If Brent, the international crude standard, hangs around $60 a barrel for much longer, oil producers in the United States and elsewhere in the western world will probably have to make deeper cuts. More »
e funds boosted net-long positions on West Texas Intermediate crude by 30 percent in the seven days ended April 7, the biggest jump since October 2010, U.S. Commodity Futures Trading Commission data show More »
Private equity firm EnCap Investments has closed its tenth energy fund with $6.5 billion to back North American oil and gas producers, the latest firm to collect billions to pump into the shale business. More »
The goal is to build a supercomputer that will help the U.S. compete internationally with other next-generation computing efforts and ensure the United States’ economic and national security, agency officials said. More »
Ten benchmark Dutch stocks, or just under half the 25 spots that make up the Amsterdam Exchanges Index, have been acquired since 2007, when ABN Amro Holding NV was snapped up for $100 billion by a consortium led by Royal Bank of Scotland Plc. More »
In his first public comments addressing the April 2 pact was outlined in Lausanne, Switzerland, Khamenei said on Thursday he was “neither for it, nor against it,” according to a report by the official Islamic Republic News Agency. More »
Corporate dealmakers and analysts say they doubt it’s a sign that a new wave of oil and gas deals like the spending spree of the late-1990s is just around the corner, especially among financially healthy U.S. oil producers. More »
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