The Bureau of Labor Statistics released the June report on unemployment today. Unemployment fell from 5.0% to 4.7% and the economy added only 38,000 jobs in May. The job gain was the lowest since 2010. In the last few years, the market has averaged gains of 200,000 jobs per month. April’s gains of 123,000 jobs and the May gain of
U.S. rig count adds four to 408 Breaking a ten-month long decline, the U.S. rig count rose by four in the week ended June 3, 2016, according to information from Baker Hughes (ticker: BHI). The total U.S. rig count reached 408 today, sill down 53% from this time last year. The first increase in the rig count in 2016 was
Fitch Downgrades QGOG Atlantic/Alaskan Ltd Sr. Secured Notes to ‘B+’; Outlook Negative
Georox Resources Announces Results From Annual General Meeting and Date of Extension of Unit Placement
FMC Technologies to Address Attendees at the 2016 RBC Capital Markets Energy and Power Executive Conference
Poorer OPEC nations reeling hardest from oil price slide OPEC’s biannual meeting has come and gone, but the group’s objective remains the same: defend market share. While some talks may be underway to set a new production ceiling of 32-32.5 MMBOPD, OPEC’s poorer members have to simply grin and bear the consequences of low oil prices. Despite oil’s move in
New Underground Mechanics Join PECO’s Field Force
TETRA Technologies, Inc. Completes Its Cash Tender Offer For Any And All Of Its Outstanding 5.09% Senior Notes, Series 2010-A, Due December 15, 2017 And 5.67% Senior Notes, Series 2010-B, Due December 15, 2020
Nanoco Casts Doubt on Inconclusive Öko Institute Advisory to Extend Cadmium Exemption under the Restriction of Hazardous Substances (RoHS) Directive for TVs, Displays
From Barron’s The folks who created the Alerian MLP Index (AMZ) are celebrating the 10-year anniversary of the index. They are writing blog posts, creating fact-filled brochures and even sent a small box of champagne candies with press materials. But while they are trumpeting the index and its constituents, they aren’t particularly calling out the total return over that time, which is
Census Bureau Infographic: Four in Ten Electric Power Generation Establishments Convert Renewable Energy
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