What the Heck Was ExxonMobil Thinking With the LINN Energy Asset Swap?
Tyler Crowe, The Motley Fool - Motley Fool - Sun Jun 01, 8:53AM CDT
Let's pretend you and I are two oilmen and I make you this offer: I'll give you 25,000 net acres for land in West Texas that produces 5,000 barrels of oil a day for your 500,000 net acres in Oklahoma producing 14,000 barrels of oil equivalent. Oh,...
Is Big Oil Just Playing the Waiting Game With America's Shale Boom?
Tyler Crowe, The Motley Fool - Motley Fool - Sun Jun 01, 5:16AM CDT
Exxonmobil and Chevron are known for several things, but being good at shale drilling isn't one of them. Both they and the rest of the integrated majors made many missteps when the shale boom took off, but for the past couple years none of them...
Russia Wraps Its Tentacles Around the Energy Market to Become Unsanctionable
Tyler Crowe, The Motley Fool - Motley Fool - Sat May 31, 5:54PM CDT
"You're going to sanction me? Not likely." Photo source: Kremlin.ru We're coming up on 23 years now since the collapse of the Soviet Union and the end of the Cold War, but headlines in the news seem awfully reminiscent of those America-Soviet...
Why Caterpillar, IBM, and Exxon Mobil Held Back the Dow This Week
Dan Caplinger, The Motley Fool - Motley Fool - Sat May 31, 4:02PM CDT
The Dow Jones Industrials had a strong week to finish the month of May, with the average emerging at an all-time record closing high on Friday. Gains in the Dow have been broad-based, with the vast majority of Dow component stocks rising for the...
2 Dividend Stocks That Are Great for Retirees
John Maxfield, The Motley Fool - Motley Fool - Sat May 31, 2:00PM CDT
Stocks that are great for retirement aren't necessarily good for someone who's trying to build wealth. Lest there be any doubt about this, McDonald's and ExxonMobil serve as textbook examples of the point. In many respects, retirement serves...
ExxonMobil or GE Oil & Gas: What Would You Rather Manage?
Joel South and Taylor Muckerman, The Motley Fool - Motley Fool - Sat May 31, 12:10PM CDT
Would you rather be the CEO of ExxonMobil or the president of General Electric 's oil and gas division? ExxonMobil is the 800 pound gorilla in the energy space, but growing its base of cheap oil assets is becoming more difficult. Meanwhile,...
For Chevron and Others, China's Energy Revolution Is Welcome News
Joshua Bondy, The Motley Fool - Motley Fool - Sat May 31, 10:17AM CDT
The recent natural gas deal between Gazprom and PetroChina's parent China National Petroleum Corp is reported to be worth around $400 billion. This monster deal is yet another sign that China's influence on the world energy market is increasing....
Final Glance: Oil companies
AP - Fri May 30, 5:06PM CDT
NEW YORK (AP) — Shares of some top oil companies were mixed at the close of trading:
Big Oil is Secretly Making a Killing Off Russia Right Now
Tyler Crowe, The Motley Fool - Motley Fool - Fri May 30, 4:47PM CDT
Well, so much for the threat of sanctions causing oil and gas companies to pull out of Russia. This past week saw slew of oil companies, including ExxonMobil , Total , and BP , sign major deals with Rosneft and Lukoil to explore Russia's...
Release of the Revised Draft Terms of Reference for the Environmental Impact Review of the Beaufort Sea Exploration Joint Venture Drilling Program
CNW Group - Fri May 30, 4:27PM CDT
On 30(th) May 2014, the Environmental Impact Review Board (EIRB) issued a revised draft Terms of Reference (ToR) for the proposed Beaufort Sea Exploration Joint Venture Drilling Program and associated support activities that would result in the drilling of one or more deep exploration wells in the Beaufort Sea. This development is proposed by Imperial Oil Resources Ventures Limited (IORVL) on behalf of the Beaufort Sea Exploration Joint Venture which represents I0RVL, ExxonMobil Canada and BP Exploration Operating Company.
Jack P. Williams and Darren W. Woods Elected as Senior Vice Presidents and Members of Exxon Mobil Corporation's Management Committee
Business Wire - Fri May 30, 3:01PM CDT
Exxon Mobil Corporation's (NYSE:XOM) board of directors has elected Jack P. Williams and Darren W. Woods to the positions of senior vice president and members of the management committee of the corporation.
Exxon Mobil (XOM) Breaks Through Support at $100.98
Comtex SmarTrend(R) - Fri May 30, 1:13PM CDT
Shares of Exxon Mobil (NYSE:XOM) have bearishly opened below the pivot of $101.31 today and have reached the first support level of $100.98. Investors may be interested in a cross of the next downside pivot targets of $100.68 and $100.05.
Why a Carbon Tax Could Profit U.S. Business, Consumers
at The Street - Fri May 30, 12:43PM CDT
A recent report by Brookings Institution and American Enterprise Institute economists suggests that the trick behind an effective carbon tax lies in directing the revenue.
Midday Glance: Oil companies
AP - Fri May 30, 12:19PM CDT
NEW YORK (AP) — Shares of some top oil companies are mixed at 1 p.m.:
Dow 30 Stock Roundup: Pfizer Scraps Astrazeneca Deal, CVX Production Growth on Track - Analyst Blog
Swarup Gupta - Zacks Investment Research - Fri May 30, 10:19AM CDT
The Dow ended in the red on Wednesday, following a decline in retail stocks and capital return announcements from McDonald's Corp. (MCD).
Lift the Oil Export Ban? U.S. Energy Policy Is Transitioning to It
at The Street - Fri May 30, 10:03AM CDT
Pulitzer Prize-winning author Daniel Yergin tells TheStreet that Congress is still in transition on U.S. energy policy, but says that a process of change is going on.
Early Glance: Oil companies
AP - Fri May 30, 9:29AM CDT
NEW YORK (AP) — Shares of some top oil companies are down at 10 a.m.:
Stock Market News for May 30, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri May 30, 9:06AM CDT
Merger and acquisition activity in the food industry and better-than-expected initial claims helped benchmarks close in the green on Thursday
2 Companies Poised to Profit From Growing Asian LNG Demand
Daniel Gibbs, The Motley Fool - Motley Fool - Fri May 30, 7:41AM CDT
One of the biggest but underfollowed trends in the energy space over the past few years has been the growing demand for natural gas in Asia. Japan and China in particular have greatly increased their imports of the resource. This trend does not...
Why BP plc’s Ambitious Dividend Policy Is Sustainable
Lennox Yieke, The Motley Fool - Motley Fool - Thu May 29, 4:04PM CDT
BP plc currently boasts an impressive dividend yield of 4.6%. This is not only significantly higher than what other Big Oil players are offering, for instance ExxonMobil's 2.70% and Chevron's 3.50%, but it is also a product of sustained...