Reuters NEW YORK – Calumet Specialty Products Partners LP has retained boutique energy bank Tudor, Pickering, Holt & Co to sell its small oil refinery in Great Falls, Montana, according to two people familiar with the talks. The refinery has the capacity to process 30,000 barrels per day of crude, according to the company’s website. That puts it below the
Saturn Oil & Gas Inc. Supports Ongoing ESG Focus with New Director Appointment
Piedmont Natural Gas bills to significantly decrease for Tennessee customers
Oil Producer Stocks Getting Smashed by Today’s OPEC Announcement
Minority- and Women-owned Businesses, Other Diverse Companies Get 42 Percent of SoCalGas Spending in 2019
CNBC The oil price rout this week may be a chance for the industry to restructure and could ultimately be a positive for the market, a strategist said on Wednesday. The oil markets tanked Monday, plunging over 20% following a disagreement on production cuts between OPEC and its allies. Russia declined to lower output last week, and Saudi Arabia announced Saturday that it will offer discounts to its official selling
Reuters HOUSTON – A court-ordered sale of one-time shale high-flyer Alta Mesa Resources Inc fell through due to a lack of financing on Monday, according to court filings, a day when oil prices and shares of U.S. oil producers plummeted. Investors and banks have pulled back on financing shale after poor returns, and this year’s drop of about 40% in
Offshore Oil Stocks Are Sinking Again as Crude Price War Escalates
Houston Chronicle Saudi Arabia and Russia’s price war is handing over a multi-billion dollar profit opportunity to the world’s largest oil traders. With both Riyadh and Moscow outdoing each other by pumping more oil into an already flooded market, crude prices have flipped. A new price structure, called a contango, allows the traders to make easy money by buying crude
Initial Engagement Agreement between eight First Nations and Gazoduq paves way for meaningful Engagement Process
Reuters LONDON – Royal Dutch Shell is in talks to charter at least three supertankers to store crude oil at sea as traders brace for a sharp rise in global stocks after OPEC and its allies abandoned a production cut deal, shipping sources said on Wednesday. Shell has provisionally booked three 2 million barrel vessels, known as very large crude
Altona Energy Plc – Open Offer to Raise up to £400,000
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