Transocean Inc. issued an updated fleet status report covering the company’s 137-unit offshore drilling fleet.
Drilling rig status and contract information on the company’s offshore drilling fleet has been condensed into a report titled “Transocean Fleet Status Report,” which is available through the company’s Worldwide Web address at http://www.deepwater.com. The report can be accessed from the [...]
Oil prices finished about where they began, after jumping more than $2 earlier on reports of lower U.S. oil stockpiles and an Iranian missile test.
Light, sweet crude for August delivery rose a penny to settle at $136.05 a barrel on the New York Mercantile Exchange, but prices shifted between positive and negative territory as traders [...]
Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (”Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in [...]
As a result of the recently announced iron ore settlements between major Asia-Pacific iron ore producers and consumers, as well as the rising price of hot band steel, Cleveland-Cliffs Inc (NYSE: CLF) today updated its 2008 iron ore revenue and cost-per-ton guidance. In addition, the Company provided commentary on expected pricing for its North American [...]
Goodrich Petroleum Corporation announced the pricing of its previously announced offering of 3,000,000 shares of its common stock pursuant to a registration statement filed with the Securities and Exchange Commission.
All of the shares offered will be sold at a price to the public of $64.00 per share. Net proceeds from the offering, estimated at $183.9 [...]
ConocoPhillips says its global production fell as expected in the second quarter because of planned maintenance, but it benefited from higher oil and natural gas prices.
In an overview of market conditions for the April-June period, ConocoPhillips also said its worldwide refining margins in the second quarter probably improved from the first quarter. But the company [...]
Energy company, S.D.E., which has developed an innovative technology for generating sea wave electricity, has signed an agreement for selling sea wave power plants throughout China. Construction of the power plants will be financed by investors from Hong Kong and China.
Two joint venture companies, formed in Hong Kong by S.D.E and the investors for the [...]
Oil prices jumped past $145 a barrel for the first time, as traders added to their bets on the commodity ahead of the long holiday weekend.
There was little good news for Americans hitting the road for the July Fourth holiday, as gas prices set their own record near $4.10 a gallon.
Light, sweet crude for August [...]
Oil supplies will remain tight despite record prices that have trimmed demand, according to the International Energy Agency.
Downsizing its estimate of how much oil will reach the market, the IEA predicted supply will exceed projected demand only by 2 million barrels a day.
The IEA is the energy watchdog for the Organization for Economic Cooperation and [...]
JayHawk Energy, Inc. President & CEO Lindsay Gorrill is proud to announce an increase in monthly revenue to the shareholders of JayHawk Energy.
“With the combined properties of Southeast Kansas Cherokee Basin coal-bed methane and North Dakota Williston Basin light oil, our monthly net revenue is currently $130,500, which is 43.4% greater than previous monthly net [...]
