Obama

Lundin Petroleum AB (Lundin Petroleum) has achieved first oil from the Bøyla field has been achieved. The Bøyla field commenced production on 19 January 2015. The Bøyla field, located on PL340 in the Norwegian sector of the North Sea, is a subsea tie-back to the Alvheim field where Lundin Petroleum has a 15 percent non-operated […]

BP has respondedon to the Phase 2 Decision in Gulf Oil Spill Trial Their statement in full: “Today the United States District Court for the Eastern District of Louisiana ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following […]

Follow high-level change in diplomatic relations Online travel company Orbitz Worldwide (NYSE:OWW) today welcomed the Department of the Treasury’s amendments to the Cuban Assets Control Regulations, which will facilitate travel to Cuba for authorized purposes and enable travel service providers to sell authorized travel without the need for specific licenses from the Office of Foreign...

If Americans can hold out for just two more years, the Obama administration will be gone and the U.S. will be much more able to prosper economically once again. The only hope for the U.S. right now is the Republican majority in both houses of Congress. Obama’s overriding concerns for subjecting the United States to […]

I had come to have a modicum of admiration (that’s about as much as I can muster for a politician or a banker) over the past few years. But today, either someone slipped him a stupid pill or he is doing his imitation of Barack Obama (moving his lips and expecting people to believe the […]

++ BREAKING NEWS ++ Geoff Morrell, BP America’s Senior Vice President of U.S. Communications and External Affairs, issued the following statement today in response to the United States Supreme Court’s denial of BP’s request to review the Fifth Circuit decisions relating to the compensation of claims for losses with no apparent connection to the Deepwater […]

There is a human tendency – we all have it – to forget the bigger picture when a singular matter is making headlines. Whilst I obviously believe the recent news regarding oil production and pricing is BIG (this is my fourth  consecutive  article on the subject), I feel compelled to remind us all that it’s not […]

U.S. President Barak Hussein Obama promised “hope and change” in 2008. It has become clear to most Americans that there is now no hope of stopping him from imposing his personal agenda of change on the entire country, whether it’s in the best interest of the country or not. The self-proclaimed student of the United […]

Have you acquired interest to invest? TransAtlantic Petroleum (NYSE:TAT) (TSX:TNP) announced today the successful completion of its previously announced acquisition of Stream Oil & Gas Ltd. (TSX-V:SKO). The Company also announced Douglas Nester as its Vice President of Albania. Effective today, TransAtlantic closed the acquisition of all of Stream’s outstanding common shares in...

Four o’clock in the afternoon is a favorite time of the day for the executives of U.S.-listed companies to make major announcements. And when they do, they can generate a flurry of activity from the trading floor to the front page. Technically, there has been no major announcement from either Halliburton (NYSE:HAL) or Baker Hughes […]