Search Results for: oil
Shell CEO says U.S. should export oil to stabilize global markets
September 3rd, 2014
U.S. policymakers should gradually lift the country’s decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc (RDSa.L) said on Tuesday. ...
FCA warns against boiler room clone firm
September 1st, 2014
Financial Conduct Authority (FCA), the British regulator has issued a warning against boiler room “City Equities Ltd” (www.cityeq.com), informing the investors that the company appears as the clone firm of the FCA regulated firm, “City Equities Limited” (www.cityequities.com). Fraudsters ...
Private equity groups make $500m UK North Sea oil investment
September 1st, 2014
Buyout groups Blackstone and Blue Water Energy are providing $500m to Siccar Point Energy, a new UK-focused oil company, in one of the largest ever private equity investments in North Sea oil. The move highlights the continuing international appeal ...
A New American Oil Bonanza
August 29th, 2014
The United States now accounts for 10% of the world’s oil production. As it sharply curtails imports from countries like Angola and Nigeria, those producers are then compelled to sell their oil to China and other Asian markets at ...
Shell Submits a Plan for New Exploration of Alaskan Arctic Oil
August 29th, 2014
Royal Dutch Shell submitted a plan to the federal government on Thursday to try once again to explore for oil in the Alaskan Arctic, following years of legal and logistical setbacks as well as dogged opposition from environmentalists. Over ...
FCA warns against boiler room clone firm
August 28th, 2014
Financial Conduct Authority (FCA), the British regulator has issued a warning against boiler room “London Capital Group Asia (Clone of FCA authorised firm) / LCGA Fxplatform / LCG Asia / LCG Forex” (www.lcga-fx.com / www.lcga.asia.lid-cn / http://indo.lcga-fx.com / www.fxlcg.com), ...
West TX Oil Holds at $94.50 on a Neutral Inventory Report
August 28th, 2014
Brent crude dipped on Thursday, but still held between $102 and $103 a barrel, as expectations of ample supply weighed on prices. Global oil supply is expected to exceed demand this year, cooling prices. Oil futures on both sides ...
CFD COMMODITIES – Weak USD and Inventories Boost Oil
August 28th, 2014
Commodities overview Crude rose after US gas inventories shrank by 960,000 barrels Sugar Lobby in US wins higher import duty as global supply pushes prices down Gold supported by geopolitical risk and USD weakness The Energy Information Administration ...
Brent Oil Rallies Above $102 on Geopolitical Tensions
August 26th, 2014
Brent crude oil rose on Monday and U.S. crude fell in light trading, as support from geopolitical tensions in Ukraine and Libya countered ample supplies and anticipated weak demand after a slew of disappointing economic data from the United ...
Chevron seeks for Canadian oil project up to $1.5 billion
August 26th, 2014
Chevron Corp (CVX.N) has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private equity firms, according to people familiar with the matter. ...
