Harvey has knocked out a significant portion of the nation’s oil refining capacity

The nation’s biggest oil refinery shut down Wednesday morning as Tropical Storm Harvey continued to hammer the core of the U.S. industry that turns crude oil into gasoline. The Motiva refinery in Port Arthur, Texas, began a “controlled shutdown” at 5 a.m. Wednesday, joining more than a dozen other facilities in Corpus Christi, Beaumont and other… Please follow and like us:

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Blockchain Startup COSS and Romania’s Eva Energy Join Forces to Enable Cryptocurrency Bill Payments in the Country

Bitcoin Press Release: C.O.S.S. PTE LTD partners with Romanian energy supply company Eva Energy to make cryptocurrency bill payments a reality for the public. FOREX INVESTORS Blockchain Startup COSS Romanian pro-blockchain energy supply company, Eva Energy has announced that it will now be accepting gas and electricity bill payments in multiple cryptocurrencies. C.O.S.S.PTE LTD (COSS), the… Please follow and like us:

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US PE Stays Unfazed Amid Evolving Landscape

The dealmaking environment may be complex, as prices stay high and sourcing difficult, but US PE investors continue to deploy capital. And signs that the industry continues to evolve in response to broader cyclical factors—investing more heavily in tech companies and raising larger funds—remain intact. Get The Full Value Stocks Series in PDF Get the entire… Please follow and like us:

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Great Rotation In Progress Amid Shift From Growth And Elsewhere

U.S. economic data is softening and volatility remains low as the third quarter gets underway, but for all the activity among favored tech stocks during the second quarter, U.S. equities could only manage a very small gain. A relative calm that seems to have set in, but one firm is warning that investors should prepare for… Please follow and like us:

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When It Comes To Foreign, There’s No Reason To Own Everything

The trend toward “passive” investing – by which I mean investing in low-cost index-type funds that own broad swathes of the investable marketplace – is certainly a phenomenon that has many more years to play out. Investors, frustrated with the high costs of actively managed funds, have shifted billions of dollars in assets from active funds… Please follow and like us:

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ExxonMobil Earnings – What Do They Mean?

This week, ExxonMobil and Chevron released quarterly results from Q1 2017. Both released numbers that topped consensus estimates. Some analysts have suggested the Exxon’s numbers can provide insight into the energy sector, as follows. As the world’s largest publically traded oil and gas company, ExxonMobil can say a lot about the oil economy as a whole.… Please follow and like us:

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Iran: Trump Stance Won’t Derail Foreign Investment in Oil, Gas

Iran’s deputy minister for petroleum says the hawkish stance taken by U.S. President Donald Trump on the Iranian nuclear deal is a “passing hiccup” that should not affect foreign investment in the country’s energy sector. Amir Hossein Zamaninia made the remarks Wednesday at the CWC Iran LNG and Gas Partnerships Summit in Frankfurt, Germany. Iran has… Please follow and like us:

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