The governor of Texas and the state’s Land Commissioner have filed suit in federal court in Houston that would block the second attempt by the federal government to impose a six-month ban…
The continuing disaster in the Gulf of Mexico is partly due to the lack of a coordinated response plan in the event of a well blow-out deep below the surface. The oil…
Reuters: BP plc (NYSE: BP) defended its CEO as it considered new options to kill the well. Reuters: The Senate voted to restore jobless benefits. Reuters: Obama’s budget review may trim the…
Chevron Corp. (NYSE: CVX) has released its interim update for the 2010 second quarter ahead of its earnings release scheduled for July 30th. Chevron expects earnings to rise about first quarter earnings…
For the past 40 years a natural gas liquefaction plant on Alaska’s Cook Inlet has been producing LNG and shipping it to Asia. The plant is owned by ConocoPhillips Corp. (NYSE: COP),…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has now shown its latest holdings as of the close on March December 31, 2010. These are Warren Buffett’s most recent holdings, even though some may…
Penn West Energy Trust (NYSE:PWE) is the latest beneficiary of Chinese interest in the Canadian oil sands. China Investment Corp., a state-owned sovereign wealth fund, has agreed to invest about $1.23 billion…
The continuing disaster in the Gulf of Mexico has called into question drilling safety practices for oil in the ultra-deepwaters of the world. Drilling in a well in water more than 5,000…
The US pure-play liquefied natural gas (LNG) companies, Cheniere Energy, Inc. (AMEX:LNG) and Cheniere Energy Partners LP (AMEX:CQP), reported earnings this morning, and one is headed up and the other is headed…
Partners TransCanada Corp. (NYSE:TRP) and Exxon Mobil Corp. (NYSE:XOM) have announced the beginning of a three-month open season for capacity on the proposed Alaska Pipeline. The pipeline, if its built, would carry…
Like oil refiners everywhere, China Petroleum and Chemical Co. (NYSE:SNP), better known as Sinopec, had a tough year in 2009. The company’s revenues were down nearly 7%, but EPS was up more…
The earnings floodgate is still open next week, and frankly it looks like there are even more S&P 500 companies reporting earnings than there were this week. The big earnings are (in…
These are ten of the top analyst calls in upgrades, downgrades, and initiations from Wall Street research calls this Friday morning: Chevron Corp. (NYSE: CVX) Started as Top Pick at RBC. ConocoPhillips…
Reuters: The push for a stronger yuan has been modest at the G20 meetings. Reuters: A Goldman Sachs Group (NYSE: GS) Director Rajat Gupta told hedge fund billionaire Raj Rajaratnam about a $5 billion…
Have you noticed how so many commodity rallies in gold and oil get stopped in their tracks on what might seem as secondary or even tertiary cause and effect? This has been…
