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Oil & Gas News

Oil & Gas news continually updated from thousands of sources around the net.

1 hr ago | Vancouver Sun

Apache Corp., under investor pressure, exiting Kitimat LNG project

A liquefied natural gas project planned for Kitimat, B.C., faces an uncertain future after one of its U.S. partners announced plans to get out of the LNG business.

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Related Topix: Apache, Chevron Corporation, Energy

5 hrs ago | NEWS.com.au

Woodside shareholders sink $2.9b plan

WOODSIDE shareholders have scuttled a $2.9 billion plan to remove Royal Dutch Shell from the company's share register.

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Related Topix: Energy, Woodside Petroleum

Thu Jul 31, 2014

Fire Dog Lake

As Keystone XL Dominoes Fall, Time to Arrest Tar Sands Industry

Thanks to the courageous and indefatigable efforts of pipeline fighters everywhere, the tide has finally turned on Keystone XL .

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Related Topix: Energy, TransCanada, Natural Gas, US Politics, US News, Al Gore, Oglala, SD

Fox News

ConocoPhillips 2Q Profit Higher, Output Rises

ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported a quarterly profit that just beat Wall Street expectations, helped by an increase in oil and gas production.

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Related Topix: Energy, ConocoPhillips, Business News

Park Record

Exxon profit surges, but production slips

Exxon Mobil's net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped a disappointing 6 percent.

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Related Topix: Exxon Mobil, Energy, Irving, TX, Park City, UT

ABC News

US Stocks Fall Sharply as Earnings Disappoint

Stocks fell sharply on Thursday as investors reacted to disappointing corporate earnings and outlooks from major U.S. companies including Exxon Mobil and Whole Foods Markets.

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Related Topix: Financial Markets, ExxonMobil Chemical, Exxon Mobil, Energy, Chemicals, Retail, Whole Foods Market, Grocery, Life, Food, Fast Food

The Modesto Bee

Sunoco Logistics' 300-mile pipeline dealt setback

Two administrative law judges on Wednesday released a 25-page decision recommending that state utility regulators deny the company's request to exempt buildings to shelter 18 pump stations and 17 valve control stations from local zoning ordinances in 31 locations.

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Related Topix: Energy, Sunoco Logistics Partners LP, Business News

Business Journal

a Exxon Mobil Corp. puts two of its Houston facilities up for sale

With its new campus in north Houston 20 percent complete, Irving-based Exxon Mobil Corp. has put two of its Houston facilities on the market.

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Related Topix: Houston, TX, Exxon Mobil, Energy, River Oaks (Houston, TX), ExxonMobil Chemical, Chemicals

Bellingham Herald

Boston protesters rally against gas pipeline

The protest, attended by hundreds of supporters, was the culmination of a month-long "rolling rally" that marched through towns likely impacted by the proposed 250-mile long pipeline expansion in Berkshire, Worcester and Franklin counties.

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Related Topix: US Politics, James McGovern, US News, US House of Representatives, Democrat, Senator Elizabeth Warren, US Senate, Massachusetts, Deval Patrick, US Governors, Kinder Morgan Management, Financial Services, Energy, Kinder Morgan

Wed Jul 30, 2014

Prince George Citizen

Suncor net income falls, takes charge on cancelled oilsands project

The Suncor Refinery in Edmonton is seen on Tuesday, April 29, 2014. Suncor Energy Inc. has posted a nearly 70 per cent drop in net income during the second quarter as it took charges related to the cancellation of the Joslyn oilsands project and unrest in Libya.

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Related Topix: Suncor Energy

Brandon Sun

Penn West Petroleum shares dive after accounting review finds faults

Shares in Penn West Petroleum Ltd. fell sharply Wednesday after the company announced it's reviewing its accounting practices going back several years and will have to restate some of its past financial reports.

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Related Topix: Penn West Energy Trust, Energy, Suncor Energy

ABC News

Correction: Exxon Mobil-Gay Rights Story

In a story July 22 about new federal anti-discrimination rules, The Associated Press reported erroneously the value of Exxon Mobil Corp. shares held by investors who supported amending the company's equal employment opportunity statement.

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Related Topix: Exxon Mobil, Energy, Gay/Lesbian, ExxonMobil Chemical, Chemicals, Irving, TX, Transgender

Tri-cityherald.com

Valero Energy 2Q profit rises 26 percent

The San Antonio-based company said net income increased to $588 million, or $1.10 per share, from $466 million, or 85 cents per share, in the same quarter a year ago.

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Related Topix: Energy, Valero Energy, Velos, Startups

Journalgazette.net

US economy grew at strong 4 percent rate in spring

In this June 4 photo, Baltazar Rosado, of Hollywood, Fla., pumps gasoline into his car at a Chevron gasoline station in Pembroke Pines, Fla.

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Related Topix: Hollywood, FL, Pembroke Pines, FL, Chevron Corporation, Energy

Sydney Morning Herald

Ceasefire in Tripoli to let firefighters try to control huge oil depot fire caused by rocket

Tripoli: Rival militias fighting for control of Tripoli airport agreed on Wednesday to a temporary ceasefire to allow firefighters to try to control a huge blaze at a fuel depot hit by a rocket.

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Related Topix: Fire, Muammar Gaddafi (Gadhafi), World News, Africa, Libya, National Oil, Energy

Inside Bay Area

Richmond approves massive Chevron refinery project with $90 million in community benefits

Chevron's five year-plus quest to initiate a $1 billion upgrade to its century old refinery, the largest in Northern California, was approved by a divided City Council late Tuesday after the company and city staff hammered out a last minute deal upping community investments and installing safety and piping upgrades as part of the project.

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Related Topix: Chevron Corporation, Energy, George Miller, US Politics, US News, US House of Representatives, Democrat, California

Tri-cityherald.com

Hess 2Q adjusted profit, revenue top Street's view

Its adjusted profit and revenue topped analysts' estimates, and the energy company boosted its stock buyback program to $6.5 billion from $4 billion.

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Related Topix: Amerada Hess

The Modesto Bee

Overhaul approved for troubled California refinery

The Contra Costa Times reports the City Council of Richmond voted 5-0 Tuesday night for the overhaul.

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Related Topix: Richmond (San Francisco, CA), San Francisco County, CA, San Francisco, CA, Chevron Corporation, Energy, Modesto, CA

Journalgazette.net

Investors to collect in Marathon case

Nearly two years after a jury ruled in their favor, a group of investors entangled in a lawsuit with Marathon Oil over damaged properties can collect nearly half a million dollars.

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Related Topix: Marathon Oil, Energy

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The new shares are dis... )--Pulaski Financial Corp. reported net income available to common shareholders for the quarter ended June 30, 2014 of $2.8 mill... )--Newmont Mining Corporation will invest in developing the Merian gold mine in Suriname with strong local support for the project and expected all-in sustaining c... )--Mike Sickels, chairman ... (more)

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Related Topix: Newmont Mining Corporation of Canada, Mining, UGI, Energy, Amerigas Partners lp

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