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CANADA STOCKS-TSX may open higher on strong Chinese and German data
ReutersMay 8 (Reuters) - Canada's main stock index looked set to open higher as better-than-expected Chinese trade data coupled with robust German industrial output data boosted the already positive sentiment fed by global equity markets. TOP STORIES * China'...Tags: Kinross Gold Corporation, Petroleum Industry, Gold and Precious Material, Auto Trends, Finance
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Enbridge to build tanks for Surmont oil sands project
ReutersCALGARY, Alberta, May 7 (Reuters) - Enbridge Inc, Canada's largest pipeline operator, said on Tuesday it will spend C$300 million ($299 million) on infrastructure to handle expanded production from the Surmont oil sands project owned by ConocoPhillips and...Tags: Upstream Oil and Gas Activities, Enbridge Incorporated
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U.S. Interior says not bowing to outside groups on fracking regs
Reuters* New rules will be based on the best science -Jewell * Department "very close" to issuing new fracking rules * Arctic drilling rules expected by end of the year By Ayesha Rascoe WASHINGTON, May 7 (Reuters) - The Obama administration's second...Tags: Energy Resources, Royal Dutch Shell Plc, Ken Salazar, Petroleum Industry, U.S. Department of the Interior
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Phillips 66 quarterly profit more than doubles
ReutersMay 1 (Reuters) - U.S. refiner Phillips 66 on Wednesday said its quarterly profit more than doubled ,as it benefited from processing lower-cost crude oil derived from American shale deposits. The Houston-based company, which operates 15 refineries and... -
ConocoPhillips Reports about $540M in Alaska Earnings
Channel 2 NewsConocoPhillips reported $543 million in net earnings in Alaska during the first quarter of the year. That compares to $620 million during the first quarter of 2012. An executive with ConocoPhillips Alaska, in a news release, said the quarter continued... -
U.S. RESEARCH ROUNDUP: Amazon, Colgate-Palmolive, Celgene
ReutersApril 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Amazon, Wynn Resorts and Celgene, on Friday. HIGHLIGHTS * Amazon.com Inc : JP Morgan, others cut price target on the...Tags: Flagstar Bancorp Incorporated, Southwest Airlines Co., GFI Group Incorporated, Automotive Equipment, Deckers Outdoor Corporation
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NYMEX-Oil eases towards $93 after 6-day rally
ReutersSINGAPORE, April 26 (Reuters) - U.S. crude futures eased towards $93 a barrel on Friday after a six-day rally narrowed its spread with Brent to below $10, while investors eyed U.S. GDP data for clues on economic growth and fuel demand in the world's...Tags: Turkey, Credit Ratings, Economic Indicator, Iran, Petroleum Industry
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WRAPUP 1-U.S. oil production rises for Exxon, Conoco in Q1
Reuters* Exxon's U.S. oil output up 2 percent * Occidental's domestic output hits record * Exxon shares down nearly 1 percent By Anna Driver HOUSTON, April 25 (Reuters) - Quarterly results from Exxon Mobil Corp and ConocoPhillips on Thursday showed that...Tags: Energy Resources, Earnings Forecasts, Buyback, Petroleum Industry, Business Enterprises
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Norway pipeline work to shut 7 oilfields for 3 weeks in June
ReutersOSLO, April 25 (REUTERS) - Oil production from the Great Ekofisk area in the North Sea could be reduced by up to 5 million barrels in June due to a shutdown of the Norpipe gas pipeline, industry sources said on Thursday. "Ekofisk has to shut down all...Tags: Petroleum Industry, Norway, BP Plc, Thomson Corporation, Upstream Oil and Gas Activities
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RESUMEN-Exxon y Conoco refuerzan producción en EEUU para apuntalar ganancias
Reuters* Producción petrolera de Exxon crece 2 pct * Producción local de Occidental alcanza récord * Acciones de Exxon caen 1 pct Por Anna Driver HOUSTON, EEUU, 25 abr (Reuters) - Los resultados trimestrales de Exxon Mobil Corp y de ConocoPhillips...Tags: Occidental Petroleum Corp., Thomson Corporation, Exxon Mobil Corporation
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Conoco sees no Chukchi Sea drilling before 2015
ReutersHOUSTON, April 25 (Reuters) - ConocoPhillips, which has put its Alaskan drilling plans on hold because of regulatory uncertainty, will not drill exploration wells in the Chukchi Sea any sooner than 2015, the company's chief financial officer said on...Tags: Royal Dutch Shell Plc, Petroleum Industry
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ConocoPhillips first-quarter profit, output lower
ReutersApril 25 (Reuters) - ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices. Conoco had a first-quarter profit of $2.1 billion, or $1.73 per share, down from $2.9 billion, or $2....Tags: Energy Resources, Petroleum Industry
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