Posted by Reuters: Business News on January 31, 2012
(Reuters) – Exxon Mobil Corp reported quarterly earnings that narrowly beat expectations, on higher oil prices and asset sales of about $1 billion, but the company’s shares dropped nearly 2 percent as its oil and gas production fell short of estimates.
Posted by The Distressed Debt Report on December 16, 2011
Delta Petroleum, a Denver-based oil and gas production company, filed for Chapter 11 bankruptcy afte…
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Posted by The PIPEs Report on November 28, 2011
Oil and gas producer Sun River Energy has recently been trying to raise $39 million to fund its dril…
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Posted by Reuters: Business News on November 24, 2011
(Reuters) – A consortium led by private equity firm KKR & Co clinched a deal to buy oil and gas group Samson Investment Co for $7.2 billion, KKR said on Wednesday.
Posted by Reuters: Business News on October 27, 2011
LONDON (Reuters) – Royal Dutch Shell Plc and Norway’s Statoil reported big jumps in profits on Thursday, driven mainly by higher oil and gas prices with help from increased production.
Posted by admin on August 19, 2011
Petron Energy II, a Dallas-based oil and gas exploration company, purchased 98.9% of the shell compa…
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Prism Corp., a Tulas, Okla.-based oil and gas company, is negotiating a reverse merger with shell c…
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Posted by Reuters: Business News on August 18, 2011
NEW YORK (Reuters) – Exxon Mobil Corp sued the government to reverse a decision by the Department of the Interior to cancel offshore oil and gas leases estimated to yield tens of billions of dollars of oil.
Posted by admin on May 17, 2011
Citadel Exploration, an Ojai, Calif.-based oil and gas exploration and production company, has gone…
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Posted by Reuters: Business News on March 1, 2011
MILAN (Reuters) – Global oil and gas companies still need to do more to help stamp out corruption in the countries where they operate despite improvements in their anti-corruption programs, a report…
