Latest news on ‘Oil & Gas’
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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 [...] -
North American Energy Q2 profit nearly halves
Reuters – Canada’s North American Energy Partners Inc (NOA.TO) (NOA.N), which provides resource services to oil and gas companies, posted a 44 percent drop in quarterly profit, hurt by wet [...]
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Exxon Mobil 3Q income jumps 55 percent
NEW YORK (AP) – Exxon Mobil Corp.’s third-quarter income jumped 55 percent thanks to higher oil prices and increased production.
The world’s largest publicly traded oil company on Thursday reported earnings [...] -
OIL FUTURES: Nymex Crude Retreats Following US Inventory Data
NEW YORK (Dow Jones)–Crude oil futures retreated from early gains Thursday, trading near flat as falling U.S. demand for crude and fuel trumped support from a weakening dollar.
Light, sweet crude [...] -
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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Oil rises above $75 as stock markets advance
By ALEX KENNEDY, Associated Press Writer
SINGAPORE – Oil prices rose above $75 a barrel Friday in Asia as regional stock markets rose and investors looked to U.S. economic indicators for [...] -
Oil Drops on Economic News; Oil Supplies Decline
Oil prices fell below $76 a barrel Wednesday as the latest economic data showed the economy was still in low gear and demand for oil and gas was likely to [...]
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Offshore Oil Platform in the Gulf of Mexico Explodes
NEW ORLEANS — An offshore oil platform exploded in the Gulf of Mexico on Thursday morning, injuring one worker, the United States Coast Guard said.
The platform, which was owned by [...] -
Crude Oil Heads for First Monthly Slide Since May on Slowing Global Growth
Bloomberg – Oil tumbled the most in eight weeks as business activity in the U.S. expanded in August at the slowest rate this year, signaling that the economic recovery is [...]
