Shale Oil News

Coast Guard searching for missing medical plane

The Coast Guard is searching for an aircraft carrying three people that disappeared about 20 miles west of Kake, Alaska on Tuesday. Coast Guard Sector Juneau watchstanders received a warning from the Sitka Flight Service Station that a twin-engine Guardian King Air 200 medical flight was due to land at the village of Kake…

J M Smucker Co (SJM) Expected to Announce Earnings of $2.03 Per Share

Analysts expect J M Smucker Co (NYSE:SJM) to post earnings per share of $2.03 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for J M Smucker’s earnings. The highest EPS estimate is $2.05 and the lowest is $2.00. J M Smucker reported earnings of $2.50 per share during the same quarter last year…

Green campaigners condemn disgraceful North Sea gas discovery hailed as biggest in a decade

Green campaigners have been left dismayed as a Chinese firm announced the discovery of the biggest gas field in the North Sea for more than a decade.Drilling revealed gas reserves equivalent to 250 million barrels of oil, which could go a long way to supplying the UKs demand.But with the nation facing strict targets to cut greenhouse gas emissions under the Paris climate agreement…

Engineers program marine robots to take calculated risks

We know far less about the Earths oceans than we do about the surface of the moon or Mars. The sea floor is carved with expansive canyons, towering seamounts, deep trenches, and sheer cliffs, most of which are considered too dangerous or inaccessible for autonomous underwater vehicles (AUV) to navigate.But what if the reward…

DHT Holdings Inc. (DHT) and Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Comparison side by side

DHT Holdings Inc. (NYSE:DHT) and Seanergy Maritime Holdings Corp. (NASDAQ:SHIP), both competing one another are Shipping companies. We will contrast their risk, analyst recommendations, institutional ownership, profitability, dividends, earnings and valuation. Earnings & ValuationGross RevenuePrice/Sales RatioNet IncomeEarnings…

Financial Contrast: Ship Finance International (SFL) and Scorpio Bulkers (NYSE:SALT)

Ship Finance International (NYSE:SFL) and Scorpio Bulkers (NYSE:SALT) are both small-cap transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, risk, profitability, valuation, dividends, institutional ownership and analyst recommendations.

The Trump Rollbacks On Fossil Fuel Industry Regulations Carry A Steep Cost

In this May 2016, photograph, a pump jack works off state Highway 119 near Firestone, Colo. (AP Photo/David Zalubowski, file)As the Trump administration rolls back environmental and safety rules for the energy sector, government projections show billions of dollars in savings reaped by companies will come at a steep cost: more premature deaths and illnesses from air pollution…
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As United Health Group (UNH) Market Value Rose, Shareholder Ami Investment Management Lowered Its St

Segment Wealth Management Llc increased its stake in Marathon Pete Corp (MPC) by 356.76% based on its latest 2018Q3 regulatory filing with the SEC. Segment Wealth Management Llc bought 31,113 shares as the company’s stock declined 26.02% with the market. The institutional investor held 39,834 shares of the integrated oil company at the end of 2018Q3…

DHT Holdings, Inc. (NYSE:DHT) to announce fourth quarter 2018 results on Wednesday February 6, 2019

HAMILTON, BERMUDA, January 29, 2019 - DHT Holdings, Inc. (NYSE:DHT) will release its fourth quarter 2018 results after market close on Wednesday February 6, 2019.The company will host a conference call and webcast which will include a slide presentation at 8:00 a.m. EST/14:00 CET on Thursday February 7, 2019 to discuss the results for the quarter.

Maritime ll contribute 10% to GDP, says Peterside

THE Federal Government, yesterday projected a 10 per cent growth in the maritime industry. This was contained in the 2019/2020 maritime forecast unveiled by the Nigerian Maritime Administration and Safety Agency (NIMASA) in Lagos.The forecast, the second in the series, tagged: Harnessing the maritime and shipping sector for sustainable growth…

Ship Finance International (SFL) & Scorpio Bulkers (NYSE:SALT) Critical Contrast

Ship Finance International (NYSE:SFL) and Scorpio Bulkers (NYSE:SALT) are both small-cap transportation companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations. Volatility and RiskShip Finance International has a beta of 1.3…

CNOOC plans new wind farm

China National Offshore Oil Corp, a leading domestic oil and gas producer, will expand its presence in the offshore wind sector this year to develop its clean energy portfolio, following its involvement in a related project in East China's Jiangsu province in January.The offshore wind sector aligns with the company's overall business…

Reviewing Navios Maritime Acquisition Corporation (NNA)'s and Scorpio Bulkers Inc. 7.5 SR NT 19 (NYS

We are comparing Navios Maritime Acquisition Corporation (NYSE:NNA) and Scorpio Bulkers Inc. 7.5 SR NT 19 (NYSE:SLTB) on their profitability, analyst recommendations, risk, institutional ownership, dividends, earnings and valuation. They both are Shipping companies, competing one another. Earnings and ValuationGross RevenuePrice/Sales…

Democrats Probe Trump Favoritism of Oil Industry in Shutdown

(Bloomberg) -- Lawmakers are intensifying their scrutiny of the Interior Departments decision to keep churning out drilling permits and restart work on offshore oil leasing despite the government shutdown.At best the activity represents unfair favoritism for the oil industry, Democrats argued Thursday, and at worst its…

Teekay (TK) Upgraded to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Teekay (NYSE:TK) from a sell rating to a hold rating in a report published on Tuesday morning. According to Zacks, “Teekay Shipping Corporation is a leading provider of international crude oil and petroleum product transportation services through the world’s largest fleet of medium size oil tankers.

U.S. judge blocks Atlantic seismic oil permitting during shutdown, Auto News, ET Auto

New Delhi: A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown, dealing a blow Trump administration's energy agenda.Judge Richard Gergel of the U.S. District Court in South Carolina issued the decision in…

Frontline Ltd (FRO) Receives Consensus Rating of “Hold” from Analysts

Frontline Ltd (NYSE:FRO) has been given an average rating of “Hold” by the nine analysts that are presently covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $6.43.

Government Shutdown Takes Toll On Safety

The ability to prevent a catastrophic freight accident took a serious hit during the 35-day partial government shutdown as agencies in Washington, D.C. tasked with regulating safety struggled to operate with limited personnel.President Trump announced today he would reopen the government for three weeks, until February 15, under a continuing resolution until Congress can agree to budget deal.

China's CNOOC boosts spending target to highest in five years

BEIJING/SINGAPORE, Jan 23 (Reuters) - China’s state-owned offshore oil and gas producer CNOOC Ltd set its highest capital expenditure target since 2014, responding to the government’s call for oil companies to build up the nation’s petroleum output and reserves. The company plans to spend 70 billion to 80 billion yuan ($10.3 billion to $11.8 billion) on exploration and production…

Decommissiong UK offshore oil and gas rigs to cost taxpayer £24bn

Decommissioning the UK’s offshore oil and gas infrastructure will cost taxpayers an estimated £24 billion over the next 45 years, according to a new report from the UK’s National Audit Office.However, the government spending watchdog has warned that putting an exact price tag on the work is not possible.There are currently around 320 fixed installations such as oil platforms in the UK…