Daily Oil & Gas and Wall Street Journal News
11/15/19 Oil Prices Higher for the Week Posted on Thursday November 14, 2019
WTI and Brent finished higher Friday, also showing week-on-week increases.
Shell Traders Rake In $1B Profit in Fuel Oil Market Posted on Thursday November 14, 2019
Royal Dutch Shell Plc has made $1 billion from trading fuel oil this year, making it one of the standout winners from rules designed to make the shipping industry greener.
US Drops Eleven Oil, Gas Rigs Posted on Thursday November 14, 2019
The U.S. dropped 10 oil rigs and one gas rig for a net loss of 11 rigs this week, according to data from Baker Hughes Company.
BHP Names New CEO Posted on Thursday November 14, 2019
Australian miner BHP has appointed Mike Henry as its new CEO and executive director.
Jennings Returning to CEO Role at HollyFrontier Posted on Thursday November 14, 2019
Michael Jennings previously served as HollyFrontier's CEO from 2011 to 2016.
Brazil FPSO Starts Production Posted on Thursday November 14, 2019
This photo, released in September of this year, shows the newly completed P-68 FPSO at the EJA shipyard in Aracruz, Brazil. PHOTO SOURCE: Sembcorp Marine
Russia Makes More Money from OPEC+ Deal than Saudis Posted on Thursday November 14, 2019
Russia has earned more money this year from the OPEC+ deal than Saudi Arabia.
Equinor Buys Inspection Services for Over $380MM Posted on Thursday November 14, 2019
Equinor has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf and onshore plants in Norway.
3D Printing On Track to Become Vital in Oil and Gas Posted on Thursday November 14, 2019
3D printing is on track to become a vital component within oil and gas, according to data and analytics company GlobalData.
Saipem to Consider Combining with Subsea 7 Posted on Thursday November 14, 2019
Saipem is considering a combination with rival Subsea 7 to create a larger European oil services provider, people with knowledge of the matter said.
Wall Street Journal
WSJ.com: US Business
Political Ads Are Flourishing Online. Few Agree How to Regulate Them. With federal rules covering digital political ads virtually absent, some states are making their own laws, while tech giants are drawing the lines for acceptable political speech on the fly. Twitter to Restrict How Certain Advertisers Target Users Twitter said it would no longer allow certain types of geographic or keyword targeting for advertisers promoting any type of cause. Dispute Between Taylor Swift, Former Label Flares Again Taylor Swift and her former label traded barbs in an escalating dispute over the pop star?s right to perform her old hits. TikTok Wades Into Online Shopping TikTok is testing a new feature that could give the popular video-sharing app an entry into e-commerce and a new way to make money beyond advertising to its growing U.S. audience. How Google Interferes With Its Search Algorithms and Changes Your Results Pressed by businesses, interest groups and governments, the internet giant uses blacklists, algorithm tweaks and an army of contractors to shape what you see. U.S. Retail Sales Rebounded in October Americans spent more on shopping in October, signaling consumer spending remains on solid footing. Fed Flags Elevated Asset Prices, High Debt as U.S. Risks The Federal Reserve identified elevated asset prices and historically high debt owed by U.S. businesses as top vulnerabilities facing the U.S. financial system, according to the latest central bank financial-stability report.