Archives for January 2018
Chevron, Total announce new Gulf of Mexico discovery
Chevron and Paris-based Total said Wednesday they’ve made a major oil discovery in the stagnant Gulf of Mexico southeast of New Orleans. Source: FuelFix
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BP announces North Sea discoveries with Shell, Chevron
BP said it made two successful discoveries in the North Sea – one of which is with fellow Big Oil giants Royal Dutch Shell and Chevron. Source: FuelFix
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Enterprise Products Partners reports strong annual profits after oil bust
Houston pipeline and terminal giant Enterprise Products Partners, which has for months been expanding operations statewide, saw its profits surge in 2017 as crude oil prices stabilized after a crippling bust. Source: FuelFix
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Oil prices take biggest hit of the year
Oil took its biggest tumble since early December as investors worry U.S. stockpiles started expanding again. Source: FuelFix
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Exxon Mobil plans to triple Permian production
Exxon Mobil said Tuesday it plans to triple its oil and gas production in West Texas’ booming Permian Basin as part of its heightened emphasis on U.S. growth. Source: FuelFix
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