The CST-100 is designed to ferry crew, cargo and even tourists into low Earth orbit.» Read More
CARACAS, Sept 16- Buses across jungle borders, boats through Caribbean waters and private flights from small airfields have become a new norm for departing Venezuela as a multi-billion dollar pay dispute turns the country into something of a' no-fly' zone.
Sept 15- ConocoPhillips, the largest U.S. independent oil and gas company, is preparing to auction its 24 percent stake in the Clair oilfield in the United Kingdom, the Financial Times reported on Monday. The oilfield has an estimated 8 billion barrels of oil, making it the largest hydrocarbon resource in Europe, according to oil major BP Plc's website.
Exxon Mobil’s ambitions in Russia appear to have been dashed, at least until the Ukraine crisis is resolved. The NYT reports.
*Weaker oil demand growth in China and Europe- IEA. NEW YORK, Sept 12- Crude oil prices fell on Friday on pressure from weak demand, ample supplies and a strong dollar. "We've seen a lot of selling pressure lately and concerns of a lot of oil on hand to meet demand," said Gene McGillian, an analyst at Tradition Energy in Stamford, Connecticut.
WASHINGTON, Sept 12- The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions on Friday to punish Moscow for its intervention in Ukraine. They are the latest economic penalties imposed by the West since Russia annexed Crimea from Ukraine in March.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by six this week to 1,931.. Of the major oil- and gas-producing states, Alaska gained three rigs; Kansas, New Mexico and North Dakota each increased by two; and Colorado, Ohio and Pennsylvania were up one apiece.
*Weaker oil demand growth in China and Europe- IEA. NEW YORK, Sept 12- Brent oil prices fell on Friday, pressured by a strong dollar, weak demand and ample supplies, while U.S. crude rose, stabilizing a day after hitting 16- month lows.
HOUSTON— The Men's Wearhouse Inc. on Wednesday reported profit of $12.3 million in its fiscal second quarter. The Houston- based company said it had profit of 25 cents per share. Men's Wearhouse shares have risen 5.5 percent since the beginning of the year.
FORT WORTH, Texas— Production from the natural gas-rich Barnett Shale in North Texas has risen even as drilling activity and natural gas prices have fallen, according to a study commissioned by the Fort Worth Chamber of Commerce released Wednesday.
At the bottom of the rankings: JetBlue Airways and Southwest Airlines, with nearly one in three flights arriving late. JetBlue spokesman Morgan Johnston said the airline was making better use of spare planes and adjusting staffing in its operations center to handle delays during summer thunderstorms.
Venezuela's state-run oil company is seeking offers for its U.S. unit Citgo Petroleum in a deal that could fetch up to $10 billion.
NEW YORK, Sept 10- Morgan Stanley's unorthodox plan to export U.S. compressed natural gas could give the Wall Street bank quick access to emerging Caribbean markets- if it can find a way to ship the fuel in bulk after decades of other failed attempts.
NEW YORK, Sept 9- Venezuela's state-run oil company PDVSA is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
NEW YORK/ WILMINGTON, DELAWARE, Sept 9- Puerto Rico's indebted power authority better get used to some tough love from its new chief restructuring officer, Lisa Donahue, who has earned a reputation for decisiveness, hard work and a cold-blooded devotion to cutting costs.
Oil producers in condensate-heavy shale crude plays like the Eagle Ford and the western Permian Basin in Texas also could fetch better condensate prices if exported, as U.S. refiners have limited demand for it.
HOUSTON, Sept 8- In June 2013, activist investors got the board of SandRidge Energy Inc to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.
LONDON- The British government is scrambling to respond to a lurch in the opinion polls towards a vote for Scottish independence this month by promising a range of new powers for Scotland if it chooses to stay within the United Kingdom.
New Jersey gambling regulators gave permission to Betfair, the European online gambling company, to continue to operate in the state even after its brick-and-mortar partner, Trump Plaza, shuts down on Sept. 16.
ATLANTIC CITY, N.J.— A popular restaurant at Trump Plaza is suing the Atlantic City casino, asking a judge to permit it to keep operating after the casino shuts down on Sept. 16.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by 11 this week to 1,925.. Of the major oil- and gas-producing states, Texas gained seven rigs, New Mexico and Pennsylvania each gained two and Arkansas, Oklahoma and Wyoming each gained one.