-
By Brian Swint and Eduard Gismatullin, Bloomberg |
October 30, 2012
BP Plc, Europe’s second-biggest oil company, raised its dividend as third-quarter profit beat analysts’ estimates.
-
By Phil Flynn |
October 24, 2012
Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7% this year to an average of 10.9 million barrels per day.
-
By Barbara J Powell, Bloomberg |
October 3, 2012
U.S. gasoline prices at the pump are poised to drop by year end, if history is any guide, as refineries resume production, Europe exports more fuel to the East Coast and Americans drive less.
-
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 Phil Flynn |
September 11, 2012
Gas prices still are not really coming down in Chicago or in China. Motiva Enterprises LLC expects to need another week to get the main production units running at its Convent, La. refinery.
-
By Joe Carroll and Yuriy Humber, Bloomberg |
September 10, 2012
Transocean Ltd. agreed to sell most of its shallow-water drilling fleet for $1.05 billion as part of the company’s exit from the market for rigs propped up on steel legs that it created more than 50 years ago.
-
By Cathy Chan, Matthew Campbell and Brian Swint, Bloomberg |
August 14, 2012
BP Plc is seeking as much as $7.9 billion before tax payments for a group of Gulf of Mexico oilfields as it unloads assets following its 2010 spill in the region, two people with knowledge of the matter said.
-
By Julia Leite and Lynn Thomasson, Bloomberg |
July 26, 2012
U.S. stocks snapped four days of losses, while the dollar slid and commodities rose as European Central Bank President Mario Draghi pledged to preserve the euro and data showed improvement in the American economy.
-
By Joe Richter, Bloomberg |
June 21, 2012
Graham Tuckwell, who created a $125 billion market in exchange-traded gold in less than a decade, is struggling to convince regulators and investors he can do the same for industrial metals.
-
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.
