Archives for June 2016
Energy Transfer wins ruling opening Williams deal escape route
Billionaire Kelcy Warren just won a hand in the biggest M&A poker game he’s played in the U.S. oil patch. Eighteen months after Warren’s Energy Transfer Equity began talks to acquire rival pipeline giant Williams...
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SEC charges Breitling Energy, CEO Faulkner, general counsel in fraud case
By Mark Curriden of The Texas Lawbook The U.S. Securities and Exchange Commission on Thursday charged Dallas-based Breitling Energy Corp. and its CEO, “Frack Master” Chris Faulkner, of fraudulently spending tens of millions of dollars...
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Houston’s oil job growth ‘a little bit sobering’
Oil prices may have bottomed out, but Houston’s economy probably hasn’t. Patrick Jankowski, chief economist for the Greater Houston Partnership, delivered the sobering news Thursday during a gathering of the Association of Commercial Real Estate...
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Market Currents: Saudi oil exports rise while inventories fall
And as the world comes to terms with the news that the U.K. has voted to leave the E.U., the oil market is getting a wop bop a loo bop a lop bam walloped. Hark,...
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BP monitoring ‘Brexit,’ plans to speak with British, EU leaders
BP, the British oil giant with a large operation in Houston, said it was closely monitoring the situation following the Britain’s vote to leave the European Union and would be speaking with government officials in...
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