Archives for August 2016
Oil tycoon Pickens boosted energy holdings as rigs bottomed out
Oil tycoon T. Boone Pickens boosted the value of his energy holdings by more than one-third in the second quarter, just as the U.S. oil rig count was bottoming out from the worst crude-market crash...
Click here 0 2,698
Al Gore says climate change exacerbated Houston, Louisiana floods
Former Vice President Al Gore warned Tuesday that rapid flooding events — like in Houston this spring and southern Louisiana right now — are exacerbated by climate change and could continue to worsen without taking...
Click here 0 2,724
Middle East residents ready to give up energy subsidies, research finds
Residents of the Middle East are ready to give up energy subsidies, overturning another long-held assumption about the politics of oil producing countries, according to new research from Rice University. Persian Gulf countries have posted...
Click here 0 2,761
BHP suggests worst is over after posting record loss
BHP Billiton Ltd., the world’s biggest mining company, suggested that it’s emerging from the worst commodities price collapse in a generation with renewed impetus after reporting a record full-year loss. “There is some sense that...
Click here 0 2,803
KBR buys Honeywell governmental business HTSI
KBR said Monday it’s buying Honeywell’s Maryland-based governmental services business, Honeywell Technology Solutions Inc., called HTSI. The move comes shortly after KBR bought another government contractor, Virginia-based Wyle, for $570 million in May. Source: FuelFix
Click here 0 2,784
