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FACTBOX-N.American natgas firms cut output, capex amid low prices
ReutersFeb 17 (Reuters) - North American natural gas producers are slowing operations as record-high output and the mildest winter in years have pushed U.S. gas prices to 10-year lows. Through a mix of production shut-ins and slower drilling, some companies...Tags: Talisman Energy Incorporated, ConocoPhillips, Energy Resources, Companies and Corporations, Petroleum Industry
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France's Total expects production to rise this year as oil price gives it a Q4 profit boost
PARIS (AP) — French oil company Total SA forecast higher production this year while revealing Friday that higher oil prices helped it post a 12.8 percent rise in fourth quarter profits despite a drop in output. France's largest company by market...Tags: BP Plc, Earnings Forecasts, France, Upstream Oil and Gas Activities, Gulf of Mexico Oil Spill (2010)
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Debate continues on Big Oil's big profits
The five so-called "super major" oil companies -- Exxon Mobil, Royal Dutch Shell, ConocoPhillips, Chevron and BP-- have just wrapped up their fourth quarter earnings reports, but not without inspiring disdain over how they made those billions in profits...Tags: BP Plc, Pension and Welfare, American Petroleum, Upstream Oil and Gas Activities, Chevron Corp.
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UPDATE 1-Total Q4 net rises 7 pct, hikes exploration budget
Reuters* Q4 underlying net income 2.73 bln euros; f/cast 2.56 bln * Q4 production unchanged at 2.38 mln boepd * Aiming for annual average spend of $23 bln in 2012-2014 (Adds detail) PARIS, Feb 10 (Reuters) - French oil giant Total followed its peers on...Tags: BP Plc, Energy Resources, Petroleum Industry, Investments, Earnings
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EXCLUSIVE-Oil legend Andy Hall suffers first loss since 1990s
Reuters* Hall's $5 bln hedge fund down 3.8 pct, still beating peers * Phibro's No. 2 oil trader McAvity retires after 26 years By Barani Krishnan, Jonathan Leff and Braden Reddall NEW YORK, Feb 9 (Reuters) - Andrew Hall, the legendary trader who rode oil's...Tags: Morgan Stanley Dean Witter & Company, BP Plc, Global Expansion, Annual Reports, Upstream Oil and Gas Activities
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INTERVIEW-Iraq sets new condition for Exxon on Kurdistan
ReutersBy Peg Mackey BAGHDAD, Feb 9 (Reuters) - Exxon Mobil can keep developing Iraq's supergiant West Qurna-1 oilfield, provided it freezes a plan to move into semi-autonomous Kurdistan that has fanned tensions between Baghdad and Arbil, a senior Iraqi oil...Tags: BP Plc, Baghdad (Iraq), Energy Resources, Wage Contract Issues, Iraq
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Shell reopens pipeline hit by thieves in Nigeria oil-rich delta, force majeure still in place
LAGOS, Nigeria (AP) — Royal Dutch Shell PLC says it has reopened a pipeline after fixing a leak blamed on oil thieves in Nigeria's oil-rich southern delta. Spokesman Precious Okolobo told the Associated Press that Shell's Nigerian subsidiary...Tags: Upstream Oil and Gas Activities, Criminals, Nigeria
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Chevron Corp.'s production drop shows challenges oil companies face to meet global demand
AP Energy WriterNEW YORK (AP) — Satisfying the world's growing energy appetite isn't easy. Chevron Corp., which has spent more than $20 billion a year since 2007 scouring the globe for new resources, said Friday that it is struggling to produce more oil and...Tags: Energy Resources, Upstream Oil and Gas Activities, Chevron Corp., Tropical Storms, ConocoPhillips
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Shell sells 20 percent interest in British Columbia shale lands to PetroChina
CALGARY, Alberta (AP) — PetroChina is buying part of Royal Dutch Shell PLC's shale gas lands in northeastern British Columbia, the latest in a series of investments state-owned Chinese companies have made in Canada's energy sector. Peter Voser, CEO...Tags: PetroChina Company Limited, Natural Gas, Energy Resources, Companies and Corporations, Petroleum Industry
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Exxon Mobil profit rises 2 percent as higher oil price makes up for drop in production
AP Energy WriterNEW YORK (AP) — Exxon Mobil Corp.'s fourth-quarter profit rose 2 percent as higher oil prices made up for a drop in production. Benchmark crude prices rose 10.3 percent in the final three months of 2011. That helped Exxon post net income of $9.4...Tags: Energy Resources, Earnings Forecasts, Chevron Corp., Commodity Markets, ConocoPhillips
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W.Va. Legislature passes 'cracker' plant tax break
Associated PressSpurred by the prospect of thousands of jobs, West Virginia would slash property taxes for 25 years in exchange for the construction of a chemical plant tied to the region’s Marcellus shale industry, under fast-tracked legislation passed Wednesday...Tags: Synthetics and Plastics, Energy Resources, Natural Resources, Companies and Corporations, Netherlands
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Keystone oil sands pipeline rejected
CNNMoneyThe Obama administration rejected a bid to expand the controversial Keystone oil sands pipeline Wednesday, saying the deadline imposed by congress did not leave sufficient time to conduct the necessary review. "The Department does not have sufficient...Tags: BP Plc, Environmental Pollution, Republican Party, Manufacturing and Engineering, Natural Resources
Feb 17, 2012
|Story| Reuters
Feb 10, 2012
|Story| Associated Press
Feb 7, 2012
|Story| Los Angeles Times
Feb 9, 2012
|Story| Reuters
Feb 9, 2012
|Story| Reuters
Feb 9, 2012
|Story| Reuters
Jan 27, 2012
|Story| AP Broadcast
Jan 27, 2012
|Story| Associated Press
Feb 2, 2012
|Story| Associated Press
Jan 31, 2012
|Story| Associated Press
Jan 25, 2012
|Story| AP Member Choice Limited
Jan 18, 2012
|Story| KIAH-LTV
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