As the energy industry gathers for CERAWeek in Houston, the issue of exporting the nation's burgeoning supply of oil will top the global agenda.» Read More
HONG KONG, Feb 14- Murphy Oil Corp is considering selling some of its Asian oil and gas assets in a deal that could fetch up to $3 billion, sources said, as it looks to scale down in the region like some other U.S. energy companies.
HONG KONG, Feb 14- Murphy Oil Corp is considering selling of some of its Asian oil and gas assets in a deal that could fetch up to $3 billion, people familiar with the matter said, as it joins other U.S. energy companies in scaling back from the region.
CALGARY, Alberta, Oct 17- Canadian Oil Sands Ltd said on Thursday no product is being shipped from the Syncrude oil sands project in northern Alberta after a gas pipeline outage on Transcanada Corp's Nova system. "We understand there has been an outage on a natural gas pipeline that feeds into Syncrude.
But as demand from Latin America, the largest buyer of U.S. diesel, stagnates, the excess volume is likely to hit Europe. Gulf to Europe are expected to exceed 2 million tonnes in September, the highest volume on record, according to traders and shipping data. 1/ 2 ID: nL5N0HD3BU 3/ 8.
After reading it, the Mad Money host says he almost fell out of his chair.
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GDP data Wednesday is expected to show a slow-moving, zombie-like economy, as the Fed meets for a second day.
Hedge fund managers and investment gurus have to notify the SEC about their moves every quarter. Investors pore over this data in the belief the big fish have special insight.
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Stocks exit April on a new high, and with the promise of continuing easy money policies, investors could be tempted to rethink the "sell in May and go away" strategy of recent years.
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Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.
Dan Loeb's Third Point was the clear hedge fund standout in a horrible year for the industry as almost nine out of 10 managers underperformed the S&P 500.
A few companies appear likely to dole out payments before year end, the CNBC “Fast Money” pros said Tuesday.
NEW YORK-- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:. Murphy Oil Corp., up $4.74 at $63.74. Murphy Oil is spinning off its retail gasoline business into a separate company to focus on oil exploration and production.
EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy Oil will continue to explore for and produce oil in the U.S., Canada and Malaysia.
EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy will become an independent oil exploration and production company focused on the U.S., Canada and Malaysia.
WASHINGTON, Oct 11- Activist investor fund Third Point has won U.S. antitrust approval to buy an unspecified stake in Murphy Oil Corp, the Federal Trade Commission said on Thursday.
Crude prices will continue to drop, but gas prices won’t because of tight refinery capacity, Strategic Energy Advisors Chairman Tom Petrie said Friday on CNBC.