Daily Oil & Gas and Wall Street Journal News
4/21/18 Kazakhstan to Slash Heavy Oil Exports as it Goes Upmarket Posted on Thursday April 19, 2018
The Central Asian country's oil refineries could reduce fuel oil exports by around 35 percent this year.
Indonesia Compensates Pertamina with Oil Block Handover Posted on Thursday April 19, 2018
Pertamina has signed deals to take over rights to eight expiring oil field blocks previously held by firms including Chevron, CNOOC and Inpex, Indonesian energy ministry officials said.
East Coast Booms on Export Demand for Diesel, Heating Oil Posted on Thursday April 19, 2018
Latin American buying has helped drive strong export flows and bolster refinery margins.
Japan Carbon Capture Site Shows Promise for Industrial Use Posted on Thursday April 19, 2018
A test site in Japan for burying CO2 below the seabed off Hokkaido island is showing more promise than other CCS projects, its developer says.
Explorers Crank Rig Count Higher as US Crude Supplies Dwindle Posted on Thursday April 19, 2018
Oil explorers deployed more U.S. rigs this week as increasingly tight crude supplies pushed prices to their highest since 2014.
Petrobras Is Said to Receive Three Bids for Natural Gas Unit Posted on Thursday April 19, 2018
etrobras has received three bids for a 2,800-mile (4,506 kilometer) natural gas pipeline system, said people knowledgeable on the matter.
Oil Shrugs Off Trump Tweet to Rise for a Second Straight Week Posted on Thursday April 19, 2018
Oil rose for a second straight week.
Norway's Odfjell Drilling to Expand Fleet as Rig Market Recovers Posted on Thursday April 19, 2018
Offshore rig firm Odfjell Drilling plans to expand its floating rig fleet to between six and 10 from four now, it said on Friday.
Oklahoma Regulators Order Disposal Well Shut, More Reductions After Quakes Posted on Thursday April 19, 2018
Oklahoma regulators on Thursday ordered a wastewater disposal well shut and told two operators to reduce injection volumes, the second such directive in less than two weeks.
Oil Major Total's CEO Says Will Not Give Up on Venezuela Posted on Thursday April 19, 2018
"Despite all the difficulties, Total remains in Venezuela," said CEO Patrick Pouyanne.
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.