Archives for February 2018
Dover Corp. names new energy spinoff in The Woodlands
The newly named “Apergy Energy” will soon call The Woodlands home after the oil and gas company completes its separation from industrial equipment manufacturer Dover Corp. in May. Source: FuelFix
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Venezuela's turmoil pushes refiners to find new crude supplies
Oil refineries in the U.S. Gulf of Mexico are buying the most crude from the U.K. North Sea in more than seven years as they scramble to replace lost supplies from Venezuela. Source: FuelFix
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Offshore drilling foes, denied microphone, hold rallies
HAMILTON, N.J. – With giant inflatable whales, signs that read “Drilling Is Killing” and chants of “Where’s our meeting?” opponents of President Donald Trump’s plan to open most of the nation’s coastline to oil and...
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Marathon Oil reports small loss as shale focus intensifies
Houston-based Marathon Oil posted a small $28 million loss for the fourth quarter relative to its much larger $1.4 billion loss for the final three months of 2016. Source: FuelFix
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Linn Energy selling West Texas assets for $20 million
Houston’s Linn Energy it’s selling its West Texas assets for nearly $120 million so the formerly bankrupted enterprise can focus on its oil and gas developments in Oklahoma. Source: FuelFix
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