Archives for May 2019
Moody's likely to downgrade Oxy if it wins Anadarko
Occidental Petroleum likely will receive a downgraded investment rating if it wins the bidding war against the much larger Chevron to acquire Anadarko Petroleum, the debt rating agency Moody’s Investors Service said Wednesday. Source: FuelFix
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MPLX to buy Andeavor Logistics in $9 billion deal
The logistics and pipeline arms of Marathon Petroleum and Andeavor have announced plans to merge less than a year after their parent companies did the same. Source: FuelFix
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Exxon Mobil investing $100M in national labs for emissions reductions
Exxon Mobil said Wednesday it will invest about $100 million over 10 years in emissions-reduction technologies at some of the nation’s top energy research labs. Source: FuelFix
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Saudi Aramco said to consider shale investment with Equinor
Saudi Aramco is weighing a potential investment in Norwegian oil company Equinor ASA’s U.S. shale operations in what could be the energy giant’s first ever overseas venture for gas exploration, according to people familiar with...
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Either Total's or Chevron's Mozambique LNG project to move forward in June
Anadarko Petroleum said Wednesday that the multibillion-dollar Mozambique liquefied natural gas project is expected to move forward in mid-June. Source: FuelFix
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