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January 21, 2021

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Failed U.S. stimulus talks could threaten economic recovery

October 15, 2020October 9, 2020 - by scuranonet

The White House’s sudden exit from fiscal stimulus talks with Democrats in Congress has added another level of doubt to a U.S. economic recovery that already seemed to be weakening, …

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Business

Murphy Oil shuts certain Gulf of Mexico facilities ahead of Hurricane Delta

October 14, 2020October 9, 2020 - by scuranonet

Murphy Oil Corp evacuated workers and have shut in certain facilities in the Gulf of Mexico as a precaution against Hurricane Delta, the company said on Wednesday. Murphy had evacuated …

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Business

UAE-Israel accord could bring new sparkle to Dubai diamond trade

October 13, 2020October 9, 2020 - by scuranonet

The week that Israel and the United Arab Emirates normalised ties, Israeli diamond trader Zvi Shimshi headed to the United Arab Emirates to open a company in Dubai, a regional …

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Business

Phillips 66 delays complete restart of Lake Charles, La. refinery

October 12, 2020October 9, 2020 - by scuranonet

Phillips 66 has temporarily delayed a complete restart of its 260,000 barrel-per-day (bpd) Lake Charles, Louisiana refinery until Hurricane Delta passes, the company said on Wednesday. The refinery was shut …

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Business

Louisiana Offshore Oil Port suspends ops at marine terminal

October 11, 2020October 9, 2020 - by scuranonet

The Louisiana Offshore Oil Port (LOOP) has suspended operations at its offshore marine terminal on Wednesday ahead of Hurricane Delta, the company said in a statement posted in their website. …

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Business

Shell pauses all drilling ops in Gulf of Mexico ahead of Hurricane Delta

October 10, 2020October 9, 2020 - by scuranonet

Royal Dutch Shell Plc is in the process of safely pausing all drilling operations in the Gulf of Mexico as a precaution against Hurricane Delta, the company said on Wednesday. …

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Business

Sachem Head takes $1.2 billion position in Elanco, stock price surges

October 9, 2020 - by scuranonet

Hedge fund Sachem Head Capital Management said on Wednesday that it owns a $1.2 billion stake in Elanco Animal Health Inc and plans to push for changes at the company …

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  • Failed U.S. stimulus talks could threaten economic recovery
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