NEW YORK (Reuters) - Pioneering shale oil producer Continental Resources Inc <CLR.N> has hired veteran oil trader Kirk Kinnear in an effort to claim a share of the bumper profits that have emerged from an unprecedented arbitrage in domestic crude markets.
(Reuters) - U.S. power grid operator PJM said Friday its capacity auction secured a record amount of new generation, demand response and energy efficiency resources for the 2015/2016 delivery year to keep the grid reliable as dozens of coal plants retire.
(Reuters) - Power grid operator PJM said Friday its capacity auction secured a record amount of new generation, demand response and energy efficiency resources for the 2015/2016 delivery year to keep the grid reliable as dozens of coal plants retire.
Wednesday, 2 May 2012 | Source: The Associated Press
Pratt & Whitney expects military and commercial aerospace business will improve, but not for a while, the president of the jet engine manufacturer said Wednesday.
Tuesday, 1 May 2012 | Posted By:
| Source: CNBC.com
Stocks pared their gains in the final hour of trading but still kicked off the first day of May on a positive note, with the Dow hitting its best closing high since December 2007, fueled by a better-than-expected manufacturing report.
The oil and gas company posted higher quarterly earnings, topping Wall Street forecasts as strong crude oil prices offset a weaker performance by its refineries.
Apache's purchase of new drilling acreage and Chesapeake's plans to cut natural gas production highlight the divergence in oil and gas prices that has made stock picking tricky... Read More
East coast consumers could see the return of $4 gasoline before the rest of the country, as another key refinery serving the region plans to shut down.... Read More