LONDON/ HOUSTON, May 8- Royal Dutch/Shell said on Wednesday it will go ahead with the world's deepest offshore oil and gas production project, pushing the boundaries of technology to produce from nearly 2 miles down in the Gulf of Mexico.
May 8- Royal Dutch/Shell is to go ahead with the world's deepest offshore oil and gas production facility, pushing the boundaries of industry technology to drill almost three kilometres underwater in the Gulf of Mexico.
May 8- Royal Dutch/Shell will build the world's deepest offshore oil and gas facility, pushing the boundaries of industry technology to search three kilometres underwater in the Gulf of Mexico. Last month, BP decided to delay development of its biggest new Gulf of Mexico project, Mad Dog Phase 2, citing tough market conditions and fast-rising costs.
May 8- Royal Dutch Shell Plc said on Wednesday it plans to go forward with the Stones ultra-deepwater oil and natural gas project in the Gulf of Mexico. Production during the first phase of the project is expected to have an annual peak of 50,000 barrels of oil equivalent per day, the oil major said in a press statement.
LONDON, May 7- U.S. coal miners have been among the biggest victims of the shale revolution and tougher emission controls on power plants. U.S. coal miners produced about 1,016 million short tons last year, down just over 7 percent from 1,094 million tons a decade earlier, according to estimates published by the U.S. Energy Information Administration.
NEW YORK, May 6- The CME Group intends to launch at least two new U.S. crude oil futures contracts before the end of this year, as the rapid growth in U.S. oil production and infrastructure boosts liquidity in Gulf Coast spot markets.
*SPDR Gold Trust lost 142 T in gold valued at $6.6 bln. NEW YORK, May 1- Gold's historic sell-off last month has intensified a disconnect between funds that sold on dissatisfaction over bullion's underperformance and individual investors who could not get enough physical gold coins and bars at bargain prices.
*SPDR Gold Trust lost 142 T in gold valued at $6.6 bln. NEW YORK, May 1- Gold's historic sell-off last month has intensified a disconnect between funds which sold on dissatisfaction over bullion's underperformance and individual investors who could not get enough physical gold coins and bars at bargain prices.
LONDON, April 30- Europe's steel industry has thrown its weight behind calls for the London Metal Exchange to slash the growing queues for materials like zinc held in warehouses registered by the world's biggest metals marketplace.
LONDON, April 30- BP Plc has been hit by over 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to stake their claim before their right to do so expired.
NEW YORK, April 26- New York City said on Friday it sued BP Plc for over $39 million of losses it claims beneficiaries of the city's pension funds suffered due to BP's "misconduct and fraudulent behavior" linked to the 2010 Deepwater Horizon oil spill.
April 24- General Electric Co shareholders rejected a proposal on Wednesday to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt.
April 24- General Electric Co shareholders rejected a proposal on Wednesday to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt.
April 24- General Electric Co shareholders rejected a proposal to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt, GE said on Wednesday.
NEW ORLEANS, April 23- A federal appeals court has agreed to speed up the process of determining whether BP Plc's settlement with class-action plaintiffs over the 2010 Gulf of Mexico oil spill is being handled properly.
April 22- Halliburton Co is in "advanced" talks to settle private claims against it in a trial to determine blame for the 2010 Gulf of Mexico spill, the oilfield services company said on Monday, as it booked a $1 billion pretax charge for a possible deal.
*BP shifts blame to Transocean, Halliburton. NEW ORLEANS/ SAN FRANCISCO, April 22- BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars.
LONDON, April 19- BP is reviewing its biggest new oil project in the Gulf of Mexico, due to rising development costs across the industry, and could delay the $10 billion scheme.
Revenue up slightly to $35 billion, beats Street. April 19- General Electric Co cut the profit growth estimate for its core industrial businesses on Friday, citing weakness in Europe and sliding wind turbine sales, unnerving Wall Street and pushing its stock down in morning trading.
Revenue up slightly to $35 billion, beats Street. April 19- General Electric Co warned of slowing profit growth in its industrial businesses due to weakness in Europe and sliding turbine sales, unnerving Wall Street and pushing its stock down in morning trading. But he said he still expects overall earnings, which include GE Capital, to improve this year.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.