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Tidewater To Buy GulfMark As Offshore Drilling Eyes Recovery
Posted on Sunday July 15, 2018

Tidewater says it will buy smaller rival GulfMark Offshore in an all-stock deal to create a $1.25 billion company.

Protesters At Iraq's Siba Gas Field Demand Jobs, Better Services
Posted on Sunday July 15, 2018

About 200 protesters gathered at the main entrance to Iraq's Siba natural gas field on Monday, police sources say.

China Willing To Invest $3B In Nigerian Oil Operations - NNPC
Posted on Sunday July 15, 2018

China National Offshore Oil Corp is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation says.

Aker BP Appoints New Exploration SVP
Posted on Sunday July 15, 2018

Aker BP announces Monday that it has appointed Evy Glørstad-Clark as its new exploration SVP.

Norwegian Shipowner's Association: Norwegian Offshore Rig Strike Escalates
Posted on Sunday July 15, 2018

A strike on Norwegian offshore oil and gas rigs has escalated, the Norwegian Shipowner's Association revealed Monday.

WoodMac: OPEC Will Continue to Play Important Role in Oil Market to 2040
Posted on Sunday July 15, 2018

OPEC will continue to play an important role in the oil market to 2040, according to a new report by Wood Mackenzie.

Analysts: SDX's Egypt Appraisal Well Result 'Very Encouraging'
Posted on Sunday July 15, 2018

North Africa focused oil and gas company SDX Energy Inc announces that a 'successful' production test has been conducted at its SD-4X appraisal well at South Disouq in Egypt.

Argentina to Include New Companies in Vaca Muerta Labor Deal
Posted on Thursday July 12, 2018

The Vaca Muerta play in Patagonia is one of the world's largest reserves of unconventional hydrocarbons.

Oil Rises But Declines for the Week As Supply Concerns Ease
Posted on Thursday July 12, 2018

Oil prices rose on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline.

Weak Start for Vitol's Viva Energy on Australian Bourse
Posted on Thursday July 12, 2018

Vitol and its unnamed partners built Viva Energy after buying Shell's former refinery in Geelong near Melbourne and its petrol stations in Australia for $2.6 billion in 2014.

WSJ.com: Commercial Real Estate

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.

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.