Transocean Inc (RIG) 37.76 $RIG
Gulf of Mexico residents hail ruling against BP
By MICHAEL KUNZELMAN and JANET McCONNAUGHEY - AP - 1 hr 56 mins ago
NEW ORLEANS (AP) — Environmentalists, recreational fishermen and people who make their living on the Gulf of Mexico are hailing a federal judge's ruling that could mean $18 billion in additional fines for BP over the nation's worst offshore oil spill.
Ruling against BP could mean $18 billion in fines
By MICHAEL KUNZELMAN and JANET McCONNAUGHEY - AP - Thu Sep 04, 8:02PM CDT
NEW ORLEANS (AP) — BP could be looking at close to $18 billion in additional fines over the nation's worst offshore oil spill after a federal judge ruled Thursday that the company acted with "gross negligence" in the 2010 Gulf of Mexico disaster.
Transocean Ltd. Statement on Macondo Ruling
Thomson Reuters ONE - Thu Sep 04, 6:56PM CDT
ZUG, SWITZERLAND-September 4, 2014-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that it received a decision by the United States District Court for the Eastern District of Louisiana on phase one of litigation related to the April 20, 2010 Macondo well incident involving the Deepwater Horizon. Key findings in the Court's decision with respect to Transocean are as follows:
The BP spill by the numbers
AP - Thu Sep 04, 6:06PM CDT
NEW ORLEANS (AP) — Here's a look by the numbers at the nation's worst offshore oil disaster, which occurred in April 2010 when BP PLC's Macondo well blew, resulting in an explosion and deaths aboard the drilling rig Deepwater Horizon. The rig was owned by Switzerland-based Transocean Ltd., operating under contract to BP.
Ruling could cost BP added $18B; stock slumps
By JONATHAN FAHEY - AP - Thu Sep 04, 3:19PM CDT
NEW YORK (AP) — A judge's ruling in the 2010 Gulf of Mexico oil spill case that could cost BP an additional $17.6 billion in fines sent the company's shares tumbling Thursday.
Why BP (BP) Stock Is Down Today
at The Street - Thu Sep 04, 2:27PM CDT
Shares of BP (BP) fell in afternoon trading Thursday after a federal judge ruled the oil company acted with gross negligence in the Gulf of Mexico oil spill in 2010.
How Will Halliburton (HAL) Stock React Today To Gulf Oil Spill Court Decision?
at The Street - Thu Sep 04, 1:48PM CDT
Halliburton (HAL) was found 'negligent' by a federal judge in the Macondo well incident in the Gulf of Mexico oil spill in 2010.
23 Oil Industry Stocks to Consider for Your Stock Portfolio
at The Street - Thu Sep 04, 12:07PM CDT
Here are 23 oil industry stocks and companies that you can consider investing in.
Transocean Down 10.7% Since SmarTrend Downtrend Call (RIG)
Comtex SmarTrend(R) - Thu Sep 04, 11:16AM CDT
SmarTrend identified a Downtrend for Transocean (NYSE:RIG) on July 10th, 2014 at $43.13. In approximately 2 months, Transocean has returned 10.72% as of today's recent price of $38.50.
Video: BP Found Negligent In Oil Spill, Extends Iraq Deal
at Investor's Business Daily - Thu Sep 04, 11:12AM CDT
BP (BP) shares plunged Thursday after a U.S. District Court judge found the oil giant to be "grossly negligent" in the Deepwater Horizon oil spill four years ago. Judge Carl Barbier held BP accountable for 67% of the spill in a trial without a jury...
Why Transocean (RIG) Stock Is Up Today
at The Street - Thu Sep 04, 10:47AM CDT
Shares of Transocean (RIG) rose in morning trading Thursday after a federal judge ruled on the offshore driller's responsibility in the Gulf of Mexico oil spill in 2010.
Halliburton (HAL) Agrees on $1.1B Macondo Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 3:40PM CDT
Halliburton Company (HAL) declared that it has agreed to pay approximately $1.1 billion as settlement fees for its involvement in the 2010 Macondo oil spill incident.
Why Halliburton's Settlement Is Great News for Shareholders
at The Street - Wed Sep 03, 2:24PM CDT
Halliburton’s shares have been struggling due to weak oil prices and investors aren’t really excited about its $1.1 billion settlement, but it is time to look beyond these issues.
