Latest energy crisis Stories

2011-09-21 14:00:00

Lower Natural Gas Prices and Declining Dependence on Imported Natural Gas have Resulted in Increased Production from Shale Gas Resources According to Energy Business Reports Phoenix, AZ (PRWEB) September 21, 2011 Oil Sands and shale gas have emerged as sources of unconventional petroleum resources. While Canada is a leader in the oil sands industry, the United States and other countries are catching up and developing oil sands in a bid to upgrade the bitumen source to synthetic crude oil...

2011-08-04 06:45:00

LAFAYETTE, La., July 11, 2011 /PRNewswire/ -- In conjunction with PetroQuest Energy's (NYSE: PQ) release of its second quarter financial results, you are invited to listen to its conference call with management that will be broadcast live over the Internet on Thursday, August 4, 2011 at 9:30 a.m. Eastern time. The Company will release its results before the market opens on August 4. What: PetroQuest Energy Second Quarter 2011 Financial Results When: Thursday,...

2011-08-03 14:57:00

DENVER, Aug. 3, 2011 /PRNewswire/ -- Double Eagle Petroleum Co. (NASDAQ: DBLE) reported today its financial results for the second quarter ended June 30, 2011. The Company had net income attributable to common stock of $1,283,000, or $0.11 per share for the second quarter as compared to a net loss of $(1,820,000), or $(0.16) per share for the second quarter of 2010. The Company's net income attributable to common stock was net of dividends paid on the Company's outstanding Series A...

2011-08-03 08:00:00

HOUSTON, Aug. 3, 2011 /PRNewswire/ -- Oil demand and prices should continue to rise in the third quarter of 2011 according to indicators, even with ongoing uncertainty with respect to the economic recovery, deficit reduction initiatives in the US and the debt crisis in Europe. (Photo: http://photos.prnewswire.com/prnh/20110803/NY44923-a ) (Photo: http://photos.prnewswire.com/prnh/20110803/NY44923-b ) In the first quarter of this year, with expectations for continued economic...

2011-08-01 15:05:00

FRISCO, Texas, Aug. 1, 2011 /PRNewswire/ -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the three months and six months ended June 30, 2011. Financial Results for the Three Months and Six Months Ended June 30, 2011 Comstock reported net income of $3.9 million or 8 cents per diluted share for the three months ended June 30, 2011 as compared to a net loss of $1.6 million or 4 cents per share for the three months...

Word of the Day
  • In the phrase to out-herod Herod, to be more violent than Herod (as represented in the old mystery plays); hence, to exceed in any excess of evil.
Herod refers to 'Herod the Great,' a Roman client king and 'a madman who murdered his own family and a great many rabbis.' According to the OED, the term is 'chiefly with allusion to Shakespeare's use' in Hamlet.