BGN Plans Global Gas Push Ahead of New Supplies
Energy trader BGN is set to expand its fledgling natural gas business into a global portfolio.
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Crude Finishes Higher on Short Covering
WTI closed above $60 as shaky Ukraine cease-fire talks kept a risk premium in the market.
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ITT Agrees to Buy Lone Star's SPX Flow in $4.8B Deal
ITT Inc. has agreed to acquire industrial equipment manufacturer SPX Flow Inc. from Lone Star Funds.
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Chevron, Gorgon Partners OK $2B to Drill for More Gas
Gorgon, on the remote Barrow Island in northwestern Australia, is the largest resource development in Australia's history.
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USA Crude Oil Stocks Rise Week on Week
Crude oil stocks, not including the SPR, stood at 427.5 million barrels on November 28, according to the EIA's latest weekly petroleum status report.
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Today's $67 Per Barrel Is Only $44 in 2008 Dollars
Today's $67 per barrel is only $44 per barrel in 2008-dollars, SEB Chief Commodities Analyst Bjarne Schieldrop said.
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Crescent Says Signed Over $900MM Non-Core Divestments
The latest divestment involves its non-operated DJ Basin assets, which will be acquired by an unnamed private buyer for $90 million.
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