Sunday, June 14, 2026
Proxy adviser Glass Lewis backs Noble Energy sale to Chevron: memo- oil and gas 360

Elliott seeking to break up Noble Energy’s sale to Chevron: Bloomberg reporter

Reuters Activist investor Elliott Management is seeking to break up Noble Energy Inc’s $5 billion sale to oil major Chevron Corp, a Bloomberg reporter tweeted here on Wednesday. A notice posted on the U.S. Federal Trade Commission website on Tuesday showed the hedge fund had built a stake in Noble Energy. In response to the tweet, Braden Reddall, manager, external affairs at

https://www.reuters.com/article/us-enterprise-prodt-results/enterprises-midland-to-echo-oil-pipeline-system-expansions-to-add-450000-bpd-each-idUSKBN1X71J0-oag360

Enterprise ($EPD) cancel’s ECHO-4 pipeline project

My West Texas – Erin Douglas Enterprise Products Partners will cancel a crude oil pipeline project that would have transported oil from Midland to markets in the Houston area, the company said Wednesday. The Houston pipeline operator amended agreements with customers to cancel the pipeline project, which would have moved about 450,000 barrels of crude per day from Midland to

Second wave of floating storage triggered by ailing oil market- oil and gas 360

Second wave of floating storage triggered by ailing oil market

Reuters LONDON  – A stalled global economic recovery from the coronavirus pandemic is leading to a fresh build-up of global oil supplies, pushing traders including Trafigura to book tankers to store millions of barrels of crude oil and refined fuels at sea again. The use of so-called floating storage onboard tankers comes as traditional onshore storage remains close to capacity