News
Carl Icahn to seek control of Occidental’s board
Carl Icahn plans to nominate a slate of 10 directors in an attempt to seize control of the board of U.S. oil and gas producer Occidental Petroleum Corp., according to people familiar with the matter....
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Gas ‘witch’s brew’ has U.S. exporters facing worst scenario
A global glut of natural gas has gotten so massive that U.S. exporters could soon face their worst-case scenario: Halting shipments to get supply and demand back in balance. Source: FuelFix
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Fuel prices dip ahead of Thanksgiving holiday
Americans will get a little extra relief at the pump as we prepare for the Thanksgiving break and all of the increased travel across the country. Source: FuelFix
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Oil steady near $58 on glimmer of progress in trade war talks
Oil steadied near $58 a barrel as China made a concession that could help resolve trade tensions with the U.S. that have weighed on the global economy and fuel demand. Source: FuelFix
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Reports of Pemex cyber attack has American companies taking precautions
American oil companies operating south of the border are stepping up their cybersecurity measures following reports of a ransomware attack that allegedly knocked out computers at Mexico’s state-run oil company Petroleos Mexicanos, or Pemex. Source:...
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