Archives for November 2019
Callon amends merger terms, postpones shareholder vote to December
The pending merger was supposed to get put to a shareholder vote Thursday, but had faced investor opposition. Source: FuelFix
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Crude, gasoline inventories climb
U.S. crude oil and gasoline inventories climbed again last week, reversing early morning gains in oil prices. Source: FuelFix
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Icahn says Occidental won’t hit target without ‘fire sale’
Activist investor Carl Icahn said Occidental Petroleum Corp.’s new target for assets sales won’t be achieved without a “fire sale” that includes its pipeline system, Western Midstream Partners LP, which was already shopped to potential...
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Oil rises on signs of U.S. supply drop, OPEC’s shale outlook
Oil rose for a second day after an industry report pointed to a drop in U.S. inventories, and as OPEC said it sees potential for a “sharp” slowdown in American shale output next year. Source:...
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Happiness drivers utilities — and other companies — should pay attention to
Business customers are generally happier with their electric utility companies this year. reflecting the effort utilities have been making to keep their customers better informed by issuing alerts when the power is going off and when...
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