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Overall number of U.S. oil rigs drops by 6; but Louisiana gains 3
2015-05-16 10:46:21| Oil & Gas - Topix.net
Oilfield services company Baker Hughes Inc. said the number of rigs exploring for oil and natural gas in the U.S. declined by six this week to 888. Houston-based Baker Hughes said Friday that 660 rigs were seeking oil and 223 explored for natural gas.
Tags: number
oil
louisiana
gains
European Commission Drops Demand to Slash Fossil Fuel Subsidies
2015-05-14 14:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Inside Climate: The European Commission removed calls to end subsides for fossil fuels in its yearly audit of 26 economies on Wednesday, raising questions over its commitment to addressing climate change. Last year, the EUs executive arm told Italy to remove environmentally harmful subsidies and ordered France and Belgium to phase out grants in their extracting of coal, oil and gas. Eight countries were urged to start taxing pollution, and 17 to boost renewables, electric grids and energy efficiency. But...
Tags: european
commission
demand
fuel
Bjorn Borg Q1 profit drops to SEK14.9m
2015-05-12 18:33:00| Daily apparel & textile news and comment - from just-style.com
Swedish underwear brand Björn Borg has seen its first-quarter profit decline, hurt by currency effects, lower sales and weaker comparisons compared to last year.
Price of Chinese Farm Produce Drops Slightly
2015-05-12 02:00:00| ThePigSite - Industry News
CHINA - The price of farm Chinese produce continued to fall last week according to a survey of 36 medium and large sized cities carried out by the Ministry of Commerce.
Tags: price
produce
chinese
slightly
Exxon Mobil (XOM) Stock Drops as Oil Prices Fall in Trading
2015-05-11 21:05:32| Chemicals - Topix.net
Over the weekend the company's "outperform" rating was reiterated by analysts at RBC Capital who also raised the company's price target slightly to $100 from $98. Crude prices have rallied over 40% from its lows in recent weeks as the rise in global supplies have tapered over the past few months.
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