Isramco shares were 7.2 percent higher
Isramco shares, which have soared 736 percent since the start of the year, were 7.2 percent higher on Wednesday morning compared with declines of over 2 percent in the broader market. for full story, click here
Articles Tagged "price"
Israel natgas shares jump
Shares in Israeli gas exploration companies soared on Wednesday morning, reacting to news from Noble Energy that a natural gas find off Israel’s coast is even larger than originally estimated. For full story, click here
Dana Petroleum gains after operational update
Shares in Dana Petroleum gain 5.1 percent after the oil and gas producer says its average production for 2008 rose 29 percent to 39,400 barrels of oil equivalent per day (boepd), and its 2009 output is likely to be between 37,000 boepd and 41,000 boepd. For full story, click here
ONGC jumped 3.11%
India’s largest oil exploration firm by revenue ONGC jumped 3.11%. For full story, click here
Oil & gas stocks propel Sensex
Key index pivotals surged in afternoon trade, reversing early losses, led by oil & gas shares. For full story, click here
Stocks to watch: ONGC
Oil and Natural Gas Corporation is expected to post a sharp decline in profit for the quarter ended December 2008 as falling crude prices and stagnant output offset gains from a projected drop in the company’s subsidy burden due to discounted crude oil sales to state-run refiners. For full story, click here
Obama ‘Shines’ Natural Gas
In Fitzman vernacular “to shine” means to ignore, blow-off, or “diss”. Which is exactly what Obama did when he delivered his first major policy speech on energy since becoming our Commander-in-Chief: Obama “shined” natural gas. For full story, click here
Natural gas outlook dismal
There is no comfort provided by this update as we expect that the [natural gas] price softness seen in the early stages of 2009 will extend throughout the calendar year, the First Energy Capital analyst wrote in a note to clients For full story, click here
Delmarva seeks natural gas rate reduction
The utility, a subsidiary of Pepco Holdings Inc., has filed a request with the Public service Commission to lower rates for homeowners by 4.8 percent, an average savings of $9.30 a month. For full story, click here
ONGC was up 3.22%
ONGC with a gain of 3.22% was the top Sensex gainers. For full story, click here
