Integrated Oil & Gas

China Petroleum & Chemical Corporation (NYSE: SNP) and Australia Pacific LNG Pty Ltd today signed a Sale and Purchase Agreement for the supply of 4.3 million tonnes per annum of LNG for 20 years from Australia Pacific LNG's world-class coal seam gas resources and proposed LNG facility on Curtis...

Apple (AAPL) earnings surpassed expectations- AAPL is trading higher by 1.41 percent to $342.61 in pre-market trading. Over the last 52 weeks the stock has ranged from a low of $199.25 to a high of $364.90. AAPL will report its fiscal-Q2 earnings after today's close. Analysts are expecting the...

BP (NYSE: BP) is suing Transocean (NYSE: RIG) for $40 billion, seeking to recover costs from the Deepwater Horizon disaster that occurred last year. The complaint was filed Wednesday in federal court in New Orleans. BP accuses Transocean of negligence, saying it caused the drilling rig to be "...

BP (NYSE: BP) filed suit against Transocean (NYSE: RIG), the world's largest provider of offshore drilling services, today in New Orleans federal court, seeking damages of at least $40 billion while saying the Swiss company is to blame for the Gulf of Mexico oil spill. BP, Europe's second-largest...

Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) led the gainers among the ETFs on Wednesday, with an increase of 12.81%. In the semiconductor space, Intel Corporation (NASDAQ: INTC) spiked 7.80% on earnings. Direxion Daily Technology Bull 3x Shares (ETF) (NYSE: TYH) gained 7.40% in the...

Targa Resources Corp. (NYSE: TRGP), the owner of the general partner of Targa Resources Partners LP (NYSE: NGLS), announced today that it has priced a secondary offering of 5,650,000 shares of its common stock at $31.73 per share. The underwriters have been granted a 30-day option to purchase up to...

Kenneth Feinberg, the gulf coast claims facility administrator, discusses British Petroleum (NYSE: BP). Feinberg says "has handed out 3.8B since July 2010... over 500,000 people and businesses have filed claims."

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) dropped 9.87% in the regular trading session today, and in the after hours it lost 2.41%. TVIX had a volume of 1.40M traded shares on Tuesday. iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE: BAL) fell 4.49% as cotton futures...

VelocityShares Daily Inverse VIX Short Term ETN (NYSE: XIV) jumped 5.11% on Tuesday, and closed at $152.53. It had a volume of 495K traded shares, and its average volume is 107K shares. Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSE: EDC) gained 3.66% as Petroleo Brasileiro SA (ADR) (...

Targa Resources Corp. (NYSE: TRGP),the owner of the general partner of Targa Resources Partners LP (NYSE: NGLS), announced today that it will commence a secondary offering of 5,650,000 shares of its common stock pursuant to a registration statement on Form S-1 previously filed with the Securities...

The major stock market indexes have all rallied back higher this afternoon as the U.S. Dollar Index(DXY) makes new intra-day lows. When the U.S. Dollar Index declines it will help to inflate most stocks and commodities higher. This inverse correlation to the dollar has been going on for years now....

The next time you're pumping gas into your car, ask the person at the next pump where he or she thinks the oil came from. Odds are good they'll mention some far-flung desert nation like Saudi Arabia or Iraq...and they'd probably be wrong. Canada is the top exporter of oil to the United States,...

Chevron Upstream Europe (NYSE: CVX), a strategic business unit of Chevron's Europe, Eurasia and Middle East (EEME) Operating Company today announced that it has successfully bid for the exploration rights in four blocks awarded in the Norwegian 21st Licensing Round. The blocks are located in the...

In a world where Americans are staring at $5 gallons of gasoline and significant oil reserves are tied up in warring nations, economists are hedging their bets on whether or not the American economy can withstand another rise in energy prices. One company is investing heavily in the idea that it...

Shares of Murphy Oil Corporation (NYSE: MUR) are higher on the session by 0.38%, trading at $73.06. Overall put volume is now running at 2.86x the daily average, with 60% of all puts traded being purchases on the offer. 4,014 contracts have traded on the session so far. Murphy Oil Corporation is...