Energy
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The China Development Bank appears to be following the maxim of uber-capitalist Warren Buffet: Be fearful when others are greedy,…
This morning, we got see two of the "biggest of the big" in the Big Oil complex report earnings. You…
ConcocoPhillips Corporation (NYSE:COP) confirmed today its week-ago operations update that the company would take a $34 billion non-cash impairment charge…
When China’s CNOOC Ltd. (NYSE:CEO) lost out to Chevron Corporation (NYSE:CVX) in a bid for Unocal, it found other places…
Yesterday’s story about Venezuela opening the bidding for its oil resources raised an interesting question. What are the chances that…
Judged by the country’s performance in extracting hydrocarbons, Venezuela under President Hugo Chavez has not been a smashing success. Ten…
Chevron Corporation (NYSE:CVX) already gave its severe earnings warning and we have already seen layoffs coming out of Schlumberger Limited…
According to Reuters, the world is waiting on US jobs data to measure recession.Reuters reports that a Congressional panel is…
Chevron Corp. (NYSE: CVX) has just laid the second ground-breaking path in the oil sector today. It lowered guidance "significantly." …
If you have somehow managed to be out since last summer when the oil boom was still in full-speed, there…
Flying J Oil, Inc., a privately-held oil company headquartered in Ogden, Utah, filed for bankruptcy protection under Chapter 11 on…
It’s no longer news when an oil E&P company cuts its capex budget. As oil prices fall, profits are squeezed…
When Chevron (NYSE:CVX) swallowed Texaco a few years back, one of the morsels it ingested was a claim for environmental…
According to Reuters, US car sales are expected to be down sharply for November.Reuters reports that the global recession is…
About two and a half years ago when crude oil prices were heading up at a pace never before seen,…
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