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The Houston Business Journal (Free subscription) | yesterday
McDermott International Inc.'s The Babcock & Wilcox Co. unit has been awarded a $70 million contract by Great River Energy. (MDR)
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The engineer (Free subscription) | yesterday
Reading-based BG Group has signed an agreement with South Korea’s Samsung Heavy Industries for the delivery of two new-build dual-fuel diesel electric LNG ships.
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SeekingAlpha Energy Stocks (Free subscription) | yesterday
Trader Mark submits: Wow, interesting factoid via Bloomberg - Petrobras (PBR) has leased 80% of the world's deepest sea drilling rigs . I mentioned when I sold off Diamond Offshore Drilling (DO) I was very interested in moving that money (on a pullback) to Noble Energy (NE) due to its Petrobras connection [ Apr 25: Bookkeeping: Selling Diamond Offshore Drilling - Will buy Noble Later ] but frankly...
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The Houston Business Journal (Free subscription) | 05/15/2008
As expected, a federal judge has approved the settlement reached between Nabors Industries Ltd. and shareholders who took current and former company executives to court over allegedly granting backdated stock options. (NBR)
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Business Times Asiaone (Free subscription) | 05/15/2008
(HOUSTON) Petroleo Brasileiro SA, Brazil's state-controlled oil company, leased about 80 per cent of the world's deepest-drilling offshore rigs to explore prospects including the Western hemisphere's biggest discovery in decades.
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Business Wire (Free subscription) | 05/15/2008
CHICAGO--(BUSINESS WIRE)--Four free stock picks are being made available today on Zacks.com. The industry
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Houston Chronicle (Free subscription) | 05/15/2008
The quarterly dividend increase, to 20 cents per share from 16 cents, will begin in the fourth quarter, Houston-based El Paso said today in a statement. The buyback program will depend on the company's cash flow, said spokesman Richard Wheatley in a telephone interview.
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The Houston Business Journal (Free subscription) | 05/15/2008
The board of El Paso Corp. has approved a $300 million share repurchase program. (EP)
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Market Watch (Free subscription) | 05/15/2008
NEW YORK (MarketWatch) -- Natural gas producer El Paso Corp. said Thursday it'll buy back $300 million in stock and boost its annual dividend by about 25% to 20 cents a share, beginning in the fourth quarter. "We're on track for an outstanding year in 2008, and if current commodity prices hold, we expect to generate significantly more cash flow than our original 2008 guidance," said CEO Doug Foshee....
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Market Wire (Free subscription) | 05/15/2008
HOUSTON, TX (MARKET WIRE) El Paso Corporation (NYSE: EP) announced today that, in light of the improved cash flow and business prospects of the company, its Board of Directors has approved a $300-million share repurchase program. The Board also intends to increase the annual dividend on its common stock from $.16 per share to $.20 per share, commencing with the dividend to be paid in the fourth quarter...
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Seeking Alpha (Free subscription) | 05/15/2008
Stephen Rosenman submits: McDermott (MDR), an engineering and construction firm, announced a terrible quarter, sending its stock from 60 to 53. MDR disappointed. The Street expected 69 cents, MDR delivered only 54 cents. The poor results were confined to its oil section; its smaller power and government divisions had strong results. Oil: Complete Story »
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PR News Wire (Free subscription) | 05/15/2008
HOUSTON, May 15 /PRNewswire-FirstCall/ -- W&T Offshore, Inc. (NYSE:
WTI) announced today that the Company will be presenting at the Calyon
Energy Conference 2008 being held on May 14 & 15, 2008 in New York City.
Danny Gibbons, W&T Offshore's Chief Financial Officer, is scheduled to
present on Thursday, May 15 at 11:00 a.m. Eastern Time. The presentation
will be broadcast live over the Internet. The...
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Houston Chronicle (Free subscription) | 05/15/2008
McDermott International, a Houston-based engineering and construction company, reported net income slipped to $123.2 million.
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nitesh | 05/14/2008
This report is an essential source for data, analysis and strategic insight into this company. The report provides key information relating to oil and gas assets of the company and financial, SWOT and value chain analysis of the company. The report examines company's business structure and operations, history and products, and provides an analysis of its key revenue lines. It inspects the company's...
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nitesh | 05/14/2008
This profile is the essential source for top-level industry data and information relating to the pipeline industry in US. It provides asset level information relating to the active and planned oil and gas pipelines/ LNG terminals/ storage terminals (SELECT ONE) in US. The profiles of the major pipeline companies are also included in the report. The latest news and deals pertaining to the sector are...
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nitesh | 12/12/2007
This special report is a regional analysis that provides an in-depth background and analysis of all sectors of the energy industry in this region including oil, natural gas, E&P, pipelines, LNG, and electricity. Table of Contents : Balkans 9 Background 9 Oil 9 Natural Gas 9 Pipelines 10 Profile 12 Baltic Sea Regional Factsheet 13 Background 13 Oil 14 Major Crude Oil Ports 15 Natural Gas 17 Market...