Archives for March 2019
Welcome CERAWeek
It’s the closest thing Houston has to Davos. The annual confab called CERAWeek by IHS Markit comes to town this week and brings the Who’s Who list of the global energy industry to Houston. It...
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World Bank arm says Venezuela owes nearly $9B to ConocoPhillips
Financially struggling Venezuela must pay Houston’s ConocoPhillips $8.7 billion for the government’s expropriation of the company’s investments in Venezuela more than a decade ago, a legal dispute arm of the World Bank ruled Friday. Source:...
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Alaska, Ohio lead rig count plunge
Reduced drilling activity in Ohio, Alaska, North Dakota and other regions triggered a plunge last week in the number of rigs seeking oil and gas. Source: FuelFix
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Dow spin-off to emerge as major chemical company
Chemical conglomerate DowDupont gave more detail about its planned three-way breakup Friday, giving investors a glimpse into its multi-spinoff strategy when a new commodity chemical arm called Dow will emerge April 1. Source: FuelFix
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U.S. will soon surpass Saudi Arabia in petroleum exports: Rystad
The United States’ surging oil and gas production will soon allow the country to surpass Saudi Arabia in liquid petroleum exports. Source: FuelFix
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