Highlights
A collection of news and information related to Upstream Oil and Gas Activities published by this site and its partners.
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Making sense of office life
The Philadelphia Inquirer"The Org: The Underlying Logic of the Office" by Ray Fisman and Tim Sullivan; Twelve (320 pages, $26.99) Delta Air Lines president Edward H. Bastian had good news for analysts gathered for a recent industry conference sponsored by JPMorgan. The...Tags: Delta Air Lines, Peanut Butter, Al-Qaeda, Butter, Jams and Jellies
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Wall St. to rise at open, Bernanke eyed
ReutersNEW YORK (Reuters) - Stocks were set to rise at the open on Wednesday, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy. Bernanke is expected to strike a dovish tone when he...Tags: Berkshire Hathaway Inc., Corporate Officers, St. Petersburg (Pinellas, Florida), Whole Foods Market, BlackBerry
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Manipulation probe draws attention to oil firms' trading desks
Reuters* Disclosure levels at oil majors lags those of secretive traders * Risk appetite bigger at top Wall Street banks * Pressure for stricter oversight rises both in US, EU By Dmitry Zhdannikov and Claire Milhench LONDON, May 22 (Reuters) - Europe's...Tags: Crime, Law and Justice, Glencore International AG, Energy, Market and Exchange, Justice System
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Turkey eyes oil, gas deals with Iraqi Kurdistan in 2013
ReutersANKARA, May 22 (Reuters) - Turkey is looking to sign commercial contracts this year with Russian and U.S. companies operating in northern Iraq for joint oil and gas exploration, Turkish Energy Minister Taner Yildiz told Reuters. "We are likely to be...Tags: Iraq, Turkey, Ankara (Turkey), Petroleum Industry, Barack Obama
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Indonesia re-arrests Chevron exec amid tension with Big Oil
ReutersBy Fergus Jensen JAKARTA, May 22 (Reuters) - Authorities have bypassed a court order and re-arrested an executive at Chevron Corp's Indonesian unit in a graft case that highlights growing tension with big oil companies in a country struggling to...Tags: Prosecution, Chevron Corportion, Police Arrests, Justice and Rights, Crime, Law and Justice
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Azeri SOCAR to borrow $20 billion to boost exports to Europe
ReutersBAKU (Reuters) - Azeri state energy firm SOCAR plans to borrow more than $20 billion over the next five years to finance energy projects to help boost gas exports to Europe, a challenge to plans by neighboring Russia. SOCAR, one of the world's oldest oil...Tags: Investments, World Bank Group, Credit Ratings, Turkey, Moscow (Russia)
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GLOBAL MARKETS-Shares edge higher but crude oil weakens
Reuters* Investors looking for clarity on Fed stimulus program * Dollar index firmer, but down from near 3-year high * Yen dips after Japanese minister says seeks 'balance' for currency * Commodities fall, gold and oil weaker on the day By Ryan Vlastelica...Tags: Charles Evans, The Home Depot, Metal, Finance, Foreign Exchange Market
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White House threatens veto of bill to bypass Obama on Keystone
ReutersBy Ros Krasny WASHINGTON, May 21 (Reuters) - The White House has threatened to veto legislation pending in the U.S House of Representatives that could strip from President Barack Obama the authority to approve the controversial Keystone XL pipeline. The...Tags: U.S. Department of State, Global Warming, U.S. Army, Environmental Issues, Politics
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Trans Mountain oil pipeline apportioned for June
ReutersMay 21 (Reuters) - Kinder Morgan Energy Partners LP said on Tuesday that shippers on its routinely overbooked Trans Mountain oil pipeline system between Alberta and the Pacific Coast will be limited to only 37 percent of their hoped-for volumes in June....Tags: Kinder Morgan Incorporated, Energy Partners Limited
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NYMEX-Oil prices drop below $96 after gasoline stocks jump
ReutersPERTH, May 22 (Reuters) - U.S. crude futures prices fell below $96 a barrel on Wednesday after an unexpected increase in U.S. gasoline stockpiles ahead of the summer driving season in the world's largest oil consumer. FUNDAMENTALS * U.S. July oil...Tags: Japan, S&P 500, American Petroleum, Money and Monetary Policy, Central Bank
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Shell says hunt for new CEO is underway
ReutersTHE HAGUE (Reuters) - The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group's annual shareholder meeting. Voser announced his...Tags: Corporate Officers, Deutsche Bank AG, Politics, Petroleum Industry, Royal Dutch Shell Plc
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South Sudan cuts oil output citing problem with exports to Sudan
ReutersJUBA/KHARTOUM (Reuters) - South Sudan has almost halved its oil production due to a problem with oil exports to Sudan, it said on Tuesday, adding it suspected its rival had closed the cross-border pipeline in a possible sign of new friction between the...Tags: Sudan, Unrest, Conflicts and War, Petroleum Industry, Wars and Interventions
May 22, 2013
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May 22, 2013
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