Fears of a bursting dividend bubble are overdone, as dividend stocks are only "extended," say fund managers.» Read More
Analysts Iain Reid, Brendan Warn, Laura Loppacher, Matthew Lambourne and Daniela Almeida said in their note that major oils have been a poor investment in recent years, underperforming the S&P as a group by as much as 24 percent since the beginning of 2012. They said the performance in 2013 has again been poor, underperforming the S&P 500 by 11 percent thus far this year.
PARIS/ NEW YORK, May 29- Total SA agreed to pay $398.2 million to settle U.S. criminal and civil allegations that it paid bribes to win oil and gas contracts in Iran, and a French prosecutor has recommended that the company and its chief executive be brought to trial.
*BG Group, OGX, Total, BP among winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received serious interest from private investors.
*BG Group, OGX, Total, BP among big winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received a jolt of serious interest from private investors.
RIO DE JANEIRO, May 14- Brazil's first auction for oil and gas rights in five years attracted a record amount of money on Tuesday, alleviating fears that government intervention and growth in new global supplies might dampen enthusiasm for the country's oil sector.
RIO DE JANEIRO, May 14- Global energy companies were strong bidders on Tuesday at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies might crimp enthusiasm for the South American country's oil sector.
RIO DE JANEIRO, May 14- Global energy companies showed strong interest early on Tuesday at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies might crimp enthusiasm over the South American country's oil sector.
*Canada fears oil exports could be harmed by EU plan. *Canada sits on world's third largest oil reserves. OTTAWA, May 5- A European Union plan to label crude from the Alberta oil sands as dirty is unfair and could damage Canada's bid to find new export markets, the Canadian resources minister said at the start of a mission to lobby against the idea.
May 2- SunPower Corp, which makes solar panels and builds projects with them, on Thursday posted better-than-expected quarterly results due to strong demand for solar energy in North America and Japan, sending its shares up more than 17 percent.
CALGARY, Alberta, April 30- Shares of Suncor Energy Inc jumped nearly 5 percent on Tuesday after Canada's largest oil and gas producer took steps to increase returns to shareholders and reported first-quarter earnings that surpassed expectations.
European shares closed lower on Wednesday on worries about slowing growth and rumors of a credit downgrade for Germany curbing investor sentiment.
Brent crude oil sank to a nine-month low on Monday, after bleak Chinese and U.S. data stoked worries of a slowdown in economic growth in the world's top oil consumers.
TOKYO, April 12- Japan's Nikkei share average is likely to hold near five-year highs on Friday, underpinned by ongoing optimism about the economic outlook on the back of bold government and central bank policies, but the pace of gains may slow given the steep rise in the past week.
BANGKOK, April 4- The annual maintenance shutdown of gas fields in Myanmar doesn't normally make headlines in Thailand, but this year shows the failure of Thai electricity generation to keep up with economic growth.
*Total and Suncor re-evaluating Fort Hills, Joslyn projects.
WASHINGTON, March 27- Oil companies are largely escaping the close scrutiny of derivatives trading they once warned would harm their business and are seeking further delays from U.S. regulators. BP Plc has told the Commodity Futures Trading Commission it would register, one of the two people said, but probably not for several more months.
Oil traded mixed on Wednesday, but expectations of steady global consumption growth held Brent crude above $109 a barrel.
First Solar beat on earnings but its revenue and outlook fell short. Shares tumbled after-hours.
Something quite extraordinary has been happening over the last three months: Solar stocks are back, reports one TheStreet.com contributor.
U.S. stock index futures held their gains Wednesday following a pair of economic reports, a day after the Dow and S&P 500 closed at multi-year highs.