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20 MINS AGO - Forbes

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Can Crude Turn in the 2nd Quarter?

The 1st quarter ended with a whimper as the Dow Industrials closed the quarter lower while the S&P 500 and Nasdaq Composite were higher for the ninth consecutive quarter. The Dow Transports and oil service stocks held up better than the overall market. The daily technical studies turned lower with Tuesday’s close as the market internals were slightly negative. The ...

Tags: Can Crude Turn in the 2nd Quarter?,  Energy Latest News

41 MINS AGO - New York Post

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Getty heir found dead in Hollywood with ‘rectal injury’

A grandson of billionaire energy mogul J. Paul Getty was found dead Tuesday in his LA home with a rectal injury, according to a report. Police responding to a 911...

Tags: Getty heir found dead in Hollywood with ‘rectal injury’,  Energy Latest News

5 HOURS AGO - San Francisco Chronicle

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Albanian authorities evacuate village after oil well blast

A statement from the Calgary-based Bankers Petroleum Ltd. said an "uncontrolled leak of natural gas occurred during drilling operation" Wednesday in Marinze, 130 kilometers (80 miles) south of the capital Tirana. Energy Ministry spokesman Dardan Malaj said some residents were refusing to leave their homes.

Tags: Albanian authorities evacuate village after oil well blast,  Energy Latest News

10 HOURS AGO - Forbes

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Four Reasons To Skip Energy Investments

Where’s the bottom in oil prices and the investments in the Energy sector? One investor, David Kotok, Chairman of Cumberland Associates is underweight the Energy sector for as he believes it has more risk than reward. Energy stocks could rally over the short term with event-driven events that change the supply and [...]

Tags: Four Reasons To Skip Energy Investments,  Energy Latest News

15 HOURS AGO - San Francisco Chronicle

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Arctic drilling rights OKd for Shell Oil

WASHINGTON — The Obama administration on Tuesday reaffirmed a 2008 government auction of Arctic drilling rights over objections from environmentalists, delivering a major victory to Shell Oil Co. as it seeks to resume exploratory drilling in the Chukchi Sea this summer. In validating the 7-year-old auction, Interior Secretary Sally Jewell stressed that the Arctic “is an important component of the ...

Tags: Arctic drilling rights OKd for Shell Oil,  Energy Latest News