Delek Drilling-LP and Avner Oil Exploration LLP declined today on investor concern about delays in the development of Israel’s largest natural gas field as Woodside Petroleum Ltd. mulls its investment in Leviathan.
U.S. stocks rose, extending a third monthly gain for the Standard & Poor’s 500 Index, as Hewlett- Packard Co. led a technology rally while data on employment and consumer confidence boosted optimism in the economy.
U.S. stocks rose, with the Standard & Poor’s 500 Index and the Dow Jones Industrial Average closing at records, as jobless claims unexpectedly fell and measures of consumer confidence beat estimates. Treasuries dropped while crude oil tumbled as a report showed U.S. supplies climbed.
Colorado will become the first U.S. state to limit methane emissions from the production of natural gas and oil, addressing an issue that climate watchdogs say is a downside of the boom in hydraulic fracturing.
Jennifer Stevenson, whose Dynamic Strategic Energy Class Fund has beaten 91 percent of its peers this year, is buying shares such as Trilogy Energy Corp. in a bet on surging North American shale-oil output.
Reynolds American Inc. and Noble Energy Inc. have joined a growing number of companies disclosing their contributions to trade associations and other nonprofit groups that legally can keep their donors from public view.