Archives for July 2019
Crude inventories fall again
Crude oil and gasoline inventories fell again last week, but not enough to cheer oil markets worried about slowing global demand and rising supplies. Source: FuelFix
Click here 0 1,610
Oxy asks investors to reject Icahn's board takeover bid
Houston’s Occidental Petroleum is telling its shareholders to reject a new bid by corporate activist Carl Icahn to call a special board meeting in an effort to replace nearly half of the Oxy board. Source:...
Click here 0 1,631
Ensco Rowan changes name to Valaris
The recently merged offshore driller Ensco Rowan said it will change its name to Valaris as the London-based firm charts a new path. Source: FuelFix
Click here 0 1,740
TC Energy sells assets to help fund Keystone XL pipeline
Canada’s TC Energy sad it will sell pipeline assets in the Appalachia region for nearly $1.3 billion to help fund the oft-delayed and controversial Keystone XL Pipeline and other projects. Source: FuelFix
Click here 0 1,591
BP says some of its oil ‘won’t see the light of day’
Oil companies are under increasing pressure to bring fuel to market faster and cheaper, leading BP Plc to conclude some of its resources “won’t see the light of day,” according to its head of strategy....
Click here 0 1,584
