Charles Maxwell News
-
Carl Icahn’s makeover of Chesapeake Energy Corp.’s board may be too late to shield the U.S. natural- gas producer from a gathering storm of wrong-way bets on energy demand, plunging oil prices and corporate-governance failures.
-
Chesapeake Energy Corp., the U.S. energy explorer battered by collapsing natural-gas prices and growing investor mistrust, will replace almost half its board under pressure from billionaire investor Carl Icahn.
-
Athabasca Oil Sands Corp. , Canada’s largest initial public offering since 1999, has been the worst- performing IPO in more than two years.
-
The U.S. economy is slowly reviving, leaving behind with each passing month the worst downturn since the Great Depression. It goes without saying that an expanding economy is better than a contracting one, but the consensus outlook is far from cheery. Instead, it calls for years of muted growth and high unemployment.
-
Suncor Energy Inc. Chief Executive Officer Rick George will retire next year after leading the oil- sands producer for more than two decades and transforming it into Canada’s largest energy company.
-
Encana Corp. and a unit of PetroChina Co. have called off a joint venture after failing to complete a C$5.4 billion ($5.5 billion) agreement for a 50 percent stake in a Canadian natural-gas asset during almost a year of talks.
-
Crude oil may rise to as much as $150 a barrel over the next three to four years, from less than $89 today, according to Charles Maxwell , a senior energy analyst at Weeden & Co.
-
Suncor Energy Inc . and Cenovus Energy Inc. are pushing for more oil-sands production, seeking to expand their “attractive” projects as crude prices rise.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page