Oil and Gas Drilling Commodity Market Trades, Charts
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NEW YORK-- Transocean Ltd. shares rose Monday on news that billionaire investor Carl Icahn boosted his stake in the oil drilling company and said he plans to push for it to declare a dividend of at least $4 a share.
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NEW YORK-- Transocean Ltd. shares rose Monday on news that billionaire investor Carl Icahn boosted his stake in the oil drilling company and said he plans to push for it to declare a dividend of at least $4 a share.
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A consortium that deals with security issues is warning about possible threats to oil installations in Libya.
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Jonathan Swinney, CFO of EnQuest, tells CNBC how the oil company plans to use the capital from its retail bond issuance.
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*EuroSTOXX 50 sets fresh 18- month highs. LONDON, Jan 28- Euro zone blue chips touched fresh 18- month peaks on Monday, with technical charts pointing to a continued slow grind higher backed by tentative signs of improvement in the global economy and corporate earnings.
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The biggest mistake the energy industry makes is to ignore regional and geopolitical dynamics. It's complicated, and the corporate world doesn't have the patience for it.
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PITTSBURGH-- The former controller of a natural gas drilling company pleaded guilty Wednesday to helping the company's former chief operating officer steal more than $5.4 million from the western Pennsylvania business _ including $557,000 she kept for herself.
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Jan 18- Schlumberger Ltd reported fourth-quarter earnings just ahead of recently reduced expectations on Friday on strong demand for oil and gas drilling services beyond the shores of North America.
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In its report for January, the Organization of Petroleum Exporting Countries said the United States in 2013 may post the highest oil supply increase among non-member states.
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James Tisch, president and CEO of Loews Corporation, explains whether Washington can get its act together over the debt ceiling.
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Chevron has signed production-sharing contracts with CNOOC for two exploration blocks in the South China Sea even after drilling three dry holes there last year.
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A number of Americans have been seized by militants at an Algerian gas field, U.S officials said, in what the U.K. government described as an "ongoing terrorist incident." NBC News reports.
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The rapid deterioration of Hugo Chavez's health raises the question of why Venezuela – and by extension Chavez – plays such an integral role in the global energy market.
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Working in extreme Arctic conditions brings its own set of technical hazards, highlighted by the grounding of Royal Dutch Shell’s Kulluk rig on the rocks off Sitkalidak Island, after being battered by a northern Pacific gale. These problems may become more frequent.
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Dominic Schnider, Head of Commodity Research, UBS Wealth Management says platinum, palladium and silver will do well this year amid loose monetary policies and a recovery in the global economy.
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Gasoline prices are up 8 cents in the past two weeks and will likely continue climbing through April. Experts say the 2013 national average will likely top out at about $3.95 a gallon.
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The latest chapter of the Deepwater Horizon saga has been written, and it could send shares of Transocean, the owner of the drilling rig that spawned the Gulf of Mexico spill, higher.
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The implications of Hugo Chavez's illness are enormous, for Venezuela, for the world, and particularly for the U.S., which remains highly dependent on imports of Venezuelan crude.
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Solar technology can use heat from the sun to extract heavy crude from aging fields — an idea that is gaining ground with Big Oil companies.
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Karim Rahemtulla, Director of Resources, Oil & Energy Daily says that natural gas is a good long term play as Americans switch to the energy resource.
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Russia's Gazprom will beat Exxon Mobil this year to become the most profitable company in the world, and yet its shares are down 18 percent. Why? The answer may lie with the priorities of Russian President Vladimir Putin.