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HOUSTON, Nov 16 (Reuters) - Offshore oil drilling and service companies, hurt by the energy industry's shift to lower-cost shale and away from deepwater projects, are dominating the year's energy bankruptcies in North America, according to law firm...
HOUSTON, Nov 16- Offshore oil drilling and service companies, hurt by the energy industry's shift to lower-cost shale and away from deepwater projects, are dominating the year's energy bankruptcies in North America, according to law firm...
After five consecutive daily losses on the MSCI world stock index and seven straight falls in Europe, there was finally a bounce, as investors returned to global equity markets in an optimistic mood on Thursday, sending US futures higher after...
U.K. stocks rise for the first time in six sessions on Thursday, boosted by a rebound in oil prices and taking inspiration from an upbeat day in Asia.
The company rebounded above $18 after a two-day slide that included its worst trading day since 2009.
Having spent last week trading sideways, WTI Oil is finally turning over in favor of the bears. As of writing, the front-month contract is trading at 20 cents or 0.30 percent lower at $56.62/barrel. read more
ACCRA, Nov 13 (Reuters) - Ghana has opened talks with Exxon Mobil Corp to allow the U.S. oil firm to undertake deepwater exploration off its coast, a deputy energy minister said on Monday.
ACCRA, Nov 13 (Reuters) - Ghana has opened talks with Exxon Mobil Corp to allow the U.S. oil firm to undertake deepwater exploration off the West African nation's coast, a deputy energy minister said on Monday.
A few comments from Steven Kopits of Princeton Energy Advisors LLC on Nov 10, 2017:• Rigs counts rebounded sharply this week, essentially reversing last week’s losses• Total US oil rigs were up +9 to 738• Horizontal oil rigs rose, +11 to 637,...
Tracking the lagged rebound in WTI prices, the US oil rig count rose by 9 this week - the biggest weekly rise since June. And with production at record highs, we suspect OPEC will need to jawbone some more... And total US Crude...
• USD rebound a bit on rising US bond yields. • Remains below 1.1675 broken support turned key hurdle. The EUR/USD pair finally broke down o
Nov 9 (Reuters) - French steel pipe maker Vallourec raised its 2017 financial guidance on Thursday for the second time since July, after higher oil and gas revenue in the United States and cost cutting helped it swing to a core profit in the third...
Oil prices are finally on the rise again after two years in the dumps. Those low prices led to a build up of US crude, which were quickly depleted by Hurricane Harvey's devastation in Houston Foreign refineries are scrambling to book...
Oil prices have finally started to gain a foothold, but the first quarter could prove a “make or break” period.
PORT HARCOURT, Nigeria (Reuters) - Nearly a decade after two catastrophic oil spills in the Niger Delta, a comprehensive clean-up has finally been launched in the southern Nigerian region.
• Once again manages to rebound from the 1.2700 handle. • Resurgent USD demand help offset bullish oil prices. The USD/CAD pair snapped fou
Following an early shaky start, which saw the Hang Seng tumble as much as 1.6% driven by weakness in financials and real estate names following the latest warning by PBOC governor Zhou about "sudden, complex, hidden, contagious, hazardous" risks In...