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Daily Oil & Gas and Wall Street Journal News
6/23/17 Oil in Bear Market Declines for Fifth Week as Supply Climbs Posted on Thursday June 22, 2017
"It's becoming bearish mania," said one analyst.
Greece Approves Offshore Applications by Total-ExxonMobil, Energean Posted on Thursday June 22, 2017
Greece approved applications submitted by a consortium of Total, ExxonMobil and Hellenic Petroleum, its energy ministry said.
Argentina's YPF Says Technology Lowering Its Shale Costs Posted on Thursday June 22, 2017
Loma Campana is the first productive field in Argentina's Belgium-sized Vaca Muerta shale formation.
US Drillers Add Oil Rigs for Record 23rd Week in a Row -Baker Hughes Posted on Thursday June 22, 2017
U.S. energy firms added 11 oil rigs in the week of June 23, Baker Hughes said Friday.
Kemp: Oil Market Flashes Warning About Stock Levels in 2018 Posted on Thursday June 22, 2017
The emergence of a large contango implies many hedgers and speculators now expect stocks to remain higher than before.
Petrobras Revives Plan for IPO of Fuel Distribution Unit Posted on Thursday June 22, 2017
Petrobras' CEO said the company is reviving an initial public offering of its fuel distribution unit to cut its debt.
Russia's Novatek Aims Topple Qatar from LNG Top Spot Posted on Thursday June 22, 2017
Qatar and Russia have long been rivals in global gas markets.
Gazprom Smells Opportunity as UK's Biggest Gas Store Shuts Posted on Thursday June 22, 2017
While Britain's import needs are mostly met by Norway, it also receives Russian fuel indirectly through pipelines.
Four of Canada's Biggest Banks Are Key Trans Mountain Lenders -Filings Posted on Thursday June 22, 2017
Energy infrastructure projects in Canada have faced opposition from environmental groups and aboriginal communities.
China, India, Japan Hamper Asia Oil Demand Growth Posted on Thursday June 22, 2017
Faltering demand growth in key Asian crude importers is further hampering efforts to restore market balance.
Wall Street Journal
WSJ.com: Commercial Real Estate
Excuse Me, You're Blocking My Sun Australia?s rapid embrace of rooftop panels?now installed on one in four homes in some areas?has collided with another hot spot of investment, construction of apartments and homes. 1031 Exchange Real Estate Tax Break Faces Extinction A much-loved tax advantage in the commercial real-estate industry is on the chopping block even as chances dim for the passage of a broad federal tax overhaul this year. Mall Tenants Play Hardball In Lease Negotiations Retailers, food and beverage operators and department store chains looking to renew their leases have been asking for more allowances from mall owners. Mall Project Denied on Former Shea Stadium Site New York?s highest court on Tuesday blocked the development of a billion-dollar shopping mall on a Citi Field parking lot in Queens, affirming a ruling that the project needs legislative approval to proceed. New Jersey Landlords Sweeten Perks With Ride-Hailing Subsidies Food trucks and fitness centers are among the amenities that New Jersey office landlords have been using to attract tenants.The latest perk: Subsidies for digital ride-hailing services such as Uber and Lyft. McCourt Global Puts Money Into Modular Construction One of New York City?s most prominent investors is betting on modular construction. McCourt Global led a group of investors in a $6 million round of funding for Brooklyn company FullStack Modular LLC. Owners of Two Connected Midtown South Buildings Refinance Property The owners of two connected Midtown South Buildings have secured $430