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Occidental Adds Former BlackRock Director To Board Amid Icahn Battle

2019-07-11 18:58:20| OGI

Occidental Petroleum added former managing director of BlackRock Advisors, Bob Shearer, to its board amid moves from famed activist investor Carl Icahn to launch a proxy fight.

Tags: board director battle adds

Category: Industrial Goods and Services

OPEC Sees Lower 2020 Demand For Its Oil, Points To Surplus

2019-07-11 18:20:22| OGI

Production cuts have given a sustained boost to U.S. crude suppliers.

Tags: to points lower oil

Category: Industrial Goods and Services

Britain Says It Fended Off Iranian Attempt To Block Tanker

2019-07-11 17:59:41| OGI

Warship intervened when vessel was threatened; ships in the Persian Gulf are advised to go to a higher state of alert.

Tags: to block britain attempt

Category: Industrial Goods and Services

Frac Spread: Energy Markets Rattled As Storm Nears

2019-07-11 17:24:53| OGI

Ethane falls to the lowest point since Hart Energy began tracking price; oil jumps as Tropical Storm Barry approaches the Louisiana coast.

Tags: energy markets spread storm

Category: Industrial Goods and Services

Maersk Parent Company Enters Renewables With Wind Farm Acquisition

2019-07-11 15:55:11| OGI

The acquisition of KK Wind Solutions marks a new direction for A.P. Moller, a family-owned company that has built its business on the shipping and oil industry.

Tags: company parent wind farm

Category: Industrial Goods and Services

Tellurian, Total Finalize Louisiana Driftwood LNG Export Plant Agreements

2019-07-11 15:47:30| OGI

Tellurian said it planned to make a final investment decision this year on whether to build Driftwood, which would enable the plant to enter service in 2023.

Tags: total export plant louisiana

Category: Industrial Goods and Services

Meritage Midstream Extends Binding Open Season For New Movement On Thunder Creek Natural Gas Liquids Pipeline System

2019-07-11 15:18:40| OGI

The binding open season process provides potential shippers with the opportunity to obtain firm capacity on the proposed new movements by making deemed volume commitments to Thunder Creek during the binding open season. 

Tags: system open natural season

Category: Industrial Goods and Services

McDermott Bags FEED Work From Qatar Petroleum

2019-07-11 15:15:43| OGI

Work on the project will begin immediately, and the contract award will be reflected in McDermotts second quarter 2019 backlog.

Tags: work feed bags qatar

Category: Industrial Goods and Services

Cuadrilla To Restart Fracking At British Site In Third Quarter

2019-07-11 14:59:17| OGI

British shale gas company Cuadrilla said on July 11 it would restart fracking at its Preston New Road site in Britain in the third quarter of 2019.

Tags: site third british quarter

Category: Industrial Goods and Services

Marketed: PT Petroleum Southern Midland Basin Production, HBP Acreage

2019-07-11 14:45:00| OGI

PT Petroleum and affiliated companies retained Wells Fargo Securities for the sale of certain upstream oil and gas assets within the Permian in the Southern Midland Basin.

Tags: production southern petroleum basin

Category: Industrial Goods and Services

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