JX Holdings Inc (5020.T), Japanese oil and mining giant, confirms its interest in 500-billion yen ($5,37-billion) worth of exploration and development of copper mines and oil fields in the next three fiscal years. The article is quoted saying: JX Holdings, through Nippon Oil and Nippon Mining, has stakes in several mines and oil and gas fields across [...]
Continue reading "JX Spends $5.4 Billion for Copper Mines and Oil Fields"
Thursday, August 6, 2009
Its a top oil firm after the $23-billion deal and is soon expected to be a must-have stock. Suncor Energy Inc, newly bulked up from its C$22.5 billion (US$ 20.8 billion) acquisition of Petro-Canada, would likely be the No. 2 issue on the Toronto Stock Exchange's (TSX) benchmark index GSPTSE, with a market cap close to C$55 billion. Suncor is set to be Canada's biggest energy company and largest industrial concern. The beefed-up firm is likely to see early demand for its shares from index funds. It is also set to attract big investors that need substantial holdings in large, liquid stock issues.
Continue reading "$ Deals In The Making For Oil"
Tuesday, August 19, 2008
Think of how your day would go if you couldn’t use the internal combustion engine, plastic, most electricity, the products of commercial agriculture or anything that has traveled by ship.
Continue reading "Introduction to Hydrocarbon Investing"
Wednesday, July 16, 2008
Hydrocarbons are the sine qua non of modern life. A short thought experiment illustrates the point rather well. Think of how your day would go if you couldn’t use the internal combustion engine, plastic, most electricity, the products of commercial agriculture or anything that has traveled by ship. If you pay even tangential attention to the [...]
Continue reading "Introduction to Hydrocarbon Investing"
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Wednesday, May 12, 2010