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Oil & Gas News

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

2 hrs ago | KHOU-TV Houston

US rig count rose 1 to 1,875

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by one this week to 1,875.

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Related Topix: Baker Hughes, Pennsylvania

5 hrs ago | Vancouver Sun

Northeast B.C. blaze causing trouble for nearby shale gas producers

The Red Deer Creek fire burning southeast of the mining community of Tumbler Ridge was caused by a lightning strike Talisman Energy Inc. says a wildfire burning in northeastern B.C. has forced the evacuation of its Ojay gas plant and shut in about 2,000 to 3,000 barrels per day of production.

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Related Topix: Energy, Natural Disasters, Wildfire, Fire, North America, Canada, World News, EnCana

6 hrs ago | NewsOK.com

Halliburton forms energy joint venture in China

Halliburton said Friday it is entering its first joint venture in China that will use hydraulic fracturing, or fracking, to unleash energy.

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Related Topix: Energy, Halliburton, China, World News

9 hrs ago | Brandon Sun

Oil price gives up most gains of previous day as supply worries continue to ease

The price of oil began to fall again on Friday, giving up most of the gains it had made the previous day in the first rally in two weeks.

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Related Topix: Energy, Chevron Corporation

13 hrs ago | TheStreet.com

How Will Exxon Mobil (XOM) Stock React To Its Fight Against A Pennsylvania Fracking Lawsuit ?

TheStreet Ratings team rates EXXON MOBIL CORP as a Buy with a ratings score of A-.

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Related Topix: Exxon Mobil, Energy, Financial Markets

17 hrs ago | Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Fitch has also assigned Lon... )--Chesapeake Energy Corporation has scheduled to release its 2014 second quarter operational update and financial results before market open on Wednesday, A... )--Verastem, Inc. , focused on discovering and developing drugs to treat cancer by the targeted killing of cancer stem cells, today hosted its annual Re...

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Related Topix: Citrix Systems, Software, Chesapeake Energy, Energy, Amazon, Occidental Petroleum

Thu Jul 10, 2014

Brandon Sun

B.C. First Nation evicts CN Rail, logging companies, fishermen from its lands

British Columbia First Nations are wasting no time in enforcing their claim on traditional lands in light of a landmark Supreme Court of Canada decision recognizing aboriginal land title.

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Related Topix: North America, Canada, World News, Enbridge, Energy

Reuters

UPDATE 2-Chesapeake faces trial on bid-rigging in Michigan lease sale

A judge in Michigan has ruled that Oklahoma-based Chesapeake Energy Corp must face a criminal trial on a charge of bid-rigging with competitor Encana Corp at a 2010 state land lease auction, citing evidence of a conspiracy between the companies that drove state lease prices down sharply.

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Related Topix: Michigan, Chesapeake Energy, Energy, EnCana, Cheboygan County, MI

NewsOK.com

Union pulls black college support after Koch gift

A powerful union is pulling its support from the United Negro College Fund after the fund accepted $25 million from Koch Industries Inc. and the Charles Koch Foundation.

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Related Topix: African-American, Koch Industries, Energy

UB Reporter

Metro Rail Study

"Free Metro Rail use led people to make healthier, more environmentally friendly decisions that improved the quality of life in the city of Buffalo and its surrounding regions."

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Related Topix: Amerada Hess, City College of New York, City University of New York

Reuters

REFILE-Shell leaves its peers behind on big gas-to-liquids plants

Shell will press on with new plants to convert gas to liquid fuels, its investment and technical edge leaving its peers behind in the process once seen as a radical game changer.

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Related Topix: Energy, Chevron Corporation

Business Journal

Fidelity cutting 400 jobs in Covington

Fidelity Investments is eliminating about 400 jobs in Covington, Ky., as the financial-services giant moves its printing and mailing operations to a third-party provider.

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Related Topix: Covington, KY, Burlington Resources

Burnaby Now

Burnaby council: Did the dog eat Kinder Morgan's homework?

It was abundantly clear Monday night that Burnaby city council is not satisfied with Kinder Morgan's response to their 1,700 questions.

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Related Topix: Kinder Morgan Management, Financial Services, Energy, Kinder Morgan, Canada

Wed Jul 09, 2014

Barron's

Schlumberger Rally Can Continue Amid Upgrades

Early Wednesday, HSBC analyst Phillip Lindsay upgraded shares of the oilfield service giant to Overweight from Neutral, and increased his target price by $30, to $135.

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Related Topix: Schlumberger, Energy

JD Journal

Mayer Brown Adds to Houston Office with Michael P. Lennon Jr.

He will also work in the International Arbitration practice. He comes to the firm from Baker Botts and their office in Houston.

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Related Topix: Energy, Murphy Exploration and Production Company International

Business Journal

Lone Star College set to open new energy institute

Incoming Lone Star College System Chancellor Steve Head, who takes over the job Aug. 1, hopes the new 70,000-square-foot Energy and Manufacturing Institute will help meet employers' demands for middle-skill jobs.

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Related Topix: Life, Holidays, Lughnasadh, FMC Technologies, Energy

Brandon Sun

Most actively traded companies on the TSX, TSX Venture Exchange

Fortis Inc. . Utilities. Up 64 cents, or 1.66 per cent, to $39.29 on 14.2 million shares.

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Related Topix: Fortis, Energy, EnCana

Vancouver Sun

Enbridge outlook for Northern Gateway unchanged following Supreme Court ruling

A Supreme Court ruling on aboriginal title has not swayed Enbridge Inc.'s outlook for its controversial Northern Gateway pipeline to the West Coast.

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Related Topix: Enbridge, Energy

Merced Sun-Star

Excerpts from recent South Dakota editorials

The recent listing of the VA's Battle Mountain Sanitarium on the National Trust of Historic Place's 2014 Most Endangered Historic Places probably won't be enough to alter the U.S. Department of Veterans Affair's proposal to close its Hot Springs VA Medical Center and relocate to Rapid City.

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Related Topix: South Dakota, South Dakota Government, Black Hills, Energy

Brandon Sun

Encana selling Alberta power assets as it continues to focus portfolio

Encana Corp. CEO Doug Suttles says the company has agreed to sell one gas-fired power plant it owns and operates in Alberta and the 50 per cent stake it holds in another.

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Related Topix: Energy, EnCana, Canada,

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