Archives for December 2018
Shell eyes deal for Endeavor Energy as price drops
Royal Dutch Shell Plc is in negotiations to buy Endeavor Energy Resources LP for about $8 billion, according to people familiar with the matter, or roughly half as much as the Texas oil producer was...
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Oil closes below $50 on growing fears of supply glut
OPEC has its work cut out to persuade the market that its output caps will stabilize oil prices — and U.S. producers aren’t helping matters. Crude settled below $50 a barrel in New York on...
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Stockholders vote to master limited partnership for
Pipeline and storage terminal company Enbridge has simplified its corporate structure after shareholders of two of its publicly traded subsidiaries voted to merge with the midstream giant. Source: FuelFix
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Guessing game underway on Zinke replacement
Two days after President Donald Trump tweeted that Interior Secretary Ryan Zinke would be leaving the administration, trying to figure out who will replace him has turned into Washington’s new guessing game. Source: FuelFix
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