BP (NYSE:BP)- Latest reports show that co.’s integrity tests show that no oil is leaking into the Gulf. However co. says to monitor pressure and that it is too early to say if oil leak will re...

Tags:

BP Offloads Assets To Apache

BP plc (NYSE:BP) has taken the first tangible step towards divestiture of assets worth $10 billion announced last month. The financially troubled U.K. major will sell $7 billion worth of upstream asse...

Tags:

Apache Tops On Higher Volumes

Energy firm Apache Corp. (NYSE:APA) reported better-then-expected second-quarter results, driven by increased volumes, particularly in its Australian and Egyptian operations. Earnings per share, exclu...

Tags:

Equities finished the session in positive territory after shrugging-off mixed data and unimpressive earnings from an assortment of large cap companies. Nonetheless, the basic materials and oil &...

Tags:

Will BP Offload Alaska Assets?

To cope with the financial stress of paying Gulf of Mexico (GoM) oil spill related costs, BP plc (NYSE:BP) is in talks to sell about $12 billion assets, including its stake in Alaska’s Prudhoe B...

Tags:

Apache’s Maule Comes Online

Apache Corporation (NYSE:APA) announced the commencement of its Maule field production at approximately 11,750 barrels of oil per day (BOE/d) and also stated its intention to proceed with the developm...

Tags:

Apache Closes GoM Assets Deal

Independent oil and gas exploration company Apache Corporation (NYSE:APA) procured the oil and gas assets from Devon Energy Corporation (NYSE:DVN) for $1.05 billion, almost 8 weeks after the announcem...

Tags:

Mariner Energy shares are down more than 3 percent to $21.17, on weakness attributed to a NY Times article suggesting there is concern surrounding the APA/ME....

Tags:

Apache Lags Zacks Consensus

Apache Corp. (NYSE:APA) reported in-line fourth-quarter results, driven by increased volumes, particularly in its Egyptian operations. Earnings per share, excluding one-time items, came in at $2.10, b...

Tags:

There have been billions of dollars in takeovers in the US oilpatch recently, with the most active area by far being the Gulf of Mexico.  Apache Corp (NYSE:APA) made two acquisitions - buying some o...

Tags: