Gregory Zuckerman, The Wall Street Journal senior writer, says to focus on the mid-size and smaller players in the oil space for the most profit.» Read More
*Transocean reaches deal with Icahn over dividend. NEW YORK, Nov 11- U.S. stocks barely budged on Monday in thin trading after investors found little reason to add significant new positions with the Dow and the S&P 500 on a five-week winning streak. Volume on Monday was expected to be quiet, with bond markets closed for Veterans Day.
*Transocean reaches deal with Icahn over dividend. *ViroPharma shares soar, to be acquired by Shire for $4.2 billion. said Bryan Sapp, senior trading analyst at Schaeffer's Investment Research in Cincinnati, Ohio.
*Transocean reaches deal with Icahn over dividend. NEW YORK, Nov 11- Wall Street was set for a flat open on Monday as investors took a breather after the Dow and the S&P 500 indexes rose five weeks in a row, while trading volume was likely to be quiet due to the Veterans Day holiday.
The "Squawk on the Street" discuss the deal between Carl Icahn and Transocean to resolve is proxy battle. CNBC's Jim Cramer says Transocean is a long term play but not his favorite.
*Transocean reaches deal with Icahn in proxy battle. NEW YORK, Nov 11- U.S. stock index futures were slightly higher on Monday with the Dow index set for another record while trading volume was likely to be quiet due to the Veterans Day holiday.
*Gov't, bond markets closed for Veterans Day holiday. *Transocean reaches deal with Icahn in proxy battle. NEW YORK, Nov 11- U.S. stock index futures were little changed on Monday as the market was set to take a breather after the Dow and the S&P 500 rose for the fifth consecutive week.
Transocean said it reached an agreement with Carl Icahn.
Nov 11- Transocean Ltd said it reached an agreement with Carl Icahn that would see the offshore driller paying out a dividend and reducing the number of board seats, in a move that resolves a months-long proxy battle. As per the agreement, Transocean would pay a $3 dividend, while reducing the maximum number of directors to eleven from fourteen.
Creating an export-driven natural gas renaissance in the United States requires building infrastructure—and a lot of it.
HOUSTON/ CARACAS, Nov 4- Venezuela is in the process of seizing oil equipment owned by Houston- based Superior Energy Services, a company spokesman said on Monday, after state-run PDVSA failed to pay debts owed to the U.S. company. In recent years, Venezuela has seized assets of contractors after they halted work to demand PDVSA pay past due bills.
Chevron says net income fell 6 percent in the third quarter as weak refining results offset higher oil and gas production.
ExxonMobil reported higher-than-expected results as output rose for the first time in more than two years. Refining weakness hurt profit.
BP's forecast beat analysts' estimates, it hiked its dividend, and promised to sell more assets and return the proceeds to shareholders.
Vandana Hari, Asia Editorial Director at Platts talks about the changing face of global energy landscape and highlights the upcoming key players.
Whiting Petroleum Chairman and CEO James Volker discusses the improving technology for drill bits, and just how oil-rich the Niobrara in Colorado is.
Chevron halted fracking on a Romanian well after a protest. The EU said it is committed to less dependency on fossil fuels. The Oilprice.com reports.
A look beyond the drillers working North Dakota's Bakken field reveals many who see another big opportunity: building infrastructure.
Former GE CEO Jack Welch, Jack Welch Management, and Robert Nardelli, XLR-8 founder, explain why energy independence is a game changer for the economy.
Where oil investors should put their money, with, Tim Rezvan of Sterne Agee. "We expect to see significant increased oil hedging through 2015," he says.
Is Concho a good bet? Its CEO Tim Leach says in the last 5 years, there has been more oil and gas discovered than what has been produced in the last 90 years, and discusses the costs to drilling.