Archives for August 2016
Former Cheniere CEO takes new LNG company public through merger
After being ousted from Cheniere in December, Souki formed Tellurian Investments as a private company earlier this year and partnered with the former chief operating officer of the BG Group, Martin Houston. They are developing...
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How will industry respond after oil’s fall below $40?
After staging a rally that nearly doubled prices from their February low of $26 a barrel, crude has firmly entered a bear market, with prices sliding more than 20 percent since breaking above $50 a...
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Market Currents: Bulls and bears do battle
Crude is rebounding today ahead of the inventory report, pushing aside oversupply fears for now. Hark, here are five things to consider in energy markets today: 1) There’s quite a war of rhetoric raging at...
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Federal report slams Tesoro for failing basic safety protocols
By Malachi Petersen San Antonio Express-News “These incidents provide evidence of deficiencies in the refinery’s organizational policies and practices governing safe work,” the U.S. Chemical Safety and Hazard Investigation Board, or CSB, wrote in...
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Oil settles below $40 for the first time since April
U.S. oil settled below $40 for the first time since April, continuing a slide that began last month as drillers returned to shale fields and new concerns about supplies gripped markets. Domestic crude settled in...
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