News
Biden pledges U.S. net zero emissions by 2050
Joe Biden announced Tuesday that if elected president he would set the United States on the path to get to net-zero greenhouse gas emissions in three decades. Source: FuelFix
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LyondellBasell-Braskem end merger talks
After nearly a year of talks and significant delay, LyondellBasell and Braskem have mutually ended talks over a potential multi-million merger.The Houston petrochemical maker said Tuesday morning it has ended discussion with Braskem’s controlling shareholder...
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Halcon Resources threatened with NYSE delisting
Floyd Wilson’s Petrohawk Energy pioneered South Texas’ Eagle Ford shale, but his predecessor firm Halcon Resources could be on the verge of collapse. Source: FuelFix
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Oil trades near four-month low amid OPEC cuts, economy concerns
Oil held near the lowest in more than four months in London, as expectations that OPEC will continue to restrain supplies tempered concerns that threats to the global economy will hurt demand. Source: FuelFix
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What trade war? Citi sees brent at $78 within three months
Forget the trade war and global growth pessimism. Citigroup Inc. is sticking to its target of Brent oil rising to $78 a barrel in three months. Source: FuelFix
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