Archives for 2019
Oil set for weekly gain as OPEC+ gathers amid Gulf tensions
Brent oil headed for its biggest weekly gain since mid-February as OPEC and its allies gather this weekend to consider output policy and political tensions in the Persian Gulf escalate. Source: FuelFix
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Sempra Energy buys stake in Sharyland Utilities
California-based utility Sempra Energy has finalized the purchase of a 50 percent stake in Dallas-based utility Sharyland Utilities. Source: FuelFix
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Weatherford delisted from New York Stock Exchange in latest woes
Weatherford International has been delisted from the New York Stock Exchange — just days after the struggling oilfield service company announced plans to file Chapter 11 bankruptcy. Source: FuelFix
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Schlumberger exits tubulars business after selling three subsidiaries in $400 million deal
Oilfield service giant Schlumberger is exiting the tubulars business after agreeing to sell three specialized subsidiaries to a Houston company in a $400 million deal. Source: FuelFix
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Trade war could delay LNG projects on Gulf Coast, analyst says
Escalating trade tensions with China could jeopardize or delay some proposed mega liquefied natural gas projects on the Gulf Coast by raising construction costs while reducing the competitiveness of U.S. LNG, analysts and economists say....
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