Tuesday, December 16, 2025

Suncor Cuts 2016 Oil Sands Production due to Major Maintenance

From BNN Canada’s largest oil and gas producer Suncor Energy Inc. (SU.TO -3.03%) said on Tuesday 2016 capital spending will increase by around 15 percent from this year but production will drop slightly as a result of major turnarounds on oil sands facilities. Total production is expected to average 525,000 to 565,000 barrels of oil equivalent per day, with the midpoint

Air Liquide to Buy Airgas Inc. in $13.4 Billion Deal

From Houston Business Journal Air Liquide S.A., a Paris-based industrial gas manufacturer with its U.S. headquarters in Houston, has agreed to buy a Pennsylvania-based company in a deal valued at $13.4 billion, including the assumption of debt. Airgas Inc. (NYSE: ARG), which will become a wholly owned subsidiary of Air Liquide, provides industrial gases and associated products and services in

Charles Schwab Expected to Open Massive Campus in Dallas

From San Francisco Business Times Charles Schwab (NYSE: SCHW) could open a massive operations center in North Dallas, continuing the San Francisco brokerage firm’s long-running love affair with the Lone Star State. “We’re very interested in the Dallas area for future growth and have signed a lease in the Westlake area that can accommodate up to 500 employees,” Schwab spokeswoman

Wells Fargo Names Former CFO Tim Sloan President with an Eye on Succession

From San Francisco Business Times Wells Fargo said Tuesday that Tim Sloan has been named president and chief operating officer, reporting to chairman and CEO John Stumpf, effective immediately. “As we prepare for Wells Fargo’s future, Tim is an ideal choice to lead one of the best teams in banking as they accelerate investments and drive change that position us