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Egypt Aims for LNG Import Independence by 2020
Forbes.com - 2/27/2015
Establishing high hopes for Egypt’s domestic energy sector, Oil Minister Sherif Ismail announced that the country intended to be free of LNG imports by no later than 2020 with the help of local field
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Slumping crude leads to first quarterly loss
Nikkei Asian Review - 2/27/2015
SINGAPORE -- Malaysian oil company Petronas on Friday reported a net loss for the three months ended Dec. 31 due to a drop in crude oil prices, spilling red ink for the first time since quarterly disclosures
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Pemex Negotiates Lower Rig Rates as Crude Collapse Hurts Profit
Bloomberg - 2/27/2015
(Bloomberg) -- Petroleos Mexicanos is negotiating reduced rig rates with all of its providers after the state-owned oil producer posted a ninth straight quarterly loss on slumping crude prices. Pemex
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Exxon Settles Lawsuit With New Jersey Over Refinery Pollution
Bloomberg - 2/27/2015
(Bloomberg) -- Exxon Mobil Corp. has reached an agreement with New Jersey Governor Chris Christie’s environmental regulators to settle litigation about pollution released over decades by an oil refinery
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Goodrich Petroleum To Present At Upcoming Conferences
Reuters - 2/27/2015
PR Newswire HOUSTON, Feb. 27, 2015 HOUSTON , Feb. 27, 2015 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the Company's management team will present at the following
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Better fill 'er up now: Gas prices halt freefall
CNBC - 2/27/2015
Adam Jeffery | CNBC A man fills up for under $3 a gallon in Salisbury, Connecticut, on Jan. 1, 2015. It looks like the steep slide in gasoline prices is over, at least for
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Oil storage in US almost full: Pro
CNBC - 2/27/2015
U.S. crude posted its first monthly gain since June on Friday, but one expert warned that storage in the United States is filling up quickly, and that could send oil lower. "We are really close,"
Oil storage in US close to running out: Pro CNBC
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LatAm credits end week better bid as Petrobras recovers
Reuters - 2/27/2015
NEW YORK, Feb 27 (IFR) - Latin American credits ended the week in better shape, with sovereign and corporate bonds enjoying a strong bid as accounts continued to see value in battered Brazilian names.
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Oil Caps First Monthly Gain Since June as U.S. Rig Count Slips
Washington Post - 2/27/2015
(For more on oil’s decline, click EXT5 GO) Drillers in the U.S. cut the number of crude rigs in service to 986 this week, the lowest level since June 2011, according to data from Baker Hughes Inc. Unrest
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CORRECTED-Icahn posts loss as fund hit in 2014 by oil plunge
Reuters UK - 2/27/2015
(Corrects fourth-quarter loss in second paragraph to $478 million, from $384 million) Feb 27 (Reuters) - Billionaire Carl Icahn's publicly traded investment fund posted a loss in 2014, undone by plummeting
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Delfin LNG Teams with Höegh on Floating Gas Liquefaction Port
BusinessWeek - 2/27/2015
- US-based liquid natural gas company Delfin LNG LLC has signed a joint development agreement with Norway-based floating LNG terminal developer Höegh LNG Ltd (Oslo: HLNG) in relation to its US-based
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What is the Delay in U.S. Nat Gas Exports?
Bloomberg - 2/27/2015
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Most in OPEC are Nervy But Saudis Aren't
Forbes.com - 2/27/2015
As Brent slid back below $60 per barrel this week before recovering, non-Arab members of OPEC began their latest round of whining about the oil price accompanied by customary calls for an “extraordinary
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Petrobras Likely to Get Government Support If Needed, Fitch Says
Washington Post - 2/27/2015
(Bloomberg) -- Brazil will probably provide funding to Petroleo Brasileiro SA if the state-controlled oil producer remains unable to borrow from banks or sell bonds amid an ongoing corruption scandal,
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GLOBAL MARKETS-Wall Street falls on mixed data, Nasdaq retreat; oil rebounds
Reuters Africa - 2/27/2015
* European stocks' strongest start of year in decades * U.S. stocks fall in late afternoon, oil settles up * Weak U.S. GDP, consumer sentiment beat forecasts, home sales up (Adds oil
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Petrobras Fallout Says One Good Thing About Brazil
Bloomberg View - 2/27/2015
The stink from Brazil's multi-billion dollar Petrobras scandal is worsening by the week, dragging down the economy  and with it, President Dilma Rousseff's political fortunes. On Feb. 24, for instance,
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GLOBAL MARKETS-Wall Street falls on mixed data, Nasdaq retreat; oil rebounds
Reuters India - 2/27/2015
2:08am IST * European stocks' strongest start of year in decades * U.S. stocks fall in late afternoon, oil settles up * Weak U.S. GDP, consumer sentiment beat forecasts, home sales up (Adds
Wall Street falls on mixed data, Nasdaq retreat; oil rebounds Yahoo! Finance UK and Ireland
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BRIEF: Hundreds of homes without gas, heat in Washington County [Pittsburgh Post-Gazette]
BusinessWeek - 2/27/2015
Feb. 27--More than 500 homes are without heat in California, Pa., as Columbia Gas crews try to hunt down the cause of a service problem reported earlier today, a gas company official said. Crews were
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UPDATE 8-Oil up sharply, posts first monthly gain since June
CNBC - 2/27/2015
* Brent premium over U.S. crude widens to $13 * Brent, US crude, ULSD, RBOB post first monthly gains since June * Baker Hughes data shows pace of rig count drop slows (Rewrites
Oil up sharply, posts first monthly gain since June Firstpost.com
UPDATE 9-Oil up sharply, posts first monthly gain since June Reuters UK
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Brazil ex-presidential candidate Serra proposes partial sale of Petrobras
Fox News Latino - 2/27/2015
Brazilian opposition Sen. Jose Serra, the runner-up in 2002 and 2010 presidential elections, proposed Friday that the government partially break up Petrobras, which is mired in a massive corruption scandal,
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Nasdaq Composite Drops With Tech Shares; Treasuries, Oil Climb
Washington Post - 2/27/2015
(Bloomberg) -- The Nasdaq Composite Index fell, paring a monthly gain, as technology stocks retreated. Treasuries strengthened as investors assessed economic data for clues on the timing of any interest-rate
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Shift from winter means gas prices on the rise [The Pantagraph, Bloomington, Ill.]
BusinessWeek - 2/27/2015
Feb. 27--BLOOMINGTON -- The pain at the pump is coming back, but at least one analyst sees a spike in gasoline prices lasting only a few weeks. "While gas was at $2.11 a gallon at a couple of Bloomington
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Video: Out of oil storage in 6-8 weeks: Pro
NBCNews.com - 2/27/2015
Francisco Blanch, BofA Merrill Lynch, provides an outlook on oil supply and demand. (CNBC)
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Video: WTI posts first monthly gain since June
NBCNews.com - 2/27/2015
CNBC's Jackie DeAngelis reports on factors contributing to oil's upward momentum. (CNBC)
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Video: Cali gas prices hit $3.23
NBCNews.com - 2/27/2015
CNBC's Jane Wells reports gasoline prices have gone up 43 cents since the Exxon refinery explosion in California. (CNBC)
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