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News Highlights: Top Energy News of the Day

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09/23/2019 | 07:16am EST
Oil Slips After Iran Lets Tanker Go 

Brent crude oil was lower in the wake of Iran's announcement it will free the Stena Impero--the British-flagged oil tanker it seized in July. Th.

Iran Frees British-Flagged Tanker to End Standoff Ahead of U.N. Summit 

Iran said a British-flagged tanker it seized in July on alleged maritime violations is free to leave, ending a monthslong standoff with the U.K. ahead of a United Nations summit where it faces tough questions over attacks on rival Saudi Arabia's oil facilities.

Aramco's Repairs Could Take Months Longer Than Company Anticipates, Contractors Say 

Aramco is telling contractors to spare no expense getting facilities in working order after attacks.

Oil Companies, Pushed to Address Climate, Disagree on How 

As global leaders prepare to debate action on climate change at the United Nations, big oil companies are aiming to show that they are part of the solution to a problem they helped cause.

Fracking Ban, Pushed by Democratic Hopefuls, Could Dent Economy 

Climate-change platforms of some Democratic presidential candidates propose a ban on fracking, a move that is popular with their supporters but could have consequences for the U.S. economy.

Saudi Arabia Shows Depth of Damage to Its Oil Facilities 

Saudi Arabia brought reporters to see oil facilities attacked by drones and missiles last weekend, a move aimed at rallying international support against Iran ahead of a critical meeting next week of world leaders at the United Nations.

Ex-CEO's Suit Against Vista-Backed Solera Tossed Out 

Solera, which makes software for the automotive and insurance industries, faced accusations by its former Chairman and Chief Executive Anthony Aquila that the company was trying to deny him vested stock options after he left the company in May.

McDermott International Hires Law Firm Kirkland & Ellis to Advise on Restructuring 

McDermott International Inc.'s debt talks are heating up with the struggling engineering firm hiring Kirkland & Ellis LLP to advise on efforts to restructure its balance sheet, according to people familiar with the matter.

U.S. Oil Rig Count Falls by 14 in Latest Week 

The number of rigs drilling for oil in the U.S. fell by 14 in the past week to 719, its lowest level in more than two years, according to oil-field services company Baker Hughes.

Saudi Oil Attacks Could Halt Natural-Gas Rally 

Natural-gas prices have recovered from their summer swoon, but analysts and investors are skeptical that the gains will last, particularly after the attacks on Saudi oil facilities.

Stocks mentioned in the article
ChangeLast1st jan.
BAKER HUGHES -0.72% 22.01 Delayed Quote.3.12%
LONDON BRENT OIL 0.07% 60.82 Delayed Quote.16.92%
MCDERMOTT INTERNATIONAL, INC. -7.76% 0.56 Delayed Quote.-90.72%
WTI 0.00% 55.33 Delayed Quote.25.46%
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