U.S. stocks climbed on Friday, but closed lower for the week, as investors weighed Wells Fargo results and readied for a slew earnings ahead.» Read More
Philly Tankers AS, majority-owned by Aker Philadelphia Shipyard is building four ships on spec, and Seabulk Tankers Inc, an indirect wholly-owned subsidiary of SEACOR Holdings Inc, is building another two.
Endowments are divesting holdings in fossil-fuel companies and students are cheering. But Terry Tamminen asks, Are these good intentions misguided?
What will stock trading be like 25 years from now? A lot different than it is today. Here are seven huge changes on the way.
*Stakeholders include private equity firms CVC Capital and CD&R. Univar sources chemicals from over 8,800 producers worldwide, including Dow Chemical Co, Exxon Mobil Corp and Eastman Chemical Co.. The company, which gets more than half of its revenue from the United States, listed Akzo Nobel, Kellogg Co, Ecolab Inc and FMC Corp among its customers.
KHABAROVSK/ MOSCOW, Russia, June 27- Rosneft signed on Friday its second major agreement with BP since sanctions were imposed on the Russian oil company's chief executive, a close ally of President Vladimir Putin, over Russia's involvement in the Ukraine crisis.
--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, June 26- The gap between perception and myth in liquefied natural gas is widening, with both buyers and suppliers appearing to subscribe to views that bear limited resemblance to reality.
BISMARCK, North Dakota, June 24- North Dakota intends to nearly double its oil and gas pipeline capacity within two years as part of a plan to curb the wasteful flaring of natural gas in the bustling Bakken oil field, the state's governor said on Tuesday.
Stocks fell, with the S&P 500 turning lower after rising to another record.
Xunlei Limited, one of China's largest internet companies, priced its IPO last night—one day early (it was expected to price tonight).
"Houston has had this incredible growth rate but the lack of skilled workers could slow us down," said Patrick Jankowski of the Greater Houston Partnership. The Houston economy grew 5.3 percent in 2012, trailing only San Francisco while outpacing the wider U.S. economy, according to the most recent data available from the Bureau of Economic Analysis.
CHICAGO, June 23- Despite the incendiary conflict in Iraq that last week sent the benchmark price of Brent crude oil to more than $115 a barrel, a nine-month high, U.S. stock markets largely shrugged off the oil threat, hitting record closing highs last week.
HOUSTON, June 20- The prospect of cheap natural gas prices fueling an industrial renaissance in the United States is at odds with the needs of gas producers, an energy economist said this week. But continued growth is unlikely unless current prices rise substantially, said Gurcan Gulen, senior energy economist at the Center for Energy Economics in Houston.
If the Baghdad government can keep militants away from its oil fields, Iraq's oil production could increase even as crude prices remain high.
MEXICO CITY, June 19- Political wrangling in Mexico means Congress is unlikely to approve before July legislation to complete an energy overhaul at the center of President Enrique Pena Nieto's economic agenda, lawmakers said on Thursday.
Stocks on Thursday were little moved, a day after rallying on reassurances from the Fed.
Brent crude jumped to a new nine-month high while U.S. oil rose modestly, amid concerns about Iraq's growing violence.
*Iraq asks United States for air support vs insurgents. LONDON, June 19- Brent crude hit a nine-month high near $115 a barrel on Thursday on concerns heavy fighting in Iraq could limit oil supply from OPEC's second-biggest producer.
*Iraq asks United States for air support vs insurgents. LONDON, June 19- Brent crude hit a nine-month high near $115 a barrel on Thursday on concerns heavy fighting in Iraq could limit oil supply from OPEC's second-biggest producer. Brent was up 10 cents at $114.36 a barrel by 0940 GMT, after reaching an intraday peak of $114.80, its highest since Sept. 9.
Igor Sechin, the CEO of Rosneft, Russia's top oil producer, has slammed the U.S.'s decision to hit him with sanctions as making no sense.
*Iraq asks United States for air support. SINGAPORE, June 19- Brent crude held above $114 a barrel on Thursday near a nine-month high, supported by concerns about potential supply disruptions due to fighting in Iraq.