Snap news
Breaking pre-market news on Friday,- National Grid loses Long Island Power Authority Management contract — statement.- Sports Direct International decides not to procede...
Snap news
Breaking pre-market news on Tuesday,- UBS Q3 net profit solid at CHF980m despite trading scandal – statement.- BP Q3 RC net profit down 3.7 per cent at $5.14bn on lower...
Snap news
Breaking pre-market news on Monday,- G4S to buy rival ISS for £5.2bn; to be part financed by £2bn rights issue — statement and statement.- BP drops Gulf of Mexico...
Snap news
Breaking pre-market news on Thursday,- Glencore International set to sign $800m-$900m loan deal with Bakrie Group — report.- Ashmore says assets under management fell...
CDS as omens of impending doom: starring Morgan Stanley
Sometimes CDS react violently to sudden events that were unpredictable. Sometimes they react to pure, unadulterated uncertainty and fear. And sometimes, just sometimes, CDS spreads...
Peak Oil – Now or Later? A Response to Daniel Yergin
In a recent article called There Will Be Oil in the WSJ, Daniel Yergin once again attempts to debunk the concept of peak oil and sees global production capacity growing to 110 mmbpd by 2030, followed by slow decline. In this short report I will take a ...
Regulatory arbitrage with Tony & Nat – redux
More on Tony Hayward’s first big oil deal at his new investment vehicle Vallares– the $2.1bn acquisition, via a reverse takeover, of Turkish E&P company Genel Energy....
Snap news
Breaking pre-market news on Monday,- FTSE 100 seen down 84 points – IG Index.- Rio Tinto and Mitsubishi launch $1.5bn buyout offer for Coal & Allied — statement....
Tech Talk – Gulf of Mexico production and hurricanes
The summer brings back hurricane season, with the threat that such storms bring to the oil and gas well operations in the Gulf of Mexico. And the National Oceanic and Atmospheric Administration (NOAA) has noted that
The Atlantic basin is expected to ...
Snap news
Breaking pre-market news on Tuesday,- UBS to cut costs by Sfr1.5bn-2bn; 2012 profit target abandoned — statement.- Q2 results from Deutsche Bank miss forecasts —...
Big Oil break-ups
First Marathon Oil, then ConocoPhillips, next BP?The Lex column doesn’t think further Big Oil break-ups are likely:Whether or not the sum of the parts really is greater than the whole,...
Big Oil break-ups
First Marathon Oil, then ConocoPhillips, next BP?The Lex column doesn’t think further Big Oil break-ups are likely:Whether or not the sum of the parts really is greater than the whole,...
