by admin@hew-tex | Apr 12, 2019 | Hew-Tex, Uncategorized
CNBC-PUBLISHED FRI, APR 12 2019 • 6:00 AM EDT UPDATED FRI, APR 12 2019 • 10:30 AM EDT KEY POINTS Chevron plans to acquire Anadarko Petroleum in a cash and stock deal the company valued at $33 billion. The transaction values Anadarko at $65 per share, a 37% premium to...
by admin@hew-tex | Apr 2, 2019 | Hew-Tex, Uncategorized
Investments in midstream assets have paid off for the region’s oil and gas producers. Matthew DiLallo (TMFmd19) – Apr 2, 2019 at 7:48PM Oil and gas companies have poured billions of dollars into developing the Permian Basin over the last several years. In...
by admin@hew-tex | Mar 26, 2019 | Hew-Tex, Uncategorized
Bloomberg: By Javier Blas March 25, 2019, 10:01 PM MDT Updated on March 26, 2019, 9:50 AM MDT American petroleum exports to overtake Russia within 5 years Second wave of U.S. shale revolution to hit geopolitics: IEA Oil trader Paul Vega is at the vanguard of shale’s...
by admin@hew-tex | Mar 23, 2019 | Hew-Tex, Uncategorized
Jordan Blum : Houston Chronicle – March 23, 2019 The nation’s biggest energy players, Exxon Mobil and Chevron, are emerging as the biggest competitors in the booming Permian Basin, and they’re set to duke it out in the region for more than a decade to come,...
by admin@hew-tex | Mar 14, 2019 | Hew-Tex, Uncategorized
World Oil: By Kevin Crowley on 3/14/2019 HOUSTON (Bloomberg) — Exxon Mobil plans to reduce the cost of pumping oil in the Permian to about $15/bbl, a level only seen in the giant oil fields of the Middle East. The scale of Exxon’s drilling means that it can...