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  1. NHC says still 20 percent chance of cyclone over Gulf of Mexico

    Headlines

    Wed, 27 Aug 2014

    (Reuters) - A weak low-pressure area located over the northwestern Gulf of Mexico still has a 20 percent chance of becoming a tropical cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Wednesday.

  2. Wall Street Breakfast: Amazon Agrees To Purchase Twitch For $970M

    Headlines

    Tue, 26 Aug 2014

    solution remain slim. District Judge Gray Miller has thrown out an order to seize the tanker still anchored in the Gulf of Mexico carrying $100M worth of Kurdish crude. The high-stakes dispute has heated up over the past month, bringing to

  3. U.S. court throws out order to seize tanker carrying Kurdish crude

    Headlines

    Tue, 26 Aug 2014

    Gray Miller has thrown out an order to seize the tanker carrying $100M worth of Kurdish crude still anchored in the Gulf of Mexico . The high-stakes dispute has heated up over the past month, bringing to the forefront Iraqi Kurdistan's right

  4. Judge tosses lawsuit claiming BP misled regulators about Gulf platform

    Headlines

    Mon, 25 Aug 2014

    256B lawsuit against BP have no facts to back up their claim that the company misled regulators about the safety of a Gulf of Mexico deepwater production platform, a U.S. District judge ruled late last week in throwing out a five-year-old lawsuit

  5. New Morningstar Analyst Report for Subsea 7 SA

    Stock Reports

    Mon, 25 Aug 2014

    performing heavy lifting, as well as a number of fabrication yards and spoolbases located in West Africa, Brazil, the Gulf of Mexico , and the North Sea regions. At the end of 2013 the firm employed a workforce of more than 14,000. The greatest risk

  6. Kurdish crude oil status to be determined today

    Headlines

    Fri, 22 Aug 2014

    head today, as the high-stakes dispute over a tanker carrying 1M barrels of Kurdish crude still situated in the Gulf of Mexico will be determined by a federal court in Texas. The ruling will define the status of importing the controversial crude

  7. Apache Corp: Shifting To Onshore Production For Good Reason

    Headlines

    Thu, 21 Aug 2014

    the company might sell assets that are out of favor for assets in favor. The recent decision to dump the deepwater Gulf of Mexico assets for a focus on onshore shale plays is a concern for Apache Corp. (NYSE: APA ) investors though the company

  8. Western Gulf lease sale draws $110M in high bids, Conoco wins coveted block

    Headlines

    Wed, 20 Aug 2014

    ConocoPhillips ( COP +0.7% ) beat out BP ( BP -0.1% ) to win one of the most contested tracts of today's western Gulf of Mexico lease sale, entering the event's highest apparent bid of $16.7M for Alaminos Canyon block 431. However, BP

  9. Apache - Divesting To Grow

    Headlines

    Wed, 20 Aug 2014

    include the selling of non-core Argentinean assets for approximately $800 million, the selling of assets in the Gulf of Mexico for $3.75 billion and the selling of Egyptian oil and gas assets for $3.1 billion. By divesting riskier foreign

  10. Woodside reports record H1 profit, eyes M&A opportunities

    Headlines

    Wed, 20 Aug 2014

    exploration basins in frontier markets. Underlying profit, which stripped out losses linked to an asset sale in the Gulf of Mexico , jumped 33% Y/Y to $1.14B, in line with analyst forecasts. H1 revenues rose 24% Y/Y to $3.55B, helped

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