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By Canaccord Genuity Morning Coffee |
December 6, 2012
Freeport-McMoRan Copper & Gold said on Wednesday it plans to acquire Plains Exploration & Production and McMoRan Exploration in a $9 billion cash and stock deal
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By Canaccord Genuity Morning Coffee |
November 21, 2012
Shares of Chesapeake rose after a regulatory filing showed that billionaire investor Carl Icahn, the second-largest shareholder in Chesapeake, has raised his stake in the U.S. oil and gas company from 7.5% to 8.9%.
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By Phil Flynn |
November 16, 2012
Oil prices seemed to shake off worries surrounding the increasing tensions in the Gaza strip and instead decided to focus on the weak jobless claims and the looming fiscal cliff.
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By David Wethe, Bloomberg |
October 15, 2012
The U.S. shale boom is turning into a bust for companies that provide drilling services as the number of rigs seeking natural gas has fallen faster than any time in the last 24 years.
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By Dave Lindorff |
September 25, 2012
Researchers find 62% of derivatives used by oil and gas companies don’t qualify for hedge accounting.
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By Phil Flynn |
September 10, 2012
The whole world is slowing down. Bad data out of Europe and China in the aftermath of a terrible jobs report in the United States, has the market living and dying on stimulative hopes.
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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 Phil Flynn |
August 15, 2012
After shocking drawdowns in supply the previous two weeks without much rhyme or reason, one might have thought that this week would be the week that you would have seen a drawdown.
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By Zachary Mider, Bradley Olson, Jesse Drucker, and Todd White, Bloomberg |
July 2, 2012
Chesapeake Energy Corp. made $5.5 billion in pretax profits since its founding more than two decades ago. So far, the second-largest U.S. natural-gas producer has paid income taxes on almost none of it.
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By Ye Xie and Michael Patterson, Bloomberg |
June 25, 2012
Emerging markets, whose economies grew more than four-fold in the past decade, are now making losers out of everyone from central bankers to Procter & Gamble Co.