Energy
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Yesterday’s story about Venezuela opening the bidding for its oil resources raised an interesting question. What are the chances that…
Judged by the country’s performance in extracting hydrocarbons, Venezuela under President Hugo Chavez has not been a smashing success. Ten…
For the latest reported period, ending December 31, short sellers did not make any notable moves in or out of…
According to Reuters, Citigroup (C) is near a deal to form a venture putting its brokerage business together with the…
Chevron Corporation (NYSE:CVX) already gave its severe earnings warning and we have already seen layoffs coming out of Schlumberger Limited…
If you have somehow managed to be out since last summer when the oil boom was still in full-speed, there…
Last summer, a gallon of gas cost over $4. Now the prices has dropped below two bucks and is still…
A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth…
Flying J Oil, Inc., a privately-held oil company headquartered in Ogden, Utah, filed for bankruptcy protection under Chapter 11 on…
Falling crude oil prices have hit Russia particularly hard. The country needs a crude price of about $70/b to cover…
Energy stocks have taken a pounding since crude oil prices started falling in July. In virtually every part of the…
It’s no longer news when an oil E&P company cuts its capex budget. As oil prices fall, profits are squeezed…
When everyone else is ducking for cover, it often pays to stick your neck out. That seems to be what…
Oil company share prices have been in near free fall for the past six months. Exxon Mobil (NYSE:XOM) is off…
The International Energy Agency released its World Energy Outlook yesterday. The headline number is that the IEA predicts oil prices…
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