Royal Dutch Shell plc (NYSE:RDS.B)

What to Expect When Exxon Mobil and Chevron Report Q3 Results Friday

Investors look to be steeling themselves against expected poor third-quarter results when Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) report results before markets open on Friday. There's ...
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It’s Now Independents vs Supermajors in the Permian Basin

In June of last year, analysts at IHS Markit predicted that total oil production from the Permian Basin of west Texas and southwest New Mexico would grow by 3 million ...
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Is Shell About to Spend $8 Billion to Double Its Permian Basin Acreage?

According to a Bloomberg News report Tuesday, Royal Dutch Shell PLC (NYSE: RDS-A) is negotiating to buy privately held Endeavor Energy Resources for about $8 billion. If the deal is ...
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Shell Adds Another Well to Gulf of Mexico Play

Oil supermajor Royal Dutch Shell PLC (NYSE: RDS-A) announced Friday morning that it had made a sixth oil discovery in its Norphlet play in the Gulf of Mexico. The Dover ...
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10 Credit Suisse Top European Stock Picks for US Investors

The U.S. stock market is currently sitting at all-time highs, and investors have to keep in mind that this bull market is now nearly nine years old. For about five ...
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US Gulf of Mexico Oil & Gas Lease Sales Attract $137 Million in Bids

The U.S. Bureau of Ocean Energy Management (BOEM), a division of the Department of the Interior, conducted a lease sale on nearly 76 million acres of federal offshore parcels in ...
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fracking

Rig Count Up by 8, Hedge Funds Wavering on Short Bets

In the week ended September 2, the number of rigs drilling for oil in the United States totaled 407, up by one compared with the prior week, but down from a ...
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BP Mad Dog

Mexico’s Deepwater Attracts Exxon, Chevron, Hess Partnership

America's two supermajor energy producers, Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX), are joining forces with Hess Corp. (NYSE: HES) to bid as a group for rights ...
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ousted

Shell Fires 10,000 Workers

As its fortunes collapse due to falling oil prices, Royal Dutch Shell PLC (NYSE: RDS-B) will fire 10,000 people in an effort to bolster margins. Shell's drive to improve competitive ...
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oil-jack-pumps

Big Oil Faces 20% Drop in 2015 Cash Flows

If Moody’s Investors Service is right, the world’s largest oil companies will experience a contraction of 20% in their cash flows in 2015. The conclusion is based expectations of continued ...
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oil rig

$100 Billion Cut From Global Energy Projects

The collapse of crude oil prices that started last Fall and continued through the first half of March this year has forced many U.S. producers to delay new drilling or ...
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Oil drilling rig

Did Rosetta Get Enough From Noble Energy?

In what may be the first of many similar transactions, independent exploration and production (E&P) company Rosetta Resources Inc. (NASDAQ: ROSE) on Monday said it is being acquired by Noble ...
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BP

What to Look for in BP Earnings

U.K. oil supermajor BP PLC (NYSE: BP) is scheduled to report first-quarter earnings before U.K. markets open on Tuesday morning, and in the middle of the night here in the ...
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oil rig

Shell-BG Deal Could Validate Petrobras Value, Sort Of

Since March 13, the value of Petroleo Brasileiro S.A. (NYSE: PBR), better known as Petrobras, has jumped more than 46%. The last 8% of that gain was posted Thursday morning, ...
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118894483

Another Reason the BG Acquisition Is a Bargain for Shell

Even though there appear to be plenty of critics of the proposed $70 billion acquisition of BG Group by Royal Dutch Shell PLC (NYSE: RDS-B), we are not among them. ...
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