Latest news on ‘Oil & Gas Secondary’
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Gas Fracking Poses Serious Environmental Risks
Bloomberg – Natural-gas companies risk causing serious environmental damage from hydraulic fracturing unless they commit to the best engineering practices, a task force named by Energy Secretary Steven Chu concluded.
Regulations [...] -
Oil and Gas Stocks Have Hit Bottom
Barrons – The technicals are giving a green light once again to the temporarily depressed energy stock sector.
The past month has been tough for crude oil and its related stocks. [...] -
Energy firms seen as M&A targets
LOS ANGELES (AP) — Shares in energy companies involved in oil and natural gas services fell on Monday after an analyst said the sector is ripe for continuing consolidation.
Mergers and [...] -
Halliburton Fails to Give Gas-Drilling Data, EPA Says
Bloomberg – Halliburton Co., the second-largest oilfield-services company, was subpoenaed by the U.S. Environmental Protection Agency after failing to provide requested information on hydraulic fracturing.
Halliburton was the only one of [...] -
Natural gas elbows its way to center stage
NEW YORK (AP) — By unlocking decades’ worth of natural-gas deposits deep underground across the United States, drillers have ensured that natural gas will be cheap and plentiful for the [...]
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Petrobras Peru Gas Find May Double Foreign Reserves
Bloomberg – Petroleo Brasileiro SA said a discovery in Peru may hold 1.7 trillion cubic feet of recoverable natural gas, enough to more than double the company’s foreign reserves of [...]
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NiSource – 52 Week High
Shares of NiSource, Inc. (NYSE:NI) booked a new 52 week high today by trading above $17.16, traders are definitely monitoring NiSource’s price action to see if this move attracts further [...]
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Natural gas heads for weekly loss; gasoline futures advance
SAN FRANCISCO (MarketWatch) – Crude-oil futures rose Friday, tracking narrow gains in U.S. stocks and buoyed by growth in wholesales inventories that met expectations.
Crude for August delivery added 69 cents [...] -
Stocks Gain on Energy Rally
By KRISTINA PETERSON – U.S. stocks climbed as the energy sector rallied and strengthening home sales helped boost sentiment.
The Dow Jones Industrial Average rose 113 points, or 1.10%, to 10137, [...] -
Halliburton net income falls 46%, sees better margins
Halliburton said earnings fell to $206 million, or 23 cents a share, from $378 million, or 42 cents a share, in the year-ago period.
The oil service giant’s adjusted net income [...]
