Companies are preparing to launch unmanned aircraft in the Arctic this summer to aid in energy exploration, climatology research and shipping.» Read More
*Dropping Queensland export project could save $5 billion- analysts. LONDON, Nov 12- The Arrow gas export project in Australia is a likely casualty of a tighter spending regime at Royal Dutch/Shell as the company's new boss considers feeding output earmarked for it into a rival plant instead.
Foreign investors are among the biggest beneficiaries of the U.S. energy boom, underscoring the great positioning of small energy companies.
"Mad Money" host Jim Cramer made calls on stocks viewers asked about.
The largest oil and gas producer in the state of Alaska is considering exports of Alaska North Slope crude direct to Asian markets.
Thursday's midday movers
*Expects about $9 bln from asset sales in Kazakhstan, Algeria, Nigeria. Oct 31- ConocoPhillips, abandoning higher-risk assets in favor of oilfields closer to home, said it expects proceeds of nearly $9 billion from the sale of its interests in Kazakhstan, Algeria and Nigeria.
It's not just tough refining margins hitting Big Oil, but lower oil production as well.
*Expects $8.9 bln from asset sales in Kazakhstan, Algeria, Nigeria. Oct 31- ConocoPhillips expects about $8.9 billion in proceeds from the sale of assets in Kazakhstan, Algeria and Nigeria and reported a better-than-expected quarterly profit due to higher oil and gas prices.
Some of the names on the move ahead of the open.
Net income rose to $2.5 billion, or $2 per share in the third quarter, from $1.8 billion, or $1.46 per share, a year earlier.
What to look for when the major players in U.S. oil report quarterly results Thursday and Friday.
Oct 30- Political and military unrest in Libya sharply curtailed Hess Corp's output and profits in the third quarter, and forced it to temper expectations for the year, the oil and natural gas producer said on Wednesday.
Oct 30- Political and military unrest in Libya sharply curtailed oil and natural gas producer Hess Corp's quarterly production and profit, forcing it to temper expectations for the year, the company said on Wednesday.
LONDON, Oct 30- Libyan crude oil exports showed little improvement on Wednesday after falling to a trickle this week, except for one tanker that was expected to load condensate from the small western port of Mellitah, trading sources said.
Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
LONDON, Oct 25- Libya has blocked efforts by U.S. company Marathon Oil to sell its stake in one of the country's top oil ventures by moving to preempt a deal, sources said, highlighting the struggle investors face in cutting exposure to Libya's unrest.
Many companies continue to pick up the tab for CEOs' spouses who accompany them on business trips. USA Today reports.
Institutions loading up on oil and gas investments have been warned by the OECD they may need to begin calculating the carbon risk in their assets.
DAEGU, South Korea, Oct 17- North America has pushed Australia out of the top spot for new Asian investment in gas development, with most of the supply from existing Australian projects sold off and buyers hunting for cheaper fuel, industry executives said this week.
The "Fast Money" traders share their final trades of the day.