But away from the bad-tempered litigation in U.S. courts, which has dominated the news about Argentina for months, the country is experiencing an oil drilling boom as international companies seek to cash on its huge shale resources.
LONDON, June 11- Start-of-the-art American fracking technology is coming to China's vast shale deposits as a result of a joint venture between FTS International and Sinopec announced on Tuesday. Since 2012, it has concluded joint ventures with local partners in Brazil as well as Saudi Arabia and Oman.
Some wonder whether Wall Street and Big Oil are to blame for the high price of gasoline. The answer is yes...and no.
As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.
April 24- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected adjusted profit as the company cut costs and secured higher rates for its upgraded fleet.
April 24- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 17 percent drop in quarterly profit as demand fell for rigs used in deep water drilling. Diamond Offshore, whose competitors include Ensco Plc, Transocean Ltd and Helmerich& Payne Inc, has two rigs due for delivery in 2014 but has yet to land contracts for them.
The U.S. energy renaissance has coincided with a boom in energy-related stocks, one that investors are starting to notice.
U.S. stock index futures pointed to a mixed open on Wall Street on Thursday following dovish remarks from U.S. Federal Reserve Vice Chair Janet Yellen.
Some of the names on the move ahead of the open.
Chart analyses suggest a clear direction in the S&P 500, energy and gold, Chris Verrone of Strategas says.
Three-early cycle sectors offer stocks with growth potential, Peter Sorrentino of Huntington Asset Advisor says.
Take a look at some of Wednesday's midday movers:
Stocks struggled to hold their gains Monday, as investors remained reluctant to jump in amid ongoing "fiscal cliff" negotiations.
What stocks might the father of value investing, Benjamin Graham, like today? TheStreet.com reports.
*Global hunter raises Baker Hughes Inc price target to $49 from $42. *Global hunter raises Ensco PLC price target to $69 from $67. *Global hunter cuts Flotek Industries Inc price target to $16 from $18.
*Jefferies raises Atwood Oceanics Inc price target to $58 from $56;. *Jefferies cuts Basic Energy Services Inc price target to $10 from. *Jefferies cuts Precision Drilling Corp price target to $10 from $11;.
Microsoft’s launch of its first-ever computer, in the form of a tablet called ‘Surface’, marks a major shift by the tech giant into the hardware space, as it seeks to replicate the success enjoyed by rival Apple, technology analysts tell CNBC.
“Fundamentally, the market belongs much lower, but everybody thinks the Fed’s extending Operation Twist or will pull something else out of its hat,” says market strategist Peter Boockvar.
Technology stocks landed front and center on Thursday. Although Goldman Sachs warned investors to be cautious of the space, the Fast pros see plenty of opportunity.
Reshaping a time-worn narrative isn't easy. Social revolutions rarely are, especially when you're a woman trying to break into the boys' club that is Silicon Valley. But an emerging class of early-stage tech start-up executives is helping dispel the notion that there isn't a leading role for them in the male-dominated valley.