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Ask Matt: Are 'big oil' stocks worth a shot?
2015-08-03 13:42:40| Oil & Gas - Topix.net
Q: Are 'big oil' stocks worth a shot? A: Depressed oil prices are clobbering big oil companies. Oil prices and energy stocks will bounce back - but timing the recovery of crude has eluded many a speculator.
Oil borrows big in bust
2015-07-13 06:05:02| Energy - Topix.net
The lending spree that accompanied the U.S. oil boom has accelerated even as crude prices have plunged to half what they were a year ago. Since last fall U.S. oil companies have borrowed tens of billions of dollars through bank loans and bonds issues, pushing back the deadlines on when they have to pay their existing debts.
Oil borrows big in bust
2015-07-13 04:19:39| Oil & Gas - Topix.net
The lending spree that accompanied the U.S. oil boom has accelerated even as crude prices have plunged to half what they were a year ago. Since last fall U.S. oil companies have borrowed tens of billions of dollars through bank loans and bonds issues, pushing back the deadlines on when they have to pay their existing debts.
Big oil split over climate-change risk as Paris talks loom
2015-06-08 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Telegraph: One scene stands out more than any other from the Opec International Energy Seminar last week, which attracted the cream of the global oil industrys executive leadership. When the audience of well over 300 delegates, gathered in Viennas splendid Hofburg Palace, were asked in a show of hands whether they believed that the Paris Climate Conference talks also known as COP 21 and due to be held later this year will achieve a binding agreement to limit global warming to below 2C, no one in the...
Big Oil becomes Big Gas as climate threat spurs tussle with coal
2015-06-03 10:39:10| Oil & Gas - Topix.net
Oil companies that have pumped trillions of barrels of crude from the ground are now saying the future is in their other main product: natural gas, a fuel they're promoting as the logical successor to coal. With almost 200 nations set to hammer out a binding pact on carbon emissions in December, fossil-fuel companies led by Royal Dutch Shell PLC and Total SA say they're refocusing on gas as a cleaner alternative to the cheap coal that now dominates electricity generation worldwide.
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