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Smart Money Moves Back into Energy, But Carefully
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Tuesday, January 06, 2009 - A pair of deals by Oklahoma billionaire George B. Kaiser, widely considered one of the country's savviest energy investors, could be an early sign that after a massive selloff, the smart money is getting back into the oil industry.
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Petrobras to Restart Jubarte Production Wednesday
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Tuesday, January 06, 2009 - Brazilian energy giant Petrobras is expected to restart production Wednesday from the P-34 platform, which was shut-in after a fatal accident claimed the life of one worker and injured two others.
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OPEC Cuts Biting Into Oil Cos' Output Growth Areas
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Tuesday, January 06, 2009 - Oil majors that derive a large part of their income from production from OPEC countries are finding the cartel's production cuts are hampering growth prospects in some of the most promising geographical areas.
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Crude Hits One-Month Highs on Gas Spat Jitters
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Tuesday, January 06, 2009 - Crude oil futures climbed more than $2 to above the psychologically important $50 a barrel Tuesday, spurred by concerns that a reduction in Russian natural gas flows to Europe could spark an increased demand for oil.
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Chesapeake Energy Defies Skeptics
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Tuesday, January 06, 2009 - Chesapeake capped a busy 2008 with the $412 million sale of natural-gas production in Oklahoma and Arkansas, proving to skeptics that the company knows how to get a deal done. Total value of Cheasapeake's deals for 2008 is roughly $12 billion.
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| Gazprom Says Ukraine Blocked 3 Key Pipes to Europe [1/6/2009] |
| more Industry Headlines articles >> |
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| Clayton Williams Abandons Louisiana Well, Continues Drilling in Texas [1/7/2009] |
| Gold Oil, Partners to Commence Testing Colombian Well Jan. 12 [1/7/2009] |
| St. Mary Increases Sweetie Peck Position in West Texas Tight Oil Program [1/7/2009] |
| more Exploration articles >> |
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| Goodrich Completes 2 Horizontal Wells, Sees Combined Flow of 21.5 MMcf/d [1/6/2009] |
| more Production articles >> |
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PanTerra Issues Stock Options Grant
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Tuesday, January 06, 2009 - PanTerra has granted 1,920,000 incentive stock options to the officers, directors and employees of the company.
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| Result Energy Closes $2.6 MM Private Placement [1/5/2009] |
| more Finance and Investing articles >> |
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| SeaBird's Vessel Utilization Flies Low in Fourth Quarter, Down 83% for '08 [1/7/2009] |
| Alliance to Provide Engineering Services for Williams Pipeline Projects [1/6/2009] |
| more Company Operations articles >> |
