In today's Lunch Break TV, security cameras record a suspected carjacker driving into a gasoline pump, setting it afire.» Read More
HOUSTON-- ConocoPhilips said Friday that it plans $16.7 billion next year in capital expenditures with about 55 percent allocated for North America. The oil and gas company said it plans to spend more on drilling programs in the Eagle Ford, Bakken and Permian regions in North America.
Dec 6- ConocoPhillips, the largest independent oil and gas company, said on Friday that it expected to spend $16.7 billion next year, with more than half earmarked for shale projects in North America.
Dec 6- ConocoPhillips, the largest independent oil and gas company, said on Friday that it expected to spend $16.7 billion next year, with more than half earmarked for projects in North America.
NEW YORK-- NEWS: Francesca's Holdings said Thursday that its third-quarter net income fell as it hired new field sales leaders and opened more boutiques. NUMBERS: The Houston company said its net income fell to $8.7 million, or 20 cents per share, from $10.8 million, or 24 cents per share.
WELLINGTON, Dec 5- New Zealand has awarded deepwater petroleum exploration permits to Norway's Statoil and Australia's Woodside Petroleum Ltd, which join other overseas companies already looking to tap the nation's energy resources.
NEWS: Mattress Firm Holding Corp. shares soared in extended trading Wednesday after the company reported better-than-expected revenue for its third quarter and raised its full-year revenue forecast.
NEW YORK-- Shares of Kinder Morgan Inc. declined Wednesday as some of the energy company's dividend and distribution forecasts for 2014 failed to meet Wall Street's expectations.
MADISONVILLE, La.-- Pelican Energy Consultants will expand its operations in St. Tammany Parish, hiring 195 employees. The company now employs 158 people in Louisiana, including 27 at its headquarters and 86 at its engineering center in Madisonville. It also has 45 employees in a Metairie engineering center, plus offices in Houston and Accra, Ghana.
HOUSTON-- Independent power producer Calpine is buying a power plant from MinnTex Power Holdings LLC for $625 million. "We strongly believe in the potential of the Texas market as electric demand increases and reserve margins tighten," Calpine CEO Jack Fusco said in a statement on Monday. Shares of Calpine Corp. fell a penny to $18.90 in early morning trading.
HOUSTON-- W&T Offshore Inc. said Wednesday that it is facing being blocked from federal contracts due to pollution issues from 2009.. The Houston- based oil and gas company said that the federal regulatory action is undeserved and does not reflect its recent record of responsibility and compliance in the Gulf of Mexico.
BISMARCK, N.D.-- Enbridge Energy is inviting oil producers to bid on rights to use the largest-capacity pipeline proposed to date to transport North Dakota crude.
WASHINGTON, Nov 26- Oilfield services firm Weatherford International will pay $253 million in fines to the U.S. government to settle charges that ranged from flouting sanctions against Iran and Syria to sending business partners on World Cup soccer junkets, officials said on Tuesday.
THE GEYSERS, Calif.-- Firefighters are making progress in containing a late-season wildfire burning in geothermal energy fields in Sonoma County. California fire officials say the McCabe Fire has consumed about 5.2 square miles, or 3,300 acres, in the remote Geyers area, home to a complex of geothermal power plants run by Houston- based Calpine Corp..
NEW YORK, Nov 21- A decision on whether to approve Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage securities is now in the hands of a New York state judge, after a nine-week court proceeding ended on Thursday.
WASHINGTON, Nov 20- A bipartisan group of U.S. House and Senate members is seeking to make it easier for investment fraud victims to seek compensation, after investors in Allen Stanford's Ponzi scheme were deemed ineligible under current law to file claims.
Nov 20- Devon Energy Corp will buy oil-producing assets in Texas for $6 billion and plans to sell or otherwise monetize some of its natural gas-heavy holdings, in a response to criticism about its lack of exposure to higher-margin crude.
Nov 20- Devon Energy Corp will buy GeoSouthern Energy Corp's core assets in the Eagle Ford shale region of south Texas for $6 billion in cash, in a deal that looks to answer criticism about the company's lack of exposure to higher-margin oil.
Latin America is buying more refined products from one of its closest neighbors, the United States, to satisfy increased domestic demand.
NEW YORK, Nov 15- JPMorgan Chase& Co said on Friday it agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market.
NEW YORK, Nov 14- JPMorgan Chase& Co said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market.