Archives for 2019
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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Texas needs better management of small power sources
Electricity consumers in Texas could save nearly $5.5 billion over the next decade by using distributed energy resources such as solar energy, energy storage and electric vehicles to reduce the need for more expensive peak...
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Oil declines amid concern over trade talks, long-term demand
Oil fell for a third day amid fading momentum in trade talks between the U.S. and China, and signs of another increase in American crude stockpiles. Source: FuelFix
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