Latest oil and gas sector Stories

2011-03-08 11:29:00

HOUSTON, March 8, 2011 /PRNewswire/ -- BB&T has hired a six-member energy lending team based in Houston, Texas, to focus on oil and gas production and midstream companies. "The addition of this team to BB&T Capital Markets' energy platform is part of a long-term strategy to expand our presence in the oil and gas sector and represents a significant growth opportunity for us. We are committed to this strategy of helping our clients access capital from a trusted and proven financial...

2011-02-01 07:00:00

HOUSTON, Feb. 1, 2011 /PRNewswire/ -- Merger and acquisition (M&A) activity in the U.S. oil & gas industry outpaced the overall U.S. deal market, boosted by improving macro-economic conditions, stabilizing commodity prices and increased corporate confidence, according to PwC US. The huge supply of shale gas in the continental U.S. was a key driver for increased M&A activity in 2010 and will continue to fuel the industry's movement towards upstream assets as the climate for...

Word of the Day
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'