Archives for November 2019
ISS flips and supports sweetened Callon-Carrizo deal
An influential proxy advisory firm said Wednesday it now supports the merger of Houston oil producers Callon Petroleum and Carrizo Oil & Gas after the deal was sweetened for hesitant Callon shareholders. Source: FuelFix
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Majority of families return home weeks after DeWitt County blowout
The majority of families evacuated following a Nov. 1 blowout at a Devon Energy gas well in the Eagle Ford Shale’s DeWitt County have returned home. Source: FuelFix
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Oil near 2-week low as supplies swell, trade talks stutter
Oil held near a two-week low on signs of swelling American crude inventories, while investors monitored developments on the U.S.-China trade war. Source: FuelFix
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Exxon’s credit rating outlook lowered by Moody’s on cash burn
Exxon Mobil Corp. had the outlook on its top-notch debt rating lowered by Moody’s Investors Service Inc. to negative due to a “substantial” cash burn to fund growth. Source: FuelFix
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Aramco sees nearly enough early orders to pull off IPO
Saudi Aramco’s bankers are seeing sufficient early demand to pull off the state oil giant’s initial public offering just three days after launching the deal, people with knowledge of the matter said. Source: FuelFix
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