Halliburton reaches $1B Gulf oil spill settlement
By KEVIN McGILL and JONATHAN FAHEY - AP - Tue Sep 02, 10:04PM CDT
NEW ORLEANS (AP) — Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP Gulf of Mexico oil spill could be a way for the company and victims of the spill to avoid years of costly litigation — if all the pieces fall into place.
Look for Shares of Transocean to Potentially Rebound after Yesterday's 1.73% Sell Off
Comtex SmarTrend(R) - Tue Sep 02, 5:06PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $37.84 to a high of $38.71. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $38.05 on volume of 5.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
After Yesterday's Decline of 1.73%, Transocean Offers Investors Better Value
Comtex SmarTrend(R) - Tue Sep 02, 5:05PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $37.84 to a high of $38.71. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $38.05 on volume of 5.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Halliburton Will Pay $1.1 Bil To Settle Gulf Spill
at Investor's Business Daily - Tue Sep 02, 11:07AM CDT
Halliburton (HAL) said Tuesday it will pay $1.1 billion to settle the majority of lawsuits filed against it for the 2010 Deepwater Horizon disaster. The Houston-based company, which provided the cementing for the well, said the settlement is still...
Oil & Gas Stock Roundup: New Discoveries for Shell, Quicksilver - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Sep 02, 10:59AM CDT
Royal Dutch Shell plc (RDS.A) struck a new gas discovery offshore Malaysia and Quicksilver Resources Inc. (KWK) - together with its JV partner Eni SpA - encountered oil at the Stallings 1H well in West Texas.
Why These Lagging Oil Stocks Are Worth a Look
Oilprice.com, The Motley Fool - Motley Fool - Sun Aug 31, 8:25AM CDT
This article was written by Oilprice.com , the leading provider of energy news in the world. Also check out these recent articles: Shell Keen to Put Troubled Nigerian Assets Behind It It is generally accepted that...
Shell Shifts To Seashore As It Sells Shale Plays
at Investor's Business Daily - Fri Aug 29, 12:32PM CDT
Royal Dutch Shell (RDSA) is shedding some of its overseas and unconventional domestic assets to explore offshore possibilities in the Alaskan Arctic next year. On Thursday, the energy giant filed a revised plan with the Bureau of Ocean Energy...
Gulf of Mexico residents hail ruling against BP
By MICHAEL KUNZELMAN and JANET McCONNAUGHEY - AP - 1 hr 56 mins ago
NEW ORLEANS (AP) — Environmentalists, recreational fishermen and people who make their living on the Gulf of Mexico are hailing a federal judge's ruling that could mean $18 billion in additional fines for BP over the nation's worst offshore oil spill.
Ruling against BP could mean $18 billion in fines
By MICHAEL KUNZELMAN and JANET McCONNAUGHEY - AP - Thu Sep 04, 8:02PM CDT
NEW ORLEANS (AP) — BP could be looking at close to $18 billion in additional fines over the nation's worst offshore oil spill after a federal judge ruled Thursday that the company acted with "gross negligence" in the 2010 Gulf of Mexico disaster.
Transocean Ltd. Statement on Macondo Ruling
Thomson Reuters ONE - Thu Sep 04, 6:56PM CDT
ZUG, SWITZERLAND-September 4, 2014-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that it received a decision by the United States District Court for the Eastern District of Louisiana on phase one of litigation related to the April 20, 2010 Macondo well incident involving the Deepwater Horizon. Key findings in the Court's decision with respect to Transocean are as follows:
The BP spill by the numbers
AP - Thu Sep 04, 6:06PM CDT
NEW ORLEANS (AP) — Here's a look by the numbers at the nation's worst offshore oil disaster, which occurred in April 2010 when BP PLC's Macondo well blew, resulting in an explosion and deaths aboard the drilling rig Deepwater Horizon. The rig was owned by Switzerland-based Transocean Ltd., operating under contract to BP.
Ruling could cost BP added $18B; stock slumps
By JONATHAN FAHEY - AP - Thu Sep 04, 3:19PM CDT
NEW YORK (AP) — A judge's ruling in the 2010 Gulf of Mexico oil spill case that could cost BP an additional $17.6 billion in fines sent the company's shares tumbling Thursday.
Why BP (BP) Stock Is Down Today
at The Street - Thu Sep 04, 2:27PM CDT
Shares of BP (BP) fell in afternoon trading Thursday after a federal judge ruled the oil company acted with gross negligence in the Gulf of Mexico oil spill in 2010.
