Stocks rise as oil remains on track for biggest weekly fall since June
Stocks in Asia were higher overnight with the Nikkei (^N225) rising 1.9% on the day in Japan, nearing…
Occidental: On Further Review, We Reduce Our Fair Value Estimate by Nearly 3%
Securities in This Article Key Morningstar Metrics for Occidental Petroleum Berkshire Hathaway BRK.A is officially buying OxyChem, Occidental…
Islands Petroleum to acquire Puma Energy fuel assets in Kimbe and Kavieng
Deal strengthens fuel security and supply resilience in regional Papua New Guinea. Islands Petroleum Limited has signed agreements…
Neches River Ramp Pushes Ethane Exports to Record in September
Executive Summary: Infrastructure: US ethane exports likely hit a record high in September thanks to a ramp at…
Global investors on high alert as Nigeria opens $400m crude export terminal
The terminal, developed by Green Energy International Limited (GEIL), operators of the Otakikpo field in OML 11 at…
Occidental Petroleum OXY Stock Price Forecast
Occidental Petroleum (NYSE:OXY) Stock Under Pressure After $9.7B OxyChem Sale Berkshire Hathaway’s $9.7 Billion Purchase Changes OXY’s Structure…
Here’s Why We’re Not Too Worried About Borders & Southern Petroleum’s (LON:BOR) Cash Burn Situation
We can readily understand why investors are attracted to unprofitable companies. For example, Borders & Southern Petroleum (LON:BOR)…
Crude oil prices rise to $64.46 but remain set for largest weekly decline in over 3 months
Oil prices inched higher on Friday after four consecutive sessions of losses, though they remained on course for…
Concerns of a Global Supply Glut and Weak Energy Demand Hammer Crude Prices
November WTI crude oil (CLX25) on Thursday closed down -1.30 (-2.10%), and November RBOB gasoline (RBX25) closed down…
Newsom’s Concessions to Oil Industry Will Not Save It
Access to adequate supplies of gasoline and diesel fuel for Californians is in dire peril, and the signing…
Oil Sector Divestments Added 200,000 bpd to Nigeria’s Crude Output – THISDAYLIVE
•Seeks greater integration amid $4tn in Africa’s domestic capital •Says continent spends over $120bn annually on hydrocarbons imports …
New Mexico – Targa’s, Enterprise’s and MPLX’s Sour-Gas-Related Assets in the Northern Delaware
The handful of midstreamers that have built out and/or acquired the sour gas treatment facilities, acid gas injection…