Search Results for: Gas
Oil up as Russia ready to talk with producers, US rig count drops
October 5th, 2015
Crude oil futures edged up on Monday after Russia said it was ready to meet other producers to discuss the situation in the global oil market, where prices have more than halved from last year’s highs due to a ...
How the Big Four have returned to consulting with a bang
October 2nd, 2015
Whether by acquisition, organic growth or the recruitment of experienced hires, the Big Four have established consultancy groups that singly and collectively are a force to be reckoned with. According to analyst firm Gartner, spending on management consultancy services increased ...
Oil rises as Syria fighting intensifies; U.S. worries over hurricane fade
October 2nd, 2015
Crude prices rose on Friday as fighting in Syria intensified, but remained on course to end the week largely unchanged as a hurricane was seen as less likely to affect U.S. oil facilities. Hurricane Joaquin, which on Thursday had prompted fears ...
Should you fear a ‘Glencore’ moment?
September 29th, 2015
Experts are beginning to warn of the dire financial impact across the mining and metals space if Glencore, one of the world’s largest resource companies, is unable to control its skyrocketing debt load. Hong Kong-listed shares of the Anglo–Swiss commodity ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
Shell stops Arctic activity after ‘disappointing’ tests
September 28th, 2015
Royal Dutch Shell has stopped Arctic oil and gas exploration off the coast of Alaska after “disappointing” results from a key well in the Chukchi Sea. In a surprise announcement (read below the announcement), the company said it would ...
Oil prices fall on slowing global economic growth outlook
September 28th, 2015
Oil prices dropped in Asian trading hours on Monday despite a fall in U.S. drilling activity for the fourth straight week, with analysts pointing to a poor economic growth outlook as the main reason for low crude prices. China‘s ...
Oil unlikely to return to $100 a barrel for years
September 25th, 2015
Move would take major change in Saudi policy: Tom Kloza Traders said goodbye to $100 oil prices a little over a year ago, and they might be staying away even longer than some expect. West Texas Intermediate crude-oil prices ...
JPMorgan reaped $150 million dividend from Henry Bath before sale: filing
September 25th, 2015
JPMorgan Chase & Co reaped a $150 million dividend from its metals storage business Henry Bath & Son before selling its physical commodities business last October, as the firm reported its first loss in over a decade, a filing ...
Gold dips as Yellen says Fed on track to hike rates this year
September 25th, 2015
Gold dropped from its highest in a month on Friday as the dollar rallied on an assurance from Federal Reserve chair Janet Yellen that the U.S. central bank would begin raising rates this year. Spot gold had fallen 0.7 ...
