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)…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks fell by a total of 73 billion cubic feet last week, right in the middle of an expected withdrawal…
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…
Exxon Mobil Corporation (NYSE: XOM) is out with its 2012 bonuses and its 2013 pay packages. Chairman and CEO Rex Tillerson is getting a 6% raise as he will make $2.717 million in…
Jon C. Ogg 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…
Exxon Mobil Corp. (NYSE: XOM) is losing another key member of the company. The oil giant (or now oil and gas giant) has announced that Donald Humphreys is retiring. The position he…
Jon C. Ogg The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 4 billion cubic feet, slightly more than the 9 to 13 billion cubic feet…
Deloitte and KPMG are sued for their parts in the Hewlett-Packard Co. (NYSE: HPQ) buyout of Autonomy. (Reuters) Samsung launches a Google Inc. (NASDAQ: GOOG) Android-based camera in Japan. (Reuters) Steve Ballmer…
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:…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by a total of 38 billion cubic feet, more than the 28 billion cubic feet decline that analysts…
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…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by a total of 18 billion cubic feet, more than the 14 billion cubic feet decline that analysts…
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…
ThinkstockWe have tracked the key short interest changes in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK), Chevron Corp. (NYSE:…
Wikimedia CommonsOn Wednesday, the Iraqi government said that Exxon Mobil Corp. (NYSE: XOM) had notified it that the company planned to sell its stake in the West Qurna-1 oil field project. Exxon…
