July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, forecast falling demand for deepwater rigs, overshadowing robust demand for jack-up rigs, used in shallower waters, as well as land rigs.» Read More
Feb 24- Chesapeake Energy Corporation said it is pursuing strategic alternatives for its oilfield services division, including an outright sale or a potential spin off to Chesapeake shareholders.
MOSCOW, Feb 20- Eurasia Drilling Company, Russia's largest provider of onshore drilling services, will buy back global depository receipts worth up to $200 million in the six months starting from April 2, it said on Thursday. The company did not give a reason for the move. Since then, Eurasia's GDRs have lost a quarter of their value to trade at $28.30 on Thursday.
The autonomous region's prime minister and top energy official travelled to Baghdad earlier this week, intensifying efforts to settle the long-running dispute over exports of oil from Kurdistan via a new independent pipeline to Turkey.
BAGHDAD, Feb 19- Iraqi Kurdistan has agreed to export crude via the country's main oil marketing body, Deputy Prime Minister for energy Hussain al-Shahristani said on Wednesday, potentially removing a major sticking point in a row with the central government.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Feb 17- China's record imports of crude oil in January have largely, and correctly, been dismissed by the market as being artificially boosted by restocking ahead of the Lunar New Year holidays.
HONG KONG, Feb 14- Hong Kong- listed oil trader and shipping firm Brightoil Petroleum Holdings has held talks with U.S. oil companies Anadarko Petroleum Corp and Newfield Exploration Co to buy their China operations, sources with knowledge of the matter told Reuters.
*U.S. crude for March delivery fell 13 cents to $100.23 by 0030 GMT after closing at $100.35 on Thursday. *Libya's oil output dropped to 460,000 barrels per day on Thursday after protesters shut down pipelines from the El Wafa and El Sharara oilfields, the National Oil Corporation said on Thursday.
Gridlock in Washington on fracking, the minimum wage, and immigration force states to make their own rules. Fiscal Times reports.
Feb 7- Antero Resources Midstream LLC filed with U.S. regulators to raise up to $500 million in an initial public offering of its common stock. Antero Resources Midstream, formed by Antero Resources Corp, owns, operates and develops midstream energy assets including pipelines, compressor stations and fresh water distribution systems.
*Fourth-quarter profit $1.56/ shr vs est. Jan 31- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a better-than-expected adjusted quarterly profit, boosted by strength in its business that helps prepare oil and gas wells for production.
Jan 31- National Oilwell Varco Inc's fourth-quarter revenue rose 9 percent, buoyed by strong demand for its services that prepare oil and gas wells for production. The largest U.S. oilfield equipment provider's revenue rose to $6.17 billion in the quarter ended Dec. 31, from $5.68 billion a year earlier.
LOS ANGELES, Jan 31- Blu LNG, one of the biggest names in the move to wean U.S. trucks off diesel onto natural gas, has laid off 20 percent of its staff, ousted several senior executives and slowed down development of fueling stations as it waits for more truckers to embrace the switch to the cheap and cleaner-burning fuel.
BP won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill.
One of China's largest private companies is quietly rolling out plans to establish a network of natural gas fueling stations for trucks along U.S. highways.
China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.
For the nearly half of Americans expecting a refund on their taxes this year, four ideas for maximizing the money that's coming back.
A U.S. judge accepted an agreement by BP to plead guilty for its role in the Deepwater Horizon disaster and pay a record $4 billion in criminal penalties for the worst offshore oil spill in U.S. history.
Chesapeake Energy, battling a governance crisis and financial strain, said that CEO Aubrey McClendon is leaving the company.
An oil drilling rig owned by Royal Dutch Shell ran aground in Alaska after drifting in stormy weather, highlighting the serious risks of working in an offshore region where some in the industry see huge potential.
OptionMonster’s tracking systems detected a giant upside trade in SM Energy, the wildcat oil company, which operates in Texas, Louisiana, and the Rockies.