John W. Snow Elected to Marathon Oil Board of Directors
Houston, TX September 28, 2006 6:35 AM ET
- Marathon Oil Corporation (NYSE:MRO) announced today that former U.S. Treasury Secretary John W. Snow has been elected to the Company's board of directors, effective...
Chesapeake Energy Elects to Shut-in Some of Its Near-Term Natural Gas Production
Oklahoma City, OK September 28, 2006 6:15 AM ET
- Chesapeake Energy Corporation (NYSE:CHK) today announced that it has elected to shut-in a portion of its unhedged near-term natural gas production in light of currently...
OPEC Basket Price up $0.04, at $55.90
Houston, TX September 28, 2006 6:06 AM ET
- The price of the OPEC basket of eleven crudes stood at $55.90 per barrel on Wednesday, compared with $55.86 on Tuesday, September 26, according to OPEC Secretariat...
NYMEX Petroleum Contracts up Sharply Despite Bearish EIA Report
Houston, TX September 27, 2006 4:01 PM ET
- The NYMEX November crude and October gasoline and heating oil contracts closed sharply higher today despite a very bearish inventory report for the week ending...
OPEC Speculation Outweighs Bearish EIA Report
New York, NY September 27, 2006 11:42 AM ET
- Upon release of the Energy Information Administration's inventory report for the week ending September 22, the market reversed and all contracts fell into the red. The...
U.S. Records First Increase in Proved Oil Reserves in Three Years
Washington, DC September 27, 2006 10:03 AM ET
- For the first time in three years, proved crude oil reserves in the U.S. in 2005 have increased, according to an announcement by the Department of Energy/Energy...
NYMEX Complex to Open Higher, Short-covering Cited
Houston, TX September 27, 2006 8:58 AM ET
- The NYMEX November crude and October gasoline and heating oil contracts are expected to open higher versus yesterday's settlements with short-covering cited as the main...
OPEC Basket Price up $0.94, at $55.86
Houston, TX September 27, 2006 7:47 AM ET
- The price of the OPEC basket of eleven crudes stood at $55.86 per barrel on Tuesday, compared with $54.92 on Monday, September 25, according to OPEC Secretariat...
BP Acquires North Sea Acreage
Houston, TX September 27, 2006 7:37 AM ET
- On Tuesday, September 26, BP announced that it has reached agreement to acquire acreage interests from Chevron in the UK Central North Sea containing the Arundel and...
NYMEX November Crude, October Gasoline down, Heating Oil up
Houston, TX September 26, 2006 3:50 PM ET
- The NYMEX November crude and October gasoline contracts closed today's trading session down while the October heating oil contract settled higher. The crude and...
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