Shares of oil and gas companies rose alongside oil futures after a terrorism scare in New York and amid anticipation of colder weather nationwide. "This was an attempted terrorist attack," said New York City Mayor Bill de Blasio, as reported earlier, adding that the perpetrator was likely a "lone wolf" influenced by extremist Web sites.
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San Antonio-based Petro Waste Environmental said it's building two more landfills in the zone that'll make it the largest Permian operator broke ground on two landfills to process oilfield "mud" and other waste products from increased drilling activity on the Permian Basin in West Texas.
Chevron's slightly reduced $18.3 billion spending plan for 2018 is likely geared toward more short-term projects, according to analysts at energy-oriented investment bank Simmons & Co., as reported earlier.
--Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
December 11, 2017 16:14 ET (21:14 GMT)