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Daily Oil & Gas and Wall Street Journal News
10/17/18

Global LNG Demand to Outperform
Posted on Tuesday October 16, 2018

Demand for LNG will post strong growth to 2027, outperforming the wider energy complex, according to oil and gas analysts at Fitch Solutions Macro Research.

Oil Steady as Data Shows Drop in Inventories
Posted on Tuesday October 16, 2018

Oil held gains after an industry report showed an unexpected drop in American crude stockpiles.

Oil Rises After Industry Reports Surprise US Crude Stock Draw
Posted on Monday October 15, 2018

Oil popped higher after an industry report showed an unexpected decline in US crude inventories.

Near Term Future of Saudi Oil Sector Examined
Posted on Tuesday October 16, 2018

Analysts from Verisk Maplecroft and EY comment on the near-term future of Saudi Arabia's oil and gas sector.

Nigerian Senate to Probe $3.5 Billion Spent by State Oil Firm
Posted on Monday October 15, 2018

Lawmakers in Nigeria will investigate $3.5 billion allegedly spent by the state oil firm on gasoline subsidies and expressed concern that the sum was not included in the national budget.

Natural Gas Helps Texans Save Almost $60B in 10 Years
Posted on Monday October 15, 2018

A new report by the Consumer Energy Alliance finds that Texas residents saved billions of dollars, thanks to natural gas production.

Gibson Jumps as Canadian Crude Woes Seen Boosting Tank Provider
Posted on Monday October 15, 2018

Gibson Energy Inc. surged the most in more than a year after announcing a plan to build 1 million barrels of new oil-tank space in Western Canada.

Shell, Equinor Commit to Tanzania LNG as They Await Host Accord
Posted on Monday October 15, 2018

Shell and Equinor say they're committed to a project that will allow the export of natural gas from Tanzania.

Tight Oil, Shale to Drive Majors' Output to New Highs
Posted on Monday October 15, 2018

By the middle of the next decade, US unconventionals will generate up to $20 billion of annual cash flow for the Lower 48.

New Produced Water Blueprint Expected in 2019
Posted on Monday October 15, 2018

An upcoming report could usher in produced water's transformation from a byproduct to a resource.

Wall Street Journal
Commercial News

10/17/18

WSJ.com: Commercial Real Estate

CBRE Global Investors Buys Stake in Three GGP Malls
One of the world?s largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail property.

FAO Schwarz Is Returning to New York
A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.

Sportswear-Maker Puma to Open New York Flagship
Germany?s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.

Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.
The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump?s son-in-law and adviser.

Sign of the Times: New Office Space Created in Retail's Tumult
Normandy Real Estate Partners? $133 million deal for the upper portion of ABC Carpet?s flagship store is an example of office space edging into territory that once was retail?s domain.

Want to Buy a Luxury Hotel in the U.S.? Try China's Insurance Regulator
When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago.

New York's Commercial Property Slump Shows Signs of Slowing
After a two-year plunge, brokers are optimistic that more deals will take place in 2018.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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