Warning: array_map(): Argument #2 should be an array in /opt/bitnami/apps/wordpress/htdocs/wp-content/themes/freshnews/functions.php on line 46

Warning: implode(): Invalid arguments passed in /opt/bitnami/apps/wordpress/htdocs/wp-content/themes/freshnews/functions.php on line 46
Oil Watchdog | Archive | Natural Gas

RSS feed for this sectionArchive | Natural Gas

Oil gushes past $100

20. February 2008

1 Comment

Oil gushes past $100

Los Angeles Times February 20, 2008 by Elizabeth Douglass & Tom Petruno, Times Staff Writers Oil gushes past $100 The price of crude rises $4.51 to a closing record of $100.01 as commodities rally The petroleum world produced a record Tuesday, which was bad news for consumers. Frenzied trading sent crude oil surging above $100 […]

Continue reading...

Press Release

Gamblers Get Their $100 Oil

CONTACT:

19. February 2008

Gamblers Get Their $100 Oil

2-19-08 by dugan   If I told you that Venezuela’s crackpot leader Hugo Chavez is responsible for crude oil hitting $100 a barrel in futures trading today, would you believe me? I hope not. But the speculators who drove up the price are pointing wildly at Chavez’s spat with Exxon, at a refinery fire in […]

Continue reading...

Exxon's $40.6 billion record

2. February 2008

140 Comments

Exxon's $40.6 billion record

The New York Times February 2, 2008 by JAD MOUAWAD Exxon Sets Profit Record: $40.6 Billion Last Year By any measure, Exxon Mobil’s performance last year was a blowout. The company reported Friday that it beat its own record for the highest profits ever recorded by any company, with net income rising 3 percent, to […]

Continue reading...

Chevron's $18.7 billion profit

2. February 2008

243 Comments

Chevron's $18.7 billion profit

The San Francisco Chronicle February 2, 2008 by David R. Baker, Chronicle Staff Writer Chevron posts record $18.7 billion profit Soaring oil prices lifted Chevron Corp.’s annual profit to $18.7 billion in 2007, the fourth consecutive year that the San Ramon company made record amounts of money. Chevron, America’s second-largest oil company, reported Friday that […]

Continue reading...

Exxon & Chevron see profits soar

2. February 2008

6 Comments

Exxon & Chevron see profits soar

Los Angeles Times February 2, 2008 by Elizabeth Douglass, Times Staff Writer Exxon and Chevron both see profits soar ExxonMobil Corp. shattered its own record as the world’s most profitable publicly traded corporation, as rising oil prices helped the company bring in better-than-ever income and revenue for the fourth quarter and 2007. Irving, Texas-based Exxon’s […]

Continue reading...

Chevron Powers Profitable 2007

2. February 2008

2 Comments

Chevron Powers Profitable 2007

Contra Costa Times (Walnut Creek, California) February 2, 2008 by George Avalos, Contra Costa Times Chevron powers to profitable 2007: Increased revenues from higher oil prices set annual record, dwarf setbacks in refining and service station operations Walnut Creek, CA — Chevron Corp. powered to record profits in 2007 of more than $18 billion and […]

Continue reading...

Exxon shatters profit records

1. February 2008

1 Comment

Exxon shatters profit records

CNNMoney.com February 1, 2008 by David Ellis, CNNMoney.com staff writer Exxon shatters profit records ExxonMobil made history on Friday by reporting the highest quarterly and annual profits ever for a U.S. company, boosted in large part by soaring crude prices. Exxon, the world’s largest publicly traded oil company, said fourth-quarter net income rose 14% to […]

Continue reading...

Oil prices help Exxon & Chevron

1. February 2008

25 Comments

Oil prices help Exxon & Chevron

Associated Press February 1, 2008 by JOHN PORRETTO, AP Business Writer Rising oil prices help Exxon Mobil, Chevron to record profits HOUSTON, TX — Suppose Exxon Mobil decided to return the favor and buy you a tank of gas. Then again, why stop there? The oil giant turned a profit last year fat enough to […]

Continue reading...

Press ReleaseNews Clipping

Exxon's Terrorism Card

CONTACT:By

30. December 2007

Exxon's Terrorism Card

12-30-07 by dugan   The story sounds familiar: Rural villagers in an unsettled part of the world accuse a big U.S. oil company of supporting and abetting the atrocities of government soldiers. It could be Shell or Chevron in Nigeria or Unocal (now Chevron) in the former Burma. But the court action this week was […]

Continue reading...

Press Release

$100 Oil in the Gambling Hall

CONTACT:

26. November 2007

1 Comment

$100 Oil in the Gambling Hall

11-25-07 by dugan   Way back in autumn of 2004, Hurricane Ivan hit the Gulf of Mexico and U.S. crude oil prices briefly topped $50 a barrel as offshore drilling platforms were rattled. Even then, a few experts called the price spike absurd. "It is speculation, pure speculation," said one well-regarded oil analyst, Fadel Gheit […]

Continue reading...