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noble energy

(Ken Childress/Rosetta Resources)

Rosetta boosts output as board approves merger with Noble

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Rosetta Resources extracted more petroleum than expected in the second quarter, adding to analysts optimism that the company’s assets remain a good buy.
Roughnecks take a break from working the Peterson Drilling Company rig in Carlsbad, New Mexico, February 26, 2000.  (Photo by Joe Raedle)

Oil companies on the lookout for M&A deals as slump lingers, reports say

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With oil prices struggling to rebound to 2014’s highs of $100 per barrel, more exploration and production companies will be on the prowl for deals to fuse together or gobble up competitors, Moody’s said.
A Noble Energy rig off the south coast of Cyprus in the Mediterranean Sea. (AP Photo/Cyprus Press and Information Office, File)

Noble to shutter Rosetta’s headquarters, lay off 65 as two firms merge

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Noble Energy will shutter Rosetta Resources’ headquarters in downtown Houston and lay off at least 65 of its employees as it prepares to acquire the small Houston-based independent producer.
(AP Photo/Lisa Poole, File)

Fortune 500: Oil prices take slight toll on rankings for Houston companies

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Some Houston-based oil and gas companies saw their rankings slip this year after months of low commodities prices hammered the industry.
(Ken Childress/Rosetta Resources)

Noble Energy to buy Rosetta Resources for $2.1 billion

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Noble Energy will buy Rosetta Resources in a $2.1 billion deal that gives Noble a footprint in the Eagle Ford and Permian Basin, two of the largest shale plays in the United States.
Noble Energy will shutter Rosetta Resources' headquarters and lay off at least 65 of its employees as it prepares to buy the company for $2.1 billion.

Noble Energy agrees to settle Colorado air pollution case

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Regulators found the Houston-based company’s oil storage tanks were emitting thousands of tons of volatile organic chemicals a year because of undersized vapor control systems.
Noble Energy will drill exploration wells off the coast of the Falkland Islands, the company announced Wednesday.

Noble Energy doubles down in Falkland Islands

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The Houston-based oil company announced Monday that it has scooped up additional acres offshore the Falkland Islands and plans to start drilling there this year despite opposition from Argentina’s government.
A Noble Energy rig off the south coast of Cyprus in the Mediterranean Sea. (AP Photo/Cyprus Press and Information Office, File)

Noble Energy cuts 220 jobs

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Noble Energy has slashed 220 jobs, the company announced Tuesday, joining a growing list of oil firms trimming their rolls as they struggle to rein in spending amid falling oil prices.
The head office of Statoil in Stavanger, Norway.  (AP Photo / Kent Skibstad, NTB scanpix, File)

Statoil, West Virginia agree on deal for drilling under Ohio River

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The Intelligencer and Wheeling News-Register reports that Norway-based Statoil plans to drill on about 474 acres of state-owned land under the river in Marshall and Wetzel counties.
(AP file photo/Mark Lennihan)

Producers collect $7.8 billion as Wall Street rushes back to oil

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Wall Street investors in the past two months have pumped $7.75 billion into 16 separate stock-market equity fund-raises for oil companies like Noble Energy, Newfield Exploration, Encana Corp. and Oasis Petroleum, according to Tudor, Pickering, Holt & Co. and Credit Suisse.