(Reuters) - Activist investor Carl Icahn raised his stake in Chesapeake Energy Corp to almost 11 percent even as the company continues to cope with low oil and gas prices. Chesapeake's stock rose 3.8 percent to $14.64 in late trade.Show More Summary
Global oil prices will trade between $35 to $40 per barrel by late June, FACTS Global Energy Group (FGE), an international energy consultancy, said on CNBC on Monday.
Late last year, it came to light that Shell had been warned repeatedly by its own staff that the Trans Niger Pipeline was at significant risk of failure well before a 2008 spill of 500,000 barrels of oil. It was also revealed that Shell...Show More Summary
It was the late 1970s. Following the oil crisis in the wake of the 1973 Yom Kippur war, Japanese automakers were able to go from having a foothold on the west coast to being major players in the domestic American market. In 1976, Honda...Show More Summary
Medium has been burning the midnight oil lately, rolling out product updates in rapid succession. Now here’s the latest: a mobile post editor. Starting today, Medium bloggers can post directly to their page using their phone. The new feature is a part of a larger iOS update, but this is the first time Medium has delved into mobile posting. […]
You could be the best mechanic you know, yet could still make a mistake when tackling the job of changing the oil in your ATV. It’s not uncommon to make errors that will fly under the radar—until it’s too late. Keep these in mind next time you head to the garage for some tinkering. 1. Show More Summary
Offshore drilling stocks surged for once on rising oil prices, but will the move last?
Surging oil prices had a big impact on energy stocks today.
LONDON (Reuters) - U.S. oil output could start to take a hit by late 2015, OPEC said on Monday, suggesting the oil price collapse will take time to impact on the shale oil boom. In a monthly report, the Organization of the Petroleum Exporting Countries (OPEC) left its forecast for non-OPEC supply this year unchanged, but said output of U.S. Show More Summary
Losses in benchmark Brent and U.S. crude oil briefly accelerated in Thursday's late trade as the dollar pared its earlier weakness, weighing on commodities priced in the currency.
Some analysts have described the oil crash of late 2014 as the most important economic event since the financial crisis. In February, Citi's Ed Morse said West Texas Intermediate crude oil prices could fall as low as $20 per barrel from...Show More Summary
Oh, man, I’m in a jam here. Gotta stay up late to finish an article—an article about a Caribbean-American highball known most correctly as the Cuba Libre and most commonly as the rum and Coke. Gonna be burning the midnight oil writing a piece on this classic drink, which became a classic despite not being especially good. Show More Summary
If you drive a Tesla, Leaf or a Volt, you may not have been to a gas pump lately. For the rest of us you’re probably wondering how in the Hell did he get it so wrong! There are some pretty amazing things happening in the oil industry,...Show More Summary
Wake of the Flood, 9x12 oil plein airby Michael Chesley Johnson Above is a painting I made yesterday after three days of late winter rains caused Oak Creek to flood. The sun came out, the water receded, and the birds began to sing again. Show More Summary
Egypt aimed to fully repay its $3.1 billion (R36.2bn) debt to foreign oil and gas companies by the middle of next year, around a year later than previously indicated, the oil ministry said this week. ||| Egypt aimed to fully repay its...Show More Summary
Two trash and recycling companies are expanding into oil field waste removal. Is it buying at the lows, late to the party, or preparing for the future?
Fear blew in fierce over a patch of West Texas late last year, falling fast and without warning through gray skies to alight on the shoulders of men and women who depend on oil for their livelihoods.
The price of oil in global markets has plunged by nearly 45 percent over the past six months. As a result, the price of a gallon of regular gasoline in the U.S. dropped from $3.68 in June to $2.37 in late December. In June, the U.S.Show More Summary
By Rania El Gamal and Angus McDowall RIYADH (Reuters) - Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed. Show More Summary
Rachel Maddow and Wall Street Journal senior energy reporter Russell Gold discuss if new oil train safety regulations will be enough to prevent disasters...