Archives for 2020
OPEC+ in second day of talks as Saudis push for emergency cut
OPEC+ officials gathered in Vienna for a second day of debate on the impact of the coronavirus, a process that could result in an emergency ministerial meeting where Saudi Arabia would push for an oil-production...
Click here 0 1,402
Plains All American fourth quarter profits drop 73 percent on regional crude prices
Houston pipeline operator Plains All American Pipeline LP saw its fourth quarter profits drop by 73 percent amid narrowing price differences between crude oil produced in the Permian Basin of West Texas and elsewhere in...
Click here 0 1,338
Oil nears a dangerous tipping point
(Bloomberg) — As computer screens flash red for energy markets from Houston to Singapore, oil traders are urgently asking themselves one question: is a historic crash about to repeat itself? The meltdown caused by the...
Click here 0 1,332
Energy industry's declining returns are slowing investment, Hess CEO tells Argus gathering
Investors are losing confidence in oil stocks, and that will eventually plague the industry, the CEO of Hess Corp. says. Source: FuelFix
Click here 0 1,300
In Houston, former Exxon CEO Tillerson urges Trump to reassure allies
President Donald Trump should reassure U.S. allies during tonight’s State of the Union speech, former Secretary of State Rex Tillerson said Tuesday at an energy conference in Houston. Source: FuelFix
Click here 0 1,288
