Analysis: Stocks-oil relation looks as it did in 2008 recession

The trading pattern of the prices of stocks and crude oil looks worryingly like it did just before the last recession. Oil and equity prices rise and fall more or less in tandem when demand and economic growth expectations dictate prices. But the short-term relationship has been turned on its head in recent weeks with investors worried that political... 

Exterran Holdings to Present at Credit Suisse Energy Summit

Exterran Holdings, Inc. today announced that J. Michael Anderson, Senior Vice President and Chief Financial Officer, is scheduled to present at the Credit Suisse Energy Summit in Vail, Colorado on Thursday, February 10, 2011 at approximately 1:30 p.m. Mountain Time. If you would like to listen to the presentation during the conference, please enter... 

IC Potash announces commencement of preparation of the Ochoa Project Prefeasibility Study

IC Potash Corp. is pleased to announce the commencement of the Ochoa Project Sulphate of Potash (“SOP”) Pre-feasibility Study. Through this study and concurrent environmental work, the Company will establish the engineering basisfor the Ochoa Project for mining, processing, and SOP marketing. This announcement complements recent operating... 

Alon USA to Present at the 2011 Credit Suisse Energy Summit

Alon USA Energy, Inc. today announced that the Company will be presenting at the 2011 Credit Suisse Energy Summit to be held in Vail, Colorado on February 7 – 11, 2011. Jeff Morris, Alon’s Chief Executive Officer, is scheduled to present on Thursday, February 10, 2011 at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time). A live broadcast... 

Western Refining Wholesale Turns to KSS Fuels for Pricing Intelligence Solution to Maintain Competitive Edge

Western Refining Wholesale, a division of Western Refining Inc., an independent refining and marketing company headquartered in El Paso, Texas, will use KSS Fuels’ RackPrice wholesale pricing solution to help it manage fuel prices at its wholesale locations. Western Refining is a crude oil refiner, wholesale fuel and lubricants distributor and retailer... 

Northern Offshore Appoints New Senior Vice President

Northern Offshore, Ltd. announced today that Mr. Gary L. Bauer has joined the company as Senior Vice President, Operations. Gary W. Casswell, Northern Offshore’s president and CEO, said “Gary is a welcome addition to Northern Offshore, and we are very pleased to have him join our team. His extensive experience with operations and international... 

Ecotech Institute Opens Its Doors to New, Progressive Facility in Aurora

Ecotech Institute, the first and only college focused entirely on preparing America’s workforce for careers in renewable energy and sustainable design, today announced that students are now taking classes in its brand new facility. Located at 1400 South Abilene Street in Aurora, the school has transformed a vacant, large-footprint building into... 

Court Rulings Favor HEI Resources in Colorado Securities Lawsuit

Springs-based HEI Resources Inc. and Charles Reed Cagle, founder of the oil and gas exploration company, are announcing several favorable rulings issued by a Colorado state district court as part of an ongoing lawsuit filed by Colorado Securities Commissioner Fred J. Joseph. The rulings handed down by the 2nd Judicial District Court in Denver were... 

Whiting Petroleum Corporation Elects James T. Brown President and COO

Whiting Petroleum Corporation today announced that its Board of Directors elected James T. Brown President and Chief Operating Officer of Whiting Petroleum Corporation, effective January 1, 2011. Mr. Brown joined Whiting Petroleum Corporation in May 1993 as a consulting engineer, became Operations Manager in 1999, was elected Vice President of Operations... 

Dejour Oil Discovery Tests Over 500 Barrels of Oil per Day

Dejour Enterprises Ltd. releases the results of a 24 hour production test of the new oil discovery at its 75% owned Woodrush project in the Peace River Arch, NE British Columbia that was announced last week. Production casing was set on Well A-1-I/94-H-02 after it encountered a Halfway oil pool and other productive horizons (See Dejour news release...