US Drilling Rig Shutdowns Continue
Last week, the total number of rigs drilling for oil in the United States fell, according to the latest Baker Hughes North American Rotary Rig Count.
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Newest first · Page 251Old CEO, New CEO — Why Nothing Works for Petrobras Shareholders
Petrobras shares were down handily on Friday on news that Aldemir Bendine of Banco do Brasil is the current top choice to take up the reins as Petrobras CEO.
Linn Moves Beyond SEC Probe on Berry Petroleum
On Wednesday, Linn Energy announced that the SEC had closed its inquiry into the acquisition of Berry Petroleum.
Natural Gas Price Falls Again on Low Demand for Heating
The EIA reported Thursday morning that U.S. natural gas stocks decreased by 115 billion cubic feet for the week ending January 30.
Weatherford Slashes 8,000 Jobs on Low Crude Oil Prices
Weatherford International has begun firing employees and said it had targeted a reduction of 8,000, mostly in the Western Hemisphere, by the end of June.
Sharp Rise in Layoffs — Tied Directly to Lower Oil Prices
The Challenger, Gray & Christmas January 2015 Job Cut Report shows that job cut announcements have surged to their highest level in two years.
Petrobras Not Seen Better by Investors After CEO and Execs Resign
If the news that Petrobras was losing its CEO and other executives was so good, then wouldn't the share gains have been greater?
Most Negative NOV Analyst Gets Even More Negative
A Credit Suisse analyst maintained an Underperform rating on National Oilwell Varco and lowered the price target, just a week after a previous downgrade.
Crude Oil Inventory Increase Calls Halt to Rising Prices
U.S. commercial crude inventories increased last week, the fourth consecutive week of a higher total than at any time in at least 80 years.
Canadian Solar to Acquire Recurrent Energy
Canadian Solar announced that it had entered into a definitive agreement with Sharp Corporation to acquire Recurrent Energy.
Can Investors Trust the Big Petrobras Gains?
Petrobras shares had a double-digit gain on Tuesday on reports of rumors that the company's president will resign or be replaced.
Likely Solar Winners Under New Obama Budget — and China
The world of alternative energy investing has come back from the dead in recent days, for a number of reasons.
BP Earnings Show It Is a Likely Survivor
BP reported better-than-expected fourth-quarter and full-year 2014 earnings before markets opened Tuesday morning.
Have Gasoline Prices Hit a Bottom?
Gasoline pump prices are starting to tick higher after nearly four months of steady declines. In the past week, the price for a gallon of regular gas has inched up two cents.
Can the Williams Buyout Help Save Interest in MLPs?
The merger between Williams Partners and Access Midstream Partners that was announced last June closed on Monday.