP, MUR)

Two major oil refiners have reported third-quarter earnings since the market closed last night. Both posted better-than-expected earnings primarily due to sharply higher refining margins. Western Refining Corp. (NYSE: WNR) ...
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Media Digest (11/2/2011) Reuters, WSJ

George Papandreou convinces the Greek cabinet of the virtues of a national referendum on budget cuts, but he now faces the leaders of France and Germany. (Reuters) The FBI may ...
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