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Daily Oil & Gas and Wall Street Journal News
6/15/19 Oil Prices Down for the Week The WTI is down 2.7 percent and Brent is down two percent. Oil Tanker Insurance Premiums Set to Surge Oil tanker owners face spiraling insurance costs to load cargoes from the world's largest crude-export region after the latest round of attacks. Port Arthur Terminal Expansion Wraps Up HEP's expanded terminal facility in Port Arthur, Texas. PHOTO: Business Wire Is Permian's Parsley Energy a Top Target for Buyers? But major producers are wary of scooping up smaller rivals as would-be sellers are demanding too much money. Trump Threatens to Block Nord Stream Pipeline Link Blocking the Nord Stream 2 link under the Baltic Sea would be a blow to Russia, keeping it dependent on Ukraine as a gas export corridor. Permian NGL Access a Plus for Exxon-Sabic Project A new Corpus Christi-area ethane steam cracker complex will enjoy closer proximity to a major source of natural gas liquids feedstocks than other Texas Gulf Coast sites. Schulich Buys 5 Percent of MEG Energy Canadian investor Seymour Schulich says he bought about 5 percent of MEG Energy Corp. Investors Focus on Trade War For now, the war that really worries oil investors is the deepening trade conflict between the U.S. and China. Aker Solutions Appoints New CFO Aker Solutions has appointed Ole Martin Grimsrud as its new chief financial officer. IEA Cuts Oil Demand Growth Forecast Again The International Energy Agency now sees global oil demand growth at 1.2 million barrels per day in 2019.
Wall Street Journal
Commercial News 6/15/19 |
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