Trade tensions led American companies to shift operations to Mexico from China. President Trump’s latest tariff threat has upended that strategy. Source: NYT > Business – Ben Casselman
Saudi Arabia Negotiating to Buy U.S. Natural Gas From Sempra Energy
The deal would be Saudi Aramco’s first large purchase of American gas and signals that the country wants to extend its energy industry beyond oil. Source: NYT > Business – Clifford Krauss
Saudi Oil Infrastructure at Risk as Small Attacks Raise Potential for Big Disruption
Saudi Arabia spent heavily to protect its oil production lines but rapid changes in technology may mean ports and pipelines are increasingly exposed in the turbulent region. Source: NYT > Business – STANLEY REED
A Keystone-Like Pipeline Opens Fierce Battle Over New York’s ‘Energy Future’
The Cuomo administration must decide before Thursday whether to approve a new natural gas pipeline that environmentalists say would harm the area’s waters. Source: NYT > Business – VIVIAN WANG and MICHAEL ADNO
Anadarko Says It Now Favors Occidental Bid Over Chevron
Occidental and Chevron are competing to acquire Anadarko and its holdings in the Permian Basin. Chevron will now have four days to improve its bid. Source: NYT > Business – CLIFFORD KRAUSS
Occidental Offers Another Reason for Anadarko to Accept Its Bid
Occidental says it will sell off a slew of Anadarko investments and use the money to finance its purchase. The move is meant to counter Chevron’s deep pockets. Source: NYT > Business – CLIFFORD KRAUSS