Daily Oil & Gas and Wall Street Journal News
8/14/18 Dollar, Lira and Kingpin Weigh on Tuesday's Trading Posted on Monday August 13, 2018
A stronger US Dollar and a weakening Turkish lira factored into the oil market's performance on Tuesday.
Diamondback To Buy Energen In $9.2B Deal To Boost Permain Presence Posted on Monday August 13, 2018
Diamondback Energy says it will buy Energen Corp in an all-stock deal valued at $9.2 billion.
Hardcore Hedge Fund Bulls Say Iran Sanctions May See Oil At $150 Posted on Monday August 13, 2018
Some of the world's most prominent energy investors are convinced the price will return to record highs.
Nigeria's State Oil Company Considers Refinery Partnerships Posted on Monday August 13, 2018
Nigeria's state oil company could allow private investors to install two refineries on two of its sites, it says.
China Oil Refinery Output Up 12% In July, Buoyed By State Refiners Posted on Monday August 13, 2018
Chinese oil refinery output rose 11.6% in July from a year earlier.
Russia's Putin, Germany's Merkel Will Discuss Nord Stream-2 Gas Pipeline Posted on Monday August 13, 2018
Russian President Vladimir Putin and German Chancellor Angela Merkel will discuss the disputed, Moscow-led Nord Stream-2 gas pipeline project.
Trump Trade War Threatens US Natural Gas Exporters Posted on Monday August 13, 2018
This winter could be a bleak one for America's natural gas exporters as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war.
Eni Plans More Offshore, Onshore Egypt Drilling Posted on Monday August 13, 2018
Eni has further strengthened its position in Egypt.
After Billions in Blowouts, Mega Oil and Gas Projects Are Back Posted on Monday August 13, 2018
Investors are about to find out whether the world's largest oil companies have learned their lesson from $80B of cost blowouts in major projects during the era of $100 crude.
Rule Change Cuts Demand for Canadian Oil Posted on Monday August 13, 2018
Canadian heavy oil producers are facing a new barrier to marketing their crude.
Wall Street Journal
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.