Even as U.S. shale companies pursue mergers, analysts don't expect them to become echoes of Big Oil deals that eventually fell flat.» Read More
Drones may cause controversy, but the Defense Department has boosted its budget for buying them and designing new ones.
As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.
MOSCOW/ LONDON, May 13- Around a dozen chief executives and chairmen of major U.S. and European corporations have withdrawn from an economic conference in Russia as pressure between Moscow and the West grows over the crisis in Ukraine.
MOSCOW/ LONDON, May 13- Around a dozen chief executives and chairmen of major U.S. and European corporations have pulled out of an economic conference in St Petersburg as pressure between Russia and the West grows over the crisis in Ukraine.
*Norway seeks drilling in Barents Sea that froze in 1980 s. OSLO, May 13- Norway wants to let oil and gas companies drill in Arctic seas that were frozen as recently as the 1980 s even though some climate experts say it is too early to trust global warming to keep the ice away.
LAUNCESTON, Australia, May 9- Building a fleet of the world's largest vessels has been touted as the solution to the high costs of developing the next phase of liquefied natural gas investments in Australia.
The Corporate Angel Network, which gets cancer patients free flights on corporate jets, recently flew its 45,000th passenger.
MOSCOW, May 7- Western investors from a bank to a brewer reported trouble in their Russian operations on Wednesday due to the Ukraine crisis, while the Kremlin suggested Washington was trying to sabotage President Vladimir Putin's flagship economic forum.
CARACAS, May 6- A World Bank panel said on Tuesday it has rejected Venezuela's request to change the arbitrators reviewing a dispute over compensation sought by U.S. oil company ConocoPhillips for 2007 expropriations.
The "Fast Money" traders share their final trades of the day.
Some of Monday's midday movers:
While the United States enjoys a surge in oil and natural gas production, Exxon Mobil and Chevron have so far missed the party.
Profits from exploration—otherwise known as "upstream" earnings—were a saving grace for Big Oil in the last quarter.
May 2- Sliding production and weak crude oil prices hampered Chevron Corp in the first quarter, leading the second-largest U.S. oil producer, to report a profit well below Wall Street's expectations.
Chevron, the second-largest U.S. oil producer, said on Friday its first-quarter profit fell 27 percent due to falling crude oil production and prices.
HOUSTON/ NEW YORK, May 1- U.S. oil companies Exxon Mobil Corp and ConocoPhillips both reported first-quarter earnings that exceeded Wall Street expectations on Thursday, helped partly by higher natural gas prices.
Exxon underscores a problem with the oil majors: they're too big to grow so they pay out large dividends.
U.S. stock index futures pushed higher on Thursday, ahead of first quarter results from ConocoPhillips, ExxonMobil and MasterCard, among others.
Exxon Mobil reported first-quarter earnings on Thursday that beat Wall Street's expectations.
Stocks closed out April with a bang and many watchers believe this is not the year to sell in May.