Energy Update
RIYADH, May 5 (Reuters) - France and Saudi Arabia believe that any future deal between Iran and six major powers must ensure not to destabilise the region further and threaten Iran's neighbours, the two countries said ahead of a summit in Riyadh on Tuesday.
NEW YORK, May 4 (Reuters) - Not all investors agree with hedge fund manager David Einhorn's take on Pioneer Natural Resources' Co, which he described as "A business that burns cash and doesn't grow, (that) isn't worth anything."
Every hero needs a sidekick, every dog needs its day, and every oil and gas conference has to talk about bettering communication with the public, it seems.
WILLISTON, N.D., May 4 (Reuters) - Oil and natural gas producer EOG Resources Inc posted a better-than-expected adjusted profit on Monday as hedges and cost cuts helped offset low oil prices.
May 4 (Reuters) - Anadarko Petroleum Co on Monday reported a wider-than-expected quarterly loss as a crude price collapse hurt the U.S.
May 4 (Reuters) - Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs.
NEW YORK, May 4 (Reuters) - Billionaire hedge fund manager David Einhorn, who often moves a stock simply by speaking its name, on Monday kicked off the year's most prominent investment conference by laying out a case against oil frackers, arguing these companies drill "lots and lots of holes" and burn through plenty of cash.
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