Evercore ISI's Doug Terreson expects all oil majors to do a big deal, starting in the first half of this year.» Read More
The recent leg lower in oil prices is no surprise, and the oil rout will get worse before it gets better, John Hofmeister says.
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...
After years of strong employment gains that outpaced total private sector growth, the energy sector is now the biggest job cutter of 2015.
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...
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...
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.
Anatoli Annenkov, senior European economist at Societe Generale, discusses how financial factors have impacted oil prices.
Chevron earnings fell well below expectations Friday, raising new questions about shareholder returns at a time when oil prices are sliding again.
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.
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.
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.
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.
David Harding, Founder and CEO of Winton Capital Management, discusses how the low oil price is impacting his portfolio.
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.
Sabine Schels, senior director and global commodity strategist at BofA Merrill Lynch Global Research, discusses the bearish, "idiosyncratic" oil market.
Exploration and production firms have issued nearly $9 billion in stock this year, well above recent first-quarter totals.