• Midday movers: SanDisk, Chevron, Google & more Monday, 12 Jan 2015 | 12:42 PM ET

    Some of Monday's midday movers:

  • Midday movers: Wynn Resorts, Chevron, Crocs & more Friday, 9 Jan 2015 | 1:15 PM ET

    Some of Friday's midday movers:

  • HOUSTON, Jan 7- The world's oil and gas exploration companies are expected to cut capital expenditures 17 percent this year as a deep slump in crude oil prices takes a toll on budgets, according to a survey by Cowen and Company released on Wednesday. International spending is expected to tumble 15 percent this year, while spending under a $55 to $60 average price...

  • Midday movers: Chevron, Hess, Morgan Stanley & more Tuesday, 6 Jan 2015 | 12:55 PM ET

    Some of Tuesday's midday movers:

  • U.S crude crashed below $50 a barrel while benchmark Brent tumbled under $53 after data showed Russian oil output at post-Soviet era highs and Iraqi oil exports near 35- year peaks. U.S. driller ConocoPhillips added to the bearish mood by announcing it struck first oil at a Norwegian North Sea project. The Organization of the Petroleum Exporting Countries...

  • U.S crude crashed below $50 a barrel while benchmark Brent crude tumbled under $53 after data showed Russian oil output at post-Soviet era highs and Iraqi oil exports at near 35- year peaks. Top crude exporter Saudi Arabia has made deep cuts to its monthly oil prices for European buyers, a move that analysts said reflects the kingdom's deepening defence of...

  • *ConocoPhillips sees 1st oil at a Norwegian North Sea project. NEW YORK, Jan 5- The selloff in global oil markets showed little signs of slowing in the new year with U.S. crude breaking below $50 a barrel, the first time since April 2009, on fears of a supply glut. U.S. driller ConocoPhillips added to the bearish sentiment somewhat, announcing it had struck first oil at a...

  • Jan 2- Linn Energy LLC cut its 2015 capital budget by 53 percent to $730 million, joining other oil and gas producers in reducing expenditure in response to falling oil prices. Linn Energy shares were up about 16.6 percent at $11.81 in afternoon trading on Friday, after having fallen nearly 12 percent in premarket trading. Linn Energy also said GSO Capital...

  • Buckle up: This isn't your granddad's oil patch Friday, 2 Jan 2015 | 1:20 AM ET
    Workers line up pipe while drilling for oil in the Bakken shale formation outside Watford City, N.D.

    Last year was a tumultuous one for oil, with Brent crude prices declining almost 50 percent since June. What will 2015 bring?

  • BENGHAZI, Libya, Dec 31- Libya has made progress containing a fire at its largest oil port that has destroyed four days of the country's oil production but the damage to storage tanks will hamper efforts to resume exports, officials and industry insiders said. Both sides command forces made up of former rebel troops which helped oust Gaddafi but which are now...

  • *Hariga fields still producing- oil official. BENGHAZI, Libya, Dec 29- Libya's oil output has shrunk back further after blazing oil tanks at a major terminal helped world oil prices higher and burnt a bigger hole in its dollar currency reserves. Libya has appealed to Italy, Germany and the United States to send firefighters.

  • *Initial jobless claims fall for fourth straight week. *Biotech shares rebound after sharp two-day decline; energy falls. NEW YORK, Dec 24- U.S. stocks closed flat in a short session on Wednesday as investors found few reasons to push major indexes to their sixth straight day of gains despite strength in biotechs and bullish labor market data.

  • HOUSTON, Dec 22- Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts said over the past week, as firms try to stay cash-flow positive and keep debt in check. With oil prices down more than 40 percent since June, some companies, including ConocoPhillips, have slashed spending by 20 percent.

  • OSLO, Dec 22- Greenhouse gas emissions by the world's top 500 companies rose 3.1 percent from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday. The top 500 firms by capitalisation accounted for 13.8 percent of world greenhouse gas emissions and 28 percent of gross domestic product in 2013, according to the...

  • Midday movers: Facebook, Chevron, Tesco & more Monday, 22 Dec 2014 | 12:46 PM ET

    Some of Monday midday movers:

  • COLUMN-Clausewitz and oil prices: Kemp Thursday, 18 Dec 2014 | 10:38 AM ET

    LONDON, Dec 18- "If we consider the actual basis of this, how unreliable and transient it is, we soon realise that war is a flimsy structure that can easily collapse and bury us in its ruins." German military theorist Carl von Clausewitz was writing about the role of intelligence in warfare, but his insight about unreliable information is equally applicable to...

  • Trying to pick a bottom in energy stocks Wednesday, 17 Dec 2014 | 4:07 PM ET
    Traders on the floor of the New York Stock Exchange.

    Trying to pick a bottom in energy stocks: is this the time to go long?

  • Midday Movers: Carnival, Chevron, Netflix & more Wednesday, 17 Dec 2014 | 12:59 PM ET

    Some of Wednesday's midday movers:

  • Energy shares rebound as bargain-hunters swoop in Tuesday, 16 Dec 2014 | 5:45 PM ET

    NEW YORK, Dec 16- The proverbial knife is falling. "With the stocks down so big, seems to be an intermediate opportunity in the group," said Doug Kass, president of Seabreeze Partners in Palm Beach, Florida. Between the beginning of the year and June 23, the sector had gained 13 percent on the back of a steady rise in oil prices and expectations for improved growth.

  • Dec 16- Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people familiar with the matter. The companies that made bids in December include Marathon Petroleum Corp, Valero Energy Corp, HollyFrontier Corp and a consortium of...