Oil and Gas Integrated Oil and Gas


  • Roughest quarter for oil coming: Former Shell exec Tuesday, 22 Dec 2015 | 11:32 AM ET
    Oil workers make a pipe connection on a drilling rig near Encinal, Texas.

    The recent leg lower in oil prices is no surprise, and the oil rout will get worse before it gets better, John Hofmeister says.

  • After 100 years in NZ, Shell looks at pulling out Wednesday, 9 Dec 2015 | 9:59 PM ET

    Shell said on Thursday it was reviewing its business interests in New Zealand as it seeks to streamline its portfolio amid a slump in energy prices.

  • ABUJA, Dec 7- Nigeria's government is breaking up an all-encompassing oil bill that has been stuck in parliament for years, replacing it first with a law to overhaul the state sector which aims to close loopholes that bred corruption, according to a draft seen by Reuters. Under the draft legislation, the state oil giant NNPC will be split in two- rather than a series...

  • This industry is the biggest job cutter of 2015 Friday, 4 Dec 2015 | 12:10 PM ET
    A floorhand works on an oil rig in the Bakken shale formation outside Watford City, North Dakota.

    After years of strong employment gains that outpaced total private sector growth, the energy sector is now the biggest job cutter of 2015.

  • $100 oil coming back: Strategist Tuesday, 24 Nov 2015 | 4:00 PM ET
    $100 oil coming back: Strategist

    Emad Mostaque of consulting company Ecstrat makes the case for triple-digit crude in an interview with Mandy Drury.

  • NEW YORK, Nov 10- U.S. oil and gas exploration and production company Anadarko Petroleum Corp has approached Apache Corp with a potential acquisition as low crude oil prices prompt companies to seek merger partners, according to a person familiar with the matter. On Sunday, Bloomberg News reported that Houston, Texas based Apache, which has operations in Egypt,...

  • Oct 30- Husky Energy Inc, Canada's No. 3 integrated oil company, reported a third quarter loss due to after-tax impairment charges of C $3.8 billion on Friday and forecast a gloomy long-term outlook for oil and gas prices. Husky, controlled by Hong Kong billionaire Li Ka- shing, said that in addition to the impairment charges it wrote down C $167 million against...

  • Where are oil prices headed? Friday, 2 Oct 2015 | 7:00 AM ET
    Where are oil prices headed?

    Richard Mallinson, geopolitical analyst at Energy Aspects, explains why more lower prices will help them in the long term.

  • BOSTON, Sept 30- One-in-four U.S. large-cap mutual funds have increased their stakes in energy companies this year and many have suffered heavier losses than their peers as a result of ill-timed bets. BMO's Large-Cap Value Fund boosted it energy exposure to 13 percent from 10 percent at the end of February after buying more shares of ExxonMobil Corp and refiner...

  • Oil may not get the cure it needs: Analyst Monday, 17 Aug 2015 | 7:35 AM ET
    A BP employee uses ultrasound to scan a section of pipe along an oil transit pipeline at Prudhoe Bay oil field on Alaska's North Slope.

    An expected drop in crude prices to $30 to $40 a barrel might not be enough to balance global oil markets, analyst Jamie Webster says.

  • Is the Yuan shaking up oil prices? Friday, 14 Aug 2015 | 4:20 AM ET
    Is the Yuan shaking up oil prices?

    Anatoli Annenkov, senior European economist at Societe Generale, discusses how financial factors have impacted oil prices.

  • Chevron's ugly earnings put focus on oil dividends Friday, 31 Jul 2015 | 2:12 PM ET

    Chevron earnings fell well below expectations Friday, raising new questions about shareholder returns at a time when oil prices are sliding again.

  • Pickens: Saudis bluffing on oil production Thursday, 4 Jun 2015 | 9:04 AM ET
    T. Boone Pickens.

    T. Boone Pickens says Saudi production is topping out at about 10 million barrels per day and oil prices will return to $70 per barrel by year end.

  • Smog over Beijing, China.

    Governments globally charge prices for energy that do not account for its harmful side effects, amounting to a $5.3 trillion subsidy, the IMF said.

  • Are floodgates about to open for Australia M&A? Thursday, 9 Apr 2015 | 12:38 AM ET

    Shell's takeover bid for BG may be a harbinger of more deals for Australia's resources sector, which has taken a body blow from low commodity prices.

  • These could be the next energy buyers and sellers Wednesday, 8 Apr 2015 | 11:49 AM ET

    Exxon could make a deal soon, and targets for oil majors range from U.S. shale producers to distressed mining and resources firms, analysts tell CNBC.

  • Harding: When market turns, we lose money Friday, 27 Mar 2015 | 5:10 AM ET
    Harding: When market turns, we lose money

    David Harding, Founder and CEO of Winton Capital Management, discusses how the low oil price is impacting his portfolio.

  • This analyst has a 'hold' rating on Sinopec Sunday, 22 Mar 2015 | 11:47 PM ET
    This analyst has a 'hold' rating on Sinopec

    Jackson Wong, Associate Director at United Simsen Securities, says Sinopec's stock will trade sideways until the unveiling of restructuring plans, which are likely due this year.

  • Oil prices fall in 'idiosyncratic' market Tuesday, 17 Mar 2015 | 5:00 AM ET
    Oil prices fall in 'idiosyncratic' market

    Sabine Schels, senior director and global commodity strategist at BofA Merrill Lynch Global Research, discusses the bearish, "idiosyncratic" oil market.

  • This signals more oilfield mergers may be coming Monday, 16 Mar 2015 | 2:55 PM ET
    Pumpjacks operate at an oil well in Williston, North Dakota.

    Exploration and production firms have issued nearly $9 billion in stock this year, well above recent first-quarter totals.