Oil and Energy

Nordic American Tanker Shipping Limited (NYSE: NAT) Provides Update on Delayed Delivery of Suezmax Newbuilding; Fleet Expansion Program Continues

Williams Companies , an integrated natural gas firm, showed strong profits in the second quarter of 2010 as a result of improvements in product margins and prices, despite a dip in natural gas production. Net income for the quarter stood at $185 ...

Xcel Energy reported strong earnings results for the company's second quarter of the 2010 fiscal year. Net income was $140 million, up 20% from the same quarter of the previous year. Xcel President and Chief Operating Officer Benjamin Fowke III ...

Huaneng Power International, Inc. is pleased to announce that a 600MW domestic ultra-super-critical coal-fired generating unit at Fujian Fuzhou Power Plant Phase III has recently completed the 168-hour trial run.

Seadrill has been awarded a six months contract extention for the ultra-deepwater semi-submersible drilling rig West Hercules by Husky Oil China Ltd. The estimated value of the contract extention is approximately US$90 million. The extention ...

Petrominerales Ltd. , a 66% owned subsidiary of Petrobank Energy and Resources Ltd. , is pleased to announce that Amarillo-1 will be cased as a potential oil well.

Black Hawk Exploration, Inc. , announces completion of the early segments of the Phase 2 exploratory drill program at its Dun Glen gold and silver property. Samples have been submitted to ALS Chemex for gold and silver analysis and pending initial ...

Earlier this week, a Howrey team secured two victories for its long-time client, Smith International. First, on July 26, the European Commission announced that it had cleared the proposed $11+ billion combination of Schlumberger and Smith ...