Exxon, Total Square Off in Battle for Asian LNG Producer
Two of the world's supermajor oil firms are in a nascent bidding war for a liquefied natural gas producer with leases for millions of acres in a natural gas field in Papua New Guinea.
Two of the world's supermajor oil firms are in a nascent bidding war for a liquefied natural gas producer with leases for millions of acres in a natural gas field in Papua New Guinea.
While oil could certainly become range-bound for the next two years, the oil services companies that help the most in maximizing well production and yield could be among the best stocks to buy.
The country's two largest energy pipeline and infrastructure companies made some positive news recently for quite different reasons.
Hedge funds have built a large long position in heating oil and a somewhat bearish view on gasoline, sending a strong message to refiners. And the refiners have begun to pay attention.
When crude oil prices rose to around $50 a barrel, many producers took the opportunity to enter into hedging contracts that would help insulate them from another sharp dip in energy prices.
Six years of payouts is a long time to manage the fallout from the largest oil spill in history. It may take decades to know how badly BP was hurt by the Deepwater Horizon…
In a note published Wednesday, Nomura Securities energy analysts lowered their estimate of second-quarter net losses by 35 exploration and production companies.
A massive blanket of hot weather is forecast for most of the country beginning early next week. Demand for natural gas to fuel electricity generation is expected to be high next week.
When the target company in a $38 billion acquisition deal gets left at the altar, chances are pretty good that the company's share price will improve a little.
U.S. commercial crude inventories decreased last week, according to the U.S. Energy Information Administration, but they remain at historically high levels for this time of year.
While oil prices have backed off some from the recent $50 level, the rise off the February lows was substantial and could provide some tailwind for some of the top energy companies.
The oil rig count has risen by 16 in the Permian Basin since early June, more than the total for all the other major plays combined. The message is clear: be there or be…
The outlook on oil remains rather mixed, from economists and from analysts alike, but a significant analyst call could be brewing more upside interest for Whiting shareholders ahead.
The June 30 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks increased.
Short interest moves among solar and alternative energy stocks were unanimously higher during the two-week reporting period that ended on June 30. All the companies we watch saw short interest rise in the period.…