China has urged its big three energy producers to boost gas imports and output after an ongoing shortfall during an unusually early cold ...
The OPEC oil exporting group is likely to maintain its production levels when cartel ministers meet in Luanda, Angola December 22, the Algerian ...
Halliburton says Mexican customer reduces activity; 4Q profit to be lower by 2 cents a share Halliburton Co., which provides services for the energy industry, said Tuesday that reduced activity by major Mexican customer Petroleos Mexicanos — Pemex — will drag down ...
Fortuna to let NY landowners out of natural gas leases under agreement with attorney general A natural gas drilling company has agreed to renegotiate the terms of its leases with New York landowners as part of a settlement with the state. Attorney ...
WASHINGTON (Reuters) - Interior Secretary Ken Salazar on Tuesday fired back at critics who claim he's not supportive enough of domestic energy production, saying their accusations have the same "poison and substance of election-year politics." Energy groups have said the current administration ...
Nigeria's 2010 budget will be based on an oil price of 57 dollars per barrel and oil production of 2.088 million barrels per day, President Umaru Yar'Adua said in a budget statement Tuesday to parliament. "The 2010 budget is predicated on the ...
LONDON/NEW YORK (Reuters) - Growing world oil use will likely outpace the rate of new supplies in 2010, eroding the huge stockpiles of crude which have mounted around the world since the start of the global economic crisis. According to a Reuters ...
World oil prices diverged within a narrow range on Tuesday on lingering concerns about weak energy demand. New York's main contract, light sweet crude for January delivery, rose 28 cents to 77.74 dollars a barrel. Brent North Sea crude for January delivery ...
Oil prices fell slightly on Tuesday amid lingering concerns about weak energy demand. New York's main contract, light sweet crude for January delivery, eased 19 cents to 77.37 dollars a barrel. Brent North Sea crude for January delivery dipped seven cents to ...
Oil prices rose sharply on Monday as a weaker dollar helped boost demand for commodities, analysts said. New York's main contract, light sweet crude for January delivery, advanced 1.86 dollars to 79.33 dollars a barrel. The December contract had expired at 76.72 ...
Smith says it sold 28M shares at $26.50 per share, proceeds will be used to pay back debt Oilfield services company Smith International Inc. said Monday it sold 28 million new shares of stock at $26.50 per share. Smith announced the public ...
BJ Services posts 4Q loss, steep revenue drop as drilling declines Oil services company BJ Services Co. said Monday it posted a fiscal fourth-quarter loss as drilling plunged. The Houston company lost $9.9 million, or 3 cents per share, compared with a ...
