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By Joe Carroll and Jim Polson, Bloomberg |
September 12, 2012
Chesapeake Energy Corp. agreed to sell oil and natural-gas assets for $6.9 billion in a series of transactions that will narrow a cash-flow shortfall threatening to crimp the company’s drilling and production goals.
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By Phil Flynn |
September 6, 2012
As of yesterday the Bureau of Safety and Environmental Enforcement said that from operator reports, it is estimated that approximately 49.33% of the current daily oil production in the Gulf of Mexico has been shut-in.
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By Phil Flynn |
September 4, 2012
Of the 11 Gulf Coast refineries affected by Isaac-related flooding and power outages, one has returned to normal operation and nine others are restarting or operating at reduced rates.
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By Phil Flynn |
August 29, 2012
Hurricane Isaac makes a second landfall at Port Fourchon, La. and it is becoming clearer that the threat from this slow moving storm may not come from the winds but the potential flooding.
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By Phil Flynn |
August 27, 2012
Wind and rain and Isaac have taken a nasty turn right into the heart of Gulf oil production. State of emergency and evacuation orders are in place along the Gulf oil and refining areas.
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By Jon Nadler |
February 25, 2011
Daily metals update including analysis of gold and silver