The U.S. energy renaissance has coincided with a boom in energy-related stocks, one that investors are starting to notice.» Read More
BP PLC fell$. 10 or. 2 percent, to $48.94. ConocoPhillips rose$. 03 or percent, to $74.20. Exxon Mobil Corp. rose$. 38 or. 4 percent, to $100.75.
PARIS, April 23- France's Total expects the biggest share of its oil and gas output to come from Russia by 2020 and plans to stay there for the long haul despite recent tensions with the West over Ukraine, a top executive said.
BP PLC fell$. 21 or. 4 percent, to $48.83. ConocoPhillips rose$. 02 or percent, to $74.19. Exxon Mobil Corp. rose$. 38 or. 4 percent, to $100.75.
JUNEAU, April 21- Alaska's legislature on Monday approved Governor Sean Parnell's plan to join four energy companies in moving ahead on plans to build infrastructure to transport and market 35 trillion cubic feet of North Slope gas to be shipped by an 800- mile pipeline to a liquefied natural gas export plant.
BP PLC rose$. 15 or. 3 percent, to $49.03. ConocoPhillips fell$. 17 or. 2 percent, to $74.60. Exxon Mobil Corp. rose$. 51 or. 5 percent, to $100.93.
BP PLC rose$. 18 or. 4 percent, to $49.06. ConocoPhillips rose$. 08 or. 1 percent, to $74.85. Exxon Mobil Corp. rose$. 25 or. 2 percent, to $100.67.
BOSTON, April 21- Will Danoff, who runs Fidelity Investments' behemoth Contrafund, is frustrated by his lagging performance this year and is pruning his exposure to cloud software stocks that got clobbered recently in a swift and hard-hitting downturn.
BP PLC rose$. 08 or. 2 percent, to $48.96. ConocoPhillips rose$. 02 or percent, to $74.79. Exxon Mobil Corp. fell$. 26 or. 3 percent, to $100.16.
WASHINGTON, April 21- The U.S. Supreme Court on Monday declined to review a ruling against Exxon Mobil Corp that ordered the company to pay $105 million in damages for polluting New York City's groundwater with a toxic gasoline additive. The decision not to hear the case leaves intact a July 2 U.S. Circuit Court of Appeals ruling that upheld the judgment.
NEW YORK, April 17- Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist. These draw representatives from mainstream investment firms like T. Rowe Price, Gabelli& Co and Morgan Stanley& Co..
*Schlumberger first-quarter profit $1.21/ share vs est. *Baker Hughes first-quarter adjusted profit $0.84/ shr est. April 17- Oilfield services companies Schlumberger Ltd and Baker Hughes Inc reported better-than-expected quarterly profits and signaled an improvement in the North American market, driven by increased drilling in the Gulf of Mexico.
NEW YORK— General Electric's new focus on oil and gas equipment helped the company to post strong first-quarter results. GE earned $3 billion on revenue of $34.18 billion in the year's first three months, down from $3.5 billion on revenue of $34.94 billion during the same period last year.
BP PLC rose$. 62 or 1.3 percent, to $48.39. ConocoPhillips rose$. 84 or 1.2 percent, to $73.78. Exxon Mobil Corp. rose $1.26 or 1.3 percent, to $99.94.
BP PLC rose$. 52 or 1.1 percent, to $48.29. ConocoPhillips rose$. 53 or. 7 percent, to $73.47. Exxon Mobil Corp. rose$. 82 or. 8 percent, to $99.50.
LONDON, April 16- When U.S. firm ConocoPhillips spun off its refining assets in 2011 to focus on more profitable oil production, it seemed only a matter of time before one of the oil majors followed suit. Europe's oil refining guru, Marcel van Poecke, believes the move will be repeated one day. They say:' We can buy BP for upstream and Valero for downstream.
BP PLC rose$. 43 or. 9 percent, to $48.20. ConocoPhillips rose$. 43 or. 6 percent, to $73.37. Exxon Mobil Corp. rose$. 83 or. 8 percent, to $99.51.
BP PLC rose$. 09 or. 2 percent, to $47.54. ConocoPhillips rose$. 64 or. 9 percent, to $71.51. Exxon Mobil Corp. rose $1.14 or 1.2 percent, to $97.86.
Helped by strong government support, plentiful labour and an abundant supply of raw materials like steel, China could become a major offshore oil equipment manufacturing hub in less than 10 years, industry executives say, just like Singapore and South Korea overtook the United States and Europe in the 1990 s.
BP PLC rose$. 32 or. 7 percent, to $47.77. ConocoPhillips rose$. 56 or. 8 percent, to $71.43. Exxon Mobil Corp. rose $1.15 or 1.2 percent, to $97.87.
*Seen as key for expansion of Angola's oil industry. PARIS/ LUANDA, April 14- France's Total said it would go ahead with a deepwater project offshore Angola after cutting its cost to $16 billion, keeping Africa's No.2 producer on track to expand its oil industry.