Archives for September 2019
Exxon Mobil selling Norwegian North Sea assets for $4.5B
Exxon Mobil will sell its oil and gas assets in the Norwegian North Sea for $4.5 billion to a Norway firm backed by Italy’s Eni and private equity funding. Source: FuelFix
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Enterprise to expand Mont Belvieu operations amid propylene supply deal
Houston pipeline operator Enterprise Products Partners plans to add a second propylene plant to its Mont Belvieu complex aftering landing a long-term supply deal with petrochemical giant LyondellBasell, Source: FuelFix
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Callon makes case for Carrizo merger amid shareholder opposition
Houston oil and gas producer Callon Petroleum is going on the offensive to sell its shareholders on its proposed acquisition of Carrizo Oil & Gas after one of Callon’s top shareholders came out against the...
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Oil steady as investors weigh trade hope against Saudi recovery
Oil was steady as investors weighed prospects of a thaw in the U.S.-China trade war against indications Saudi Arabia is recovering quicker than expected from the biggest attacks ever on its energy industry. Source: FuelFix
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