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Oil & Gas News

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

2 hrs ago | The Daily Breeze

Gas prices soar above $4, respite not due until September

Southland gas prices have risen dramatically over the past week, and one industry expert figures they'll remain above $4 a gallon until September.

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Related Topix: Los Angeles County, CA, Rolling Hills, CA, Redondo Beach, CA, Chevron Corporation, Energy, El Segundo, CA, Torrance, CA

Sat Apr 19, 2014

CSP

Gas prices

The number of Americans who believe U.S. oil should be kept on U.S. soil to lower gasoline prices rose in the last four months, a new Reuters/Ipsos poll said in late March.

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Related Topix: Chevron Corporation, Energy

Vancouver Sun

Frustration and elation greets new delay to Keystone XL

The premier of Alberta and the head of TransCanada Corporation both expressed frustration at the U.S. government Friday for once again delaying a decision on the company's controversial Keystone XL pipeline.

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Related Topix: Energy, TransCanada, Natural Gas, Canada, US Politics, US News, Barack Obama

Seeking Alpha

A Sub-$100 Nexus Phone Can Kill The BlackBerry Z3

Rumor has it that MediaTek is helping Google come up with a sub-$100 Nexus Android phone.

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Related Topix: Google, Startups, Emerging Technology, Search Engines, Apple, Energy, Samsung, Kindle, iPod touch App, iPad App, iPhone and iPad App, iPhone App, Ipad, Science / Technology

Wall St. Cheat Sheet

After a Harsh Winter, Oilfield Services Wake Up From Hibernation

Unusually severe winters can be both a blessing and a curse for the energy industry.

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Related Topix: Exxon Mobil, Energy, Chevron Corporation, Chesapeake Energy

News Times

Gupta agrees to surrender to prison authorities on June 17

Rajat Gupta , the former Goldman Sachs Group director convicted in a 2012 insider trading scheme tied to the Galleon Group hedge fund, agreed to surrender to prison authorities on June 17 to begin a two-year sentence, a federal judge in Manhattan said.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Energy, Westport Resources, Federal Prisons, Prison, Otisville, NY

AmericanBankingNews.com

Insider Selling: David L. Pitts Unloads 5,000 Shares of Carrizo Oil & Gas Stock

Carrizo Oil & Gas CAO David L. Pitts sold 5,000 shares of Carrizo Oil & Gas stock on the open market in a transaction that occurred on Thursday, April 17th.

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Related Topix: Carrizo Oil and Gas, Energy

Fri Apr 18, 2014

Business Journal

DEP confirms Range well violation

The Pennsylvania Department of Environmental Protection will file a Notice of Violation against Range Resources Corp. for a spill at their John Day Impoundment in Washington County, the DEP said Friday.

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Related Topix: Energy, Range Resources Corporation, Washington County, PA

The Globe and Mail

Husky Energy insiders buck the sector selling trend

Insiders continue to sell at an above average clip in the energy sector. However, there remain a number of situations where insiders are buying.

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Related Topix: Energy, Husky Energy

Switched

"Russia with Love": Alaska Gas Scandal is Out-of-Country, Not Out-of-State

A legal controversy - critics would say scandal - has erupted in Alaska's statehouse over the future of its natural gas bounty .

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Related Topix: Alaska, Alaska Government, Sean Parnell, US Governors, ConocoPhillips, Energy

War Is A Crime

'Russia with Love': Alaska Gas Scandal is Out-of-Country, Not Out-of-State

A legal controversy - critics would say scandal - has erupted in Alaska's statehouse over the future of its natural gas bounty .

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Related Topix: Alaska, Alaska Government, Department of Energy, Sean Parnell, US Governors, ConocoPhillips, Energy

The Baltimore Sun

Gansler says state will sue BP over alleged spill-related pension loss

Maryland's attorney general said Friday that his office is suing the oil company BP over alleged pension investment losses following the 2010 Deepwater Horizon.

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Related Topix: Financial Services, BP Prudhoe Bay Royalty Trust, Energy, Pension, Personal Finance, Oil Spill, Retirement

GhanaWeb

ACEP jabs gov't in Miura oil/Energy ministry fraud saga

The Africa Centre for Energy Policy has attributed the forgery of the Energy minister's signature by oil company Miura Petroleum to claim ownership of the Offshore Cape Three Point South block in Ghana to the secrecy surrounding oil deals in Ghana The centre says adopting an open and competitive process for granting oil and gas concessions must ... (more)

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CSP

Atlas Oil Lehigh Gas Partners

Atlas Oil Co. announced its planned sale of its BP -branded assets in Chicago and northwestern Indiana to Lehigh Gas Partners LP , Allentown, Pa, and Parent Petroleum Inc., St. Charles, Ill.

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Related Topix: Financial Services, BP Prudhoe Bay Royalty Trust, Energy, St. Charles, IL, Marketing

Bloomberg

Chesapeake's Biggest Investor Grows More Bullish on Stock

Southeastern Asset Management Inc., the owner of one of every 10 shares in Chesapeake Energy Corp. , is more bullish on the natural gas producer as Chief Executive Officer Doug Lawler trims costs.

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Related Topix: Chesapeake Energy, Energy, Financial Markets

Thu Apr 17, 2014

Business Journal

Kinder Morgan says it's racked up commitments for Eagle Ford pipeline

File photo of a pipeline system. Kinder Morgan Energy Partners has lined up commitments for two-thirds of its new pipeline connecting Eagle Ford Shale customers to the Houston Ship Channel.

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Related Topix: Kinder Morgan Management, Financial Services, Energy, Kinder Morgan

Reuters

Apache CEO, Vermont activist build alliance on climate issues

Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist.

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Related Topix: Apache, Activism, Texas, Stanley, Financial Services, Morgan Stanley, Chevron Corporation, Energy

Reuters

UPDATE 3-Schlumberger, Baker Hughes results point to improving N.America

Schlumberger Ltd, the world's largest oilfield services company, reported a profit that beat analysts' estimates for the tenth straight quarter, but revenue fell short of expectations due to reduced drilling and pricing pressure in Latin America.

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Related Topix: Schlumberger, Energy, Baker Hughes

Reuters

U.S. delay pushes Canada oil pipeline choke points upstream

But here's the rub: Relieving congestion downstream is simply likely to expose choke points further upstream, traders say, as unexpected delays in securing a U.S. permit to expand a major segment of its 5,363km Mainline system leaves Canada's heavy crude bottled up for months more.

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Related Topix: North America, Canada, World News, Enbridge Energy Partners LP, Energy,

KSWO

ConocoPhillips donates $1 million for OSU school

The new building will serve as the eastern anchor of the university's main quad and significantly increase space for the business school's 5,000 students and faculty members.

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Related Topix: Energy, ConocoPhillips

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