International Business News - ATW http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Offshore drilling contractor Atwood Oceanics Inc. said Monday that its subsidiary, Atwood Oceanics Pacific Ltd., has contracted with Singapore's Jurong Shipyard Pte. Ltd. to build a floating drilling machine. http://www.ibtimes.com/articles/20080707/atwood-oceanics-buys-drilling-machine-from-jurong.htm Mon, 07 Jul 2008 18:22:22 EDT Oil-drilling contractor Atwood Oceanics Inc. said Thursday its subsidiary conditionally exercised an option to build a drilling rig with a Singapore-based company. http://www.ibtimes.com/articles/20080703/atwood-to-build-drilling-rig-with-jurong.htm Thu, 03 Jul 2008 15:05:36 EDT Ten companies in the "other energy" sector, which encompasses energy companies not considered integrated oil companies, are being to be added to the Russell 1000 in this year's reconstitution of the large-stock index, while 2 in the sector are being removed. http://www.ibtimes.com/articles/20080630/russell-1000-adds-10-energy-stocks.htm Mon, 30 Jun 2008 08:46:55 EDT Among the stock activity stories for Thursday, June 26, from AP Financial News: NEW YORK (AP)--American Express Co. shares hit a five-year low on Thursday, one day after the credit card lender said business conditions have deteriorated beyond its expectations. http://www.ibtimes.com/articles/20080626/movers-roundup-american-express-weatherford.htm Thu, 26 Jun 2008 14:39:34 EDT Shares of oil drilling contractor Atwood Oceanics Inc. set an all-time high Thursday, as the price of oil soared and after a Credit Suisse analyst upgraded the stock a day earlier. http://www.ibtimes.com/articles/20080626/atwood-oceanics-hits-all-time-high.htm Thu, 26 Jun 2008 13:52:02 EDT Oilfield service shares rallied Monday as higher crude-oil prices gave investors reason to add to their bets on the sector. Oil prices rose on what the market saw as a modest production increase from Saudi Arabia and concerns that output from Nigeria will decline. Light, sweet crude for August delivery rose $1.38 to settle at $136.74 a barrel on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080623/sector-glance-oil-service-shares-rally.htm Mon, 23 Jun 2008 16:29:42 EDT Following is a summary of top stories in the energy sector Thursday afternoon. Crude Prices Edge Higher http://www.ibtimes.com/articles/20080612/energy-sector-roundup-crude-ends-higher.htm Thu, 12 Jun 2008 15:37:58 EDT Oil drilling contractor Atwood Oceanics Inc. plans to split its stock July 11. The company said Wednesday its board approved the two-for-one split in the form of a 100 percent dividend on all shares outstanding as of June 27. http://www.ibtimes.com/articles/20080612/atwood-oceanics-to-split-shares-in-july.htm Thu, 12 Jun 2008 12:48:33 EDT Shares of offshore drilling contractors fell along with the rest of the oil sector Monday as crude prices pulled away from record highs. However, an industry analyst predicted the sector is likely to benefit as demand for drilling rigs tightens. http://www.ibtimes.com/articles/20080512/sector-snap-drillers-down-but-analyst-bullish.htm Mon, 12 May 2008 13:20:50 EDT Offshore oilfield service provider Atwood Oceanics Inc. said Thursday its fiscal second-quarter profit rose 32 percent on a 20 percent jump in revenue. http://www.ibtimes.com/articles/20080508/atwood-oceanics-fiscal-2q-profit-jumps-on-revenue-increase.htm Thu, 08 May 2008 17:54:08 EDT Shares of drilling contractors rose Friday as crude prices turned sharply higher and investors cheered strong earnings from a number of key companies. http://www.ibtimes.com/articles/20080502/sector-snap-oil-drilling-stocks-rise-as-crude-prices-soar.htm Fri, 02 May 2008 13:23:35 EDT Shares of oilfield service companies followed crude prices higher Wednesday afternoon after a governmental report showed America's inventory of oil and other fuels was lower than expected last week. http://www.ibtimes.com/articles/20080326/sector-snap-oil-service.htm Wed, 26 Mar 2008 13:16:51 EDT Following is a summary of top stories in the energy sector Monday afternoon. Another Day, Another Record for Crude http://www.ibtimes.com/articles/20080310/energy-sector-roundup-oil-keeps-gushing.htm Mon, 10 Mar 2008 14:39:34 EDT Oilfield service shares followed the broader market lower Monday, as record-high energy prices stoked investors' fears that demand for crude could slow if the U.S. tips into recession. http://www.ibtimes.com/articles/20080310/sector-snap-oil-service-shares-sink.htm Mon, 10 Mar 2008 12:34:34 EDT Oil service stocks shot higher Monday as encouraging housing data and an optimistic natural gas forecast brought the market to life, and crude prices advancing amid supply concerns. http://www.ibtimes.com/articles/20080225/sector-snap-oil-service-shares-rally.htm Mon, 25 Feb 2008 12:38:30 EST Shares of oil and natural gas producers fell Thursday as crude prices retreated after the government said supplies rose more than expected last week. The Philadelphia Oil Service Sector Index, a basket of stocks that includes drilling contractors and other oilfield service providers, declined 1.7 percent to 278.39. The Dow Jones industrial average fell 0.9 percent to 12,317.92. http://www.ibtimes.com/articles/20080221/sector-snap-oil-and-gas-producers-fall.htm Thu, 21 Feb 2008 13:33:57 EST Oil sector stocks soared Tuesday as crude prices rallied to close above $100 a barrel for the first time. The Amex Oil Index, a basket of integrated oil companies and refiners, jumped 37.24, or 2.7 percent, to 1,414.11. The Philadelphia Oil Service Sector Index, which tracks drilling contractors and other oilfield service providers, rose 6.55, or 2.4 percent, to 277.08. http://www.ibtimes.com/articles/20080219/sector-snap-oil-stocks-surge-with-crude.htm Tue, 19 Feb 2008 16:38:22 EST Shares of oilfield service providers, under pressure from sinking crude prices, closed mostly lower amid a late-day sell-off Wednesday. The Philadelphia Oil Service Sector Index, which includes drilling contractors and other service companies, fell 9.73, or 3.7 percent, to close at 253.15. http://www.ibtimes.com/articles/20080206/sector-wrap-oil-services-shares-weaken.htm Wed, 06 Feb 2008 16:35:58 EST Oil service shares mostly rose Monday along with the broader market as equity investors remained optimistic despite a pullback in crude prices. The Philadelphia Oil Service Sector Index increased 1.3 percent to 265.28. Broader market indicators also advanced as investors took a weak new home sales report as a sign the Federal Reserve will further lower rates later this week. The Dow Jones industrial average rose 0.5 percent to 12,272.61. http://www.ibtimes.com/articles/20080128/sector-snap-oil-service-shares-advance.htm Mon, 28 Jan 2008 13:29:39 EST Oil stocks fell for the second straight day as crude prices dipped to their lowest point in nearly a month. The Amex Oil Index, which includes major integrated oil stocks and refiners, fell 42.58 to 1,382.02. The Philadelphia Oil Service Sector index, a basket of drilling contractors and other oilfield service providers, declined 9.62 to 274.86. http://www.ibtimes.com/articles/20080116/sector-snap-oil-shares-fall-with-crude.htm Wed, 16 Jan 2008 16:39:10 EST