Archives for 2016
Williams names 3 independent directors amid proxy fight
Williams Cos., facing a proxy battle over board seats with former director Keith Meister, appointed three independent directors who will stand for election at the company’s November annual meeting. Stephen W. Bergstrom, Scott D. Sheffield...
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Doubts linger over potential OPEC deal
Oil declined amid doubts that producers will agree to stabilize the market when suppliers meet next month for informal talks. Futures decreased as much as 1.8 percent in New York after rising the previous two...
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Look past OPEC freeze hype to really understand oil’s advance
For all the feverish speculation of OPEC action that’s roiling oil markets, the real reason for crude’s recent recovery probably lies elsewhere. Oil futures have rallied more than 10 percent since the Organization of Petroleum...
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Blackstone finds an oil Narnia in west Texas
By Liam Denning Gadfly If you happen to find a battered, exhausted oil baron slumped in a dark corner (and who doesn’t from time to time?), just whisper this one word in their ear to revive...
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LyondellBasell may have its Houston Refinery back on the auction block
The petrochemical giant confirmed it’s considering, if not definitively, selling its aptly named Houston Refinery that can process up to 268,000 barrels of crude oil daily to churn out gasoline, jet fuel, diesel and other...
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