Energy
BP plc NYSE:BP Announces USD 8-B Share Repurchase
BP plc NYSE:BP Announces USD 8-B Share Repurchase British Oil giant BP said Friday that it intends to carry out a share repurchase program with a total value of up to 8 billion U.S. dollars, following the completion of the sale of BP’s 50% interest in TNK-BP to Rosneft in Russia. The announced repurchase, also [...]
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Firstly, start using the tools of professionals, we offer a free 30 Day trial download Thomson Reuters latest product that will start you on the way, Thomson Reuters Latest Charting and News Technology, Runs on Your Desktop and your iPad The first information that new traders should learn are the basics of trading. A good [...]
Saudi Arabia Oil and Gas Update
Oil and energy sector in the region is a major contributor to the economies of the GCC and remains an opportune source for investments, said Saudi Arabian General Investment Authority (SAGIA) Gov. Abdullatif Al-Othman. Speaking at the Middle East Oil & Gas Show and Conference in Bahrain, Al-Othman said: “Today our industry commands respect and [...]
Companies to Benefit from Keystone Pipeline Approval
Companies to Benefit from Keystone Pipeline Approval TRP, CNQ, COP, DE, XOM, LYB, PWR, VLO The saga that is the construction of TransCanada Corp. (NYSE: TRP) Keystone XL pipeline may be coming to an end. Designed to transport Crude Oil from the Athabasca oil sands in Canada to refineries in the United States, the project [...]
Thailand Oil and Gas Outlook PTT, PTTEP
Thailand Oil and Gas Outlook PTT, PTTEP Thailand is a net importer of oil and natural gas, although the country is a growing producer of natural gas. Thailand has limited domestic oil production and reserves, and imports make up a significant portion of the country’s oil consumption. Thailand holds large proven reserves of natural gas, [...]
BP NYSE:BP Rethinking North African Expansion
BP NYSE:BP Rethinking North African Expansion BP plc to reconsider further Nat Gas exploration in North Africa as a result of the hostage crisis at the Algerian Nat Gas facility that it jointly operates, the Independent on Sunday reports, citing unnamed industry sources. While it is unlikely that BP will scale back operations in Algeria, [...]
LNG as a Marine Fuel
80% Believe There is a Business Case for LNG as a Marine Fuel – Reveals New Industry Report on LNG Bunkering Trends 2013 and Beyond With the ECA regulations on fossil fuel emissions coming into effect in 2015, the world of shipping has turned to liquefied natural gas (LNG) as a greener, cleaner alternative to [...]
CNOOC NYSE:CEO $15.1-B purchase of Nexen NYSE:NXY
CNOOC NYSE:CEO $15.1-B purchase of Nexen NYSE:NXY Canadian regulators late Friday approved China National Offshore Oil Corp’s $15.1-B purchase of Calgary-based Nexen Inc, which explores western Canada’s Oil-rich tar sands and operates production rigs in the North Sea, the Gulf of Mexico and Nigerian waters. CNOOC, China’s biggest offshore Crude Oil producer, announced the planned [...]
IEA sees a rise in Crude Oil supply
IEA sees a rise in Crude Oil supply The International Energy Agency (IEA) Friday expected rising Crude Oil supply in the next 5 yrs driven by increased production capacity in the United States and Iraq. It added that demand risks still challenge the Crude Oil market. In its annual medium-term oil market report, the IEA [...]
Austerity Was Not the Answer
Hardly nice while it lasted, austerity is running out of friends fast… IT’S A COMMON MYTH that the Labour government in power when the Great Depression went global in 1931 was forced to resign by a banker’s ramp, writes Adrian Ash at BullionVault. The British prime minister, Ramsay Macdonald, denied it at the time. Close [...]
Gold, Silver and Oil Price Outlook
The Overall Fundamentals Friday the financial markets charged North after Fed Chairman Ben Bernanke’s speech in the Jackson Hole Symposium. Mr. Bernanke did not say whether QE-3 will be announced in September, his speech was “Dovish” enough to indicate that further easing would be implemented later this year. Throughout the week, Crude Oil prices softened, both WTI and [...]
China’s Oil Demand Rebounds
China’s apparent oil demand* rose 2.4% year on year in July to 38.92 million metric tons (mt), or an average 9.2 million barrels per day (b/d), a just-released Platts analysis of recent Chinese government data showed. This is a rebound from June’s first monthly contraction in more than three years. In June, demand fell 1.9% [...]
Oil Shale: Game changer for China?
Oil Shale: Game changer for China? PTR, HES Changbai Mountain Range in northeast China according to oil developers has massive oil shale reserves. Oil shale is a sedimentary rock that contains shale oil, considered a substitute for conventional crude oil. It can be refined into gasoline, kerosene, jet fuel and diesel fuel. With China expected [...]
Southern Company (NYSE:SO) and Ted Turner Acquire Second Solar Power Project
June 29, 2012. — Southern Company (NYSE: SO) Chairman, President and CEO Thomas A. Fanning and Turner Renewable Energy founder Ted Turner today announced that the companies have acquired and will bring on line a 20 megawatt solar photovoltaic power plant in Nevada. The Apex Solar Project was acquired from and was built by SunEdison, [...]
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China Economy in for a Shock
Thursday’s PMI revived investor worries about whether China can sustain an economic revival this year, after annual growth slumped to a 13-year trough in 2012. China’s factory output and investment performance for April released earlier …
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UAE Economy Seeing a Spring Boom
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Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
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The Hot List
Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)
Enviro-Serv Inc (OTCMKTS:EVSV)
EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …
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