Oil Prices Rise as OPEC Production Declines
The price of crude oil continued its recovery last week on news of a reduction in oil production worldwide and positive economic news. The Organization
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Bargain Purchases in Business Combinations: A Rarity Explained
In the years since Financial Accounting Standard (FAS) 141 (now codified as ASC 805, Business Combinations) was implemented in 2001, most business combinations have resulted
India Vows To Keep Buying Venezuelan Oil Despite U.S. Warning
India indicates that it look into commercial considerations and related factors to determine the value of oil imports from any country, as the United States
Shell Leads Global New-build Capex Outlook on Planned and Announced Upstream Projects to 2025
A total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025. Royal
Venezuela’s Financial Troubles Impact Texas and U.S.
The political turmoil in Venezuela has huge implications internationally, especially for Texas and the United States. Petroleos de Venezuela (PDVSA), the nationally owned energy company,
Founders Opens Houston Office, Hires Seasoned Banker
Founders Advisors has opened a Houston office. This new office, Founders second office in Texas, will focus on serving middle-market energy equipment and service companies.
Danos to Acquire Shamrock Energy Solutions
GRAY, La. – Danos is pleased to announce that it has reached a tentative agreement to acquire the assets and business of Shamrock Energy Solutions,
Gasoline is More Important Than Healthcare for Americans, Choose Free Gas Over Free Cash, New Study Finds
BOSTON — Americans collectively spent $388 billion on gasoline in 2018, averaging to 34 million fill-ups a day. GasBuddy, the only smartphone app connecting drivers with
Trendsetter Engineering Completes Delivery of Production Equipment for Noble Energy Leviathan Project
Houston, TX – Trendsetter Engineering has successfully completed the design and build of subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas