MarketWatch has compiled a list of hedge funds’ top ten energy stocks as of the end of June. On the list are Anadarko – which yesterday announced the sale of 10% of Mozambique Offshore Area 1 to India’s ONGC for $2.64 bln – as well as Occidental, Hess, and oilfield services firms Schlumberger and Halliburton.… Keep reading →
The US House of Representatives (or more accurately, House Republicans, joined by a handful of Democrats) has passed legislation approving the controversial Keystone XL oil pipeline to bring Canadian crude to US markets, in what House Democrats are calling a “largely symbolic” move. The bill would sidestep the requirement that pipeline company TransCanada obtain State Department approval… Keep reading →
