Cairn relegated in FTSE reshuffle
Interactive Investor Thu, 08 Mar 2012 06:44 AM PST
The latest quarterly scramble to gain promotion to the UK's premier share index has run right to the wire, with Aberdeen Asset Management promoted and Cairn Energy relegated. Take a look at the other ups and downs... |
Exxon sees about $37 bln cap spending through 2016
Market Watch Thu, 08 Mar 2012 06:43 AM PST
NEW YORK (MarketWatch) -- ExxonMobil Corp. plans to spend about $37 billion this year through 2016 on capital projects, the oil major said on Thursday. "An unprecedented level of investments will be needed to develop new energy technologies to expand supply of traditional fuels and advance new energy sources," said CEO Rex Tillerson. In the next two years Exxon plans 21 major oil and gas ... |
Cove Energy Plc
Marketwire Thu, 08 Mar 2012 06:42 AM PST
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1. KEY INFORMATION (a |
Exxon to spend $37B a year over 5 years to find oil, gas, invest in new energy sources
Canadian Business Thu, 08 Mar 2012 06:42 AM PST
NEW YORK, N.Y. - Exxon says it will spend about $185 billion over the next five years to find new sources of oil and natural gas. The world's largest publicly traded oil and gas company announced Thursday that it will expand its global search for resources to meet growing world demand. Exxon CEO Rex |
EV Energy Partners Announces Proposed Add-On Offering of Senior Unsecured Notes
Marketwire Thu, 08 Mar 2012 06:41 AM PST
HOUSTON, TX--(Marketwire - Mar 8, 2012) - EV Energy Partners, L.P. ( NASDAQ : EVEP ) and its subsidiary EV Energy Finance Corp. today announced that they intend, subject to market conditions, to publicly offer an additional $100 million in aggregate principal amount of their 8.0% senior notes due 2019 (the "Additional Notes") pursuant to the same indenture under which their existing $300 million ... |
Road use approved
The Times Leader Thu, 08 Mar 2012 06:40 AM PST
CADIZ The Harrison County Board of Commissioners met Wednesday with Doug Crabtree, representing the County Engineers Office, and approved an agreement between the county and Gulfport Energy Corporation of Oklahoma for road use to move equipment in... |
Forum to discuss utilities, energy programs
The Charleston Gazette Thu, 08 Mar 2012 06:38 AM PST
HUNTINGTON, W.Va. -- Electric utilities and energy efficiency programs will be discussed at a public forum next week in Huntington.The forum will take place March 14 at the Cabell County Library. It is sponsored by the Ohio Valley Environmental Coalition, ... |
Credit Suisse Explains When You Should Start Worrying About Oil Prices
Business Insider Thu, 08 Mar 2012 06:37 AM PST
The impact on GDP: each 10% rise in the oil price takes 0.2% off US GDP growth and 0.1% off global growth.This time the negative impact of a high oil price on growth is limited as: oil is only 10% above its 6-month MA (changes matter more than levels for growth); other energy prices are muted (coal prices are at 12-month lows, US gas prices down 40% yoy) and CPI food price inflation should fall ... |
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