We reaffirm our Neutral recommendation on Western Refining Inc. (NYSE:WNR), reflecting the expectation that the company’s strategic plans along with strong retail and wholesale operations will count...
China, the world’s second-biggest energy consumer, has proposed to widen a new resources tax on coal, oil and natural gas output throughout the country. The 5% tax, which was introduced last month i...
Marc Faber, publisher of the Gloom, Boom & Doom report, says we have to distinguish between what central banks and the governments in the Western world say and what they will do. “I am not a gre...
Integrated oil and gas giant Chevron Corporation (NYSE:CVX) announced the discovery of natural gas through an exploration drilling rig in Australia’s Carnarvon Basin. This hydrocarbon basin is ...
Fundamentals This phrase can best describe the Crude Oil futures market during the past several weeks, as lead month prices appear to be firmly trapped between $70 and $80 per barrel. The current supp...
Emerson Process Management, a leading business unit of Emerson Electric Co. (NYSE:EMR), will aid in front end engineering work for the Prelude LNG development project, located in Western Australia. Th...
Chevron Corp. (NYSE:CVX) – the second-biggest U.S. oil company – announced the discovery of a new offshore natural gas site (Clio-3) in Western Australia’s Carnarvon Basin. The discovery builds ...
On Wednesday, Bank of New York Mellon Corporation (NYSE:BK) received the regulatory approval from China Securities Regulatory Commission (“CSRC”) for setting up a joint venture (JV) fund manag...
The world’s leading money transfer company, Western Union Co. (NYSE:WU), yesterday announced that it has tied up with a leading foreign-exchange specialist company, Travelex Group Limited. Western U...
The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries...