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Bronco Drilling Company, Inc. Names New Officers
Bronco Drilling Company, Inc., is pleased to announce the election and appointment of the following officers of the Company.
Mark Dubberstein has been named President of the Company. Mr. Dubberstein became the Company’s General Counsel on January 1, 2006 following twenty-five years in private practice, most recently as the senior member of Dubberstein, Heinen & Morris [...]
Swiss firm sees a glint of gold in the sands of Cook Inlet
An international prospecting company is reviving the chase for gold in Cook Inlet sands a century after the first attempts didn’t pan out and two decades after most everyone gave up looking.
Hemis Corp., a two-year-old company with offices in Switzerland and Nevada, has paid an exploration company for the right to pick up where it [...]
7 ways to invest in the oil boom
Oil prices have been on the rise, but many energy stocks haven’t kept pace. Fortune’s Jon Birger looks at some surprisingly undervalued companies in a still-hot industry.
Since January, the price of oil has risen from $50 to $65 a barrel. Didn’t notice? For casual investors that’s understandable. After all, the last time this happened – [...]
Chinese Coal Companies to De-Gas Mines
We discussed with Pacific Asia China Energy executive vice president Steve Khan the latest developments in the company’s coal-mine degasification strategy unfolding in China. The company’s subsidiary was recently awarded a multi-million dollar drilling contract with a subsidiary of China’s largest coal miner. Shenhua Group awarded Pacific Asia China Energy its first drilling contract in [...]
Race for Oil, Fish, Diamonds and Shipping Routes Heats Up as Global Warming Melts the Arctic
Barren and uninhabited, Hans Island is very hard to find on a map. Yet these days the Frisbee-shaped rock in the Arctic is much in demand — so much so that Canada and Denmark have both staked their claim to it with flags and warships. The reason: an international race for oil, fish, diamonds and [...]
Gold Falls in Late Trading After Drop in Crude Prices
Gold prices slipped Monday, while silver prices rose in what traders described as largely a consolidation session.
April gold fell $1.70 to $650.30 a troy ounce on the New York Mercantile Exchange.
“It was holding onto gains most of the day, then kind of gave way in the last 30 minutes or so,” said Scott Meyers, senior [...]
Chevron’s profit hurt by natural gas prices
No. 2 oil company says net income dropped to $3.77 billion as oil, natural gas prices decreased during the fourth quarter.
Chevron Corp., the No. 2 U.S. oil company, said Friday its fourth-quarter profit fell, pulled down by weaker natural gas prices.
Net income in the quarter dropped to $3.77 billion, or $1.74 a share, from $4.14 [...]
Goldman, Deutsche Bank Say Double Down on Commodities (Update1)
Anyone who followed the advice of Goldman Sachs Group Inc. last year and invested $10 million in the Goldman Sachs Commodity Index would have lost 15 percent, or $1.5 million.
Like so many of Wall Street’s best and brightest, Goldman, the biggest securities firm by market value, says it wasn’t wrong, just early, and to expect [...]
Indonesia’s Riches Draw China, India
When it comes to energy and industrial commodities, China and India are Asia’s fiercest competitors. For the last couple of years, both Chinese and Indian companies have done deals across the globe — from Latin America to Africa — to win oil exploration rights or secure long-term raw material contracts.
Now they have set their sights [...]
