Daily Oil & Gas and Wall Street Journal News
3/18/18 Oil Posts Weekly Gain as Global Tension Outweighs Shale Fear Posted on Thursday March 15, 2018
Crude posted a second weekly gain as a whirlwind of rising geopolitical concerns stole the shale boom's limelight.
Colonial Pipeline to Pay Alabama $3.3 Mln for 2016 Spills -State Official Posted on Thursday March 15, 2018
The settlement includes a $1.3 million civil penalty and $1.8 million in projects for the state.
Eni Promises Richer Returns After Exploration Success Posted on Thursday March 15, 2018
The biggest foreign oil and gas producer in Africa will add 2 billion barrels of new oil and gas production over the next four years.
Exxon Mobil Partnering With Pakistan for Third LNG Terminal Posted on Thursday March 15, 2018
Pakistan has the largest appetite for LNG among emerging markets, according to Bloomberg New Energy Finance.
US Appeals Court Approves ETP's Bayou Bridge Pipeline Construction Posted on Thursday March 15, 2018
The disputed 162-mile (261-km) pipeline is an extension to an existing line, which transports crude from Nederland, Texas, to Lake Charles, Louisiana.
Oil, Gas Leaders Warn Trump He Risks Harming Their Industry Posted on Thursday March 15, 2018
The meeting came a week after Trump decided to slap a 25 percent levy on steel imports
On Bleak Day, Pipeline Operators Say Tax Policy Is No Big Deal Posted on Thursday March 15, 2018
On the worst stock-market day for U.S. pipeline operators in two years, Wall Street analysts and pipeline insiders saw reason to smile.
Aramco Said to Get Cool Response on IPO From US Investors Posted on Thursday March 15, 2018
Even with a market value of $1 trillion Saudi Aramco would comfortably be the planet's most valuable company.
Russian LNG Exporter Warns Against 'Vilifying' Country's Gas Posted on Thursday March 15, 2018
"We've been vilified for delivering gas to the market," said Novatek's CFO.
PTT Picks Technology Chief As Next CEO Posted on Thursday March 15, 2018
PTT Pcl, Thailand's largest oil and gas company, has chosen Chansin Treenuchgron as the next chief executive in place of Tevin Vongvanich, who will retire later this year.
Wall Street Journal
WSJ.com: Commercial Real Estate
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. NYC Council Stops Midtown Tower Construction Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,. Malls Never Wanted Gyms. Now They Court Them Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they?re giving health clubs some of their best real estate. New Jersey Office Rents Near Records Asking rents for New Jersey office space are nearing records as landlords undertake extensive renovations and fill older properties with top-notch amenities. Brookfield Property Makes $14.8 Billion Offer to Acquire Rest of GGP Brookfield Property Partners LP has made a $14.8 billion offer to acquire the shares of mall owner GGP Inc. that it doesn?t already own, according to people familiar with the matter.