Stocks rose Friday amid enthusiasm for Alibaba's market debut and relief over voting in Scotland.» Read More
NEW YORK, Sept 18- Shares in energy companies were trading lower on Thursday, as a rise in the U.S. dollar and demand concerns sent oil prices lower. Brent crude was down 1.4 percent to $97.55 while U.S. crude lost 1.1 percent to $93.38. Chevron Corp, down 0.4 percent to $124.24 and Exxon Mobil, down 0.3 percent to $96.77, were the two biggest drags on the Dow Industrials.
PITTSBURGH— Chevron has become the first energy company to meet a new set of voluntary shale gas drilling standards that aim to go beyond existing state laws in Pennsylvania, Ohio and West Virginia, the Pittsburgh- based Center for Sustainable Shale announced Thursday.
MINNEAPOLIS, Sept 18- A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp's reputation as a top-notch operator of profitable energy projects around the world.
Some of Tuesday's midday movers:
BEIJING— The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday. The find by CNOOC's two-year-old, $1 billion deep sea rig is about 150 kilometers south of China's southernmost island of Hainan.
Sept 15- ConocoPhillips, the largest U.S. independent oil and gas company, is preparing to auction its 24 percent stake in the Clair oilfield in the United Kingdom, the Financial Times reported on Monday. The oilfield has an estimated 8 billion barrels of oil, making it the largest hydrocarbon resource in Europe, according to oil major BP Plc's website.
U.S. stocks mostly held steady on Monday, but the Nasdaq Composite and technology shares fell.
Sept 15- Chevron Corp said Monday a blast on a natural gas gathering pipeline into the Henry Hub supply hub in Louisiana on Saturday that killed one worker interrupted "minimal gas production." Chevron said workers were performing routine maintenance on a Chevron Midstream Pipeline gas gathering line in offshore Louisiana waters when the accident occurred.
U.S. stocks closed down on Friday, breaking five weeks of consecutive gains as investors awaited the Federal Reserve's announcement next Wednesday.
NEW YORK, Sept 12- U.S. stocks fell on Friday, with major indexes on track to snap five-week winning streaks, as energy shares again led the market down. Exxon Mobil fell 1.2 percent to $95.85 while Chevron Corp was down 0.9 percent at $122.67.
Stocks cut losses to close mixed on Thursday as geopolitical tensions lingered ahead of consumer data.
Take a look at some of Thursday's midday movers:
Some of Wednesday's midday movers:
NEW YORK— U.S. stocks broke two days of losses on Wednesday as a jump in Apple shares helped push indexes higher. "The economy is getting better, and that worries people," said John Manley, chief equity strategist at Wells Fargo Funds Management. EBay fell 3 percent over fears its PayPal division will lose business to Apple's new payment system.
Some of Tuesday's midday movers:
Stocks slipped Monday after a fifth week of gains lifted the S&P 500 to a record, with the Dow industrials close behind.
Scottish independence: The new worry for equities. It has driven the pound down against the dollar.
Stocks erased record-setting gains Thursday, as cheer over the European Central Bank's unexpected rate cut faded.
The massive 2010 spill in the U.S. Gulf Coast was a result of "gross negligence and reckless" conduct by BP and other oil producers, a court ruled.
U.S. stocks closed mixed on Wednesday, coming off morning highs amid economic reports and central bank news.