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Rocket hits ExxonMobil, other oil firms in Iraq   Jun 19, 2019
BASRA, Iraq — A rocket landed at a residential and operations headquarters of several global major oil companies, including U.S. giant ExxonMobil, near Iraq's southern city of Basra early on Wednesday, wounding three Iraqi workers, police said. NBC News  

US lawmaker: east Med cooperation to counter Russia   Jun 19, 2019
Energy companies including ExxonMobil, France's Total and Italy's Eni are licensed to carry out exploratory drilling in waters where Cyprus has exclusive economic rights. ExxonMobil and Eni have ... Yahoo Finance  

Natural Gas Price Prediction – Prices Rally Ahead of Inventory Report   Jun 19, 2019
Natural gas prices shot up 2% on Wednesday ahead of Thursday’s inventory report from the Department of Energy, Expectations are for natural gas stockpiles to increase by 106 Bcf according to ... Yahoo Finance  

ConocoPhillips, Woodside see weak LNG prices as short-term issue   Jun 19, 2019
* Projects with unsold volumes could hurt market in mid-2020s * Long term contracts needed to underpin new projects (Adds Woodside CEO comment) By Sonali Paul BRISBANE, May 28 (Reuters ... Yahoo Finance  

Natural Gas Price Prediction – Prices Fall on Large Inventory Build   Jun 19, 2019
Natural gas prices moved lower on Thursday following the Department of Energy’s inventory report. Prices gave back all of Wednesday’s gains, slumping more than 2.6%. The weather is expected to ... Yahoo Finance  

Better Buy: Baker Hughes vs. Core Laboratories N.V.   Jun 19, 2019
At a high level, Baker Hughes owns drilling equipment that it then uses on behalf of customers (think companies like ExxonMobil and Chevron) to, hopefully, produce lots of oil. It's a capital ... Yahoo Finance  

Chevron (CVX) to Sell North Sea Assets to Delek Group for $2B   Jun 19, 2019
In a bid to streamline portfolio, Chevron CVX will divest bulk of North Sea assets in the United Kingdom to Israeli conglomerate Delek Group’s subsidiary, Ithaca Energy, for about $2 billion ... Yahoo Finance  

Shell pledges to reveal the taxes it pays in every country   Jun 19, 2019
AMSTERDAM (Reuters) - Oil and gas giant Royal Dutch Shell PLC will disclose how much ... Among other Dutch multinationals, healthcare company Philips confirmed at Wednesday's hearing that it ... Yahoo Finance  

Why Oil Majors Are Going All-In On U.S. Shale   Jun 19, 2019
In April, ConocoPhillips agreed to sell its North Sea oil and gas assets to Chrysaor for $2.68 billion. It, too, is focusing increasingly on shale. The exit of two oil majors from the North Sea in ... Yahoo Finance  

3 Stocks to Build Your Portfolio Around   Jun 19, 2019
such as the most recent offer of $10 billion in financing to help Occidental Petroleum finance its buyout bid for Anadarko Petroleum. I'm comfortable having Berkshire as the cornerstone of my ... Yahoo Finance  

Activist investor Carl Icahn sues Occidental Petroleum over $38 billion Anadarko merger   Jun 19, 2019
Activist investor Carl Icahn is trying to torpedo a $38 billion merger between Occidental Petroleum Corp. and Anadarko Petroleum Corp., labeling the deal as “fundamentally misguided and hugely ... Yahoo Finance  

Jim Cramer Weighs In On Anadarko, Micron And More   Jun 19, 2019
On CNBC's "Mad Money Lightning Round," Jim Cramer said it's time to move on from Anadarko Petroleum Corporation (NYSE: APC). He sold it for his charitable trust. A big analyst meeting is coming ... Yahoo Finance  

Mexico takes aim at former Pemex CEO in fight against graft   Jun 19, 2019
Investigative news site Quinto Elemento Lab reported last August that AHMSA paid $3.7 million to a shell company allegedly set up by Brazil's scandal-hit builder Odebrecht . (Reporting by Anthony ... Yahoo Finance  

Trump's Mexican tariffs could hit U.S. refiners, add to fuel costs   Jun 19, 2019
Mexico sends 600,000 to 700,000 barrels of oil to the United States every day ... said a spokesman for Chevron Corp, adding the company supports free and fair trade. Chevron has opened 100 ... Yahoo Finance  

Investor Icahn sues Occidental Petroleum over 'misguided' Anadarko deal   Jun 19, 2019
HOUSTON (Reuters) - Occidental Petroleum Corp's activist investor Carl Icahn has filed a lawsuit against the company over what it called its "misguided" pact to buy Anadarko Petroleum Corp ... Yahoo Finance  

Oil producer Canadian Natural doubles down on Canada in $2.8 billion deal with Devon   Jun 19, 2019
(Reuters) - Oil and gas producer Canadian Natural Resources Ltd said on Wednesday it would buy the Canadian assets of U.S.-based Devon Energy Corp for C$3.8 billion ($2.81 billion) in cash ... Yahoo Finance  

Plains Sells Red River System's 33% Stake to Delek Logistics   Jun 19, 2019
The partnership announced the formation of W2W Pipeline joint venture with the subsidiaries of ExxonMobil XOM and Lotus Midstream, LLC. Its equity stake will be less than 20% in the joint venture. Yahoo Finance  

