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Tag: oil prices
Stocks fall as slump in oil prices weigh down energy shares
2015-01-13 14:23:59| Jewelry - Topix.net
U.S. stocks fell as the continuing sell-off in crude pulled down energy shares before the start of corporate earnings. Energy shares tumbled 2.8%, the most among 10 groups in the S&P 500, as crude dropped 4%.
Rigzone survey reveals concerns over oil prices impacting offshore exploration
2015-01-13 01:00:00| Offshore Technology
A survey by Rigzone has found that 68% of oil and gas professionals in Scotland and the North Sea region are concerned about the potential impact of current oil prices on offshore exploration in the next five years.
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Despite falling oil and gas prices, Alaska LNG project on track
2015-01-12 06:43:40| Oil & Gas - Topix.net
Collapsing oil prices have delayed at least two North American liquefied natural gas export projects, but they haven't stopped Alaska's massive LNG venture in part because of its size, projected timelines and a partnership involving some of the world's largest companies, officials said. "Our mission hasn't changed, and to my knowledge none of the investing companies are looking to change that at this time either," said Steve Butt, senior manager for Alaska LNG and an Exxon employee.
Lower oil prices could fuel new hiring
2015-01-11 16:03:55| Auto Dealers - Topix.net
In June, when oil cost $107 a barrel, U.S. employers added a healthy number of jobs - 267,000. Now, with oil below $50, hopes are rising that hiring in the United States is poised to intensify.
ConocoPhillips (COP) Stock Falling in After-Hours Trading as Oil Prices Continue Decline
2015-01-10 13:22:58| Oil & Gas - Topix.net
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