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
NEW YORK, March 27- Crude oil futures rose on both sides of the Atlantic on Thursday, with U.S. crude up more than $1 to hit a three-week high as strong U.S. economic data and the end of refinery maintenance season signaled strong demand ahead for crude oil.
LONDON, March 27- Brent crude oil rose towards $108 a barrel on Thursday, supported by worries about potential supply disruption due to the possibility of Western sanctions on Russia's energy sector.
*BP wins 24 bids for $41.6 million. HOUSTON, March 19- BP Plc rejoined bidders for exploration and production leases in the Gulf of Mexico on Wednesday and won 24 tracts after the U.S. government lifted a 16- month ban barring the company from new federal contracts.
LONDON, March 18- Murphy Oil is in advanced talks to sell its Milford Haven refinery in Wales to a low-profile private equity fund that will continue operating the struggling plant, sources familiar with the situation said on Tuesday.
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.
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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.