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Exxon Mobil sees oil prices staying low for couple of years

2015-03-04 18:58:10| Energy - Topix.net

Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth. Speaking at the company's annual investor meeting in New York, Tillerson cautioned that geopolitical turmoil could unexpectedly send prices higher.

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Low Oil Prices: You'd Be Surprised Which 2 Companies Are Looking to Clean Up

2015-03-03 20:30:19| Waste Management - Topix.net

Is this a huge growth opportunity, or are these refuse specialists going to regret this expansion now that oil prices have collapsed? On the way up When Waste Management bought Summit Energy Services and Liquid Logistics a few years ago, the fracking boom was still booming. At the WasteExpo Conference and Exposition in New Orleans that year, industry watchers pegged the potential market for oilfield waste services at as much as $30 billion annually.

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Seacor Holdings quadruples Q4 earnings, but low oil prices pose problems

2015-02-27 18:13:56| Oil & Gas - Topix.net

Seacor Holdings more than quadrupled its earnings in the fourth quarter, mostly because it sold and leased back two offshore support vessels. The Fort Lauderdale-based company , which provides equipment to the offshore oil and gas, shipping and logistics industries, recently named Charles Fabrikant as CEO in addition to his position as executive chairman.

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Low Energy Prices Impact on CRE May Be Negligible

2015-02-25 14:05:00| National Real Estate Investor

Not surprisingly, the decline in the price of oil will have a negative impact on energy-oriented economies around the country. However, this will only slow growth in major metro areas, not drive them into recession. read more

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