April 21- Halliburton Co, the world's No.2 oilfield services company, forecast a 25 percent jump in earnings in the current quarter, helped by a recovery in margins in North America and growth in overseas markets. The company, traditionally dominant in the United States, has been making a big push into international markets to combat weakness in North America.» Read More
BISMARCK, N.D.— Canadian Pacific Railway told a federal oversight board Friday that moving fertilizer for spring planting does not present a "significant challenge" for the railroad.
The Keystone XL pipeline government comment period has been extended, a move that likely postpones a final decision until after the mid-term elections.
In a surprise announcement Friday as Washington was winding down for Easter, the State Department said federal agencies will have more time to weigh in on the politically fraught decision— but declined to say how much longer.
RIO DE JANEIRO, April 18- Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday.
WASHINGTON, April 18- The U.S. State Department will on Friday extend the government comment period on the Keystone XL pipeline, said sources familiar with the plans, likely postponing a final decision on the controversial project until after the Nov. 4 midterm elections.
General Electric expects healthy growth in China this year, despite mounting concerns about the economy, its CFO said.
*PetroChina to triple spending from $500 mln past few years. BEIJING, April 18- Chinese state energy giant PetroChina plans to spend more than 10 billion yuan on shale gas this year, sources with knowledge of the matter said, as domestic competition heats up after rival Sinopec announced a commercial find.
*BP pays billions in compensation but some claims still unpaid. April 18- Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.
ANKARA, April 18- Turkey will seek a discount in the price of gas it buys from Russia in talks with the deputy head of state-controlled Gazprom next week when he visits Ankara, Turkey's energy minister said on Friday.
BEIJING, April 18- China has launched an intense media campaign to defend the safety of producing a chemical used to make polyester fibre, as public opposition to new petrochemical plants threatens to disrupt expansion plans by state energy giants such as Sinopec Corp..
*Canadian company ready to mine off Papua New Guinea. NEWCASTLE, England/ LONDON, April 18- The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea- when a wrangle over terms is solved. The world waits for the judgement of a United Nations agency based in Jamaica.
Mad Money's Jim Cramer reflects on CNBC's evolution over the past 25 years.
NEW YORK, April 17- Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist. These draw representatives from mainstream investment firms like T. Rowe Price, Gabelli& Co and Morgan Stanley& Co..
*U.S., Russia, Ukraine and EU issue joint statement. LOS ANGELES, April 17- Brent crude oil fell on Thursday, stalling below $100 a barrel after the United States, Russia, Ukraine and the European Union jointly called for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.
April 17- Oilfield services providers Schlumberger Ltd and Baker Hughes Inc each posted better-than-expected quarterly profit on Thursday, though they said pockets of weakness loom in Brazil, Canada, Russia and other drilling regions.
Coffee for July delivery jumped 15.25 cents, or 8.1 percent, to $2.04 per pound. Brazil is the world's largest coffee producer, accounting for about a third of global production, according to the International Coffee Organization. Coffee in Brazil isn't harvested until June.
American oil companies are telling our U.S. state department they don't want a full-scale financial sanctions war, explains CNBC's Larry Kudlow. He makes the case for raising the value of the U.S. Dollar by 15 percent which he says will kill the price of oil.
SAO PAULO, April 17- Eduardo Campos, the centrist former state governor running third in Brazil's presidential race, plans to lower the tax burden and set a formula to automatically raise fuel prices at state-run oil company Petrobras if he wins the October election.
*U.S., Russia, Ukraine and EU issue joint statement. LOS ANGELES, April 17- Brent crude oil fell on Thursday after the United States, Russia, Ukraine and the European Union joined to call for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data.
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