International Business News - STO 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 Chesapeake Energy Corp., the nation's largest producer of natural gas, seeks to raise up to $1.8 billion through common stock sales in an effort to fund its drilling and exploration activities and mitigate the impact of lower natural gas prices on cash flow. http://www.ibtimes.com/articles/20081127/chesapeake-energy-may-sell-1-8b-stock-to-get-cash.htm Thu, 27 Nov 2008 13:09:41 EST Among the premarket stories for Tuesday, Nov. 25, from AP Financial News: NEW YORK (AP)--An analyst increased his loss estimate for General Motors Corp., saying the automaker faces reduced profits at home and abroad amid the collapse in vehicle sales. http://www.ibtimes.com/articles/20081125/premarket-roundup-general-motors-wal-mart.htm Tue, 25 Nov 2008 09:29:10 EST Chesapeake Energy has received $1.25 billion in cash, the first payment from a rights sale to Statoil Hydro that gives the Norwegian company access to the massive Marcellus Shale natural gas deposit. http://www.ibtimes.com/articles/20081125/chesapeake-lands-first-1-25b-in-marcellus-sale.htm Tue, 25 Nov 2008 08:38:57 EST Chesapeake Energy has closed a $3.37 billion sale on rights to the massive Marcellus Shale natural gas deposits in Appalachian region, the company said Tuesday. http://www.ibtimes.com/articles/20081125/chesapeake-closes-3-37-billion-marcellus-sale.htm Tue, 25 Nov 2008 19:30:36 EST State-controlled oil company StatoilHydro ASA on Monday announced the appointment of three senior executives after a corruption investigation into Libyan oil contracts forced out two top managers. http://www.ibtimes.com/articles/20081110/statoilhydro-appoints-senior-executives.htm Mon, 10 Nov 2008 08:21:32 EST Norway said the number of oil companies bidding for exploration licenses off its coasts soared to a record 46 in its latest licensing round, more than twice the 19 bids received in the previous round in 2005. http://www.ibtimes.com/articles/20081107/oil-companies-bid-for-norwegian-offshore-licenses.htm Fri, 07 Nov 2008 10:33:17 EST The Norwegian government's operating profit on its direct investment in the Nordic countries offshore oil fields rose 27 percent in the third quarter to 35.6 billion kroner ($5.3 billion) on high crude prices, Petoro AS announced Tuesday. http://www.ibtimes.com/articles/20081104/norwegian-government-oil-profit-soars.htm Tue, 04 Nov 2008 08:12:33 EST Norwegian oil company StatoilHydro ASA on Monday reported its net profit fell by more than half in the third quarter due largely to a high tax bill triggered by currency exchange rates. http://www.ibtimes.com/articles/20081103/statoilhydro-3q-profits-down-more-than-half.htm Mon, 03 Nov 2008 09:12:12 EST Norwegian oil company StatoilHydro ASA said Friday that it had struck natural gas near its Snoehvit offshore field in the Barents Sea. The company estimated the size of the Arctic find at 2-14 billion cubic meters (70-495 billion cubic feet) of recoverable natural gas. http://www.ibtimes.com/articles/20081031/statoilhydro-strikes-gas-in-barents-sea.htm Fri, 31 Oct 2008 08:05:01 EDT Norwegian oil company StatoilHydro ASA on Friday announced that it struck natural gas with a wildcat well drilled in the the Arctic waters of the Barents Sea near its Snoehvit development. http://www.ibtimes.com/articles/20081031/statoilhydro-strikes-gas-in-barents-sea.htm Fri, 31 Oct 2008 07:46:14 EDT Marathon Oil Corp. said Wednesday a subsidiary had participated in the discovery of oil reserves off the coast of Angola expected to produce 5,000 barrels per day. http://www.ibtimes.com/articles/20081015/marathon-announces-oil-discovery-off-angola.htm Wed, 15 Oct 2008 11:53:28 EDT A record 47 companies applied for offshore oil exploration licenses for blocks near existing finds off Norway in the North Sea, the Norwegian Sea and the Barents Sea as a deadline ran out Friday, the Norwegian oil minister said. http://www.ibtimes.com/articles/20081003/strong-interest-in-norwegian-offshore-oil-licenses.htm Fri, 03 Oct 2008 10:54:36 EDT An appraisal well has confirmed that the so-called Jordbaer prospect in the North Sea contains some 56-80 million barrels of oil, the Norwegian Petroleum Directorate announced Wednesday. http://www.ibtimes.com/articles/20081001/agency-confirms-north-sea-oil-find-off-norway.htm Wed, 01 Oct 2008 09:25:18 EDT State-controlled oil company StatoilHydro ASA faced stinging criticism for lax safety measures Thursday following a government agency's probe of a May offshore oil and gas leak that "could have become a major disaster." http://www.ibtimes.com/articles/20080925/norway-safety-officials-criticize-statoilhydro.htm Thu, 25 Sep 2008 11:20:46 EDT Standard & Poor's Ratings Services said Friday that it revised its outlook on oil and natural gas producer Anadarko Petroleum Corp. to "Positive" from "Stable," . http://www.ibtimes.com/articles/20080829/s-p-revises-anadarko-outlook-to-positive.htm Fri, 29 Aug 2008 13:30:50 EDT StatoilHydro ASA has discovered more oil off the southwestern coast of Norway, the Norwegian oil company said Monday. The discovery, near the Sleipner oil field in the North Sea, is estimated to be 100 million to 125 million barrels, the company said. Total SA and Exxon Mobil Corp. also have stakes in the new oil well. http://www.ibtimes.com/articles/20080825/statoilhydro-discovers-oil-off-norwegian-coast.htm Mon, 25 Aug 2008 08:42:18 EDT Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports Friday, a stretch in which six of the major international oil companies topped $50 billion in combined profit for the first time. http://www.ibtimes.com/data/articleimgs/101814-earns-chevron.jpg http://www.ibtimes.com/articles/20080801/big-oils-biggest-quarter-ever-51-5b-in-all.htm http://www.ibtimes.com/articles/20080801/big-oils-biggest-quarter-ever-51-5b-in-all.htm Fri, 01 Aug 2008 17:11:24 EDT Among the earnings stories for Friday, Aug. 1, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080801/earnings-roundup-chevron-deutsche-boerse.htm Fri, 01 Aug 2008 11:05:17 EDT State-controlled StatoilHydro ASA reported a 37 percent rise in second-quarter profit Friday because of an increase in oil and gas prices and higher production. http://www.ibtimes.com/articles/20080801/statoilhydro-2q-profits-up-37-percent.htm Fri, 01 Aug 2008 07:54:01 EDT The French energy company Total SA on Friday reported its profit climbed 38.7 percent in the second quarter, joining other oil companies in posting strong results as oil prices surged this past spring. http://www.ibtimes.com/articles/20080801/total-reports-profit-up-38-percent-in-2nd-quarter.htm Fri, 01 Aug 2008 11:53:49 EDT