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WPX Energy Inc (NYSE:WPX) To Acquire RKI Exploration & Production LLC for $2.35 Billion

WPX Energy Inc (NYSE:WPX) plans to enter into the Permian basin by buying out a private firm, RKI Exploration & Production LLC. Sources revealed that the acquisition deal is worth $2.35 billion. According to the terms of the deal, the oil and gas producer will also absorbRKI’s debt that roughly amounts to $400 million. The […]

Royal Dutch Shell plc (ADR) (NYSE:RDS.A) Wins Approval To Drill Out Oil In The Arctic

Royal Dutch Shell plc (ADR) (NYSE:RDS.A) has received an approval – a controversial plan for exploration by the Bureau of Ocean Energy Management in the US. The company received green signal, in this regard, on Monday. In due course, the giant in management of ocean energy and oil drilling shall receive approvals from myriad other […]

Google Inc (NASDAQ:GOOGL) Doubled Lobbying Spending In Europe For 2014 But Was Unsuccessful To Influence Antitrust Case

The European Union is working on an investigation into the way major American technological firms operate overseas, as per reports. Separate from the ongoing anti-trust investigation that has firms such as Google Inc (NASDAQ:GOOGL) under the scanner, the plan is a wide-ranging assessment that will include everything from US internet behemoths, telecoms firms and streaming […]

Cisco Systems, Inc. (NASDAQ:CSCO) Now Support Energy Industry

Boston, MA 10/16/2014 (wallstreetpr) – Royal Dutch Shell plc (ADR) (NYSE:RDS.A) announced the benefit of Cisco Systems, Inc. (NASDAQ:CSCO)’ new Cisco Secure Ops Solution at the Internet of Things World Forum, Chicago on October 15, 2014. The oil and gas major said that the solution not only increases the security level by improving the cyber […]

Rex Energy Corporation (NASDAQ:REXX) Enters Into $120 Million Acquisition

Boston, MA 08/13/2014 (wallstreetpr) – Rex Energy Corporation (NASDAQ:REXX) has announced about its new acquisition in its Butler Operated region. It acquired approximately 208,000 gross acres in the region. It made a definitive purchase agreement with an affiliate of Royal Dutch Shell plc (ADR) (NYSE:RDS.A) known as SWEPI, LP. The acquisition details It got a 100% […]

Sanchez Energy Corp (NYSE:SN) To Harvest Oil-Rich Properties From Troubled Royal Dutch Shell PLC (ADR) (RDS.A)

The Houston-based $1.8 billion exploration and production company Sanchez Energy Corp (NYSE:SN) is in an all-out effort to boost its capacity, production levels and eventually profits. Although global oil giants like Royal Dutch Shell plc (ADR) (NYSE:RDS.A) and BP PLC (ADR) (NYSE:BP) have had no or less success in the North America shale formation, Sanchez […]

What Royal Dutch Shell plc (ADR) (NYSE:RDS.A) And Williams Companies, Inc. (NYSE:WMB) Have In Common

Boston, MA 05/08/2014 (wallstreetpr) – The glut of natural gas production in the U.S. has not only led to lower costs for the commodity but also raised interest in ethane cracker projects. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) is the latest major oil and gas company to move to take advantage of the favorable ethylene market […]

Gap In Share Prices Induced Royal Dutch Shell plc (ADR) (NYSE:RDS.A) To Review Scrip Dividend Payments

Boston, MA 05/05/2014 (wallstreetpr) – As per Bloomberg report, the wide gap between the share prices of Royal Dutch Shell plc (ADR) (NYSE:RDS.A) and Royal Dutch Shell plc (ADR) (NYSE:RDS.B) has led it to review its scrip-dividend payouts. The difference in the prices of the two classes of shares made it costly for Europe’s biggest oil company […]

Royal Dutch Shell plc (ADR) (NYSE:RDS.A) Turns To Assets Divestment To Achieve Stability

Boston, MA 05/02/2014 (wallstreetpr) – The oil and gas industry is no longer the best place for players as opportunities dwindle on every turn. While there are still some profitable companies, many have registered profits decline and are worried about the future and Royal Dutch Shell plc (ADR) (NYSE:RDS.A) belongs to that category. From the Americas […]

Royal Dutch Shell plc (ADR) (NYSE:RDS.A) Posts Better-Than-Expected Earnings

Boston, MA 05/01/2014 (wallstreetpr) – Royal Dutch Shell plc (ADR) (NYSE:RDS.A), the biggest European oil company, posted first quarter results beating the analyst estimates on account of higher natural gas revenues. Includes $2.3 Billion Impairment Charge The first-quarter profit excluding inventory changes and one time items fell 3% to $7.3 billion over the last one […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR): The Intension Is Good, What About The Opportunity

Boston, MA 01/06/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has good intension to turn profitable in the shortest time possible. The control of the company by the Brazilian government, though is good to some extent, it can also be seen hurting the company’s profitability. Over the past few years, and more so in […]

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