Penny Stocks: Chesapeake Energy is on an Upward Swing
March 27, 2019
Penny Stocks: Chesapeake Energy is on an Upward Swing
Pemex Imports Crude in February, Despite President’s Aversion
March 27, 2019
From Reuters Mexican state oil company Pemex imported crude oil in February despite the new president’s sharp criticism of the previous government’s authorization of foreign oil shipments, official data showed on Tuesday. President Andres Manuel Lopez Obrador, who took office in December, promises to make Mexico energy independent over the next three years and has often blasted foreign imports as
Saudi Aramco to Buy Majority Stake in Petrochemicals Producer Sabic for $69.1 Billion
March 27, 2019
From The Wall Street Journal Saudi Arabia’s national oil company has agreed to buy a 70% stake in Saudi Basic Industries Corp., the kingdom’s petrochemicals firm, for $69.1 billion, giving Crown Prince Mohammed bin Salman’s agenda a massive jolt of cash. The merger of Aramco and Sabic, as the petrochemicals firm is known, would join the country’s two largest companies.
Green New Deal Rejected in U.S. Senate Vote
March 27, 2019
From Reuters U.S. Senate Republicans on Tuesday defeated the “Green New Deal” resolution that called for tackling climate change by moving the United States off fossil fuels, while Democrats said the vote was a political stunt on an issue that will not die. The vote was 57 against the resolution in the 100-member chamber, with 43 Democrats voting “present,” avoiding
Royal Dutch Shell plc: Notification and Public Disclosure in Accordance With the Requirements of the EU Market Abuse Regulation of Transactions by Persons Discharging Managerial Responsibilities
March 27, 2019
Royal Dutch Shell plc: Notification and Public Disclosure in Accordance With the Requirements of the EU Market Abuse Regulation of Transactions by Persons Discharging Managerial Responsibilities
Activity Halted at Venezuela’s Oil Port, Upgraders After Blackout
March 27, 2019
From Reuters Venezuela’s main oil export port of Jose and four crude upgraders have been unable to resume operations following a power blackout on Monday, according to industry workers and a union leader close to the facilities. The most recent oil shipment for export, on the carrier Dragon chartered by Russia’s Rosneft, left Jose, which is owned by state-run PDVSA,
Royal Dutch Shell plc: Transaction in Own Shares
March 27, 2019
Royal Dutch Shell plc: Transaction in Own Shares
Weekly Oil Storage: Moderate Build
March 27, 2019
The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks rose by 2,800 MBBL last week to 442,283 MBBL from 439,483 MBBL. This is 3% above the 429,949 MBBL that was in storage at this point last year, and is 2% below the five-year
Divestco Receives Court Approval for Sales Solicitation Process and “Stalking Horse” Bid
March 27, 2019
Divestco Receives Court Approval for Sales Solicitation Process and “Stalking Horse” Bid
Oil & Gas Automation Market – Growth, Trends and Forecast Analysis (2019-2024) – ResearchAndMarkets.com
March 27, 2019
Oil & Gas Automation Market – Growth, Trends and Forecast Analysis (2019-2024) – ResearchAndMarkets.com
Oriden Launched As Pittsburgh’s Newest Renewable Energy Player
March 27, 2019
Oriden Launched As Pittsburgh’s Newest Renewable Energy Player
Shell Sells 40 Percent of Colombian Offshore Blocs to Noble Energy
March 27, 2019
From Reuters Shell has sold 40 percent of its participation in two offshore oil exploration contracts in Colombia to Noble Energy, which will also operate the blocs, the government said on Tuesday. Colombia recently modified contractual terms for offshore exploration and launched a permanent bidding process in an effort to boost its long-stagnant oil sector. Neither the companies nor the
