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Archive for December, 2008

Major Oilfield Service Companies’ HQs Head East

Friday, December 12th, 2008 Posted in Uncategorized | No Comments »

Weatherford International will move its headquarters from Houston to Switzerland to be in closer proximity to emerging oil producing regions overseas, it recently announced. Transocean recently announced plans to move ... Read more..

Note To Oil-Service Companies: Batten Down The Hatches!

Wednesday, December 10th, 2008 Posted in Uncategorized | No Comments »

Due to the sharp decline in oil prices, Mark Urness, analyst at Calyon Securities, says the oil services industry downturn will be severe. "We believe worldwide spending and ... Read more..

East Texas Oil Boom History-Free Access

Tuesday, December 9th, 2008 Posted in Uncategorized | No Comments »

The Texas Railroad Commission records documenting Texas oil and gas in East Texas will now be preserved and published as national historical records as part of a $146,861 grant from ... Read more..

Off-Limits US Oil, Gas Worth $1.7 Trillion

Monday, December 8th, 2008 Posted in Uncategorized | No Comments »

The development of America’s vast domestic oil and natural gas resources that had been kept off-limits by Congress for decades could generate more than $1.7 trillion in government revenue, create ... Read more..

Money-Market Fund Support Strains Fund Managers And Bank Sponsors

Thursday, December 4th, 2008 Posted in Uncategorized | No Comments »

Once considered among the safest of investments, certain enhanced cash and money-market funds have joined the many that the global credit market downturn has affected as a result of declining ... Read more..