Chevron Keeps Mum on Next Anadarko Move
Chevron is playing its cards close to its chest when it comes what’s next on the Anadarko deal. Chevron is playing its cards close to its chest when it comes Continue Reading
North Dakota’s Triangle Petroleum Files for Bankruptcy
Triangle Petroleum Corp., which has interests in North Dakota’s energy and commercial real-estate markets, filed for bankruptcy Wednesday with a reorganization plan under which bondholder J.P. Morgan Securities LLC will Continue Reading
Oil Production Booms… But Funding Is Drying Up
North America’s energy-focused private equity firms just saw a five-year low in fund closings and the lowest amount of total capital raised for energy investment since early 2016. During the Continue Reading
Should Chevron Walk Away From The Anadarko Deal?
Chevron is arguably the best of the integrated super-major oil companies. For the past 20 years, Chevron has delivered superior returns to shareholders, outperforming the S&P 500 for most of Continue Reading
Study finds ride-sharing companies biggest contributors to growing traffic congestion in San Francisco
Researchers from the University of Kentucky and the San Francisco County Transportation Authority have determined that, contrary to the concept and vision, transportation network companies such as Uber and Lyft Continue Reading
Trading houses caught in crossfire of Russian oil contamination
Trading houses Vitol, Glencore and Trafigura are caught in the crossfire between Russian oil producers and Western buyers, which have refused to take contaminated Russian crude bought by the traders. Continue Reading
Dyson presses UK government for earlier petrol car ban Patents show entrepreneur aiming to take on Tesla with off-road electric vehicle
Dyson urges petrol car ban by 2030 Patents reveal design for off-road electric vehicle Some costs have overrun but Dyson says it will stick to £2.5bn plan Sceptics believe 2021delivery Continue Reading
Crude oil futures higher on EIA report, bullish API data
Crude oil futures were higher during mid-morning trade in Asia Wednesday, finding support from the US Energy Information Administration’s report which said replacement for Iranian barrels following US sanctions may Continue Reading
Oil Falls After Third Consecutive Crude Build
The American Petroleum Institute (API) reported a build in crude oil inventory of 2.81 million barrels for the week ending May 3, coming in over analyst expectations of a 744,000-barrel Continue Reading
Oil rises amid surging China crude imports, U.S. sanctions
Oil prices rose on Wednesday as U.S. sanctions on crude exporters Iran and Venezuela as well as ongoing supply cuts by producers have left markets tight just as crude imports Continue Reading