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Oil & Gas News

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

2 hrs ago | Business Journal

Duke Energy spokesman gets national PR recognition

Duke Energy spokesman Greg Efthimiou has been elected to PRWeek 's "40 Under 40" for 2014 based largely on his work in employee communications after the tempestuous conclusion to the Charlotte-based utility's $13.6 purchase of Progress Energy Inc. The merger had worked its way tortuously through regulatory approvals for 18 months.

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Related Topix: Public Relations, Duke Energy, Energy, Progress Energy

6 hrs ago | SiliconValley.com

Chevron posts $5.67 billion profit, topping expectations

Chevron powered to a profit of $5.67 billion for its second quarter, up 5.6 percent from the year before, beating analysts estimates, although production fell, the energy giant reported Friday.

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Related Topix: Energy, Chevron Corporation

10 hrs ago | The News Tribune

Business News Digest

The supervisor is Skip Wollenberg . For photos, ext. 1900. For graphics and interactives, ext.

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Related Topix: Financial Markets, Chevron Corporation, Energy, Auto Dealers

10 hrs ago | WNEM-TV Saginaw

US markets retreat for a second day

There was no reprieve for investors Friday as the U.S. stock market retreated for a second day.

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Related Topix: Financial Markets, Chevron Corporation, Energy, Instrumental

12 hrs ago | Brandon Sun

Energy delivery company Enbridge posts second-quarter profit of $756 million

Enbridge is reporting a second-quarter net profit of $756 million, impacted by a number of one-time factors that contributed to the jump in earnings.

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Related Topix: Enbridge, Energy

12 hrs ago | NewsOK.com

Chevron 2Q profit up on asset sales, oil prices

Chevron Corp. earnings rose 5.6 percent in the second quarter on asset sales and higher global oil prices, though oil and gas production slipped slightly.

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Related Topix: Energy, Chevron Corporation, San Ramon, CA

12 hrs ago | Rock102online.com

Preps in full swing for Sturgis Motorcycle Rally

Preparations are in full swing for this year's Sturgis Motorcycle Rally in South Dakota's Black Hills, and officials are already looking forward to next year's 75th Diamond Jubilee.

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Related Topix: Black Hills, Energy

16 hrs ago | Vancouver Sun

Apache Corp., under investor pressure, exiting Kitimat LNG project

A liquefied natural gas project planned for Kitimat, B.C., faces an uncertain future after one of its U.S. partners announced plans to get out of the LNG business.

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Related Topix: Apache, Chevron Corporation, Energy

21 hrs ago | NEWS.com.au

Woodside shareholders sink $2.9b plan

WOODSIDE shareholders have scuttled a $2.9 billion plan to remove Royal Dutch Shell from the company's share register.

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Related Topix: Energy, Woodside Petroleum

Thu Jul 31, 2014

Fire Dog Lake

As Keystone XL Dominoes Fall, Time to Arrest Tar Sands Industry

Thanks to the courageous and indefatigable efforts of pipeline fighters everywhere, the tide has finally turned on Keystone XL .

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Related Topix: Energy, TransCanada, Natural Gas, US Politics, US News, Al Gore, Oglala, SD

Fox News

ConocoPhillips 2Q Profit Higher, Output Rises

ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported a quarterly profit that just beat Wall Street expectations, helped by an increase in oil and gas production.

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Related Topix: Energy, ConocoPhillips, Business News

Park Record

Exxon profit surges, but production slips

Exxon Mobil's net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped a disappointing 6 percent.

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Related Topix: Exxon Mobil, Energy, Irving, TX, Park City, UT

ABC News

US Stocks Fall Sharply as Earnings Disappoint

Stocks fell sharply on Thursday as investors reacted to disappointing corporate earnings and outlooks from major U.S. companies including Exxon Mobil and Whole Foods Markets.

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Related Topix: Financial Markets, ExxonMobil Chemical, Exxon Mobil, Energy, Chemicals, Retail, Whole Foods Market, Grocery, Life, Food, Fast Food

The Modesto Bee

Sunoco Logistics' 300-mile pipeline dealt setback

Two administrative law judges on Wednesday released a 25-page decision recommending that state utility regulators deny the company's request to exempt buildings to shelter 18 pump stations and 17 valve control stations from local zoning ordinances in 31 locations.

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Related Topix: Energy, Sunoco Logistics Partners LP, Business News

Business Journal

a Exxon Mobil Corp. puts two of its Houston facilities up for sale

With its new campus in north Houston 20 percent complete, Irving-based Exxon Mobil Corp. has put two of its Houston facilities on the market.

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Related Topix: Houston, TX, Exxon Mobil, Energy, River Oaks (Houston, TX), ExxonMobil Chemical, Chemicals

Bellingham Herald

Boston protesters rally against gas pipeline

The protest, attended by hundreds of supporters, was the culmination of a month-long "rolling rally" that marched through towns likely impacted by the proposed 250-mile long pipeline expansion in Berkshire, Worcester and Franklin counties.

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Related Topix: US Politics, James McGovern, US News, US House of Representatives, Democrat, Senator Elizabeth Warren, US Senate, Massachusetts, Deval Patrick, US Governors, Kinder Morgan Management, Financial Services, Energy, Kinder Morgan

Wed Jul 30, 2014

Prince George Citizen

Suncor net income falls, takes charge on cancelled oilsands project

The Suncor Refinery in Edmonton is seen on Tuesday, April 29, 2014. Suncor Energy Inc. has posted a nearly 70 per cent drop in net income during the second quarter as it took charges related to the cancellation of the Joslyn oilsands project and unrest in Libya.

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Related Topix: Suncor Energy

Brandon Sun

Penn West Petroleum shares dive after accounting review finds faults

Shares in Penn West Petroleum Ltd. fell sharply Wednesday after the company announced it's reviewing its accounting practices going back several years and will have to restate some of its past financial reports.

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Related Topix: Penn West Energy Trust, Energy, Suncor Energy

ABC News

Correction: Exxon Mobil-Gay Rights Story

In a story July 22 about new federal anti-discrimination rules, The Associated Press reported erroneously the value of Exxon Mobil Corp. shares held by investors who supported amending the company's equal employment opportunity statement.

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Related Topix: Exxon Mobil, Energy, Gay/Lesbian, ExxonMobil Chemical, Chemicals, Irving, TX, Transgender

Tri-cityherald.com

Valero Energy 2Q profit rises 26 percent

The San Antonio-based company said net income increased to $588 million, or $1.10 per share, from $466 million, or 85 cents per share, in the same quarter a year ago.

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Related Topix: Energy, Valero Energy, Velos, Startups

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