New PNG leader "taking back" economy, puts resources firms on notice   Jun 19, 2019
Marape, who hails from PNG's poor but gas-rich highlands, had even quit the government in April after questioning a deal with France's Total, which allows it, Oil Search Ltd and ExxonMobil Corp to ... Yahoo Finance  

Natural Gas Price Forecast – Natural gas markets drift lower   Jun 19, 2019
Natural gas markets belted during the trading session on Thursday, so signs of exhaustion just below the 50 day EMA. This is a market that is very bearish overall, but we are in extreme lows so it ... Yahoo Finance  

Chevron Starts 2nd Stage Drilling in Australia Gorgon Project   Jun 19, 2019
Chevron Corporation CVX recently commenced expansion work of the Gorgon LNG project in Western Australia through second stage drilling operations. The campaign is expected to feed the three ... Yahoo Finance  

Occidental to sell parts of Anadarko after debt-fueled acquisition   Jun 19, 2019
HOUSTON (Reuters) - Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire Anadarko Petroleum. It also ... Yahoo Finance  

Strong Production, Mild Weather Keeps Natural Gas Prices Low   Jun 19, 2019
The U.S. Energy Department's weekly inventory release showed a smaller-than-expected increase in natural gas supplies. However, the injection was higher than the five-year average as mild weather ... Yahoo Finance  

Anadarko sanctions Mozambique LNG construction   Jun 19, 2019
U.S. independent Anadarko and its co-venturers in Mozambique’s Offshore Area 1 have reached the final investment decision (FID) on Area 1 Mozambique LNG project. The FID confirms the Area 1 plan of development is now effective with notice provided to the ... LNG World News  

TC Energy (TRP) to Vend Northern Courier Pipeline for $860M   Jun 19, 2019
Notably, the 90-kilometer conduit deals with the transportation of bitumen and diluent between the Fort Hills mine site and a terminal owned by Suncor Energy SU. Subject to customary approvals ... Yahoo Finance  

Oil Prices Inch Up as OPEC Edges Closer to Agreeing on Meeting Date   Jun 19, 2019 - Oil prices edged up on Wednesday in Asia following reports that OPEC and its allies are close to agreeing on a date for their next meeting. U.S. Crude Oil WTI Futures gained 0.3% ... Yahoo Finance  

Iraq Rocket Attack Said to Land Far From Exxon Oil Fields   Jun 19, 2019
A rocket attack in southern Iraq landed near an Exxon Mobil Corp. workers camp but didn’t affect oil fields or exports, according to a person with knowledge of the matter. It wasn’t immediately clear whether Exxon’s operations were the target, the ... Bloomberg L.P.  

How Much Of Nagarjuna Oil Refinery Limited (NSE:NAGAROIL) Do Institutions Own?   Jun 19, 2019
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you want to know who really controls Nagarjuna Oil Refinery Limited ... Yahoo Finance  

ConocoPhillips adds to Alaska North Slope acreage with deal for Nuna field   Jun 19, 2019
ConocoPhillips (COP +1.4%) agrees to acquire 11 tracts covering 21K acres in Alaska's North Slope from Caelus Natural Resources for an undisclosed sum. The acreage includes the Nuna oil discovery ... Seeking Alpha  

Mozambique Gas Riches Near as $25 Billion LNG Plant Approved   Jun 19, 2019
Anadarko Petroleum Corp. approved a $25 billion liquefied natural gas project in Mozambique which could help transform the economy of one of the world’s poorest countries. Anadarko Chief Executive Office Al Walker signed a final investment agreement with ... Bloomberg L.P.  

Natural Gas Price Prediction – Prices Tumble Ahead of Inventory Report   Jun 19, 2019
Natural gas prices moved lower on Monday, dropping 2.6%, and testing the June lows. This comes ahead of Thursday inventory report from the Department of Energy. Expectations are that inventories ... Yahoo Finance  

EU ministers urge action over Turkey's drilling off Cyprus   Jun 19, 2019
Companies that Cyprus has licensed to drill for gas off its southern coast include ExxonMobil, Italy's Eni and France's Total. Houston Chronicle  

Natural Gas Price Forecast – Natural gas markets flat   Jun 19, 2019
Natural gas markets did very little to kick off the week on Monday as we continue to simply mill about. That being the case, the market is likely to drift a little bit higher because quite frankly ... Yahoo Finance  

Natural Gas Price Prediction – Prices Consolidate While LNG Exports Rise   Jun 19, 2019
Natural gas prices were little changed on Monday, as they hover just above short term support. LNG exports increased in the latest week, but demand remains relatively tame. There are no hurricanes ... Yahoo Finance  

Optimism over trade sends US stocks sharply higher   Jun 19, 2019
Story continues SM Energy climbed 6.6% after the oil and natural gas company raised production forecasts for the second quarter and full year. U.S. government bond prices rose, sending yields lower. Yahoo Finance  

TechnipFMC Awarded Subsea Contracts for Anadarko’s Mozambique LNG   Jun 19, 2019
TechnipFMC (FTI) (FTI) has been awarded a number of subsea contracts by Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, for its Mozambique Golfinho ... Yahoo Finance  

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