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Latest News | Top Stories |
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| 1.
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Exxon Acquires XTO Energy
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Zacks.com
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Mon 11:00 am ET
Exxon's offer represents a 25% premium for XTO shareholders.
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| 2.
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Chevron Announces Natural Gas Find in Australia
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Business Wire
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Mon 9:00 am ET
SAN RAMON, Calif.----Chevron Corporation , through its subsidiary Chevron Australia Pty Ltd, today announced an additional natural gas discovery in the Carnarvon Basin offshore Western Australia.
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Exxon Mobil Corporation and XTO Energy Inc. Announce Agreement
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Business Wire
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Mon 8:09 am ET
IRVING, Texas----Exxon Mobil Corporation and XTO Energy Inc. announced today an all-stock transaction valued at $41 billion. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources.
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Company seeks savings, safety from smart driving
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AP
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Fri Dec 11
A little black box the size of a Zippo cigarette lighter is plugged into a port below Chris Williams' steering column. It lets him know how he's doing behind the wheel and lets his employer make the company's drivers safer and more fuel-efficient.
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Chevron Sees Smaller Budget in 2010
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Zacks.com
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Fri Dec 11
Chevron Corp. said that it will prune its capital expenditures by about $1.2 billion in 2010.
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Chevron to search for natural gas in Poland
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AP
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Fri Dec 11
The Polish Environment Ministry says it has authorized U.S. oil company Chevron to explore natural gas deposits in eastern Poland for the next five years.
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Natural Resources Analyst Guides Investors In the MLP Space: Picks MLPs According to Investor Strategy
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Wall Street Transcript
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Tue Dec 8
67 WALL STREET, New York - December 8, 2009 - The Wall Street Transcript has just published its Oil & Gas Production and Distribution Report offering a timely review of the sector to serious investors and industry executives. This 76 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
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EnCana Completes Spin-off
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Zacks.com
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Tue Dec 1
Cenovus will be focused on oil sands and refining businesses and EnCana will be focused on natural gas.
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| 9.
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EnCana closes transaction to split into two distinct and independent companies - Cenovus Energy and EnCana
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Business Wire
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Mon Nov 30
CALGARY, Alberta----EnCana Corporation today completed its transaction to split into two highly focused energy companies: Cenovus Energy Inc., an integrated oil company and EnCana Corporation, a pure play natural gas company.
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| 10.
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Hedging losses send EnCana 3Q profit sharply lower
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AP
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Thu Nov 12
Natural gas and oil producer EnCana Corp. said Thursday profit dropped for the third quarter on lower natural gas prices and significant unrealized hedging losses.
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