Jeannie Stell, financial editor, relates news and gossip on energy-industry transactions and matters affecting deal decision-making.
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..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..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..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..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..