How Will Halliburton (HAL) Stock React Today To Gulf Oil Spill Court Decision?
at The Street - Thu Sep 04, 1:48PM CDT
Halliburton (HAL) was found 'negligent' by a federal judge in the Macondo well incident in the Gulf of Mexico oil spill in 2010.
23 Oil Industry Stocks to Consider for Your Stock Portfolio
at The Street - Thu Sep 04, 12:07PM CDT
Here are 23 oil industry stocks and companies that you can consider investing in.
Transocean Down 10.7% Since SmarTrend Downtrend Call (RIG)
Comtex SmarTrend(R) - Thu Sep 04, 11:16AM CDT
SmarTrend identified a Downtrend for Transocean (NYSE:RIG) on July 10th, 2014 at $43.13. In approximately 2 months, Transocean has returned 10.72% as of today's recent price of $38.50.
Video: BP Found Negligent In Oil Spill, Extends Iraq Deal
at Investor's Business Daily - Thu Sep 04, 11:12AM CDT
BP (BP) shares plunged Thursday after a U.S. District Court judge found the oil giant to be "grossly negligent" in the Deepwater Horizon oil spill four years ago. Judge Carl Barbier held BP accountable for 67% of the spill in a trial without a jury...
Why Transocean (RIG) Stock Is Up Today
at The Street - Thu Sep 04, 10:47AM CDT
Shares of Transocean (RIG) rose in morning trading Thursday after a federal judge ruled on the offshore driller's responsibility in the Gulf of Mexico oil spill in 2010.
Halliburton (HAL) Agrees on $1.1B Macondo Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 3:40PM CDT
Halliburton Company (HAL) declared that it has agreed to pay approximately $1.1 billion as settlement fees for its involvement in the 2010 Macondo oil spill incident.
Why Halliburton's Settlement Is Great News for Shareholders
at The Street - Wed Sep 03, 2:24PM CDT
Halliburton’s shares have been struggling due to weak oil prices and investors aren’t really excited about its $1.1 billion settlement, but it is time to look beyond these issues.
Halliburton reaches $1B Gulf oil spill settlement
By KEVIN McGILL and JONATHAN FAHEY - AP - Tue Sep 02, 10:04PM CDT
NEW ORLEANS (AP) — Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP Gulf of Mexico oil spill could be a way for the company and victims of the spill to avoid years of costly litigation — if all the pieces fall into place.
Look for Shares of Transocean to Potentially Rebound after Yesterday's 1.73% Sell Off
Comtex SmarTrend(R) - Tue Sep 02, 5:06PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $37.84 to a high of $38.71. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $38.05 on volume of 5.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
After Yesterday's Decline of 1.73%, Transocean Offers Investors Better Value
Comtex SmarTrend(R) - Tue Sep 02, 5:05PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $37.84 to a high of $38.71. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $38.05 on volume of 5.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Halliburton Will Pay $1.1 Bil To Settle Gulf Spill
at Investor's Business Daily - Tue Sep 02, 11:07AM CDT
Halliburton (HAL) said Tuesday it will pay $1.1 billion to settle the majority of lawsuits filed against it for the 2010 Deepwater Horizon disaster. The Houston-based company, which provided the cementing for the well, said the settlement is still...
Oil & Gas Stock Roundup: New Discoveries for Shell, Quicksilver - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Sep 02, 10:59AM CDT
Royal Dutch Shell plc (RDS.A) struck a new gas discovery offshore Malaysia and Quicksilver Resources Inc. (KWK) - together with its JV partner Eni SpA - encountered oil at the Stallings 1H well in West Texas.
Why These Lagging Oil Stocks Are Worth a Look
Oilprice.com, The Motley Fool - Motley Fool - Sun Aug 31, 8:25AM CDT
This article was written by Oilprice.com , the leading provider of energy news in the world. Also check out these recent articles: Shell Keen to Put Troubled Nigerian Assets Behind It It is generally accepted that...
Shell Shifts To Seashore As It Sells Shale Plays
at Investor's Business Daily - Fri Aug 29, 12:32PM CDT
Royal Dutch Shell (RDSA) is shedding some of its overseas and unconventional domestic assets to explore offshore possibilities in the Alaskan Arctic next year. On Thursday, the energy giant filed a revised plan with the Bureau of Ocean Energy...
