Another week, another North African country on fire. As you would expect, many large American and European companies do business in these nations. Libya has followed turmoil in Egypt and Bahrain and…
The company which received the most negative press today is Borders Group which has not only declared Chapter 11 but is in the process of closing 200 stores. Google (NASDAQ GOOG) ranks…
Investors are concerned about whether Wal-Mart’s (NYSE: WMT) US store division has grown. (Reuters) Moody’s cut its outlook on Japan to negative due to concerns about whether government austerity measures will work.…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Douglas A. McIntyre 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…
