Showing posts with label Offshore Drilling. Show all posts
Showing posts with label Offshore Drilling. Show all posts
Tuesday, April 13, 2010

President Obama - New Wildcatter or Bait 'n Switcher?

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On the last day of March, President Obama went to Andrews Air Force Base in Maryland to stand in front of an F-18 jet fighter called the Gre...
Monday, August 24, 2009

Transocean Maintains Strength In Numbers

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The world's largest offshore drilling contractor with 141 jackups, semisubmersibles and drillships, Transocean has been able to maintain...
Monday, July 20, 2009

Profit Taking Tempers Early Gains in Crude Oil

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Crude oil closed higher on Monday and tested the 20 day moving average crossing at 64.90. Profit taking tempered early gains and the mid ran...
Tuesday, June 16, 2009

Crude Oil Closes Lower, Sets Up Lower Open Wednesday

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Crude oil closed slightly lower due to profit taking on Tuesday as it consolidated some of this spring's rally. The low range close set...
Wednesday, May 20, 2009

Lower Costs Give Crude Oil Drillers Some Breathing Room

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A long awaited drop in the cost of drilling and maintaining wells has finally materialized, easing the pressure on oil and natural gas produ...
Friday, May 15, 2009

Short Term Top May Be In For Crude Oil

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June crude oil was lower due to strength in the U.S. Dollar and profit taking overnight as it continues to consolidate some of the rally off...
Saturday, May 9, 2009

"Exxon Begins Drilling at Point Thomson"

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Exxon Mobil says it has begun drilling at Alaska's Point Thomson oil and gas field. Patrick McGinn, a company spokesman, says drilling o...
2 comments:
Wednesday, May 6, 2009

Transocean Surprises, Crude Oil Closes Above $56, Investors Show Interest In Energy Stocks

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"Crude Oil Rises Above $56 on Smaller Than Forecast Supply Gain" Crude oil rose above $56 a barrel for the first time since Novemb...
Friday, May 1, 2009

Crude Oil Closes Higher, Higher Prices Possible Near Term

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June crude oil closed sharply higher on Friday and above the 20 day moving average crossing at 51.54 confirming that a short term low has be...
Thursday, April 23, 2009

Crude Oil Closes Slightly Higher, Florida OK's Drilling Bill, NOV Reports It's largestDecline

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"Oil Rises as Dollar Drops, Bolstering Demand for Commodities" Crude oil rose for a third day in New York as the dollar dropped ag...
1 comment:
Friday, March 13, 2009

Crude Oil Falls On IEA, OPEC Forecast. Exxon Brazil Project Rivals Tupi

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"Oil Falls After IEA, OPEC Cut Demand Forecasts Because of Global Recession" Crude oil fell after the International Energy Agenc...
1 comment:
Monday, January 26, 2009

Crude Oil Industry Headlines News

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"Petrobras' P-51 Kicks Off Production in the Campos Basin" The P-51 semisubmersible platform went on stream Jan. 24, beginning...