Reuters: U.S. crude exports to Asia, which have slumped due to record freight costs, stirred on Thursday as rates slid and the premium in Asia for Russia’s ESPO Blend oil sent buyers back to U.S. grades, according to market sources. Oil shipping costs for United States Gulf Coast to Asia cooled this week from record highs on the prospect of
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Source: Houston Chronicle Marathon Petroleum Corp. board members are meeting this week with activist investors to discuss Chief Executive Officer Gary Heminger’s future and the company’s strategy amid calls to split up its businesses, according to people familiar with the matter. After investors Paul Foster and Jeff Stevens met with several board members on Wednesday, representatives for Elliott Management Corp.
Contango Announces John Goff as New Chairman of the Board and Enhancement to Its Management Team
