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Daily Oil & Gas and Wall Street Journal News
3/25/19 Brazil Prepares for 16th Licensing Round The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has scheduled its 16th Round of Bids for exploratory blocks for Oct. 10. Oil Prices Start the Week Mixed The WTI inched downward and the Brent finished slightly positive. Commodity Traders Face Bribery and Corruption Probes The biggest independent oil and metals trading houses are facing bribery and corruption investigations in multiple jurisdictions. Part of Houston Ship Channel Reopens The US Coast Guard has ordered pilots to stay at least 30 minutes apart as clean-up continues. Tenaris to Buy IPSCO Tubulars for $1.2B Steel pipe manufacturer Tenaris S.A. has entered into a definitive agreement to acquire IPSCO Tubulars, Inc. for $1.2 billion. Crude Oil Wavers Amid Recession Fears Anxious traders weighed a slowdown in the global economy. $77B Earmarked to Boost China's Domestic Oil Output China's big three -- PetroChina Co., Sinopec Corp. and Cnooc Ltd. -- are raising combined capital expenditure to about 517 billion yuan ($77 billion), up 18 percent from last year. RockRose Energy Offers to Buy IOG Debt London-based RockRose Energy plc made an offer to buy all of Independent Oil and Gas plc (IOG) debt for £40 million (about $53 million USD) cash. West African Country Eyes Licensing Wrap-up by June Ivory Coast's government is in talks with French and Italian majors North Sea Oil Output to Drop Oil output in the North Sea will drop in May and June.
Wall Street Journal
Commercial News 3/25/19 |
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