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Oil & Gas News

Oil & Gas news continually updated from thousands of sources around the net.

1 hr ago | The New Zealand Herald

Luxury oil summit during Rugby Cup was an 'investment'

Oil executives had dinner at Logan Brown, a sail on Wellington Harbour and a four night stay at the Intercontinental - all on the taxpayer.

Comment?

Related Topix: Energy, Chevron Corporation

5 hrs ago | The Family Badge

Murder on the Pipelines: Drug Cartels Turn Texas Oil Routes Into Killing Zones

The Vickers ranch is crossed by a steel pipe as thick as a man's calf. It delivers crude oil from a cluster of south Texas oilfields known as the Vicksburg Fault Zone to refineries in the subtropical waterfront city of Corpus Christi.

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Related Topix: Drugs, Corpus Christi, TX, Chevron Corporation, Energy, Falfurrias, TX

6 hrs ago | Bellingham Herald

China's anti-corruption push targets highest-ranking official yet

The investigation of Zhou had been rumored for months, but was officially confirmed Tuesday by Xinhua, China's state-run news agency.

Comment?

Related Topix: China National Petroleum, Energy

7 hrs ago | Express India

Huawei says ships 34 mln smartphones in H1 globally, up 62 pct y/y

China's Huawei Technologies Co Ltd said smartphone shipments in the first half rose 62 percent year-on-year, as it targets the more expensive smartphone sector dominated by Samsung Electronics Co Ltd and Apple Inc. Shenzhen-based Huawei has shipped 34.27 million smartphones globally in the first six months ending June 30 - about 43 percent of its ... (more)

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Related Topix: Huawei Technologies, Semiconductors, Samsung Electronics Co, Electronics, Apple, Startups, Energy, Samsung

8 hrs ago | Fox News

Chesapeake Energy to Buy Back Preferred Shares

Chesapeake Energy Corp said it would spend $1.26 billion to buy back all of the outstanding preferred shares issued by its CHK Utica unit to simplify its balance sheet and eliminate about $75 million in annual dividend payments.

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Related Topix: Chesapeake Energy, Energy, Powder River, WY, Business News

9 hrs ago | Brandon Sun

TSX to advance amid mixed earnings; traders look to housing, consumer data

The Toronto stock market looked set for a higher open Tuesday as traders digest earnings news and await U.S. data on home prices and consumer confidence.

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Related Topix: Housing, Talisman Energy, Energy, Barrick Gold, Mining

9 hrs ago | Brandon Sun

Calgary's Talisman Energy posts Q2 net loss of $237M on higher revenues

Talisman Energy, which has been approached by Spain's Repsol for a potential deal, reports a second-quarter loss of net loss of US$237 million, or 23 cents per share.

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Related Topix: Talisman Energy, Energy

12 hrs ago | Business Journal

Exxon reportedly considering massive Beaumont refinery expansion

Exxon Mobil Corp. reportedly is considering a major expansion of its Beaumont refinery in response to the U.S. shale boom, according to Reuters.

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Related Topix: ExxonMobil Chemical, Chemicals, Exxon Mobil, Energy

Mon Jul 28, 2014

Globe and Mail

Calgary energy firm eyes B.C. for LNG export site

A 12-storey LNG storage tank. A rolled steel and double-walled, perlite-insulated cryogenic tank that can keep 1.5 billion cubic feet of natural gas in compressed liquid form, chilled to -160 C at the Mt.

Comment?

Related Topix: Canada, North America, World News, Quicksilver Resources, Energy,

Weyburn Review

Most actively traded companies on the TSX

Kerr Mines Inc. . Miner. Down 0.5 cents, or 16.67 per cent, to 2.5 cents on 7.1 million shares.

Comment?

Related Topix: Anthem, Insurance, Talisman Energy, Energy

Seeking Alpha

Cabot Oil & Gas: A Stranded Giant

The relative slow-down in Cabot's production growth due to take-away constraints should not overshadow continued strong operating results in the Marcellus and Eagle Ford.

Comment?

Related Topix: Cabot Oil and Gas, Energy, Pennsylvania

Brandon Sun

Australian company buys proposed Bear Head LNG site in Nova Scotia for $11M

Australia-based Liquefied Natural Gas Ltd. announced Monday it is purchasing a potential natural gas export site in Nova Scotia from a subsidiary of Anadarko Petroleum Corp. for $11 million.

Comment?

Related Topix: Anadarko Petroleum, Canada,

The Irrawaddy Newsmagazine

The Chinese-backed Shwe gas pipeline is seen in Arakan State.

China imported 1.87 billion cubic meters of gas through the China-Burma gas pipeline in its first year of operation, China National Petroleum Corp said on Monday, as the pipeline slowly ramps up to full capacity.

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Related Topix: Burma, World News, China National Petroleum, Energy, China

ABS-CBN News

Oil firms to slash fuel prices

Petron Corp. and Pilipinas Shell will roll back the price of gasoline by P1.20 per liter; diesel by P0.25 per liter; and kerosene by P0.20 per liter effective 12:01 a.m. on Tuesday.

Comment?

Related Topix: Petron, Energy

Sun Jul 27, 2014

Al Bawaba

Well-deserved: Gaza attacks reduce demand for Israeli gas

Stover added that the current Tamar pipeline has on several occasion reached its full capacity due to high demand in Israel.

Comment?

Related Topix: Noble Energy, Energy

The News-Star

Legacy lawsuits: Money finds political influence in oil-rich Louisiana

From the major multinational oil companies to small independent operators, rivers of campaign contributions have flowed to the state Capitol.

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Related Topix: US Politics, US News, Bobby Jindal, Republican, US House of Representatives, Louisiana, US Governors, Robert, LA

Canadian Business Magazine

Investors confront busy week for Canadian corporate earnings, key U.S. data

Traders will have plenty to occupy themselves this week as major players in the Canadian gold mining and energy sectors - the two biggest advancers on the Toronto stock market so far this year - are set to report second-quarter results.

Comment?

Related Topix: Mining, Energy, Talisman Energy, Barrick Gold

East Bay Express

Re: Richmond's Battle with Chevron's Oil Refinery Project Comes to a Head

The battle over a project proposed by the Richmond Chevron oil refinery is coming down to the wire.

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Related Topix: Chevron Corporation, Energy, Alternative Energy, Renewable Energy (Green Energy)

Iol.co.za

Acsa demands R15m from fuel suppliers

Airports Company South Africa has slapped six petrochemical giants with a R15 million lawsuit for the embarrassing three-day fuel shortage that threatened to ground airlines operating from OR Tambo International Airport two years ago.

Comment?

Related Topix: Chevron Corporation, Energy, World News, South Africa,

AmericanBankingNews.com

Cabot Oil & Gas Co. Downgraded to "Neutral" at Robert W. Baird

They currently have a $43.00 target price on the stock. Robert W. Baird's price target indicates a potential upside of 31.82% from the stock's previous close.

Comment?

Related Topix: Cabot Oil and Gas, Energy, Financial Services, Robert W Baird, Investment Services

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