Russia's top crude oil producer Rosneft wants to break the monopoly of another state-owned Gazprom to export gas via pipelines to China.» Read More
With oil pushing through the $80 mark and not looking back, crude tanker stocks are getting a lot more attention. But it isn’t just oil being carted throughout the high seas. What about investing in companies that ship everything else?
Record high coal prices and tight supply are piling the pressure on electricity generators already hit by soaring oil markets and high gas prices, industry players say.
After sucking fumes behind Toyota and its popular Prius, GM is stepping up to the plate with the next generation of hybrids. They are called 2-mode hybrids because they get electric motor assist in the city AND on the highway. GM unveil the first of these 2-mode hybrids today at the Texas State Fair in Dallas...
Azerbaijan's biggest gas field, Shakh-Deniz, has 20% more gas reserves than initially thought, a project partner said on Thursday confirming the field's large export potential for Europe.
Australia's Woodside Petroleum said on Thursday it will sell its Mauritanian assets to Malaysian state-owned oil and gas company Petronas as it looks to focus on more lucrative LNG projects.
This is the stock with the most upside potential if the predicted takeover trend in Canadian energy trusts continues.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Gardner Denver is a great play on the strength of oil and the euro, but it’s not the sexy stock most investors seek out.
We're back in the "bad news is good news" phase. At least that's how you may want to read the stock market's reaction to today's clunker of a durable goods number, its worst monthly reading since January. Durable orders fell by 4.9% in August, below the 3.5% decline expected and way off from July's 6.1% increase.
The weak dollar's leading role in oil's ascent to record highs is partly due to a tide of financial flows into commodity investments but also reflects a shift in the greenback's relationship with crude.
Kazakh lawmakers passed a bill Wednesday allowing the government to unilaterally break contracts with foreign companies, potentially threatening an Italian-led consortium developing a giant oilfield.
Kuwait has approved a budget of 4 billion dinars ($14.29 billion) to build the Middle East's largest refinery, more than double the initial estimate, state refiner Kuwait National Petroleum (KNPC) said.
Kuwait wants to drop Royal Dutch Shell as a partner and is instead considering BP in a project to build a $5 billion oil refinery in Guangdong in China, Kuwait's state news agency KUNA reported on Tuesday.
Shares in BP fell Tuesday after a newspaper reported that the oil company's chief executive had warned staff of poor third-quarter results.
Austrian oil and gas group OMV upped the ante in its battle to take over Hungary's MOL on Tuesday, telling MOL shareholders it would offer $20 billion if MOL's board agrees to negotiate.
European stocks closed mixed under the weight of the impact of the global credit turmoil on the banking sector and with scattered good news from other sectors.
Trust Cramer: Expensive oil is good for the market. So is the weak dollar.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Oil companies increased oil and natural gas output from the offshore Gulf of Mexico on Saturday, recovering from a tropical depression that dealt the biggest blow to the region's energy production in two years.
Algerian state-owned oil and gas group Sonatrach declined to comment on a report it has offered Banco Santander 5.7 billion euros ($8 billion) for its 30% stake in Cia Espanola de Petroleos.
The average retail price of a gallon of gasoline in the United States cost 2.03 cents less last week than two weeks before, but prices are set to move up as crude oil prices rise, an industry analyst said Sunday.
Like an orchestra tuning up, financial markets are trying to find the right pitch after the Fed's big rate move. The market moves have been dramatic, and for the time being, it's likely they'll continue that way.