-
By Mark Shenk, Bloomberg |
February 28, 2013
OPEC crude output rose for the first time in six months as rising Libyan production outpaced a cut by Saudi Arabia, which has implemented a program aimed at curbing excess supply and supporting prices.
-
By Phil Flynn |
September 17, 2012
In the aftermath of all the market euphoria after QE3, it seems that already governments are using the stimulus as an excuse to not face the tough questions that really face them.
-
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.
-
By Lananh Nguyen |
August 2, 2012
For the first time, London is overtaking New York as the global hub for trading oil futures.
-
By Joe Carroll and Zachary R. Mider, Bloomberg |
June 8, 2012
Chesapeake Energy Corp., the U.S. energy explorer facing a $22 billion cash shortfall because of falling natural-gas prices, agreed to sell its pipeline interests to Global Infrastructure Partners for $4.08 billion.
-
By Nayla Razzouk and Anthony DiPaola, Bloomberg |
May 29, 2012
Iraq is preparing to hold its first auction of oil and natural-gas exploration rights since the 2003 ouster of Saddam Hussein, offering investors the opportunity to exploit the world’s fifth-largest crude reserves.
-
By Phil Flynn |
April 24, 2012
Natural gas pops on a last blast of snow and cold at the end of April. A nor’easter seemed to give natural gas bulls hope that perhaps a bottom may be in for natural gas or perhaps it is just a snow job.
-
By Joe Carroll, Bloomberg |
April 23, 2012
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon has been adding oil fields to his personal holdings faster than he can find cash to drill them. He’s steering the company down the same road.
-
By Phil Flynn |
March 30, 2012
Oil consuming nations may seek reassurance from Saudi Arabia that it will not cut oil production and neutralize the impact on oil prices if consumer countries release emergency reserves.
-
By Nayla Razzouk, Bloomberg |
March 27, 2012
Crude exports from Iraq’s semi- autonomous Kurdish region dropped to 50,000 barrels a day and may cease in a month if the central government refuses to pay about $1.5 billion owed to producers.
