Based on early geological studies, Poland was believed to be sitting on about 187 trillion cubic feet of natural gas locked up in the same kinds of shale formations that have yielded…
It has been almost exactly two years since Exxon Mobil Corp. (NYSE: XOM) completed its $31 billion merger with XTO Energy to create the largest natural gas company in the US. Exxon’s…
When Delta Air Lines Co. (NYSE: DAL) agreed to buy an oil refinery from Phillips 66 (NYSE: PSX), the transaction underscored a shift that has been taking place in refinery ownership. Pure…
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 67 billion cubic feet, below the 73 billion cubic feet increase that analysts had expected.…
In December 2011, before the spin-off of Phillips 66 (NYSE: PSX) from ConocoPhillips (NYSE: COP), Conoco was believed to be trying to sell its 247,000 barrel/day Belle Chase, Louisiana, refinery for $700…
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 62 billion cubic feet, considerably above the 53-57 billion cubic feet increase that analysts had…
As oil went from $105 to under $85 in just over a month, you can imagine that the drop was not too good for Big Oil. In fact, the news was pretty…
The current drop in crude oil prices is putting a little more cash in the pockets of consumers at the expense of the big integrated oil and refining companies. The reason is…
Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
At the company’s shareholders meeting today, the CEO of Exxon Mobil Corp. (NYSE: XOM) said that Exxon is studying the possibility of exporting natural gas from the US Gulf Coast and Canada.…
The month-long slide in crude oil prices has chopped the share price of many of the biggest names in the oil patch. Exxon Mobil Corp. (NYSE: XOM) is about -4% in the…
Natural gas prices have been rising, getting to around $2.75/thousand cubic feet last week before falling back a little to around $2.69. At this level, coal once again enters the picture, as…
Apple Inc. (NASDAQ: AAPL) has been a phenomenal growth story. It is the ultimate turnaround story of mega-proportions. The stock is also up 32% so far in 2012. The problem is something…
Canada-based exploration & production company InterOil Corp. (NYSE: IOC) said yesterday that it believes the government of Papua New Guinea (PNG) is preparing to cancel the agreement under which the company is…
Paul Ausick Fitch Ratings is out with a statistical review of operational metrics at a number of oil & gas companies. The review notes a handful of emerging trends: Finding, development, and acquisition (FD&A)…
