Archives for May 2018
Conoco may be worse for Venezuela than U.S. sancionts
ConocoPhillips may finish what U.S. sanctions started. The Houston-based company on Friday assumed control of Venezuela’s oil assets in the Caribbean island of Bonaire and filed court orders to do the same in Curacao and...
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Shale gas exporters to gain from Iran sanctions
Another darling of the Trump administration is poised to gain from the Iran deal breakup as oil surges: Natural gas exports. Source: FuelFix
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Talos Energy goes public with closing of Stone acquisition
Houston offshore oil and gas producer Talos Energy is now a public company after closing its nearly $2 billion merger Thursday with Louisiana’s Stone Energy. Source: FuelFix
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Merged McDermott looking for new Houston HQ, exiting The Woodlands
The new McDermott International will seek a new Houston headquarters after its merger with The Woodlands-based CB&I closes as expected this afternoon. Source: FuelFix
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Oil extends rally as Middle East tensions flare
Oil extended its three-year high as tensions in the Middle East flared following the U.S. decision to renew sanctions on Iran, OPEC’s third-largest producer. Source: FuelFix
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