Federal Judge Martin Feldman has pushed the Obama administration to resume drilling in the Gulf of Mexico ever since late June 2010. That’s when he first ruled against the moratorium on drilling…
The seven members of The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling might as well have stayed at home instead of venturing out to examine why the well exploded…
Douglas A. McIntyre Irony or Paradox? BP plc (NYSE: BP) “could” potentially see far less liability from its Gulf of Mexico Deepwater Horizon disaster from 2010. This almost seems impossible, yet here we are. …
Nothing like the Chapter 11 filing of a major public company brings in poor press notices. Borders Group filed for bankruptcy and closed 200 stores which is also bound to hurt it…
coutesy of Exxon Mobile Corp.The oil majors will be reporting reserves replacement figures for 2010 over the next few weeks as they prepare their 10-Ks for the SEC. ConocoPhillips Corp. (NYSE: COP)…
Only a few years ago most of us associated biodiesel with recycling of used cooking oil to produce a transportation fuel that Willie Nelson used on his tour bus. The exhaust smelled…
Today’s announcement of a definitive merger agreement between Ensco plc (NYSE: ESV) and Pride International Inc. (NYSE: PDE) is the first major deal among offshore drillers since the Macondo well explosion last…
A judge said BP plc (NASDAQ: BP) $20 billion fund head Ken Feinberg is not independent of the oil company. (Reuters) Record snow will hurt retail sales. (Reuters) Poor weather will move…
BP plc (NYSE: BP) may face US charges that it manipulated gas prices. (Reuters) Roche said that regulations in the US could harms its results. (Reuters) Borders Group (NYSE: BGP) may file…
China PMI data for January showed inflation (Reuters) BP plc (NYSE: BP) posted strong earnings and reinstated its dividend (Reuters) The IMF said imbalances in employment and prices could cause protectionism among…
Ever since 2005, when its offer to buy Unocal was withdrawn following cries of political rage, Cnooc Ltd. (NYSE: CEO) and other Chinese oil companies kept a low profile on acquisitions, particularly…
Barai Capital may be part of the insider trading investigation. (WSJ) Honda (NYSE: HMC) expects higher profits as its Q3 topped forecasts. (Reuters) A Florida judge could say that part of the…
These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. AFLAC Inc. (NYSE: AFL) Started as Neutral at Goldman Sachs. AT&T, Inc.…
The IMF “Fiscal Monitor” and ratings agencies have both warned Japan and the US on their growing debt loads (Reuters) Ford Motor’s (NYSE: F) annual profit may be its largest since 2000…
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. BP plc (NYSE: BP) Cut to Hold at Societe Generale. CIENA Corporation…
