
Rusty Hutson, Diversified Gas & Oil PLC Co-founder & CEO
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Column: US Oil Output Set to Plunge as Storage Fills
Adjustment to low prices will be much faster than in the past.
Shell Sells Minority Stake in Queensland Curtis LNG Facilities for $2.5 Billion
Shell said on Dec. 21 it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual target for divestments.
Oil Prices on Track for Monthly Gain as Dollar Supports
Oil prices rose on July 31 and were on track for monthly gains, boosted by a weaker dollar in the face of continuing concerns over the recovery of the U.S. economy.