A climate fund offered to European investors by HSBC, the HSBC GIF Global Equity Climate Change fund, holds stock in U.S. oil producer and refiner Chevron Corp, South African energy company SASOL Ltd and British oil and gas producer BG Group Plc. "It is not so much about avoiding companies that are carbon emitters, but about investing in companies that have sought to...» Read More
Volatility in the oil markets continue, with prices set to plunge over the holidays, says John Kilduff. Here's why crude could fall to $30 a barrel.
Nymex oil may have a prolonged sideways consolidation between $38 and $48 but charts suggest that, long-term, it has further to fall.
OIL DRILLERS CUT RIGS FOR AN 11 TH WEEK IN LAST 12 ON WEAK CRUDE PRICES- BAKER HUGHES.
OIL DRILLERS ADD RIGS FOR FIRST WEEK IN 11 DESPITE LOWER CRUDE PRICES- BAKER HUGHES.
There are great benefits to developing the Arctic's amazing wealth of resources, if done carefully, according to Iceland's president.
The world's largest exporter will keep pumping oil to maintain global market share.
While some might see crude oil falling to $30 or less, I think market sentiment may be starting to change, says Andy Lipow. Here's why.
Hans Jakob Hegge, CFO of Statoil, says his company is still investing in a range of projects despite low oil prices.
*Baker Hughes data shows 9th weekly decline in U.S. oil rig count. NEW YORK, Oct 30- Oil prices rose on Friday, finishing higher for the week and month as well, after another decline in the U.S. oil rig count indicated domestic crude production could fall in coming months. U.S. oil drillers removed 16 rigs in the week ended Oct. 30, bringing the total rig count down to 578, the...
*Baker Hughes data shows 9th weekly drop in U.S. oil rig count. Brent, the global benchmark for oil, was up 60 cents, or 1.2 percent, at $49.40 a barrel by 1:11 p.m. EDT. U.S. oil drillers removed 16 rigs in the week ended Oct. 30, bringing the total rig count down to 578, the least since June 2010, oil services company Baker Hughes Inc said in its closely followed report.
Marina Petroleka, head of energy & infrastructure research at BMI Research, says oil companies are adjusting their expectations as a persistent oil surplus will continue to suppress prices.
Midstream oil and gas dealmaking reached $63.5 billion in the third quarter, driven by megadeals worth $1 billion or more.
Continued demand growth and falling production next year may end a protracted slump in energy prices, John Hess says.
"Schlumberger basically just lowered the boom," CNBC's Jim Cramer said.
Oil prices were rising in early Asian trading on Monday after U.S. drillers cut oil rigs for six straight weeks.
OIL DRILLERS CUT RIGS FOR A 6 TH WEEK IN A ROW DESPITE RISING CRUDE PRICES- BAKER HUGHES.
Oil inventories appear set to balance for the first time in eight quarters, and natural gas could surge 40 percent, Francisco Blanch said.
St. Gregory's University in Oklahoma owns and leases out 800 properties to oil and gas firms, despite Pope Francis’ call to arms against fossil fuel.
Royal Dutch Shell abandoned an Arctic drilling campaign off the coast of Alaska and is preparing to take billions of dollars in writedowns.
SAO PAULO, Sept 24- Transocean Ltd., a top offshore drilling company, has been mentioned in testimony in a corruption investigation focused on Brazil's state-run oil firm Petroleo Brasileiro SA, Brazilian court documents showed. According to court documents made public this week, Musa told prosecutors he began receiving payments in 2012 after Transocean won...