22.01.2014
- New York-based $14 billion hedge fund Third Point has acquired a sizeable stake in Dow Chemical, and reports from the U.S. suggest the fund's chief executive Daniel S. Loeb is...
17.10.2013
- North Dakota's rapidly rising oil output continues to defy the skeptics, who have predicted that production would stop growing as declining output from existing wells offsets extra...
01.05.2013
- Oil traders including commodities giant Trafigura and Australian bank Macquarie have quietly begun shipping U.S. crude oil from Texas to Canada, raising the ire of U.S. East Coast...
18.03.2013
- Dow Chemical said it plans to build several specialty material production plants on the U.S. Gulf Coast to take advantage of cheap shale-derived natural gas. Margins in Dow's...
28.02.2013
- The Barnett Shale formation in Texas will play a central role in the U.S. natural gas boom for a generation, according to a new in-depth report, the findings of which were released...
25.02.2013
- China Petroleum & Chemical Corp (Sinopec) will buy half of Chesapeake Energy's Mississippi Lime oil and gas properties in Oklahoma for $1.02 billion to increase its presence in the...
21.02.2013
- Europe's hard-pressed refining industry faces more closures as its competition in the United States enjoys the double bonus of growing domestic shale oil supply and cheaper...
04.02.2013
- The United States is enjoying an energy bonanza thanks to shale gas, making it a magnet for industry, reducing import dependence and challenging Europe as it battles to dig itself...
