CNOOC Ltd. (CEO) expects to sign a deal with Norway’s StatoilHydro ASA (STO) soon to buy stakes in some deepwater exploration blocks in the U.S. Gulf of Mexico (GoM). StatoilHydro is putting five prospects on the market, out of its more than 400 leases in the U.S. GoM. The company had acquired these assets, with 100% working interest, in 2007 and 2008 lease sale. This deal could mark the introduction of China's foray into the U.S. GoM. The GoM remains one of the most abundant areas of the world for oil discoveries, with billions of barrels of crude believed to be trapped beneath the seabed. Chinese companies are pursuing assets acquisitions abroad to cope with the country’s increasing demand for oil and gas. But they are facing difficulties in tying up deals partly because the oil-rich countries want greater control over their resources. We ...

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Friday October 16, 2009

DrStockPick.com Stock Report!

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MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced its free reporting software package for departmental BI applications. MicroStrategy Reporting Suite enables companies to use MicroStrategy’s integrated BI platform to develop and deploy premium, Web-based reporting applications, at no cost.

Cancer Therapeutics, Inc. (OTCBB: CTHP), an emerging biotechnology business incubator with a specific emphasis on disruptive cancer treatments and nanotechnology, announced today it has signed a letter of intent to acquire

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POINT ROBERTS, Wash., DELTA, B.C. - October 6, 2009 - www.Investorideas.com issues a preview of the energy stock directories for investors following the oil and gas sector, natural gas and green energy stocks .Investors can preview a directory in each sector and access the full directories online as an Investor Ideas member.

POINT ROBERTS, Wash., DELTA, B.C. - September 28, 2009 - www.Investorideas.com has updated its energy stock directories for investors following the oil and gas sector, natural gas and renewable energy sector. With oil prices on the rise again, investors can research stock opportunities within the energy space using the comprehensive directories and investor tools.

POINT ROBERTS, WA and DELTA, BC - September 16, 2009 - www.Investorideas.com an investor and industry research portal covering the water sector and oil and gas sector, presents an industry snapshot of the oil- water separation technology industry and its opportunity, by Lisa Springer CFA, Equity research analyst.

 

PennyOmega.com Hot Stock News & Alerts!

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Tuesday September 1st, 2009

PennyOmega.com Stock Report!

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Atlas Oil and Gas, Inc. (OTCBB:AOLG), which focuses on the potential for major exploration and production reclamation projects in the oil and gas sector, today received approval from the Financial Industry Regulatory Authority (FINRA) to change its corporate name to Cheyenne Resources Corp., and its trading symbol to CYRS on the

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“Work eight hours and sleep eight hours and make sure that they are not the same hours.”

– T. Boone Pickens

Inflation can do tricky things to markets. It creates distortions. In those distortions, an intrepid investor can find some big moneymaking ideas. I think we’ve got one opening up in oil and gas, and it is not without precedent in financial markets. In fact, it’s starting to look a little like the tail end of the 1970s in some respects.

In the spring of 1969, the Dow Jones industrial average stood at 969. By 1982, the Dow hit 1,071. That’s thirteen years of going nowhere. (We’ve had 10 years or so of going nowhere, though the ride between the poles has been anything but boring).

The problem is inflation makes that performance

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Better-than-expected reports on housing and consumer confidence helped U.S. stocks record gains albeit in a tepid manner.  Fed Chairman Ben Bernanke’s reappointment also added to the positive sentiments but the muted gains signaled investors were progressing with caution.  Treasury prices rose after a successful auction of $42 billion two-year notes.

The Dow Jones industrial average added 30 points, or 0.3% and closed at its highest point since November 4.  The S&P 500 index gained 2 points, or 0.2% to close at its highest level since November 6.  The NASDAQ composite rose 6 points, or 0.3%, to 2024, its highest close since October 1.  NYSE volume remained a modest 1.14 billion shares, with advancing issues ahead of decliners by a three-to-two margin.

After touching their 10-month high, crude prices retreated 3.1% to $72.05, reflecting yesterday's reported rise in stockpiles from the American Petroleum Institute, generating a 1.4% fall in the

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RusHydro has sold investors 3.5 billion of 7.5 billion new shares in a public offering, with the rest bought by its own unit for a later resale.  Prime Minister Vladimir Putin has approved a Russian-Turkish draft protocol on cooperation in nuclear power engineering.  The Economist examines the historically fraught relationship between Turkey and Russia, recently soldered by energy agreements.  A marriage of convenience, but how long will the honeymoon last?  At today's meeting with President Medvedev, it is expected that German Chancellor Angela Merkel will focus on Nord Stream, in which Germany is Russia's principal partner.  Turkmenistan has announced it will open a new gas pipeline to Iran in December, a maneuver that will push Gazprom to settle a four-month gas trading dispute with the Central Asian state, says the FT.  Gazprom Neft has increased its stake in Sibir ...

Stock markets recorded another strong week as further signs of economic stabilization emerged. The S&P 500 Index worked its way back to above the 1,000 level on Friday, and more upside lies ahead said Abby Joseph Cohen, Goldman Sachs’ market strategist, as she expected the Index to reach the 1,100 mark by year end.

This week’s batch of video clips not only covers the outlook for stock markets, but also discussions about the economy’s transition from recession to recovery and other topical issues. Appearing on camera are Jeffry Sachs, Robert Shiller, Larry Summers, Lakshman Achuthan, Joseph Stiglitz, David Rosenberg and David Hickey.

The selection starts off with two academics - Jeffrey Sachs and Robert Shiller - and concludes with a discussion about the “man-cession” - older white male workers being among the hardest hit by job losses.

Fora.tv: Jeffrey Sachs - global effects of crisis “Jeffrey Sachs, Director

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