DENVER, March 30, 2020 /PRNewswire/ — John M. Fox, beneficial owner of 1,427,826 common units of MPLX LP and 62,583 shares of Marathon Petroleum Company, today released the following open letter to the board of directors of …
Sen. Ted Cruz told CNBC on Monday he and eight other GOP senators recently ripped into the Saudi ambassador in a conference call over the oil price war with Russia that has threatened to put American producers out of …
WASHINGTON – U.S. President Donald Trump blamed a fight for oil market share between Saudi Arabia and Russia, as well as unspecified “Fake News,” for a precipitous drop in U.S. stock prices on Monday, amid sliding demand for crude …
Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he’s been taking advantage of the stock market’s volatility.
The billionaire founder of Equity Group Investments said in a “Squawk Box” interview that “We’ve …
Bernie Sanders’s vow to ban fracking if he’s elected president isn’t scaring off Democrats living atop Colorado’s biggest oil field.
The Vermont senator took 38% of the vote in Weld County, the epicenter of Colorado’s booming oil production, …
Canaccord Genuity’s Tony Dwyer warns that recession odds are growing. Dwyer sees the coronavirus outbreak putting the U.S. economy on thin ice.
“If you shut down some of these major cities from business activity, you’re going to go into …
South Texas rancher Jim Wright unseated incumbent Texas Railroad Commissioner Ryan Sitton in an upset Republican primary victory.
With nearly two-thirds of precincts reporting and Wright had more than 55 percent of the vote in the two-way race …
Chevron Corp. Chief Executive Officer Mike Wirth said he’s open to discussing fracking with whoever wins the 2020 U.S. presidential election.
Just hours after unveiling plans to double oil production in the Permian Basin over the next five …
The Trump administration is ready to unleash the full impact of sanctions on Chevron Corp.’s operations in Venezuela as the U.S. seeks to further squeeze the Maduro regime.
While no decision has been made, it’s increasingly unlikely that …
Lost in the hoopla over Berkshire Hathaway chairman and CEO Warren Buffett’s latest annual shareholder letter this past weekend was an implicit warning to the finance executives and managers who run corporate America: Now is the time to be …
DENVER, Feb. 24, 2020 /PRNewswire/ — ARB Midstream, LLC (“ARB” or the “Company”) announced today that Adam Bedard, cofounder and Chief Executive Officer, has shifted his role within the Company from day-to-day executive leadership to focusing on the …
Stephenson has served as chairman of the board and CEO of Verisk Analytics in Jersey City, N.J., a data analytics and risk assessment company, since April 2013, and as president since March 2011. He joined Verisk in …
DALLAS (AP) — Clayton Williams, a colorful Texas oilman and philanthropist whose 1990 run for governor was derailed after joking about rape and acknowledging he went a year without paying income taxes, has died. He was 88.
Williams …
TORONTO – Canadian Prime Minister Justin Trudeau has canceled his planned trip to Barbados to help resolve widespread rail disruptions caused by indigenous rights activists opposing the construction of a natural gas pipeline, his office said on Sunday.
Indigenous …
LS Power Taps Clean Energy Veteran to Lead Ravenswood
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MIAMI (AP) — Six American oil executives under house arrest in Venezuela were rounded up by police hours after President Donald Trump met Venezuelan President Nicolás Maduro’s chief opponent at the White House, according to family members of …
Balch & Bingham Opens Houston Office; Adds Leading Energy and M&A Attorneys Philip Dunlap and David Bowsher
…Approved Companies Names Leonard Camporeale as National Wholesale Director
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A lawsuit between rival liquefied natural gas companies Cheniere Energy and Tellurian has been dismissed just days before jury selection was set to begin.
State district court Judge Fredericka Phillips in Houston signed an order Thursday dismissing Cheniere’s …
Deval Patrick unveils plan to make U.S. carbon neutral by 2040
…DIVERGENT Energy Services Announces Change of Chief Financial Officer
…Calumet Specialty Products Partners, L.P. Names Scott Obermeier to Executive Vice President, Commercial
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WASHINGTON – Bernard McNamee, a former advisor to Texas Republican Sen. Ted Cruz and fellow at the conservative Texas Public Policy Foundation, said Thursday he would not seek a second term on the Federal Energy Regulatory Commission.
With …
Fears about the future of energy assets have led to a sell-off, but this has created “very good opportunities” for the Carlyle Group, its founder, David Rubenstein, said on Thursday.
Rubenstein, co-executive chairman of the private equity (PE) giant, …
NorthStar Midstream Names Jon A. (Jack) Hamel as SVP of Technical Services
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The chief executive of Phillips 66 has been named chair of the American Petroleum Institute, the oil and gas sector’s top trade group said Wednesday.
Phillips 66 Chairman and CEO Greg Garland will serve two years as the …
DAVOS, Switzerland – Oil majors are at the sharp end of the climate debate and face a bewildering balancing act to secure their futures.
It’s a Catch-22 situation: to meet ambitious emissions targets by investing in low-carbon technologies, they …
