As each new year arrives, 24/7 Wall St. looks at each of the 30 Dow Jones Industrial Average components and assigns a forward value for the Dow based on a mixed methodology.…
ThinkstockThe oil and gas industry increased its mergers and acquisitions deals in 2012 by 38% over 2011, according to Dealogic. M&A activity totaled $348 billion in 2012, the industry’s highest total since…
ThinkstockWe have tracked the key short interest changes as of November 30th in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI); BP PLC (NYSE: BP); Chesapeake Energy Corporation (NYSE:…
Jaguar Land Rover will recall some cars in China over safety concerns. (Reuters) Netflix Inc. (NASDAQ: NFLX) blames Amazon.com Inc.’s (NASDAQ: AMZN) e-commerce outsource operation for a Christmas Eve disruption of the…
ThinkstockOne of the best ways to assure that the American consumer has more money to spend is have a significant decline in the price of crude oil. After trading up to $110 back…
ThinkstockWe have tracked the key short interest changes as of November 30 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
ThinkstockAfter markets closed on Friday, Canadian Prime Minister Stephen Harper announced that the government had approved both the $15.1 billion sale of Nexen Inc. (NYSE: NXY) to China’s Cnooc Ltd. (NYSE: CEO)…
courtesy of Chevron Corp.Converting natural gas to liquefied natural gas (LNG) is very expensive and getting more so. Chevron Corp. (NYSE: CVX) last night said that its Gorgon LNG project offshore of…
The US Department of Interior’s Bureau of Ocean Energy Management (BOEM) on Wednesday held a lease sale for approximately 21 million acres of US outer continental shelf open for development in the…
ThinkstockWe have tracked the key short interest changes as of November 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) has filed a complaint with the state of New York seeking an investigation into the actions of the state’s comptroller, Thomas DiNapoli, and other members…
Paul Ausick ThinkstockFrance’s Total S.A. (NYSE: TOT) announced this morning that it has sold its 20% stake in an offshore Nigerian oil block to subsidiary of China Petrochemical Corp. (NYSE: SNP), or Sinopec, for…
ThinkstockWhen California gasoline prices topped $5 a gallon early last month, the state’s big refiners said they were performing maintenance at some of the plants and a couple were recovering from forced…
thinkstockToday is potentially a make or break day when it comes to a corporate voice on how to avert SOME of the issues with the coming fiscal cliff. Leaders of labor got…
thinkstockAustralia has been a center of development for liquefied natural gas (LNG) development for several years now, and the first wave of projects are scheduled to be operational in 2014. But as…
