Archives for 2019
Oil giant Saudi Aramco to issue first global bond this year
Saudi Aramco plans to tap the debt market in the second quarter to finance the acquisition of petrochemical giant Sabic, likely issuing its first ever international bond and disclosing its accounts in the process. Source:...
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AMLO’s money guy sends a message to anxious Wall Street crowd
In his first trip abroad as Mexico’s finance minister, Carlos Urzua had a message he clearly wanted to deliver to the New York investing community. It was, in essence: Don’t worry, the young administration of...
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Small crude storage dip offset by big fuel, distillate build
The nation’s commercial crude stocks dipped a little last week, but that decline was more than offset by big builds in fuel supplies and other petroleum products. Source: FuelFix
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TransCanada changes name to TC Energy
Canadian pipeline firm TransCanada said Wednesday it will change its name to TC Energy to better reflect its performance as a major pipeline and power generator for all of North America. Source: FuelFix
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NRG tells ERCOT two mothballed gas-fired units in La Porte will retire
NRG Energy, the power producer and retail electric provider, notified the state’s grid manager that the company is retiring two units in La Porte that became too outdated and inefficient to continue to operate. Source:...
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