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Exxon sees abundant oil, gas far into future

2014-12-09 19:51:51| Oil & Gas - Topix.net

North America, once a sponge that sucked in a significant portion of the world's oil, will instead be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to ExxonMobil's annual long-term energy forecast. And the "almost unspeakable" amount of natural gas found in recent years in the U.S. and elsewhere in North America will be enough to make the region one of the world's biggest exporters of that fuel by 2025, even as domestic demand for it increases, according to Bill Colton, Exxon's chief strategist.

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Cramer Sees Strength in Consumer Discretionary Stocks Like Burlington

2014-12-09 19:39:52| Auto Parts - Topix.net

NEW YORK -- While there is some not-so-great news out of certain bank stocks and telecom companies, companies that rely on consumer spending continue to show strength, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio , said on Tuesday. are up 4.7% and made new 52-week highs after reporting impressive earnings results .

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Exxon sees abundant oil, gas far into future

2014-12-09 19:36:09| Energy - Topix.net

North America, once a sponge that sucked in a significant portion of the world's oil, will instead be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to ExxonMobil 's annual long-term energy forecast. And the "almost unspeakable" amount of natural gas found in recent years in the U.S. and elsewhere in North America will be enough to make the region one of the world's biggest exporters of that fuel by 2025, even as domestic demand for it increases, according to Bill Colton , Exxon's chief strategist.

Tags: future gas oil sees

 

Asos sees 'challenging' trade

2014-12-09 09:22:50| BBC News | Business | UK Edition

Online fashion retailer Asos has reported a rise in sales in what the company described as a "challenging" environment.

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Textron Aviation sees piston-powered opportunities in Middle East

2014-12-09 00:42:47| Airlines - Topix.net

In a Middle East aviation market dominated by large-cabin, long-range business jets, Textron Aviation believes it can find ample opportunities for some of its smaller piston-powered products in the region. Wichita-based Textron Aviation - the division of Textron Inc. created by the merging of Cessna Aircraft Co.

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