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    1. Wall Street Breakfast: Treasury Tightens Rules To Fight Tax Inversions

      Headlines

      Tue, 23 Sep 2014

      By Wall Street Breakfast : Economy Under Treasury Secretary Jack Lew’s crackdown on inversions , the Treasury Department announced new tax rules late yesterday to deter U.S. companies from moving their domicile to countries with lower tax rates. The tax changes make it harder for companies to ...

    2. Sinopec, PetroChina plan to increase shale output by 40%

      Headlines

      Wed, 17 Sep 2014

      Sinopec ( SNP -0.4% ) and PetroChina ( PTR +2% ), China's largest oil and gas producers, plan to increase ..... expects to produce as much as 3.5B cu. meters by 2015, while PTR is targeting output of more than 2.5B cu. meters in 2015 after

    3. The Global Top Oil And Gas Companies By Market Capitalization

      Headlines

      Tue, 16 Sep 2014

      By David Hunkar : The oil and gas industry is the one of the most important industries in many countries. The economies of Middle Eastern countries are based on oil and natural gas. It is also the largest sector of the Russian economy. As a commodity, crude oil prices are volatile and fluctuate ...

    4. Shell trims China shale venture on Sichuan population challenges

      Headlines

      Fri, 5 Sep 2014

      province because of geological challenges and the area’s dense population. Shell, along with China National Petroleum (NYSE: PTR ), had planned billions of dollars in investment to meet the country’s energy demand, but Shell now plans to focus chiefly

    5. Why Is PetroChina Scrambling For Shale?

      Headlines

      Thu, 4 Sep 2014

      By Khuldune Shahid : China's leading oil and gas company PetroChina (NYSE: PTR ) hasn't been doing particularly bad of late. It posted a 15% profit hike in Q2 , taking net profits to 33.9 billion yuan

    6. Athabasca Oil completes $1.18B Dover project sale to PetroChina

      Headlines

      Fri, 29 Aug 2014

      Oil ( OTCPK:ATHOF ) says it has closed the sale of its 40% interest in the Dover oil sands project to PetroChina (NYSE: PTR ) for $1.18B. Delays in completing the transaction have weighed on the stock price, and Athabasca says it can now focus

    7. Sinopec, PetroChina turn upbeat on Chinese shale gas

      Headlines

      Fri, 29 Aug 2014

      energy heavyweights Sinopec (NYSE: SNP ) PetroChina (NYSE: PTR ) have raised their outlook on the country's shale gas industry ..... has been falling steadily to ~60M yuan ($9.8M) per well. PTR Vice Chairman and President Wang Dongjin said the company is

    8. PetroChina says $1.23B payment to Athabasca will be made soon

      Headlines

      Thu, 28 Aug 2014

      ATHOF +3.2% ) jumps after PetroChina ( PTR -1.9% ) President Wang Dongjin says ..... Dover oil sands project will be made soon . PTR was supposed to have completed the acquisition ..... corruption investigation into the company; PTR also was said to want to reduce the amount

    9. PetroChina H1 net profit rises 4%, helped by fuel price reforms

      Headlines

      Thu, 28 Aug 2014

      PetroChina (NYSE: PTR ) says its H1 net profit rose 4% Y/Y ..... expectations. However, H1 operating profit from PTR 's natural gas and pipeline business fell 81% Y/Y to 4.1B yuan, partly because PTR needed to procure expensive natural gas

    10. Wall Street Breakfast: Telefonica, Telecom Italia In Bidding War For Vivendi's GVT

      Headlines

      Thu, 28 Aug 2014

      market, since the new license does not actively pose a threat to China’s Sinopec (NYSE: SNP ) and PetroChina (NYSE: PTR ). Included in its WTO commitments, China allocates about 10% of its crude imports to non-state traders, but additional

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