Archives for April 2018
Are Saudis pushing OPEC for $80 a barrel oil?
Saudi Arabia wants to get oil prices near $80 a barrel to pay for the government’s crowded policy agenda and support the valuation of state energy giant Aramco before an initial public offering. Source: FuelFix
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BP, Shell make new North Sea commitments
European Big Oil players BP and Royal Dutch Shell said Tuesday they’re committed to developing new fields in the North Sea as the offshore sector slowly rebounds through thriftier projects. Source: FuelFix
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Oil-services investors yawn at latest U.S. sanctions on Russia
Investors of the world’s biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia. Source: FuelFix
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Permian pipelines trade hands in $1.75B private equity deal
A private equity fund managed by Morgan Stanley is paying $1.75 billion in cash to buy big into Permian Basin pipeline assets. Source: FuelFix
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Vistra closes deals with Dynegy
Texas power company Vistra Energy Corp., the parent company of TXU Energy, announced Monday it completed its merger with Dynegy, Source: FuelFix
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