All Posts Tagged With: "RIG"
(AA) Stock Market News for August 5, 2011 – Market News
The specter of another recession haunted investors and dealt a body blow to the markets which crashed to their worst day since the economic crisis of 2008. On Wednesday, just when the Dow looked like ending its longest losing streak of nine days since Jimmy Carter held office,...
(BHI) U.S. Oil Drilling Rig Count Goes Past 1900
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This...
(E) Eni SpA Commences Appaloosa Oil Flow
Italian oil major Eni SpA (E) announced the start-up of oil production from the Appaloosa field in the deepwaters of the U.S. Gulf of Mexico (GoM). This follows the Nikaitchuq field start-up in Alaska earlier...
(BHI) U.S. Oil Drilling Pushes Rig Count Up
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily...
(AXP) Stock Market News for June 30, 2011 – Market News
On Wednesday, markets enjoyed their best three-day winning streak in three months as investor sentiment was boosted by news that the Greek austerity plan had been approved by the nation’s lawmakers. This would not only enable Greece avoid a debt default but would also help...
(BHI) U.S. Oil Drilling Rig Count Tops 1000
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily...
(RIG) Transocean: Blame it on BP!
In an internal investigation report, drilling contractor Transocean Ltd (RIG) – the owner and operator of Deepwater Horizon oil rig at the heart of the Gulf of Mexico (GoM) disaster –...
(BP) BP Plc Secures $75 Million from Weatherford International
BP Plc (BP “> ) has rea ched an agreement with an affiliate of Weatherford International Ltd....
(BHI) U.S. Oil Drilling Rig Count Goes Up
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This...
(BHI) U.S. Oil Drilling Rig Count Edges Higher
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be...
(XLE) Stock Market News for June 13, 2011 – Market News
On Friday, the benchmarks ended in the negative zone on fears of a slowing global economic recovery and markets recorded their sixth-straight week of losses. Showing signs of weakness, the Dow dropped below the 12,000 level for the first time since mid-March, all 10 industry...
(XLE) Stock Market News for June 10, 2011 – Market News
Finally, investors enjoyed some cheer as the markets broke their six-day losing streak buoyed by positive data on export levels and a shrinking trade deficit. While this report provided optimism about a recovery in the economy, job data once again failed to suggest any improvement....
(BP) World, U.S. Oil Production Rises in 2010
World oil production rebounded by 2.2% in 2010 to reach 82.095 million barrels per day (B/D), up from 80.278 million B/D in 2009, but virtually unchanged from 2008 levels. World oil consumption, though, increased by 3.1% to hit 87.382 million B/D.
Due to the inclusion...
(BHI) U.S. Drilling Rig Count Moves Up to 1854
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily...
(BHI) Baker Hughes Reports Rig Increase – 1847 Domestic Rigs at Work
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...
(AAPL) Stock Market News for June 1, 2011 – Market News
After a volatile trading session, indices finally ended with modest gains buoyed by optimism over Greece’s new plans to tackle its debt crisis. However, on a monthly basis, benchmarks were left lingering in the red. Markets had dropped down during the session as weak economic...
(PCE) Stock Market News for May 27, 2011 – Market News
Weak economic data failed to drag markets lower as investor sentiment was lifted by the technology and retail sectors. With initial claims surged and the economy expanding at just 1.8%, the employment situation remains a major area of concern amidst a sluggish economy. These...
(AMR) Stock Market News for May 25, 2011 – Market News
On Tuesday, oil prices gained strength after banks upgraded their crude price forecast; sales of new homes recorded their second consecutive monthly gains, and corporate results came in better than expected. However, markets negated all these positives to drop further down...
(BHI) U.S. Oil Drilling Rig Count Holds Steady at 1830
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported an unchanged U.S. rig count (number of rigs searching for oil and gas in the country), as an increase in the...
(CEA) Stock Market News for May 24, 2011 – Market News
Global events weighed on investor sentiment to drag US indices lower on Monday. While rising concerns about the euro-zone debt situation significantly dampened benchmarks, disappointing manufacturing data from China stepped in to further pressurize the indices amidst the lack...
(BHI) U.S. Drilling Activity Slips
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a...
(LEI) Stock Market News for May 20, 2011 – Market News
A host of worrying economic reports failed to pull down the markets as LinkedIn made its debut on the Street and doubled its share price. Markets were also led modestly higher as initial claims declined and retailers posted better-than-expected quarter results.
The...
(AA) Stock Market News for May 19, 2011 – Market News
Markets benefited once again from commodities on Wednesday, as a rebound in that sector not only lifted the broader markets but dragged the indices out of the negative territory. Meanwhile, Fed minutes and a positive earnings report from bellwether Dell added to the cheer.
The...
(VLO) Oil & Gas Industry Outlook – May 2011 – Industry Outlook
OUTLOOK
Crude Oil
The improving economic scene –- both here in the U.S. as well as worldwide –- and the continued unrest in producing countries had been the main driver of the oil rally that saw the commodity zoom...
(BHI) U.S. Oilfield Drilling Activity Slips
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a...
(AA) Stock Market News for May 18, 2011 – Market News
Lukewarm economic data discouraged investors as it showed further signs of economic weakness and coupled with the negative outlook from Hewlett-Packard Company, the markets continued its stay in the red. However, on the back of favorable corporate results, the indices showed...
(EIA) Stock Market News for May 12, 2011 – Market News
A sharp drop in energy and commodity prices pulled the benchmarks down as markets ended their three-day winning streak on Wednesday. Additionally, the trade deficit widened while inflation cooled only partially in China to prompt speculation of a possible hike in interest...
(BHI) U.S. Drilling Rig Use Rises by 18 Units
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...
(BP) The BP Oil Spill – One Year Later
by Tony D’Altorio, Investment U Research
Tuesday, April 26, 2011
April...
(BHI) U.S. Drilling Rig Count Touches 1,800
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting...