3:22am ET
Investing
Asia Markets And Europe Open 7/28/2009
Markets in Asia were narrowly mixed. The Nikkei was down a fraction of a percent at 10,087. The Hang Seng was up 1% to 20,444. China Mobile (CHL) and China Unicom (CHU)…
Companies
/Energy
BP PLC ADR
$43.16
▼ $1.42 (−3.19%) today
Markets closed · 8:07pm ET
BP Coverage
Page 844:43am ET
Investing
China’s Political Battle to Buy Strategic Interests Around The Globe
China is in the midst of something just short of a global buying spree of crude reserves, metal and mining companies, tech concerns, and manufacturing operations. It would be easy to say…
3:04am ET
Investing
Media Digest 7/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: California declared a financial emergency. Reuters: An SEC attorney raised concern about a Madoff report in 2004. Reuters: Auto parts supplier Lear filed for bankruptcy. Reuters: NYC apartment sales are down…
2:23am ET
Investing
Asia Markets And Europe Open 6/25/2009
Markets in Asia were higher. The Nikkei rose 2.2% to 9,796. The Hang Seng was up 2% to 18,258. The Shanghai Composite rose .1% to 2,925. At the open in Europe, the…
Douglas A. McIntyre 3:46am ET
Energy
Oil Prices And The Illusion Of New Inflation
It has become commonplace among analysts and oil traders to fear that crude prices are up so much that inflation will have to return the market. A recent piece from Reuters reinforces…
9:25am ET
Energy
Exxon May Increase Alaska-US Pipeline Efforts (XOM, TRP, COP, BP)
Exxon Mobil Corp. (NYSE: XOM) may be getting deeper and deeper in Alaska via a monster pipeline project. A report from the Houston Chronicle said the oil giant is in discussions with…
2:59am ET
Investing
Media Digest 6/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Fiat closed its deal for control of Chrysler. Reuters: California may be hit by an economic “meltdown.” Reuters: May foreclosures were third highest month ever recorded. Reuters: The US named a…
4:40am ET
Energy
The Theory The Low Demand Will Moderate Oil Prices Dies
The theory that the recession would mitigate the price of oil had all the trappings of being true. Consumption in the US, UK, EU, and Japan happen to be down substantially. Industrial…
2:25am ET
Investing
Asia Markets And Europe Open 6/10/2009
Markets in Asia rallied sharply and oil stocks moved up as crude hit $71. The Nikkei rose 2.1% to 9,991. The Hang Seng was up 3.3% to 18,660. Petrochina (PTR) and CNOOC…
4:42am ET
Energy
Oil Will Rise Much Further Says Industry CEO
Shell is the largest oil company in Europe and one of the biggest in the world. Its assessment of the industry and the direction of the price of oil is probably as accurate…
9:32am ET
Energy
Japanese Refiner Going Green? (SWSKF, RDS-A, BP, FSLR)
Japan’s fifth-largest oil refiner, Showa Shell Sekiyu (Pink Sheets:SWSKF), is partially owned by Royal Dutch Shell (NYSE:RDS-A) and Saudi Aramco, the Saudi Arabian national oil company, which hold 35% and 15% respectively.…
1:02pm ET
Energy
PG&E Bringing Solar Power For 530,000 Homes (PCG, CVX, MS, BP, STO)
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), has entered into a series of contracts with BrightSource Energy, Inc. While we consider most individual projects essentially as footnotes…
2:57am ET
Investing
Media Digest 4/29/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money.…
6:45am ET
Investing
Top10 Analyst Upgrades & Downgrades (ABB, APD, BP, BRCD, NAT, OSG, OVTI, TEVA, TRMB, WBS)
These are ten of the top analyst upgrades and downgrades that are independent of earnings news from Wall Street this Thursday morning: ABB (ABB) Cut to Hold at Societe Generale. Air Products…
6:52am ET
Energy
Analysts Clip Oil Patch (ME, BP, CVX, COP, XOM, RDS.A)
These are some of the analyst calls we have seen up and down in the oil patch this Tuesday morning: Mariner Energy (ME) Started as Buy at Jefferies. BP (BP) Cut to…