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Energy stocks punished on Toronto market as oil prices continue to plunge
2014-12-08 23:53:57| Oil & Gas - Topix.net
There were more signs of belt-tightening in the oilpatch Monday, as oil prices continued their downward slide and energy stocks were pummelled. Precision Drilling Corp. and Vermilion Energy Inc. were among the Canadian energy firms to cut capital budgets for next year, in addition to Trilogy Energy Corp. , which is also halted its dividend "given the current market environment."
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Energy stocks punished on Toronto market as oil prices continue to plunge
2014-12-08 23:38:09| Energy - Topix.net
There were more signs of belt-tightening in the oilpatch Monday, as oil prices continued their downward slide and energy stocks were pummelled. Precision Drilling Corp. and Vermilion Energy Inc. were among the Canadian energy firms to cut capital budgets for next year, in addition to Trilogy Energy Corp. , which is also halted its dividend "given the current market environment."
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Plunging Oil Prices Won't Kill Clean Energy Push
2014-12-02 11:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: While OPEC is helping drive down global oil prices, its having less success squeezing the $250 billion green energy industry. Clean power will receive almost 60 percent of the $5 trillion expected to be invested in new power plants over the next decade, according to the International Energy Agency. Thats because the U.S., China, Japan and the European Union are all pushing for global limits on greenhouse gases and promoting alternatives to fossil fuels. The effort has resulted in local and national...
Superior Energy Services (SPN) Stock Hits One-Year Low as Oil Prices Sink to Five-Year Low
2014-12-01 22:53:26| Chemicals - Topix.net
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Plunging crude prices hammer energy companies
2014-11-28 15:13:20| Energy - Topix.net
In this June 12, 2014, aerial photo, an oil well is drilled near Williston, N.D. A decision by OPEC not to cut oil production is hammering major energy companies in the U.S. and abroad. Chevron, ConocoPhillips and Exxon Mobil are down more than 4 percent.
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