The Middletown Press : Energy & Green Business http://business-news.thestreet.com/the-middletown-press en urn:article:13657957 Here's Why Diamond Offshore Drilling Is an Awful Stock Right Now http://business-news.thestreet.com/the-middletown-press/story/heres-why-diamond-offshore-drilling-is-an-awful-stock-right-now/13657957 After a huge drop in oil prices for many months, investors had hoped that a bottom had been reached Very low oil prices had already made… Fri, 29 Jul 2016 15:08:00 EDT urn:article:13658090 Cash-strapped Chevron Strives to Increase Dividend in 2016 http://business-news.thestreet.com/the-middletown-press/story/cash-strapped-chevron-strives-to-increase-dividend-in-2016/13658090 The debate continues for investors over whether stock in ExxonMobil or Chevron holds the greater upside potential after the latter reported slightly lower earnings for… Fri, 29 Jul 2016 14:12:00 EDT urn:article:13657973 Baker Hughes' US Rig Count Sees Fifth Straight Weekly Gain http://business-news.thestreet.com/the-middletown-press/story/baker-hughes-us-rig-count-sees-fifth-straight-weekly-gain/13657973 Oilfield services provider Baker Hughes  said Friday that U.S. active rigs were up a fifth consecutive week to 463 despite a significant decline in the commodity markets.… Fri, 29 Jul 2016 13:31:00 EDT urn:article:13657992 NextEra Energy Is New Buyer of Energy Future Holdings http://business-news.thestreet.com/the-middletown-press/story/nextera-energy-is-new-buyer-of-energy-future-holdings/13657992 Nearly eight months after its hopes of acquiring the electricity transmission and distribution arm of bankrupt Energy Future Holdings appeared to be dashed, NextEra Energy… Fri, 29 Jul 2016 12:01:00 EDT urn:article:13657445 EDF Beats Expectations as U.K. Delays Nuclear Reactor Decision http://business-news.thestreet.com/the-middletown-press/story/edf-beats-expectations-as-uk-delays-nuclear-reactor-decision/13657445 French utility company EDF booked better-than-expected first-half profit hours after the U.K. government delayed its approval for the French state-backed power group to proceed… Fri, 29 Jul 2016 07:55:00 EDT urn:article:13657397 Oil Producer Eni Posts Unexpected Quarterly Loss http://business-news.thestreet.com/the-middletown-press/story/oil-producer-eni-posts-unexpected-quarterly-loss/13657397 Shares in Italy's Eni fell on Friday after the group became the latest European oil producer to miss quarterly earnings expectations. The shares were… Fri, 29 Jul 2016 06:06:00 EDT urn:article:13655847 Avoid the Falling Knives in Energy, and Catch This Momentum Stock http://business-news.thestreet.com/the-middletown-press/story/avoid-the-falling-knives-in-energy-and-catch-this-momentum-stock/13655847 Many investors are scooping up beaten-down oil and gas stocks with low valuations, on the hope that they will start rising along with energy prices.… Thu, 28 Jul 2016 12:45:00 EDT urn:article:13655746 NOV Beats Earnings But Not Ready to Call Bottom http://business-news.thestreet.com/the-middletown-press/story/nov-beats-earnings-but-not-ready-to-call-bottom/13655746 National Oilwell Varco shares rose sharply Thursday morning after the oilfield equipment and services provider reported a second quarter loss of $114 million, or 30… Thu, 28 Jul 2016 11:03:00 EDT urn:article:13655555 Chevron, Exxon Mobil Earnings Will Reflect Oil's Price Havoc http://business-news.thestreet.com/the-middletown-press/story/chevron-exxon-mobil-earnings-will-reflect-oils-price-havoc/13655555 The price of a barrel of crude oil closed Wednesday at $41.92, back below my key annual magnet of $44.07 after trading as high as… Thu, 28 Jul 2016 09:17:00 EDT urn:article:13655341 Total Rides Oil's Weak Recovery to Beat Second-Quarter Estimates http://business-news.thestreet.com/the-middletown-press/story/total-rides-oils-weak-recovery-to-beat-second-quarter-estimates/13655341 French oil company Total's net profit fell 30% year-on-year in the second quarter to $2.2 billion, but beat analyst estimates,  bucking a trend of… Thu, 28 Jul 2016 05:36:00 EDT